Itasa Investimentos (Brazil) Price on August 21, 2023
ITSA4 Preferred Stock | BRL 9.45 0.15 1.61% |
If you're considering investing in Itasa Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Itasa Investimentos stands at 9.45, as last reported on the 11th of December 2024, with the highest price reaching 9.45 and the lowest price hitting 9.32 during the day. Itasa Investimentos holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Itasa Investimentos exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Itasa Investimentos' Market Risk Adjusted Performance of (0.48), risk adjusted performance of (0.09), and Standard Deviation of 1.23 to validate the risk estimate we provide.
Itasa Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Itasa |
Sharpe Ratio = -0.1418
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Estimated Market Risk
1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Itasa Investimentos 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 Itasa Investimentos by adding Itasa Investimentos to a well-diversified portfolio.
Itasa Investimentos Valuation on August 21, 2023
It is possible to determine the worth of Itasa Investimentos on a given historical date. On August 21, 2023 Itasa was worth 7.84 at the beginning of the trading date compared to the closed value of 7.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Itasa Investimentos preferred stock. Still, in general, we apply an absolute valuation method to find Itasa Investimentos' 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 Itasa Investimentos where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Itasa Investimentos' related companies.
Open | High | Low | Close | Volume | |
7.82 | 7.88 | 7.76 | 7.86 | 14,889,498 | |
08/21/2023 | 7.84 | 7.85 | 7.72 | 7.74 | 40,031,483 |
7.76 | 7.91 | 7.75 | 7.87 | 28,476,501 |
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Itasa Investimentos Trading Date Momentum on August 21, 2023
On August 22 2023 Itasa Investimentos was traded for 7.87 at the closing time. The highest price during the trading period was 7.91 and the lowest recorded bid was listed for 7.75 . The volume for the day was 28.5 M. This history from August 22, 2023 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.68% . The trading delta at closing time to the current price is 2.07% . |
Itasa Investimentos Fundamentals Correlations and Trends
By evaluating Itasa Investimentos' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Itasa Investimentos' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Itasa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Itasa Investimentos Preferred Stock history
Itasa Investimentos 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 Itasa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Itasa Investimentos 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 Itasa Investimentos stock prices may prove useful in developing a viable investing in Itasa Investimentos
Itasa S.A., through its subsidiaries, operates in the financial and industrial markets in Brazil and internationally. The company was founded in 1966 and is headquartered in So Paulo, Brazil. ITAUSA PN operates under BanksRegional classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 126000 people.
Itasa Investimentos Preferred Stock Technical Analysis
Itasa Investimentos technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Itasa Investimentos Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Itasa Investimentos 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.
Itasa Investimentos December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Itasa Investimentos preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Itasa Investimentos shares will generate the highest return on investment. By undertsting and applying Itasa Investimentos preferred stock market strength indicators, traders can identify Itasa Investimentos entry and exit signals to maximize returns
Itasa Investimentos Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Itasa Investimentos' price direction in advance. Along with the technical and fundamental analysis of Itasa Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Itasa 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 | (0.09) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | (0.49) |
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Additional Tools for Itasa Preferred Stock Analysis
When running Itasa Investimentos' price analysis, check to measure Itasa Investimentos' 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 Itasa Investimentos is operating at the current time. Most of Itasa Investimentos' value examination focuses on studying past and present price action to predict the probability of Itasa Investimentos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itasa Investimentos' price. Additionally, you may evaluate how the addition of Itasa Investimentos to your portfolios can decrease your overall portfolio volatility.