General Electric (Brazil) Price on June 17, 2024
GEOO34 Stock | BRL 1,014 3.74 0.37% |
If you're considering investing in General Stock, it is important to understand the factors that can impact its price. As of today, the current price of General Electric stands at 1,014, as last reported on the 23rd of December, with the highest price reaching 1,029 and the lowest price hitting 992.83 during the day. General Electric holds Efficiency (Sharpe) Ratio of -0.0078, which attests that the entity had a -0.0078% return per unit of risk over the last 3 months. General Electric exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out General Electric's Market Risk Adjusted Performance of 0.0919, downside deviation of 2.64, and Risk Adjusted Performance of 0.0205 to validate the risk estimate we provide.
General Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
General |
Sharpe Ratio = -0.0078
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | GEOO34 |
Estimated Market Risk
2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average General Electric 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 General Electric by adding General Electric to a well-diversified portfolio.
General Electric Valuation on June 17, 2024
It is possible to determine the worth of General Electric on a given historical date. On June 17, 2024 General was worth 831.19 at the beginning of the trading date compared to the closed value of 888.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of General Electric stock. Still, in general, we apply an absolute valuation method to find General Electric'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 General Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against General Electric's related companies.
Open | High | Low | Close | Volume | |
823.98 | 836.36 | 823.84 | 831.19 | 1,403 | |
06/17/2024 | 831.19 | 904.95 | 831.19 | 888.54 | 673.00 |
890.31 | 890.31 | 878.51 | 883.72 | 66.00 |
Backtest General Electric | | | General Electric History | | | General Electric Valuation | Previous | Next |
General Electric Trading Date Momentum on June 17, 2024
On June 18 2024 General Electric was traded for 883.72 at the closing time. The highest price during the trading period was 890.31 and the lowest recorded bid was listed for 878.51 . The volume for the day was 66.0. This history from June 18, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.54% . The overall trading delta to the current price is 0.61% . |
General Electric Fundamentals Correlations and Trends
By evaluating General Electric'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 General Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. General financial account trend analysis is a perfect complement when working with valuation or volatility modules.About General Electric Stock history
General Electric 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 General is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in General Electric 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 General Electric stock prices may prove useful in developing a viable investing in General Electric
General Electric Company operates as a high-tech industrial company worldwide. The company was founded in 1878 and is headquartered in Boston, Massachusetts. GE DRN operates under Specialty Industrial Machinery classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 174000 people.
General Electric Stock Technical Analysis
General Electric 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
General Electric Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
General Electric 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.
General Electric December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how General Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading General Electric shares will generate the highest return on investment. By undertsting and applying General Electric stock market strength indicators, traders can identify General Electric entry and exit signals to maximize returns
General Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for General Electric's price direction in advance. Along with the technical and fundamental analysis of General Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of General 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 | 0.0205 | |||
Jensen Alpha | 0.0212 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | 0.0026 | |||
Treynor Ratio | 0.0819 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for General Stock analysis
When running General Electric's price analysis, check to measure General Electric'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 General Electric is operating at the current time. Most of General Electric's value examination focuses on studying past and present price action to predict the probability of General Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Electric's price. Additionally, you may evaluate how the addition of General Electric to your portfolios can decrease your overall portfolio volatility.
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |