Mxima Renda (Brazil) Price on June 30, 2023
CARE11 Fund | BRL 1.21 0.05 3.97% |
If you're considering investing in Mxima Fund, it is important to understand the factors that can impact its price. As of today, the current price of Mxima Renda stands at 1.21, as last reported on the 21st of December, with the highest price reaching 1.27 and the lowest price hitting 1.17 during the day. Mxima Renda Corporativa has Sharpe Ratio of -0.17, which conveys that the entity had a -0.17% return per unit of risk over the last 3 months. Mxima Renda exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mxima Renda's Risk Adjusted Performance of (0.11), mean deviation of 1.7, and Standard Deviation of 2.3 to check out the risk estimate we provide.
Mxima Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mxima |
Sharpe Ratio = -0.1694
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Negative Returns | CARE11 |
Estimated Market Risk
2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mxima Renda is not performing at its full potential. However, 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 Mxima Renda by adding Mxima Renda to a well-diversified portfolio.
Mxima Renda Valuation on June 30, 2023
It is possible to determine the worth of Mxima Renda on a given historical date. On June 30, 2023 Mxima was worth 2.11 at the beginning of the trading date compared to the closed value of 2.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mxima Renda fund. Still, in general, we apply an absolute valuation method to find Mxima Renda'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 Mxima Renda where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mxima Renda's related companies.
Open | High | Low | Close | Volume | |
2.10 | 2.16 | 2.08 | 2.11 | 6,049 | |
06/30/2023 | 2.11 | 2.14 | 2.05 | 2.06 | 3,955 |
2.06 | 2.14 | 2.00 | 2.02 | 24,672 |
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Mxima Renda Trading Date Momentum on June 30, 2023
On July 03 2023 Mxima Renda Corporativa was traded for 2.02 at the closing time. The highest price during the trading period was 2.14 and the lowest recorded bid was listed for 2.00 . The volume for the day was 24.7 K. This history from July 3, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.94% . The trading delta at closing time to the current price is 3.88% . |
Mxima Renda Corporativa Fundamentals Correlations and Trends
By evaluating Mxima Renda'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 Mxima Renda's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mxima financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mxima Renda Fund history
Mxima Renda 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 Mxima is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mxima Renda Corporativa 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 Mxima Renda stock prices may prove useful in developing a viable investing in Mxima Renda
Mxima Renda Fund Technical Analysis
Mxima Renda technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Mxima Renda Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Mxima Renda Corporativa 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.
Mxima Renda December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Mxima Renda fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mxima Renda shares will generate the highest return on investment. By undertsting and applying Mxima Renda fund market strength indicators, traders can identify Mxima Renda Corporativa entry and exit signals to maximize returns
Mxima Renda Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mxima Renda's price direction in advance. Along with the technical and fundamental analysis of Mxima Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mxima 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 | (0.11) | |||
Jensen Alpha | (0.37) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | (0.59) |
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Mxima Fund
Mxima Renda financial ratios help investors to determine whether Mxima Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mxima with respect to the benefits of owning Mxima Renda security.
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