C1MI34 (Brazil) Price on December 20, 2024
| C1MI34 Stock | BRL 553.50 2.94 0.53% |
If you're considering investing in C1MI34 Stock, it is important to understand the factors that can impact its price. As of today, the current price of C1MI34 stands at 553.50, as last reported on the 24th of December, with the highest price reaching 553.50 and the lowest price hitting 553.50 during the day. C1MI34 appears to be very steady, given 3 months investment horizon. C1MI34 secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty technical indicators for C1MI34, which you can use to evaluate the volatility of the entity. Please makes use of C1MI34's Variance of 9.3, coefficient of variation of 608.39, and Mean Deviation of 1.07 to double-check if our risk estimates are consistent with your expectations.
C1MI34 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
C1MI34 |
Sharpe Ratio = 0.1404
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Estimated Market Risk
| 3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average C1MI34 is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of C1MI34 by adding it to a well-diversified portfolio.
C1MI34 Valuation on December 20, 2024
It is possible to determine the worth of C1MI34 on a given historical date. On December 20, 2024 C1MI34 was worth 553.5 at the beginning of the trading date compared to the closed value of 553.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of C1MI34 stock. Still, in general, we apply an absolute valuation method to find C1MI34's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of C1MI34 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against C1MI34's related companies.
| Open | High | Low | Close | Volume | |
| 556.44 | 556.44 | 556.44 | 556.44 | 1.00 | |
12/20/2024 | 553.50 | 553.50 | 553.50 | 553.50 | 1.00 |
| 553.50 | 553.50 | 553.50 | 553.50 | 0.00 |
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C1MI34 Trading Date Momentum on December 20, 2024
| On December 24 2024 C1MI34 was traded for 553.50 at the closing time. The highest price during the trading period was 553.50 and the lowest recorded bid was listed for 553.50 . There was no trading activity during the period 0.0. Lack of trading volume on December 24, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
C1MI34 Fundamentals Correlations and Trends
By evaluating C1MI34's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among C1MI34's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. C1MI34 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About C1MI34 Stock history
C1MI34 investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for C1MI34 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in C1MI34 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing C1MI34 stock prices may prove useful in developing a viable investing in C1MI34
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana. CUMMINS INC operates under Specialty Industrial Machinery classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 57825 people.
C1MI34 Stock Technical Analysis
C1MI34 technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
C1MI34 Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
C1MI34 cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
C1MI34 December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how C1MI34 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading C1MI34 shares will generate the highest return on investment. By undertsting and applying C1MI34 stock market strength indicators, traders can identify C1MI34 entry and exit signals to maximize returns
C1MI34 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for C1MI34's price direction in advance. Along with the technical and fundamental analysis of C1MI34 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of C1MI34 to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1376 | |||
| Jensen Alpha | 0.4871 | |||
| Total Risk Alpha | 0.402 | |||
| Treynor Ratio | 2.8 |
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Complementary Tools for C1MI34 Stock analysis
When running C1MI34's price analysis, check to measure C1MI34's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy C1MI34 is operating at the current time. Most of C1MI34's value examination focuses on studying past and present price action to predict the probability of C1MI34's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move C1MI34's price. Additionally, you may evaluate how the addition of C1MI34 to your portfolios can decrease your overall portfolio volatility.
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