Cosan SA (Brazil) Price on October 8, 2024
CSAN3 Stock | BRL 10.19 0.52 5.38% |
If you're considering investing in Cosan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cosan SA stands at 10.19, as last reported on the 2nd of December, with the highest price reaching 10.19 and the lowest price hitting 9.48 during the day. Cosan SA secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Cosan SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cosan SA's Mean Deviation of 1.8, standard deviation of 2.52, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide.
Cosan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cosan |
Sharpe Ratio = -0.1429
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Estimated Market Risk
2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.37 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 Cosan 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 Cosan SA by adding Cosan SA to a well-diversified portfolio.
Cosan SA Valuation on October 8, 2024
It is possible to determine the worth of Cosan SA on a given historical date. On October 8, 2024 Cosan was worth 12.99 at the beginning of the trading date compared to the closed value of 12.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cosan SA stock. Still, in general, we apply an absolute valuation method to find Cosan 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 Cosan SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cosan SA's related companies.
Open | High | Low | Close | Volume | |
13.37 | 13.43 | 12.93 | 13.05 | 8,704,700 | |
10/08/2024 | 12.99 | 13.00 | 12.70 | 12.80 | 8,559,900 |
12.71 | 12.76 | 12.35 | 12.44 | 12,893,500 |
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Cosan SA Trading Date Momentum on October 8, 2024
On October 09 2024 Cosan SA was traded for 12.44 at the closing time. The highest price during the trading period was 12.76 and the lowest recorded bid was listed for 12.35 . The volume for the day was 12.9 M. This history from October 9, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.81% . The overall trading delta to the current price is 6.17% . |
Cosan SA Fundamentals Correlations and Trends
By evaluating Cosan 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 Cosan SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cosan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cosan SA Stock history
Cosan 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 Cosan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cosan 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 Cosan SA stock prices may prove useful in developing a viable investing in Cosan SA
Cosan S.A., through its subsidiaries, primarily engages in the fuel distribution business in Brazil, Europe, Latin America, North America, Asia, and internationally. Cosan S.A. was founded in 1936 and is headquartered in So Paulo, Brazil. COSAN ON operates under Oil Gas Refining Marketing classification in Brazil and is traded on Sao Paolo Stock Exchange.
Cosan SA Stock Technical Analysis
Cosan 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
Cosan SA Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Cosan 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.
Cosan SA December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Cosan 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 Cosan SA shares will generate the highest return on investment. By undertsting and applying Cosan SA stock market strength indicators, traders can identify Cosan SA entry and exit signals to maximize returns
Cosan SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cosan SA's price direction in advance. Along with the technical and fundamental analysis of Cosan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cosan 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 | (0.41) | |||
Total Risk Alpha | (0.84) | |||
Treynor Ratio | 4.86 |
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Additional Tools for Cosan Stock Analysis
When running Cosan SA's price analysis, check to measure Cosan 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 Cosan SA is operating at the current time. Most of Cosan SA's value examination focuses on studying past and present price action to predict the probability of Cosan 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 Cosan SA's price. Additionally, you may evaluate how the addition of Cosan SA to your portfolios can decrease your overall portfolio volatility.