Indstrias Romi (Brazil) Price on November 29, 2024

ROMI3 Stock  BRL 9.25  0.15  1.65%   
If you're considering investing in Indstrias Stock, it is important to understand the factors that can impact its price. As of today, the current price of Indstrias Romi stands at 9.25, as last reported on the 2nd of December, with the highest price reaching 9.25 and the lowest price hitting 8.97 during the day. Indstrias Romi SA holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Indstrias Romi SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indstrias Romi's Market Risk Adjusted Performance of (5.28), risk adjusted performance of (0.11), and Standard Deviation of 1.5 to validate the risk estimate we provide.
  
Indstrias Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1526

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Estimated Market Risk

 1.5
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Indstrias Romi 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 Indstrias Romi by adding Indstrias Romi to a well-diversified portfolio.

Indstrias Romi Valuation on November 29, 2024

It is possible to determine the worth of Indstrias Romi on a given historical date. On November 29, 2024 Indstrias was worth 9.22 at the beginning of the trading date compared to the closed value of 9.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indstrias Romi stock. Still, in general, we apply an absolute valuation method to find Indstrias Romi'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 Indstrias Romi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indstrias Romi's related companies.
 Open High Low Close Volume
  9.51    9.51    9.10    9.10    334,300  
11/29/2024
  9.22    9.25    8.97    9.25    357,600  
  9.22    9.25    8.97    9.25    0.00  
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Open Value
9.22
9.25
Closing Value
13.72
Upside

Indstrias Romi Trading Date Momentum on November 29, 2024

On December 02 2024 Indstrias Romi SA was traded for  9.25  at the closing time. The highest price during the trading period was 9.25  and the lowest recorded bid was listed for  8.97 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time to the current price is 0.32% .

Indstrias Romi SA Fundamentals Correlations and Trends

By evaluating Indstrias Romi'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 Indstrias Romi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Indstrias financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Indstrias Romi Stock history

Indstrias Romi 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 Indstrias is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indstrias Romi 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 Indstrias Romi stock prices may prove useful in developing a viable investing in Indstrias Romi
Romi S.A. manufactures and sells machine tools, plastic processing machines, and cast and machined cast iron parts in Brazil, Europe, Latin America, North America, Africa, and Asia. Romi S.A. was founded in 1930 and is headquartered in Santa Brbara dOeste, Brazil. INDS ROMI operates under Industrial Distribution classification in Brazil and is traded on Sao Paolo Stock Exchange.

Indstrias Romi Stock Technical Analysis

Indstrias Romi 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.
A focus of Indstrias Romi technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Indstrias Romi trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Indstrias Romi Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Indstrias Romi 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.

Indstrias Romi December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Indstrias Romi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indstrias Romi shares will generate the highest return on investment. By undertsting and applying Indstrias Romi stock market strength indicators, traders can identify Indstrias Romi SA entry and exit signals to maximize returns

Indstrias Romi Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Indstrias Romi's price direction in advance. Along with the technical and fundamental analysis of Indstrias Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indstrias 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.

Additional Tools for Indstrias Stock Analysis

When running Indstrias Romi's price analysis, check to measure Indstrias Romi'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 Indstrias Romi is operating at the current time. Most of Indstrias Romi's value examination focuses on studying past and present price action to predict the probability of Indstrias Romi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indstrias Romi's price. Additionally, you may evaluate how the addition of Indstrias Romi to your portfolios can decrease your overall portfolio volatility.