Companhia Brasileira De Price on April 4, 2024

If you're considering investing in Companhia Stock, it is important to understand the factors that can impact its price. Companhia Brasileira secures Sharpe Ratio (or Efficiency) of -0.26, which signifies that the company had a -0.26% return per unit of risk over the last 3 months. Companhia Brasileira De exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Companhia Brasileira's Risk Adjusted Performance of (0.12), mean deviation of 3.11, and Standard Deviation of 4.16 to double-check the risk estimate we provide.
  
Companhia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2594

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsCBD

Estimated Market Risk

 19.28
  actual daily
96
96% of assets are less volatile

Expected Return

 -5.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.26
  actual daily
0
Most of other assets perform better
Based on monthly moving average Companhia Brasileira 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 Companhia Brasileira by adding Companhia Brasileira to a well-diversified portfolio.

Companhia Brasileira Valuation on April 4, 2024

It is possible to determine the worth of Companhia Brasileira on a given historical date. On April 4, 2024 Companhia was worth 0.58 at the beginning of the trading date compared to the closed value of 0.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Companhia Brasileira stock. Still, in general, we apply an absolute valuation method to find Companhia Brasileira'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 Companhia Brasileira where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Companhia Brasileira's related companies.
 Open High Low Close Volume
  0.58    0.59    0.56    0.57    344,804  
04/04/2024
  0.58    0.60    0.55    0.56    160,860  
  0.55    0.56    0.52    0.52    804,433  
Backtest Companhia Brasileira  |  Companhia Brasileira History  |  Companhia Brasileira Valuation   PreviousNext  
Open Value
0.58
0.56
Closing Value
58.42
Upside

Companhia Brasileira Trading Date Momentum on April 4, 2024

On April 05 2024 Companhia Brasileira De was traded for  0.52  at the closing time. Highest Companhia Brasileira's price during the trading hours was 0.56  and the lowest price during the day was  0.52 . The net volume was 804.4 K. The overall trading history on the 5th of April contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 7.14% . The overall trading delta to current price is 8.93% .

Companhia Brasileira Fundamentals Correlations and Trends

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

About Companhia Brasileira Stock history

Companhia Brasileira 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 Companhia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Companhia Brasileira 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 Companhia Brasileira stock prices may prove useful in developing a viable investing in Companhia Brasileira
Companhia Brasileira de Distribuio engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of supermarkets, specialized stores, and department stores in Brazil. Companhia Brasileira de Distribuio operates as a subsidiary of Casino, Guichard-Perrachon S.A. Companhia Brasileira is traded on New York Stock Exchange in the United States.

Companhia Brasileira Stock Technical Analysis

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

Companhia Brasileira Period Price Range

Low
April 4, 2024
-0.02  -3.45%
High

 0.58 

     

 0.56 

Companhia Brasileira June 12, 2024 Market Strength

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

Companhia Brasileira Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Companhia Brasileira's price direction in advance. Along with the technical and fundamental analysis of Companhia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Companhia 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Other Consideration for investing in Companhia Stock

If you are still planning to invest in Companhia Brasileira check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Companhia Brasileira's history and understand the potential risks before investing.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Equity Valuation
Check real value of public entities based on technical and fundamental data
Bonds Directory
Find actively traded corporate debentures issued by US companies