Localiza Rent A Stock Price on October 21, 2024

LZRFY Stock  USD 5.64  0.17  3.11%   
If you're considering investing in Localiza OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Localiza Rent stands at 5.64, as last reported on the 12th of December 2024, with the highest price reaching 5.64 and the lowest price hitting 5.51 during the day. Localiza Rent A has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Localiza Rent exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Localiza Rent's Mean Deviation of 2.59, risk adjusted performance of (0.06), and Standard Deviation of 3.66 to check out the risk estimate we provide.
  
Localiza OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1065

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Estimated Market Risk

 3.73
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.4
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Localiza Rent 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 Localiza Rent by adding Localiza Rent to a well-diversified portfolio.

Localiza Rent Valuation on October 21, 2024

It is possible to determine the worth of Localiza Rent on a given historical date. On October 21, 2024 Localiza was worth 7.5 at the beginning of the trading date compared to the closed value of 7.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Localiza Rent otc stock. Still, in general, we apply an absolute valuation method to find Localiza Rent'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 Localiza Rent where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Localiza Rent's related companies.
 Open High Low Close Volume
  7.47    7.94    7.34    7.94    16,300  
10/21/2024
  7.50    7.51    7.47    7.47    1,568  
  7.41    7.45    7.41    7.44    12,200  
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Open Value
7.5
7.47
Closing Value
18.70
Upside

Localiza Rent Trading Date Momentum on October 21, 2024

On October 22 2024 Localiza Rent A was traded for  7.44  at the closing time. The highest daily price throughout the period was 7.45  and the lowest price was  7.41 . The daily volume was 12.2 K. The net trading volume on 10/22/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.40% . The trading delta at closing time to current closing price is 3.08% .

Localiza Rent A Fundamentals Correlations and Trends

By evaluating Localiza Rent'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 Localiza Rent's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Localiza financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Localiza Rent OTC Stock history

Localiza Rent 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 Localiza is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Localiza Rent A 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 Localiza Rent stock prices may prove useful in developing a viable investing in Localiza Rent
Localiza Rent a Car S.A. engages in car rental and franchising activities. The company was founded in 1973 and is headquartered in Belo Horizonte, Brazil. Localiza Rent operates under Rental Leasing Services classification in the United States and is traded on OTC Exchange. It employs 12610 people.

Localiza Rent OTC Stock Technical Analysis

Localiza Rent technical otc 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, otc market cycles, or different charting patterns.
A focus of Localiza Rent technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Localiza Rent 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

Localiza Rent Period Price Range

Low
December 12, 2024
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High

 0.00 

     

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Localiza Rent A cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

Localiza Rent December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Localiza Rent otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Localiza Rent shares will generate the highest return on investment. By undertsting and applying Localiza Rent otc stock market strength indicators, traders can identify Localiza Rent A entry and exit signals to maximize returns

Localiza Rent Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Localiza Rent's price direction in advance. Along with the technical and fundamental analysis of Localiza OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Localiza 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.

Additional Tools for Localiza OTC Stock Analysis

When running Localiza Rent's price analysis, check to measure Localiza Rent'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 Localiza Rent is operating at the current time. Most of Localiza Rent's value examination focuses on studying past and present price action to predict the probability of Localiza Rent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Localiza Rent's price. Additionally, you may evaluate how the addition of Localiza Rent to your portfolios can decrease your overall portfolio volatility.