Patria Investments (Brazil) Price on November 6, 2024
| P2AX34 Stock | 35.68 0.20 0.56% |
If you're considering investing in Patria Stock, it is important to understand the factors that can impact its price. As of today, the current price of Patria Investments stands at 35.68, as last reported on the 7th of January, with the highest price reaching 35.72 and the lowest price hitting 35.68 during the day. Patria Investments appears to be very steady, given 3 months investment horizon. Patria Investments maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Patria Investments, which you can use to evaluate the volatility of the company. Please evaluate Patria Investments' Risk Adjusted Performance of 0.1307, coefficient of variation of 642.32, and Semi Deviation of 0.7949 to confirm if our risk estimates are consistent with your expectations.
Patria Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Patria |
Sharpe Ratio = 0.2149
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | P2AX34 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Patria Investments is performing at about 16% 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 Patria Investments by adding it to a well-diversified portfolio.
Patria Investments Valuation on November 6, 2024
It is possible to determine the worth of Patria Investments on a given historical date. On November 6, 2024 Patria was worth 33.86 at the beginning of the trading date compared to the closed value of 33.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Patria Investments stock. Still, in general, we apply an absolute valuation method to find Patria Investments' 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 Patria Investments where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Patria Investments' related companies.
| Open | High | Low | Close | Volume | |
| 33.86 | 33.86 | 33.86 | 33.86 | 1.00 | |
11/06/2024 | 33.86 | 33.86 | 33.86 | 33.86 | 1.00 |
| 34.07 | 34.07 | 34.07 | 34.07 | 15.00 |
| Backtest Patria Investments | | | Patria Investments History | Previous | Next |
Patria Investments Trading Date Momentum on November 6, 2024
| On November 07 2024 Patria Investments Limited was traded for 34.07 at the closing time. The highest price during the trading period was 34.07 and the lowest recorded bid was listed for 34.07 . The volume for the day was 15.0. 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 0.62% . The trading delta at closing time to the current price is 1.89% . |
Price Boundaries
Patria Investments Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Patria Investments Limited 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.
Patria Investments January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Patria Investments stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Patria Investments shares will generate the highest return on investment. By undertsting and applying Patria Investments stock market strength indicators, traders can identify Patria Investments Limited entry and exit signals to maximize returns
Patria Investments Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Patria Investments' price direction in advance. Along with the technical and fundamental analysis of Patria Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Patria 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 | 0.1307 | |||
| Jensen Alpha | 0.2256 | |||
| Total Risk Alpha | 0.1956 | |||
| Sortino Ratio | 0.088 | |||
| Treynor Ratio | 0.936 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Patria Stock analysis
When running Patria Investments' price analysis, check to measure Patria Investments' 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 Patria Investments is operating at the current time. Most of Patria Investments' value examination focuses on studying past and present price action to predict the probability of Patria Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patria Investments' price. Additionally, you may evaluate how the addition of Patria Investments to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |