Dimed SA (Brazil) Price on November 11, 2024
| PNVL3 Stock | BRL 8.70 0.02 0.23% |
If you're considering investing in Dimed Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dimed SA stands at 8.70, as last reported on the 29th of December, with the highest price reaching 8.74 and the lowest price hitting 8.62 during the day. Dimed SA Distribuidora secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. Dimed SA Distribuidora exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dimed SA's Variance of 2.08, standard deviation of 1.44, and Mean Deviation of 1.1 to check the risk estimate we provide.
Dimed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dimed |
Sharpe Ratio = -0.1361
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Estimated Market Risk
| 1.45 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.2 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 Dimed 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 Dimed SA by adding Dimed SA to a well-diversified portfolio.
Dimed SA Valuation on November 11, 2024
It is possible to determine the worth of Dimed SA on a given historical date. On November 11, 2024 Dimed was worth 9.85 at the beginning of the trading date compared to the closed value of 9.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dimed SA stock. Still, in general, we apply an absolute valuation method to find Dimed 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 Dimed SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dimed SA's related companies.
| Open | High | Low | Close | Volume | |
| 9.94 | 9.94 | 9.68 | 9.82 | 335,500 | |
11/11/2024 | 9.85 | 9.90 | 9.73 | 9.87 | 218,400 |
| 9.94 | 9.95 | 9.76 | 9.78 | 521,300 |
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Dimed SA Trading Date Momentum on November 11, 2024
| On November 12 2024 Dimed SA Distribuidora was traded for 9.78 at the closing time. The highest price during the trading period was 9.95 and the lowest recorded bid was listed for 9.76 . The volume for the day was 521.3 K. This history from November 12, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.91% . The overall trading delta to the current price is 2.13% . |
Dimed SA Distribuidora Fundamentals Correlations and Trends
By evaluating Dimed 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 Dimed SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dimed financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dimed SA Stock history
Dimed 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 Dimed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dimed SA Distribuidora 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 Dimed SA stock prices may prove useful in developing a viable investing in Dimed SA
Distribuidora de Medicamentos sells medicines, perfumeries, personal care and beauty products, cosmetics, and dermocosmetics in Brazil. It operates 517 stores in Rio Grande do Sul, Santa Catarina, Paran, and So Paulo. DIMED ON is traded on Sao Paolo Stock Exchange in Brazil.
Dimed SA Stock Technical Analysis
Dimed 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
Dimed SA Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Dimed SA Distribuidora 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.
Dimed SA December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Dimed 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 Dimed SA shares will generate the highest return on investment. By undertsting and applying Dimed SA stock market strength indicators, traders can identify Dimed SA Distribuidora entry and exit signals to maximize returns
Dimed SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dimed SA's price direction in advance. Along with the technical and fundamental analysis of Dimed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dimed 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 | (0.09) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 0.7119 |
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Additional Tools for Dimed Stock Analysis
When running Dimed SA's price analysis, check to measure Dimed 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 Dimed SA is operating at the current time. Most of Dimed SA's value examination focuses on studying past and present price action to predict the probability of Dimed 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 Dimed SA's price. Additionally, you may evaluate how the addition of Dimed SA to your portfolios can decrease your overall portfolio volatility.