Companhia Tecidos (Brazil) Price on August 22, 2023
CTSA3 Stock | BRL 1.50 0.01 0.66% |
If you're considering investing in Companhia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Companhia Tecidos stands at 1.50, as last reported on the 27th of December, with the highest price reaching 1.50 and the lowest price hitting 1.50 during the day. Companhia Tecidos secures Sharpe Ratio (or Efficiency) of -0.4, which signifies that the company had a -0.4% return per unit of risk over the last 3 months. Companhia Tecidos Santanense exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Companhia Tecidos' Risk Adjusted Performance of (0.26), mean deviation of 1.58, and Standard Deviation of 2.41 to double-check the risk estimate we provide.
Companhia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Companhia |
Sharpe Ratio = -0.3964
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Estimated Market Risk
2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.96 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.4 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Companhia Tecidos 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 Companhia Tecidos by adding Companhia Tecidos to a well-diversified portfolio.
Companhia Tecidos Valuation on August 22, 2023
It is possible to determine the worth of Companhia Tecidos on a given historical date. On August 22, 2023 Companhia was worth 2.9 at the beginning of the trading date compared to the closed value of 2.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Companhia Tecidos stock. Still, in general, we apply an absolute valuation method to find Companhia Tecidos' 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 Companhia Tecidos where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Companhia Tecidos' related companies.
Open | High | Low | Close | Volume | |
3.03 | 3.03 | 2.90 | 2.92 | 3,000 | |
08/22/2023 | 2.90 | 2.99 | 2.87 | 2.89 | 2,800 |
2.90 | 3.23 | 2.87 | 3.00 | 19,900 |
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Companhia Tecidos Trading Date Momentum on August 22, 2023
On August 23 2023 Companhia Tecidos Santanense was traded for 3.00 at the closing time. The highest price during the trading period was 3.23 and the lowest recorded bid was listed for 2.87 . The volume for the day was 19.9 K. This history from August 23, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 3.81% . The overall trading delta to the current price is 4.84% . |
Companhia Tecidos Fundamentals Correlations and Trends
By evaluating Companhia Tecidos' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Companhia Tecidos' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Companhia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Companhia Tecidos Stock history
Companhia Tecidos 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 Companhia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Companhia Tecidos 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 Companhia Tecidos stock prices may prove useful in developing a viable investing in Companhia Tecidos
Companhia Tecidos Santanense Ltda. engages in textile business in Brazil and internationally. Companhia Tecidos Santanense Ltda. is a subsidiary of Oxford Comrcio e Participaes S.A. SANTANENSE operates under Textile Manufacturing classification in Brazil and is traded on Sao Paolo Stock Exchange.
Companhia Tecidos Stock Technical Analysis
Companhia Tecidos 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
Companhia Tecidos Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Companhia Tecidos Santanense 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.
Companhia Tecidos December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Companhia Tecidos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Companhia Tecidos shares will generate the highest return on investment. By undertsting and applying Companhia Tecidos stock market strength indicators, traders can identify Companhia Tecidos Santanense entry and exit signals to maximize returns
Companhia Tecidos Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Companhia Tecidos' price direction in advance. Along with the technical and fundamental analysis of Companhia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Companhia 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 | (0.26) | |||
Jensen Alpha | (0.83) | |||
Total Risk Alpha | (0.96) | |||
Treynor Ratio | (9.09) |
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Additional Tools for Companhia Stock Analysis
When running Companhia Tecidos' price analysis, check to measure Companhia Tecidos' 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 Companhia Tecidos is operating at the current time. Most of Companhia Tecidos' value examination focuses on studying past and present price action to predict the probability of Companhia Tecidos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Tecidos' price. Additionally, you may evaluate how the addition of Companhia Tecidos to your portfolios can decrease your overall portfolio volatility.