FedEx (Brazil) Price on December 14, 2024
| FDXB34 Stock | BRL 1,703 15.30 0.91% |
If you're considering investing in FedEx Stock, it is important to understand the factors that can impact its price. As of today, the current price of FedEx stands at 1,703, as last reported on the 14th of December 2024, with the highest price reaching 1,712 and the lowest price hitting 1,703 during the day. At this point, FedEx is very steady. FedEx secures Sharpe Ratio (or Efficiency) of 0.0538, which denotes the company had a 0.0538% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for FedEx, which you can use to evaluate the volatility of the firm. Please confirm FedEx's Mean Deviation of 1.02, coefficient of variation of 1802.62, and Downside Deviation of 5.36 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
FedEx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FedEx |
Sharpe Ratio = 0.0538
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| Cash | Small Risk | FDXB34 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average FedEx is performing at about 4% 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 FedEx by adding it to a well-diversified portfolio.
FedEx Valuation on December 14, 2024
It is possible to determine the worth of FedEx on a given historical date. On December 14, 2024 FedEx was worth 1711.72 at the beginning of the trading date compared to the closed value of 1703.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FedEx stock. Still, in general, we apply an absolute valuation method to find FedEx'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 FedEx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FedEx's related companies.
| Open | High | Low | Close | Volume | |
| 1,712 | 1,712 | 1,703 | 1,703 | 200.00 | |
12/14/2024 | 1,712 | 1,712 | 1,703 | 1,703 | 0.00 |
| Backtest FedEx | | | FedEx History | | | FedEx Valuation | Previous |
FedEx Trading Date Momentum on December 14, 2024
| On December 14 2024 FedEx was traded for 1,703 at the closing time. The highest price during the trading period was 1,712 and the lowest recorded bid was listed for 1,703 . There was no trading activity during the period 0.0. Lack of trading volume on December 14, 2024 did not affect price variability. The overall trading delta to the current price is 0.48% . |
FedEx Fundamentals Correlations and Trends
By evaluating FedEx'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 FedEx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FedEx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FedEx Stock history
FedEx 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 FedEx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FedEx 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 FedEx stock prices may prove useful in developing a viable investing in FedEx
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company was founded in 1971 and is based in Memphis, Tennessee. FEDEX CORP operates under Integrated Freight Logistics classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 384000 people.
FedEx Stock Technical Analysis
FedEx 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
FedEx Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
FedEx 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.
FedEx December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how FedEx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FedEx shares will generate the highest return on investment. By undertsting and applying FedEx stock market strength indicators, traders can identify FedEx entry and exit signals to maximize returns
FedEx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FedEx's price direction in advance. Along with the technical and fundamental analysis of FedEx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FedEx 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 | 0.047 | |||
| Jensen Alpha | 0.1062 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0044 | |||
| Treynor Ratio | 1.41 |
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Complementary Tools for FedEx Stock analysis
When running FedEx's price analysis, check to measure FedEx'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 FedEx is operating at the current time. Most of FedEx's value examination focuses on studying past and present price action to predict the probability of FedEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FedEx's price. Additionally, you may evaluate how the addition of FedEx to your portfolios can decrease your overall portfolio volatility.
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