TRX Renda (Brazil) Price on August 23, 2023

TRXF11 Fund  BRL 98.70  2.96  3.09%   
If you're considering investing in TRX Fund, it is important to understand the factors that can impact its price. As of today, the current price of TRX Renda stands at 98.70, as last reported on the 20th of December, with the highest price reaching 98.90 and the lowest price hitting 95.74 during the day. TRX Renda Fundo owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0457, which indicates the fund had a -0.0457% return per unit of risk over the last 3 months. TRX Renda Fundo exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TRX Renda's Variance of 1.01, risk adjusted performance of (0.07), and Coefficient Of Variation of (1,070) to confirm the risk estimate we provide.
  
TRX Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0457

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Estimated Market Risk

 1.1
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average TRX 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 TRX Renda by adding TRX Renda to a well-diversified portfolio.

TRX Renda Valuation on August 23, 2023

It is possible to determine the worth of TRX Renda on a given historical date. On August 23, 2023 TRX was worth 97.75 at the beginning of the trading date compared to the closed value of 97.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TRX Renda fund. Still, in general, we apply an absolute valuation method to find TRX 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 TRX Renda where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TRX Renda's related companies.
 Open High Low Close Volume
  97.86    98.03    97.26    97.75    20,661  
08/23/2023
  97.75    97.91    97.43    97.86    94,751  
  97.86    97.86    96.94    97.48    20,105  
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Open Value
97.75
97.86
Closing Value
101.06
Upside

TRX Renda Trading Date Momentum on August 23, 2023

On August 24 2023 TRX Renda Fundo was traded for  97.48  at the closing time. The highest price during the trading period was 97.86  and the lowest recorded bid was listed for  96.94 . The volume for the day was 20.1 K. This history from August 24, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 0.39% . The trading price change to the current price is 15.08% .

About TRX Renda Fund history

TRX Renda 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 TRX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TRX Renda Fundo 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 TRX Renda stock prices may prove useful in developing a viable investing in TRX Renda

TRX Renda Fund Technical Analysis

TRX Renda 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.
A focus of TRX Renda technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TRX Renda 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

TRX Renda Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

TRX Renda Fundo 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.

TRX Renda December 20, 2024 Market Strength

Market strength indicators help investors to evaluate how TRX 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 TRX Renda shares will generate the highest return on investment. By undertsting and applying TRX Renda fund market strength indicators, traders can identify TRX Renda Fundo entry and exit signals to maximize returns

TRX Renda Technical and Predictive Indicators

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

Other Information on Investing in TRX Fund

TRX Renda financial ratios help investors to determine whether TRX 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 TRX with respect to the benefits of owning TRX Renda security.
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