Nu Renda (Brazil) Price on November 6, 2024
| NDIV11 Fund | 98.95 1.75 1.74% |
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 98.95, as last reported on the 6th of January, with the highest price reaching 100.70 and the lowest price hitting 98.94 during the day. Nu Renda Ibov retains Efficiency (Sharpe Ratio) of -0.2, which conveys that the entity had a -0.2% 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 (0.24), mean deviation of 0.7613, and Market Risk Adjusted Performance of (1.33) 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 = -0.2044
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NDIV11 |
Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 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 November 6, 2024
It is possible to determine the worth of Nu Renda on a given historical date. On November 6, 2024 NDIV11 was worth 109.0 at the beginning of the trading date compared to the closed value of 110.16. 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 | |
| 109.97 | 110.05 | 109.26 | 109.74 | 1,156 | |
11/06/2024 | 109.00 | 110.48 | 108.83 | 110.16 | 3,347 |
| 110.69 | 112.00 | 110.51 | 111.20 | 3,108 |
| Backtest Nu Renda | | | Nu Renda History | Previous | Next |
Nu Renda Trading Date Momentum on November 6, 2024
| On November 07 2024 Nu Renda Ibov was traded for 111.20 at the closing time. The highest price during the trading period was 112.00 and the lowest recorded bid was listed for 110.51 . The volume for the day was 3.1 K. This history from November 7, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.94% . The trading delta at closing time to the current price is 3.30% . |
Price Boundaries
Nu Renda Period Price Range
Low | January 6, 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 6, 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 | (0.18) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (1.34) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |