Renda De (Brazil) Price on December 16, 2024
| NEWU11 Fund | BRL 79.80 0.20 0.25% |
If you're considering investing in Renda Fund, it is important to understand the factors that can impact its price. As of today, the current price of Renda De stands at 79.80, as last reported on the 8th of January, with the highest price reaching 80.00 and the lowest price hitting 75.50 during the day. Renda De appears to be very steady, given 3 months investment horizon. Renda de Escritorios maintains Sharpe Ratio (i.e., Efficiency) of 0.0508, which implies the entity had a 0.0508% return per unit of risk over the last 3 months. We have found thirty technical indicators for Renda de Escritorios, which you can use to evaluate the volatility of the fund. Please evaluate Renda De's Risk Adjusted Performance of 0.0527, semi deviation of 3.57, and Coefficient Of Variation of 1822.24 to confirm if our risk estimates are consistent with your expectations.
Renda Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Renda |
Sharpe Ratio = 0.0508
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Estimated Market Risk
| 4.14 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Renda De is performing at about 4% 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 Renda De by adding it to a well-diversified portfolio.
Renda De Valuation on December 16, 2024
It is possible to determine the worth of Renda De on a given historical date. On December 16, 2024 Renda was worth 88.57 at the beginning of the trading date compared to the closed value of 84.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Renda De fund. Still, in general, we apply an absolute valuation method to find Renda De'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 Renda De where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Renda De's related companies.
| Open | High | Low | Close | Volume | |
| 73.90 | 88.68 | 73.90 | 88.68 | 60.00 | |
12/16/2024 | 88.57 | 88.57 | 81.06 | 84.88 | 89.00 |
| 72.90 | 72.90 | 72.90 | 72.90 | 15.00 |
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Renda De Trading Date Momentum on December 16, 2024
| On December 17 2024 Renda de Escritorios was traded for 72.90 at the closing time. The highest price during the trading period was 72.90 and the lowest recorded bid was listed for 72.90 . The volume for the day was 15.0. This history from December 17, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 14.11% . The trading delta at closing time to the current price is 8.46% . |
About Renda De Fund history
Renda De 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 Renda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Renda de Escritorios 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 Renda De stock prices may prove useful in developing a viable investing in Renda De
Renda de Escritorios Fundo de Investimento Imobiliario - Cotas Fundo specializes in real estate investments. FII NEWRU operates under REITDiversified classification in Brazil and is traded on Sao Paolo Stock Exchange.
Renda De Fund Technical Analysis
Renda De technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Renda De Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Renda de Escritorios 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.
Renda De January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Renda De fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Renda De shares will generate the highest return on investment. By undertsting and applying Renda De fund market strength indicators, traders can identify Renda de Escritorios entry and exit signals to maximize returns
Renda De Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Renda De's price direction in advance. Along with the technical and fundamental analysis of Renda Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Renda 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 | 0.0527 | |||
| Jensen Alpha | 0.2581 | |||
| Total Risk Alpha | 0.1427 | |||
| Sortino Ratio | 0.0513 | |||
| Treynor Ratio | (0.42) |
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| Volume Indicators |
Other Information on Investing in Renda Fund
Renda De financial ratios help investors to determine whether Renda Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Renda with respect to the benefits of owning Renda De security.
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