Paranapanema (Brazil) Price History

PMAM3 Stock  BRL 0.99  0.02  1.98%   
If you're considering investing in Paranapanema Stock, it is important to understand the factors that can impact its price. As of today, the current price of Paranapanema stands at 0.99, as last reported on the 2nd of December, with the highest price reaching 1.05 and the lowest price hitting 0.99 during the day. Paranapanema SA maintains Sharpe Ratio (i.e., Efficiency) of -0.19, which implies the firm had a -0.19% return per unit of risk over the last 3 months. Paranapanema SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Paranapanema's Coefficient Of Variation of (459.53), risk adjusted performance of (0.16), and Variance of 18.84 to confirm the risk estimate we provide.
  
Paranapanema Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1916

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Estimated Market Risk

 4.43
  actual daily
39
61% of assets are more volatile

Expected Return

 -0.85
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average Paranapanema 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 Paranapanema by adding Paranapanema to a well-diversified portfolio.

Paranapanema Stock Price History Chart

There are several ways to analyze Paranapanema Stock price data. The simplest method is using a basic Paranapanema candlestick price chart, which shows Paranapanema price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 24, 20241.84
Lowest PriceOctober 29, 20240.91

Paranapanema December 2, 2024 Stock Price Synopsis

Various analyses of Paranapanema's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Paranapanema Stock. It can be used to describe the percentage change in the price of Paranapanema from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Paranapanema Stock.
Paranapanema Price Daily Balance Of Power(0.33)
Paranapanema Price Rate Of Daily Change 0.98 
Paranapanema Price Action Indicator(0.04)

Paranapanema December 2, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Paranapanema Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Paranapanema intraday prices and daily technical indicators to check the level of noise trading in Paranapanema Stock and then apply it to test your longer-term investment strategies against Paranapanema.

Paranapanema Stock Price History Data

The price series of Paranapanema for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 1.06 with a coefficient of variation of 24.42. The price distribution for the period has arithmetic mean of 1.38. The median price for the last 90 days is 1.32. The company completed stock split (1:17) on 2nd of May 2019. Paranapanema SA had dividends distributed to its stock-holders on 2016-05-02.
OpenHighLowCloseVolume
12/02/2024
 1.03  1.05  0.99  0.99 
11/29/2024 1.03  1.05  0.99  0.99  144,800 
11/28/2024 1.01  1.04  1.00  1.01  56,300 
11/27/2024 1.03  1.04  1.00  1.04  151,600 
11/26/2024 1.02  1.02  0.95  1.01  275,900 
11/25/2024 1.03  1.04  0.93  1.01  724,100 
11/22/2024 1.05  1.06  1.01  1.01  83,700 
11/21/2024 1.02  1.05  1.01  1.03  101,300 
11/19/2024 1.04  1.06  1.01  1.01  120,200 
11/18/2024 1.11  1.11  1.00  1.02  182,000 
11/14/2024 1.09  1.10  1.05  1.08  97,300 
11/13/2024 1.09  1.10  1.05  1.09  56,100 
11/12/2024 1.07  1.11  1.05  1.07  515,700 
11/11/2024 1.05  1.15  1.04  1.05  536,800 
11/08/2024 1.01  1.06  0.97  1.05  268,500 
11/07/2024 1.01  1.07  1.00  1.01  275,200 
11/06/2024 0.97  1.10  0.95  1.00  555,900 
11/05/2024 1.08  1.08  0.94  0.97  881,200 
11/04/2024 1.09  1.15  1.05  1.06  401,100 
11/01/2024 0.99  1.11  0.92  1.09  658,300 
10/31/2024 1.00  1.05  0.96  0.97  430,900 
10/30/2024 0.93  1.27  0.92  1.03  1,468,300 
10/29/2024 1.07  1.08  0.88  0.91  708,100 
10/28/2024 1.10  1.14  1.03  1.05  240,900 
10/25/2024 1.20  1.20  1.09  1.09  224,800 
10/24/2024 1.10  1.20  1.08  1.17  180,300 
10/23/2024 1.20  1.20  1.07  1.07  430,300 
10/22/2024 1.18  1.20  1.17  1.20  72,700 
10/21/2024 1.24  1.24  1.16  1.18  202,400 
10/18/2024 1.27  1.28  1.23  1.24  35,800 
10/17/2024 1.27  1.29  1.22  1.27  152,400 
10/16/2024 1.28  1.30  1.25  1.29  129,800 
10/15/2024 1.32  1.34  1.24  1.25  194,000 
10/14/2024 1.35  1.37  1.30  1.31  145,500 
10/11/2024 1.38  1.38  1.33  1.37  32,900 
10/10/2024 1.34  1.37  1.32  1.37  64,000 
10/09/2024 1.35  1.35  1.30  1.32  66,800 
10/08/2024 1.39  1.40  1.35  1.35  177,000 
10/07/2024 1.39  1.48  1.38  1.40  126,700 
10/04/2024 1.47  1.47  1.37  1.38  124,100 
10/03/2024 1.53  1.53  1.43  1.45  128,300 
10/02/2024 1.59  1.59  1.50  1.53  92,100 
10/01/2024 1.62  1.62  1.57  1.57  71,200 
09/30/2024 1.66  1.66  1.57  1.60  4,440,600 
09/27/2024 1.68  1.74  1.56  1.63  198,800 
09/26/2024 1.77  1.77  1.69  1.74  259,900 
09/25/2024 1.81  1.84  1.73  1.77  149,800 
09/24/2024 1.80  1.89  1.77  1.84  109,300 
09/23/2024 1.81  1.81  1.74  1.80  15,900 
09/20/2024 1.77  1.82  1.74  1.82  17,800 
09/19/2024 1.77  1.82  1.75  1.77  26,400 
09/18/2024 1.82  1.84  1.79  1.82  21,700 
09/17/2024 1.78  1.81  1.75  1.81  31,000 
09/16/2024 1.77  1.77  1.72  1.76  12,900 
09/13/2024 1.77  1.77  1.72  1.76  43,400 
09/12/2024 1.72  1.75  1.70  1.75  22,500 
09/11/2024 1.71  1.77  1.70  1.72  46,900 
09/10/2024 1.75  1.76  1.70  1.72  91,500 
09/09/2024 1.76  1.78  1.73  1.75  71,500 
09/06/2024 1.78  1.81  1.75  1.76  75,300 
09/05/2024 1.79  1.80  1.77  1.80  58,800 

About Paranapanema Stock history

Paranapanema 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 Paranapanema is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Paranapanema 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 Paranapanema stock prices may prove useful in developing a viable investing in Paranapanema
Paranapanema S.A. produces and sells electrolytic refined copper, its by-products, and related services in Brazil and internationally. Paranapanema S.A. was founded in 1961 and is headquartered in Dias Dvila, Brazil. PARANAPANEMAON operates under Copper classification in Brazil and is traded on Sao Paolo Stock Exchange.

Paranapanema Stock Technical Analysis

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

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Paranapanema Technical and Predictive Indicators

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

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