B3 SA (Brazil) Price on December 5, 2023
B3SA3 Stock | 10.16 0.16 1.60% |
If you're considering investing in B3SA3 Stock, it is important to understand the factors that can impact its price. As of today, the current price of B3 SA stands at 10.16, as last reported on the 11th of December 2024, with the highest price reaching 10.16 and the lowest price hitting 9.97 during the day. B3 SA retains Efficiency (Sharpe Ratio) of -0.14, which signifies that the company had a -0.14% return per unit of price deviation over the last 3 months. B3 SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm B3 SA's Variance of 3.48, market risk adjusted performance of (3.25), and Information Ratio of (0.21) to double-check the risk estimate we provide.
B3SA3 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
B3SA3 |
Sharpe Ratio = -0.1358
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Estimated Market Risk
1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average B3 SA 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 B3 SA by adding B3 SA to a well-diversified portfolio.
B3 SA Valuation on December 5, 2023
It is possible to determine the worth of B3 SA on a given historical date. On December 5, 2023 B3SA3 was worth 13.25 at the beginning of the trading date compared to the closed value of 13.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of B3 SA stock. Still, in general, we apply an absolute valuation method to find B3 SA'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 B3 SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against B3 SA's related companies.
Open | High | Low | Close | Volume | |
13.45 | 13.64 | 13.40 | 13.54 | 45,646,100 | |
12/05/2023 | 13.25 | 13.54 | 13.25 | 13.45 | 40,133,100 |
13.55 | 13.60 | 13.15 | 13.23 | 41,140,900 |
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B3 SA Trading Date Momentum on December 5, 2023
On December 06 2023 B3 SA was traded for 13.23 at the closing time. The highest price during the trading period was 13.60 and the lowest recorded bid was listed for 13.15 . The volume for the day was 41.1 M. This history from December 6, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.64% . The overall trading delta to the current price is 10.78% . |
B3 SA Fundamentals Correlations and Trends
By evaluating B3 SA'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 B3 SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. B3SA3 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About B3 SA Stock history
B3 SA 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 B3SA3 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in B3 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 B3 SA stock prices may prove useful in developing a viable investing in B3 SA
B3 SA Stock Technical Analysis
B3 SA 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
B3 SA Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
B3 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.
B3 SA December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how B3 SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading B3 SA shares will generate the highest return on investment. By undertsting and applying B3 SA stock market strength indicators, traders can identify B3 SA entry and exit signals to maximize returns
B3 SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for B3 SA's price direction in advance. Along with the technical and fundamental analysis of B3SA3 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of B3SA3 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 | (0.1) | |||
Jensen Alpha | (0.28) | |||
Total Risk Alpha | (0.57) | |||
Treynor Ratio | (3.26) |
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Additional Tools for B3SA3 Stock Analysis
When running B3 SA's price analysis, check to measure B3 SA'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 B3 SA is operating at the current time. Most of B3 SA's value examination focuses on studying past and present price action to predict the probability of B3 SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B3 SA's price. Additionally, you may evaluate how the addition of B3 SA to your portfolios can decrease your overall portfolio volatility.