Raia Drogasil (Brazil) Price on November 20, 2024
RADL3 Stock | BRL 24.66 0.54 2.14% |
If you're considering investing in Raia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Raia Drogasil stands at 24.66, as last reported on the 13th of December 2024, with the highest price reaching 25.26 and the lowest price hitting 24.46 during the day. Raia Drogasil SA maintains Sharpe Ratio (i.e., Efficiency) of -0.0739, which implies the firm had a -0.0739% return per unit of risk over the last 3 months. Raia Drogasil SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Raia Drogasil's Variance of 2.53, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,317) to confirm the risk estimate we provide.
Raia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Raia |
Sharpe Ratio = -0.0739
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Estimated Market Risk
1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Raia Drogasil 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 Raia Drogasil by adding Raia Drogasil to a well-diversified portfolio.
Raia Drogasil Valuation on November 20, 2024
It is possible to determine the worth of Raia Drogasil on a given historical date. On November 20, 2024 Raia was worth 25.5 at the beginning of the trading date compared to the closed value of 25.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Raia Drogasil stock. Still, in general, we apply an absolute valuation method to find Raia Drogasil'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 Raia Drogasil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Raia Drogasil's related companies.
Open | High | Low | Close | Volume | |
25.09 | 25.85 | 25.08 | 25.61 | 4,866,200 | |
11/19/2024 | 25.50 | 26.09 | 25.35 | 25.70 | 3,240,100 |
25.42 | 25.51 | 25.14 | 25.29 | 5,845,300 |
Backtest Raia Drogasil | | | Raia Drogasil History | | | Raia Drogasil Valuation | Previous | Next |
Raia Drogasil Trading Date Momentum on November 20, 2024
On November 21 2024 Raia Drogasil SA was traded for 25.29 at the closing time. The highest price during the trading period was 25.51 and the lowest recorded bid was listed for 25.14 . The volume for the day was 5.8 M. This history from November 21, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.60% . The trading delta at closing time to the current price is 4.94% . |
Raia Drogasil SA Fundamentals Correlations and Trends
By evaluating Raia Drogasil'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 Raia Drogasil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Raia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Raia Drogasil Stock history
Raia Drogasil 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 Raia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Raia Drogasil 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 Raia Drogasil stock prices may prove useful in developing a viable investing in Raia Drogasil
Raia Drogasil S.A. engages in the retail sale of medicines, perfumery, personal care and beauty products, cosmetics, dermocosmetics, and specialty medicines in Brazil. The company was founded in 1905 and is headquartered in So Paulo, Brazil. RAIADROGASILON operates under Pharmaceutical Retailers classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 50320 people.
Raia Drogasil Stock Technical Analysis
Raia Drogasil 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
Raia Drogasil Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Raia Drogasil 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.
Raia Drogasil December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Raia Drogasil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Raia Drogasil shares will generate the highest return on investment. By undertsting and applying Raia Drogasil stock market strength indicators, traders can identify Raia Drogasil SA entry and exit signals to maximize returns
Raia Drogasil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Raia Drogasil's price direction in advance. Along with the technical and fundamental analysis of Raia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Raia 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 | (0.05) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (0.39) |
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Additional Tools for Raia Stock Analysis
When running Raia Drogasil's price analysis, check to measure Raia Drogasil'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 Raia Drogasil is operating at the current time. Most of Raia Drogasil's value examination focuses on studying past and present price action to predict the probability of Raia Drogasil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raia Drogasil's price. Additionally, you may evaluate how the addition of Raia Drogasil to your portfolios can decrease your overall portfolio volatility.