CBI (Korea) Price on August 7, 2024
013720 Stock | KRW 958.00 6.00 0.63% |
If you're considering investing in CBI Stock, it is important to understand the factors that can impact its price. As of today, the current price of CBI stands at 958.00, as last reported on the 4th of December, with the highest price reaching 1,084 and the lowest price hitting 901.00 during the day. CBI Co secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of return volatility over the last 3 months. CBI Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CBI's Standard Deviation of 2.24, variance of 5.04, and Mean Deviation of 1.42 to double-check the risk estimate we provide.
CBI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CBI |
Sharpe Ratio = -0.1417
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 013720 |
Estimated Market Risk
2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.3 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 CBI 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 CBI by adding CBI to a well-diversified portfolio.
CBI Valuation on August 7, 2024
It is possible to determine the worth of CBI on a given historical date. On August 7, 2024 CBI was worth 1130.0 at the beginning of the trading date compared to the closed value of 1184.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CBI stock. Still, in general, we apply an absolute valuation method to find CBI'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 CBI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CBI's related companies.
Open | High | Low | Close | Volume | |
1,102 | 1,195 | 1,090 | 1,130 | 317,539 | |
08/07/2024 | 1,130 | 1,260 | 1,120 | 1,184 | 281,105 |
1,137 | 1,183 | 1,115 | 1,158 | 196,263 |
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CBI Trading Date Momentum on August 7, 2024
On August 08 2024 CBI Co was traded for 1,158 at the closing time. The highest price during the trading period was 1,183 and the lowest recorded bid was listed for 1,115 . The volume for the day was 196.3 K. This history from August 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.20% . The overall trading delta to the current price is 5.49% . |
CBI Co Fundamentals Correlations and Trends
By evaluating CBI'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 CBI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CBI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CBI Stock history
CBI 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 CBI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CBI Co 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 CBI stock prices may prove useful in developing a viable investing in CBI
CBI Co., Ltd. manufactures and sells car parts in South Korea. CBI Co., Ltd. was founded in 1959 and is headquartered in Incheon, South Korea. CheongboInd is traded on Korean Securities Dealers Automated Quotations in South Korea.
CBI Stock Technical Analysis
CBI 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.
Price Boundaries
CBI Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
CBI Co cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
CBI December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how CBI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CBI shares will generate the highest return on investment. By undertsting and applying CBI stock market strength indicators, traders can identify CBI Co entry and exit signals to maximize returns
CBI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CBI's price direction in advance. Along with the technical and fundamental analysis of CBI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CBI 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.
Risk Adjusted Performance | (0.10) | |||
Jensen Alpha | (0.32) | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | 1.96 |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for CBI Stock analysis
When running CBI's price analysis, check to measure CBI'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 CBI is operating at the current time. Most of CBI's value examination focuses on studying past and present price action to predict the probability of CBI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CBI's price. Additionally, you may evaluate how the addition of CBI to your portfolios can decrease your overall portfolio volatility.
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