Maxi Renda (Brazil) Price on July 7, 2023
MXRF11 Fund | BRL 9.33 0.23 2.53% |
If you're considering investing in Maxi Fund, it is important to understand the factors that can impact its price. As of today, the current price of Maxi Renda stands at 9.33, as last reported on the 29th of December, with the highest price reaching 9.33 and the lowest price hitting 9.13 during the day. Maxi Renda Fundo has Sharpe Ratio of -0.0484, which conveys that the entity had a -0.0484% return per unit of risk over the last 3 months. Maxi Renda exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maxi Renda's Mean Deviation of 0.9071, standard deviation of 1.2, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
Maxi Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Maxi |
Sharpe Ratio = -0.0484
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Estimated Market Risk
1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Maxi Renda 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 Maxi Renda by adding Maxi Renda to a well-diversified portfolio.
Maxi Renda Valuation on July 7, 2023
It is possible to determine the worth of Maxi Renda on a given historical date. On July 7, 2023 Maxi was worth 8.95 at the beginning of the trading date compared to the closed value of 8.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Maxi Renda fund. Still, in general, we apply an absolute valuation method to find Maxi 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 Maxi Renda where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Maxi Renda's related companies.
Open | High | Low | Close | Volume | |
8.95 | 8.97 | 8.94 | 8.95 | 733,031 | |
07/07/2023 | 8.95 | 8.98 | 8.94 | 8.98 | 734,054 |
8.98 | 8.98 | 8.93 | 8.94 | 998,482 |
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Maxi Renda Trading Date Momentum on July 7, 2023
On July 10 2023 Maxi Renda Fundo was traded for 8.94 at the closing time. The highest price during the trading period was 8.98 and the lowest recorded bid was listed for 8.93 . The volume for the day was 998.5 K. This history from July 10, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.45% . The trading delta at closing time to the current price is 0.56% . |
Maxi Renda Fundo Fundamentals Correlations and Trends
By evaluating Maxi Renda'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 Maxi Renda's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Maxi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Maxi Renda Fund history
Maxi 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 Maxi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Maxi 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 Maxi Renda stock prices may prove useful in developing a viable investing in Maxi Renda
Maxi Renda Fund Technical Analysis
Maxi 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
Maxi Renda Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Maxi 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.
Maxi Renda December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Maxi 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 Maxi Renda shares will generate the highest return on investment. By undertsting and applying Maxi Renda fund market strength indicators, traders can identify Maxi Renda Fundo entry and exit signals to maximize returns
Maxi Renda Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Maxi Renda's price direction in advance. Along with the technical and fundamental analysis of Maxi Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Maxi 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 | (0.03) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.1) | |||
Treynor Ratio | 0.1684 |
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Volume Indicators |
Other Information on Investing in Maxi Fund
Maxi Renda financial ratios help investors to determine whether Maxi 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 Maxi with respect to the benefits of owning Maxi Renda security.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |