Tim Participacoes Sa Stock Price on May 12, 2024

TIMB Stock  USD 15.63  0.14  0.90%   
If you're considering investing in TIM Stock, it is important to understand the factors that can impact its price. As of today, the current price of TIM Participacoes stands at 15.63, as last reported on the 6th of June, with the highest price reaching 15.74 and the lowest price hitting 15.53 during the day. TIM Participacoes owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of standard deviation over the last 3 months. TIM Participacoes SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TIM Participacoes' risk adjusted performance of (0.08), and Variance of 2.81 to confirm the risk estimate we provide.
  
TIM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1428

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Estimated Market Risk

 1.68
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.24
  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 TIM Participacoes 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 TIM Participacoes by adding TIM Participacoes to a well-diversified portfolio.

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TIM Participacoes Valuation on May 12, 2024

It is possible to determine the worth of TIM Participacoes on a given historical date. On May 12, 2024 TIM was worth 16.48 at the beginning of the trading date compared to the closed value of 16.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TIM Participacoes stock. Still, in general, we apply an absolute valuation method to find TIM Participacoes' 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 TIM Participacoes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TIM Participacoes' related companies.
 Open High Low Close Volume
  16.76    16.76    16.19    16.39    631,548  
05/10/2024
  16.48    16.53    16.21    16.23    359,944  
  16.31    16.55    16.26    16.30    499,397  
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Open Value
16.48
16.23
Closing Value
21.51
Upside

TIM Participacoes Trading Date Momentum on May 12, 2024

On May 13 2024 TIM Participacoes SA was traded for  16.30  at the closing time. The top price for the day was 16.55  and the lowest listed price was  16.26 . The trading volume for the day was 499.4 K. The trading history from May 13, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.43% . The trading price change against the current closing price is 3.39% .

TIM Participacoes Fundamentals Correlations and Trends

By evaluating TIM Participacoes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TIM Participacoes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TIM financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About TIM Participacoes Stock history

TIM Participacoes 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 TIM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TIM Participacoes 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 TIM Participacoes stock prices may prove useful in developing a viable investing in TIM Participacoes
TIM S.A., a telecommunications company, provides mobile voice and data services, broadband internet access, value-added services, and other telecommunications services and products in Brazil. TIM S.A. is a subsidiary of TIM Brasil Servios e Participaes S.A. Tim SA operates under Telecom Services classification in the United States and is traded on New York Stock Exchange. It employs 9156 people.

TIM Participacoes Stock Technical Analysis

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

TIM Participacoes Period Price Range

Low
May 10, 2024
-0.25  -1.52%
High

 16.48 

     

 16.23 

TIM Participacoes June 6, 2024 Market Strength

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

TIM Participacoes Technical and Predictive Indicators

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

Complementary Tools for TIM Stock analysis

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