Pedra Dourada (Brazil) Profile
| OULG11B Etf | BRL 29.30 0.05 0.17% |
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Pedra Dourada is trading at 29.30 as of the 18th of April 2024, a 0.17 percent increase since the beginning of the trading day. The etf's open price was 29.25. Pedra Dourada has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Pedra Dourada Fundo are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 18th of April 2024. Click here to learn more.
Pedra Dourada Fundo Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pedra Dourada market risk premium is the additional return an investor will receive from holding Pedra Dourada 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 Pedra Dourada. 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 Pedra Dourada's alpha and beta are two of the key measurements used to evaluate Pedra Dourada's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.633 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.04 | |||
| Risk Adjusted Performance | (0.08) |
Pedra Dourada Fundo Technical Analysis
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The output start index for this execution was zero with a total number of output elements of sixty-one. Pedra Dourada Fundo Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Pedra Dourada price patterns.
Pedra Dourada Against Markets
Picking the right benchmark for Pedra Dourada etf 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 Pedra Dourada etf 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 Pedra Dourada is critical whether you are bullish or bearish towards Pedra Dourada Fundo at a given time. Please also check how Pedra Dourada'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 Pedra Dourada 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 Pedra Etf?
Before investing in Pedra Dourada, 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 Pedra Dourada. To buy Pedra Dourada etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pedra Dourada. 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 Pedra Dourada etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Pedra Dourada Fundo etf 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 Pedra Dourada Fundo etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Pedra Dourada Fundo, 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 etf 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 Pedra Dourada Fundo?
The danger of trading Pedra Dourada Fundo is mainly related to its market volatility and ETF 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 Pedra Dourada 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 Pedra Dourada. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pedra Dourada Fundo 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pedra Dourada Fundo. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Please note, there is a significant difference between Pedra Dourada's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pedra Dourada is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pedra Dourada's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.