Basic Materials (Brazil) Price on September 23, 2024
| IMAT Index | 5,874 102.90 1.78% |
Below is the normalized historical share price chart for Basic Materials extending back to May 19, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Basic Materials stands at 5,874, as last reported on the 30th of November, with the highest price reaching 5,882 and the lowest price hitting 5,770 during the day.
If you're considering investing in Basic Index, it is important to understand the factors that can impact its price. Basic Materials secures Sharpe Ratio (or Efficiency) of 0.0753, which signifies that the index had a 0.0753% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Basic Materials, which you can use to evaluate the volatility of the entity. Basic Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.0753
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Basic Materials is performing at about 5% 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 Basic Materials by adding it to a well-diversified portfolio.
Basic Materials Valuation on September 23, 2024
It is possible to determine the worth of Basic Materials on a given historical date. On September 23, 2024 Basic was worth 5448.07 at the beginning of the trading date compared to the closed value of 5403.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Basic Materials index. Still, in general, we apply an absolute valuation method to find Basic Materials' 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 Basic Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Basic Materials' related companies.
| Open | High | Low | Close | Volume | |
| 5,560 | 5,560 | 5,420 | 5,448 | 1.00 | |
09/23/2024 | 5,448 | 5,448 | 5,361 | 5,403 | 1.00 |
| 5,404 | 5,641 | 5,403 | 5,617 | 1.00 |
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Basic Materials Trading Date Momentum on September 23, 2024
| On September 24 2024 Basic Materials was traded for 5,617 at the closing time. The highest price during the trading period was 5,641 and the lowest recorded bid was listed for 5,403 . There was no trading activity during the period 1.0. Lack of trading volume on September 24, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 3.96% . The overall trading delta to the current price is 9.22% . |
Price Boundaries
Basic Materials Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Basic Materials November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Basic Materials index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Basic Materials shares will generate the highest return on investment. By undertsting and applying Basic Materials index market strength indicators, traders can identify Basic Materials entry and exit signals to maximize returns
Basic Materials Technical Drivers
Basic Materials November 30, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Basic Materials' price direction in advance. Along with the technical and fundamental analysis of Basic Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of Basic 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 | 0.054 | |||
| Mean Deviation | 0.8372 | |||
| Semi Deviation | 0.9493 | |||
| Downside Deviation | 1.06 | |||
| Coefficient Of Variation | 1518.99 | |||
| Standard Deviation | 1.21 | |||
| Variance | 1.46 | |||
| Information Ratio | (0.05) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.05) | |||
| Maximum Drawdown | 7.2 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.83 | |||
| Downside Variance | 1.11 | |||
| Semi Variance | 0.9012 | |||
| Expected Short fall | (0.91) | |||
| Skewness | 1.02 | |||
| Kurtosis | 3.37 |
| Cycle Indicators | ||
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| Volume Indicators |