Mxima Renda (Brazil) Price on September 29, 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 20th 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 -0.15, which conveys that the entity had a -0.15% 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 Standard Deviation of 2.3, mean deviation of 1.7, and Risk Adjusted Performance of (0.11) 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.

Sharpe Ratio = -0.1456

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsCARE11

Estimated Market Risk

 2.34
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.34
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  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 September 29, 2023

It is possible to determine the worth of Mxima Renda on a given historical date. On September 29, 2023 Mxima was worth 1.75 at the beginning of the trading date compared to the closed value of 1.77. 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
  1.70    1.75    1.69    1.72    4,568  
09/29/2023
  1.75    1.80    1.72    1.77    3,409  
  1.80    1.83    1.77    1.83    3,968  
Backtest Mxima Renda  |  Mxima Renda History  |  Mxima Renda Valuation   PreviousNext  
Open Value
1.75
1.77
Closing Value
8.78
Upside

Mxima Renda Trading Date Momentum on September 29, 2023

On October 02 2023 Mxima Renda Corporativa was traded for  1.83  at the closing time. The highest price during the trading period was 1.83  and the lowest recorded bid was listed for  1.77 . The volume for the day was 4 K. This history from October 2, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 3.39% . The trading delta at closing time to the current price is 1.69% .

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.
A focus of Mxima Renda technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mxima Renda trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mxima Renda Period Price Range

Low
December 20, 2024
0.00  NaN%
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 20, 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.

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.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities