M Dias (Brazil) Price on September 18, 2024
MDIA3 Stock | BRL 22.21 0.17 0.77% |
If you're considering investing in MDIA3 Stock, it is important to understand the factors that can impact its price. As of today, the current price of M Dias stands at 22.21, as last reported on the 2nd of December, with the highest price reaching 22.46 and the lowest price hitting 21.48 during the day. M Dias Branco has Sharpe Ratio of -0.12, which conveys that the company had a -0.12% return per unit of risk over the last 3 months. M Dias exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify M Dias' Standard Deviation of 2.2, mean deviation of 1.61, and Coefficient Of Variation of (677.01) to check out the risk estimate we provide.
MDIA3 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MDIA3 |
Sharpe Ratio = -0.1244
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Estimated Market Risk
2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average M Dias 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 M Dias by adding M Dias to a well-diversified portfolio.
M Dias Valuation on September 18, 2024
It is possible to determine the worth of M Dias on a given historical date. On September 18, 2024 MDIA3 was worth 26.63 at the beginning of the trading date compared to the closed value of 26.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of M Dias stock. Still, in general, we apply an absolute valuation method to find M Dias' 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 M Dias where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against M Dias' related companies.
Open | High | Low | Close | Volume | |
26.70 | 26.84 | 26.27 | 26.66 | 737,800 | |
09/18/2024 | 26.63 | 27.00 | 26.60 | 26.77 | 466,900 |
26.78 | 26.96 | 26.12 | 26.37 | 791,800 |
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M Dias Trading Date Momentum on September 18, 2024
On September 19 2024 M Dias Branco was traded for 26.37 at the closing time. The highest price during the trading period was 26.96 and the lowest recorded bid was listed for 26.12 . The volume for the day was 791.8 K. This history from September 19, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.49% . The trading delta at closing time to the current price is 6.20% . |
M Dias Branco Fundamentals Correlations and Trends
By evaluating M Dias' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among M Dias' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MDIA3 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About M Dias Stock history
M Dias 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 MDIA3 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in M Dias Branco 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 M Dias stock prices may prove useful in developing a viable investing in M Dias
Indstria e Comrcio de Alimentos engages in the manufacture and sale of crackers and noodles primarily in Brazil. Indstria e Comrcio de Alimentos was founded in 1936 and is based in Eusbio, Brazil. M Dias operates under Packaged Foods classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 20408 people.
M Dias Stock Technical Analysis
M Dias 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
M Dias Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
M Dias Branco 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.
M Dias December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how M Dias stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading M Dias shares will generate the highest return on investment. By undertsting and applying M Dias stock market strength indicators, traders can identify M Dias Branco entry and exit signals to maximize returns
M Dias Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for M Dias' price direction in advance. Along with the technical and fundamental analysis of MDIA3 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MDIA3 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 | (0.11) | |||
Jensen Alpha | (0.32) | |||
Total Risk Alpha | (0.70) | |||
Treynor Ratio | 2.63 |
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Additional Tools for MDIA3 Stock Analysis
When running M Dias' price analysis, check to measure M Dias' 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 M Dias is operating at the current time. Most of M Dias' value examination focuses on studying past and present price action to predict the probability of M Dias' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move M Dias' price. Additionally, you may evaluate how the addition of M Dias to your portfolios can decrease your overall portfolio volatility.