Guararapes Confeces (Brazil) Price on March 11, 2024

GUAR3 Stock  BRL 6.25  0.06  0.97%   
If you're considering investing in Guararapes Stock, it is important to understand the factors that can impact its price. As of today, the current price of Guararapes Confeces stands at 6.25, as last reported on the 27th of December, with the highest price reaching 6.27 and the lowest price hitting 6.01 during the day. Guararapes Confeces holds Efficiency (Sharpe) Ratio of -0.0593, which attests that the entity had a -0.0593% return per unit of standard deviation over the last 3 months. Guararapes Confeces exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guararapes Confeces' market risk adjusted performance of 1.38, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
  
Guararapes Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0593

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Estimated Market Risk

 4.52
  actual daily
40
60% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Guararapes Confeces 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 Guararapes Confeces by adding Guararapes Confeces to a well-diversified portfolio.

Guararapes Confeces Valuation on March 11, 2024

It is possible to determine the worth of Guararapes Confeces on a given historical date. On March 11, 2024 Guararapes was worth 7.58 at the beginning of the trading date compared to the closed value of 7.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guararapes Confeces stock. Still, in general, we apply an absolute valuation method to find Guararapes Confeces' 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 Guararapes Confeces where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guararapes Confeces' related companies.
 Open High Low Close Volume
  6.73    7.69    6.64    7.69    7,284,600  
03/11/2024
  7.58    7.99    7.34    7.94    4,451,700  
  7.89    7.90    7.55    7.57    3,337,400  
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Open Value
7.58
7.94
Closing Value
21.13
Upside

Guararapes Confeces Trading Date Momentum on March 11, 2024

On March 12 2024 Guararapes Confeces SA was traded for  7.57  at the closing time. The highest price during the trading period was 7.90  and the lowest recorded bid was listed for  7.55 . The volume for the day was 3.3 M. This history from March 12, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.66% . The overall trading delta to the current price is 1.13% .

Guararapes Confeces Fundamentals Correlations and Trends

By evaluating Guararapes Confeces' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Guararapes Confeces' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guararapes financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Guararapes Confeces Stock history

Guararapes Confeces 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 Guararapes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guararapes Confeces 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 Guararapes Confeces stock prices may prove useful in developing a viable investing in Guararapes Confeces
Guararapes Confeces S.A. engages in the manufacture, distribution, and retail of fashion clothes in Brazil. Guararapes Confeces S.A. was founded in 1947 and is based in So Paulo, Brazil. GUARARAPES operates under Apparel Manufacturing classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 42553 people.

Guararapes Confeces Stock Technical Analysis

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

Guararapes Confeces Period Price Range

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December 27, 2024
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Guararapes Confeces 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.

Guararapes Confeces December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Guararapes Confeces stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guararapes Confeces shares will generate the highest return on investment. By undertsting and applying Guararapes Confeces stock market strength indicators, traders can identify Guararapes Confeces SA entry and exit signals to maximize returns

Guararapes Confeces Technical and Predictive Indicators

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

Additional Tools for Guararapes Stock Analysis

When running Guararapes Confeces' price analysis, check to measure Guararapes Confeces' 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 Guararapes Confeces is operating at the current time. Most of Guararapes Confeces' value examination focuses on studying past and present price action to predict the probability of Guararapes Confeces' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guararapes Confeces' price. Additionally, you may evaluate how the addition of Guararapes Confeces to your portfolios can decrease your overall portfolio volatility.