Mxima Renda (Brazil) Fund
| CARE11 Fund | BRL 1.80 0.04 2.17% |
Performance5 of 100
| Odds Of DistressLess than 22
|
Mxima Renda is trading at 1.80 as of the 4th of May 2024, a -2.17 percent decrease since the beginning of the trading day. The fund's open price was 1.84. Mxima Renda has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Mxima Renda Corporativa are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of May 2022 and ending today, the 4th of May 2024. Click here to learn more.
Maxima Renda Corporativa Fundo Invest Imobiliario-Cotas Fund specializes in real estate investments. Mxi Renda is traded on Sao Paolo Stock Exchange in Brazil. The company has 134.76 M outstanding shares. More on Mxima Renda Corporativa
Mxima Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mxima Renda's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mxima Renda or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Commodities Funds (View all Themes) |
| Fund Concentration | Commodities Funds, REIT - Retail, Real Estate (View all Sectors) |
| Next Fiscal Year End | December 31, 2016 |
| Last Fiscal Year End | December 31, 2014 |
Mxima Renda Corporativa [CARE11] is traded in Brazil and was established 4th of May 2024. The fund is not filed under any group at this time. The fund currently has accumulated in assets under management (AUM) with no minimum investment requirements
Mxima Renda generates positive cash flow from operations, but has no cash available
Check Mxima Renda Probability Of Bankruptcy
Mxima Renda Target Price Odds Analysis
What are Mxima Renda's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Mxima Renda jumping above the current price in 90 days from now is about 99.0%. The Mxima Renda Corporativa probability density function shows the probability of Mxima Renda fund to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Mxima Renda has a beta of 0.3454 suggesting as returns on the market go up, Mxima Renda average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mxima Renda Corporativa will be expected to be much smaller as well. Additionally, mxima Renda Corporativa has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Mxima Renda to move above the current price in 90 days from now is about 99.0 (This Mxima Renda Corporativa probability density function shows the probability of Mxima Fund to fall within a particular range of prices over 90 days) .
Mxima Renda Corporativa Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mxima Renda market risk premium is the additional return an investor will receive from holding Mxima Renda long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mxima Renda. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Mxima Renda's alpha and beta are two of the key measurements used to evaluate Mxima Renda's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.05 | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.69 | |||
| Risk Adjusted Performance | (0.32) |
Mxima Renda Against Markets
Picking the right benchmark for Mxima Renda fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mxima Renda fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mxima Renda is critical whether you are bullish or bearish towards Mxima Renda Corporativa at a given time. Please also check how Mxima Renda's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Mxima Renda without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Mxima Fund?
Before investing in Mxima Renda, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mxima Renda. To buy Mxima Renda fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mxima Renda. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Mxima Renda fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Mxima Renda Corporativa fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Mxima Renda Corporativa fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Mxima Renda Corporativa, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Mxima Renda Corporativa?
The danger of trading Mxima Renda Corporativa is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mxima Renda is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mxima Renda. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mxima Renda Corporativa is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mxima Renda Corporativa. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.