TRX Renda (Brazil) Price on October 5, 2023
| TRXF11 Fund | BRL 100.02 0.92 0.91% |
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 100.02, as last reported on the 18th of January 2025, with the highest price reaching 100.48 and the lowest price hitting 97.00 during the day. At this point, TRX Renda is very steady. TRX Renda Fundo owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.032, which indicates the fund had a 0.032% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for TRX Renda Fundo, which you can use to evaluate the volatility of the fund. Please validate TRX Renda's Semi Deviation of 1.19, coefficient of variation of 4671.45, and Risk Adjusted Performance of 0.0215 to confirm if the risk estimate we provide is consistent with the expected return of 0.0437%.
TRX Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
TRX |
Sharpe Ratio = 0.032
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TRXF11 |
Estimated Market Risk
| 1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average TRX Renda is performing at about 2% 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 TRX Renda by adding it to a well-diversified portfolio.
TRX Renda Valuation on October 5, 2023
It is possible to determine the worth of TRX Renda on a given historical date. On October 5, 2023 TRX was worth 93.3 at the beginning of the trading date compared to the closed value of 92.92. 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 | |
| 94.37 | 95.07 | 94.37 | 94.78 | 30,784 | |
10/05/2023 | 93.30 | 93.30 | 92.47 | 92.92 | 30,770 |
| 92.92 | 93.16 | 92.47 | 93.10 | 167,209 |
| Backtest TRX Renda | | | TRX Renda History | Previous | Next |
TRX Renda Trading Date Momentum on October 5, 2023
| On October 06 2023 TRX Renda Fundo was traded for 93.10 at the closing time. The highest price during the trading period was 93.16 and the lowest recorded bid was listed for 92.47 . The volume for the day was 167.2 K. This history from October 6, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 0.19% . The trading price change to the current price is 0.34% . |
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.
Price Boundaries
TRX Renda Period Price Range
Low | January 18, 2025
| 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 January 18, 2025 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.
| Risk Adjusted Performance | 0.0215 | |||
| Jensen Alpha | 0.0182 | |||
| Total Risk Alpha | 0.0233 | |||
| Sortino Ratio | 0.0168 | |||
| Treynor Ratio | 0.2124 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |