Iochpe Maxion (Brazil) Price on September 19, 2024
| MYPK3 Stock | BRL 11.73 0.33 2.89% |
If you're considering investing in Iochpe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Iochpe Maxion stands at 11.73, as last reported on the 2nd of December, with the highest price reaching 11.73 and the lowest price hitting 11.00 during the day. Currently, Iochpe Maxion SA is not too volatile. Iochpe Maxion SA holds Efficiency (Sharpe) Ratio of 0.0498, which attests that the entity had a 0.0498% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Iochpe Maxion SA, which you can use to evaluate the volatility of the firm. Please check out Iochpe Maxion's Risk Adjusted Performance of 0.0296, downside deviation of 1.88, and Market Risk Adjusted Performance of 0.2566 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Iochpe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Iochpe |
Sharpe Ratio = 0.0498
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Estimated Market Risk
| 2.31 actual daily | 20 80% 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 | 3 97% of assets perform better |
Based on monthly moving average Iochpe Maxion is performing at about 3% 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 Iochpe Maxion by adding it to a well-diversified portfolio.
Iochpe Maxion Valuation on September 19, 2024
It is possible to determine the worth of Iochpe Maxion on a given historical date. On September 19, 2024 Iochpe was worth 11.55 at the beginning of the trading date compared to the closed value of 11.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Iochpe Maxion stock. Still, in general, we apply an absolute valuation method to find Iochpe Maxion'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 Iochpe Maxion where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Iochpe Maxion's related companies.
| Open | High | Low | Close | Volume | |
| 11.52 | 11.74 | 11.35 | 11.35 | 810,900 | |
09/19/2024 | 11.55 | 11.55 | 11.16 | 11.22 | 601,700 |
| 11.23 | 11.23 | 10.85 | 10.85 | 1,206,900 |
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Iochpe Maxion Trading Date Momentum on September 19, 2024
| On September 20 2024 Iochpe Maxion SA was traded for 10.85 at the closing time. The highest price during the trading period was 11.23 and the lowest recorded bid was listed for 10.85 . The volume for the day was 1.2 M. This history from September 20, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.30% . The trading delta at closing time to the current price is 3.65% . |
Iochpe Maxion SA Fundamentals Correlations and Trends
By evaluating Iochpe Maxion'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 Iochpe Maxion's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Iochpe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Iochpe Maxion Stock history
Iochpe Maxion 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 Iochpe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Iochpe Maxion SA 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 Iochpe Maxion stock prices may prove useful in developing a viable investing in Iochpe Maxion
Iochpe-Maxion S.A. produces and sells automotive wheels and structural components for light and commercial vehicles in North America, South America, Europe, Asia, and internationally. The company was founded in 1918 and is headquartered in Cruzeiro, Brazil. IOCHP MAXIONON operates under Auto Parts classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 16000 people.
Iochpe Maxion Stock Technical Analysis
Iochpe Maxion 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
Iochpe Maxion Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Iochpe Maxion SA 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.
Iochpe Maxion December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Iochpe Maxion stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Iochpe Maxion shares will generate the highest return on investment. By undertsting and applying Iochpe Maxion stock market strength indicators, traders can identify Iochpe Maxion SA entry and exit signals to maximize returns
Iochpe Maxion Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Iochpe Maxion's price direction in advance. Along with the technical and fundamental analysis of Iochpe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Iochpe 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 | 0.0296 | |||
| Jensen Alpha | 0.0283 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.2466 |
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Additional Tools for Iochpe Stock Analysis
When running Iochpe Maxion's price analysis, check to measure Iochpe Maxion'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 Iochpe Maxion is operating at the current time. Most of Iochpe Maxion's value examination focuses on studying past and present price action to predict the probability of Iochpe Maxion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iochpe Maxion's price. Additionally, you may evaluate how the addition of Iochpe Maxion to your portfolios can decrease your overall portfolio volatility.