Txtil Renauxview (Brazil) Price on October 9, 2024

TXRX4 Preferred Stock  BRL 2.10  0.02  0.94%   
If you're considering investing in Txtil Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Txtil Renauxview stands at 2.10, as last reported on the 23rd of December, with the highest price reaching 2.20 and the lowest price hitting 2.10 during the day. Txtil Renauxview owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0882, which indicates the firm had a -0.0882% return per unit of risk over the last 3 months. Txtil Renauxview SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Txtil Renauxview's Variance of 3.59, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,671) to confirm the risk estimate we provide.
  
Txtil Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0882

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Estimated Market Risk

 1.9
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Txtil Renauxview 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 Txtil Renauxview by adding Txtil Renauxview to a well-diversified portfolio.

Txtil Renauxview Valuation on October 9, 2024

It is possible to determine the worth of Txtil Renauxview on a given historical date. On October 9, 2024 Txtil was worth 2.26 at the beginning of the trading date compared to the closed value of 2.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Txtil Renauxview preferred stock. Still, in general, we apply an absolute valuation method to find Txtil Renauxview'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 Txtil Renauxview where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Txtil Renauxview's related companies.
 Open High Low Close Volume
  2.33    2.33    2.33    2.33    200.00  
10/09/2024
  2.26    2.26    2.26    2.26    100.00  
  2.26    2.26    2.25    2.25    500.00  
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Open Value
2.26
2.26
Closing Value
7.95
Upside

Txtil Renauxview Trading Date Momentum on October 9, 2024

On October 10 2024 Txtil Renauxview SA was traded for  2.25  at the closing time. The highest price during the trading period was 2.26  and the lowest recorded bid was listed for  2.25 . The volume for the day was 500. This history from October 10, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.44% . The trading price change to the current price is 0.00% .

Txtil Renauxview Fundamentals Correlations and Trends

By evaluating Txtil Renauxview'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 Txtil Renauxview's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Txtil financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Txtil Renauxview Preferred Stock history

Txtil Renauxview 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 Txtil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Txtil Renauxview 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 Txtil Renauxview stock prices may prove useful in developing a viable investing in Txtil Renauxview
Txtil Renauxview S.A. designs, produces, and sells fabrics and yarns in Brazil. The company was founded in 1892 and is headquartered in Brusque, Brazil. TEX RENAUX operates under Textile Manufacturing classification in Brazil and is traded on Sao Paolo Stock Exchange.

Txtil Renauxview Preferred Stock Technical Analysis

Txtil Renauxview technical preferred 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, preferred stock market cycles, or different charting patterns.
A focus of Txtil Renauxview technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Txtil Renauxview 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

Txtil Renauxview Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Txtil Renauxview 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.

Txtil Renauxview December 23, 2024 Market Strength

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

Txtil Renauxview Technical and Predictive Indicators

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

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