Stoneco Stock Price on September 18, 2024
STNE Stock | USD 8.03 0.07 0.86% |
If you're considering investing in StoneCo Stock, it is important to understand the factors that can impact its price. As of today, the current price of StoneCo stands at 8.03, as last reported on the 6th of January, with the highest price reaching 8.13 and the lowest price hitting 8.01 during the day. StoneCo owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. StoneCo exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate StoneCo's Variance of 9.46, coefficient of variation of (652.70), and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide.
StoneCo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
StoneCo |
Sharpe Ratio = -0.1532
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Estimated Market Risk
3.08 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.47 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 StoneCo 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 StoneCo by adding StoneCo to a well-diversified portfolio.
StoneCo Valuation on September 18, 2024
It is possible to determine the worth of StoneCo on a given historical date. On September 18, 2024 StoneCo was worth 12.37 at the beginning of the trading date compared to the closed value of 12.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of StoneCo stock. Still, in general, we apply an absolute valuation method to find StoneCo'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 StoneCo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against StoneCo's related companies.
Open | High | Low | Close | Volume | |
12.42 | 12.52 | 12.21 | 12.31 | 2,820,086 | |
09/18/2024 | 12.37 | 12.64 | 12.14 | 12.29 | 2,927,283 |
12.60 | 12.63 | 12.29 | 12.35 | 2,289,183 |
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StoneCo Trading Date Momentum on September 18, 2024
On September 19 2024 StoneCo was traded for 12.35 at the closing time. The top price for the day was 12.63 and the lowest listed price was 12.29 . The trading volume for the day was 2.3 M. The trading history from September 19, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.49% . The trading price change against the current closing price is 7.00% . |
StoneCo Fundamentals Correlations and Trends
By evaluating StoneCo'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 StoneCo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. StoneCo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About StoneCo Stock history
StoneCo 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 StoneCo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in StoneCo 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 StoneCo stock prices may prove useful in developing a viable investing in StoneCo
StoneCo Ltd. provides financial technology solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. StoneCo Ltd. was founded in 2000 and is headquartered in George Town, the Cayman Islands. Stoneco is traded on NASDAQ Exchange in the United States.
StoneCo Stock Technical Analysis
StoneCo 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.
Price Boundaries
StoneCo Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
StoneCo cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
StoneCo January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how StoneCo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading StoneCo shares will generate the highest return on investment. By undertsting and applying StoneCo stock market strength indicators, traders can identify StoneCo entry and exit signals to maximize returns
StoneCo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for StoneCo's price direction in advance. Along with the technical and fundamental analysis of StoneCo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of StoneCo 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 | (0.12) | |||
Jensen Alpha | (0.49) | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | (0.51) |
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Complementary Tools for StoneCo Stock analysis
When running StoneCo's price analysis, check to measure StoneCo'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 StoneCo is operating at the current time. Most of StoneCo's value examination focuses on studying past and present price action to predict the probability of StoneCo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move StoneCo's price. Additionally, you may evaluate how the addition of StoneCo to your portfolios can decrease your overall portfolio volatility.
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