Nu Renda (Brazil) Price on January 6, 2025
If you're considering investing in NDIV11 Fund, it is important to understand the factors that can impact its price. As of today, the current price of Nu Renda stands at 106.49, as last reported on the 7th of January, with the highest price reaching 93.71 and the lowest price hitting 110.32 during the day. Nu Renda Ibov retains Efficiency (Sharpe Ratio) of -0.16, which conveys that the entity had a -0.16% return per unit of price deviation over the last 3 months. Nu Renda exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nu Renda's Information Ratio of (0.19), mean deviation of 0.7799, and Market Risk Adjusted Performance of (0.66) to check out the risk estimate we provide.
NDIV11 Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
NDIV11 |
Sharpe Ratio = -0.1615
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| Negative Returns | NDIV11 |
Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nu Renda 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 Nu Renda by adding Nu Renda to a well-diversified portfolio.
Nu Renda Valuation on January 6, 2025
It is possible to determine the worth of Nu Renda on a given historical date. On January 6, 2025 NDIV11 was worth 100.13 at the beginning of the trading date compared to the closed value of 100.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nu Renda fund. Still, in general, we apply an absolute valuation method to find Nu Renda'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 Nu Renda where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nu Renda's related companies.
| Open | High | Low | Close | Volume | |
| 100.23 | 100.70 | 98.94 | 98.95 | 17,081 | |
01/06/2025 | 100.13 | 100.66 | 99.15 | 100.27 | 37,620 |
| 100.13 | 100.66 | 99.15 | 100.27 | 0.00 |
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Nu Renda Trading Date Momentum on January 6, 2025
| On January 07 2025 Nu Renda Ibov was traded for 100.27 at the closing time. The highest price during the trading period was 100.66 and the lowest recorded bid was listed for 99.15 . There was no trading activity during the period 0.0. Lack of trading volume on January 7, 2025 did not cause price change. The trading delta at closing time to the current price is 0.14% . |
Price Boundaries
Nu Renda Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Nu Renda Ibov 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.
Nu Renda January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Nu Renda fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nu Renda shares will generate the highest return on investment. By undertsting and applying Nu Renda fund market strength indicators, traders can identify Nu Renda Ibov entry and exit signals to maximize returns
Nu Renda Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nu Renda's price direction in advance. Along with the technical and fundamental analysis of NDIV11 Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of NDIV11 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 | (0.13) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.67) |
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |