CBI (Korea) Price on November 27, 2023

013720 Stock  KRW 864.00  6.00  0.70%   
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 864.00, as last reported on the 1st of December, with the highest price reaching 898.00 and the lowest price hitting 836.00 during the day. CBI Co secures Sharpe Ratio (or Efficiency) of -0.31, which signifies that the company had a -0.31% return per unit of return volatility over the last 3 months. CBI Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CBI's Variance of 3.33, mean deviation of 1.32, and Standard Deviation of 1.83 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.

Sharpe Ratio = -0.3088

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Estimated Market Risk

 1.67
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.52
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.31
  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 November 27, 2023

It is possible to determine the worth of CBI on a given historical date. On November 27, 2023 CBI was worth 2145.0 at the beginning of the trading date compared to the closed value of 1990.0. 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
  1,862    2,100    1,862    2,080    1,436,839  
11/27/2023
  2,145    2,285    1,990    1,990    1,231,236  
  1,993    2,100    1,973    2,025    482,293  
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Open Value
2145.0
1990.0
Closing Value
2,150
Upside

CBI Trading Date Momentum on November 27, 2023

On November 28 2023 CBI Co was traded for  2,025  at the closing time. The highest price during the trading period was 2,100  and the lowest recorded bid was listed for  1,973 . The volume for the day was 482.3 K. This history from November 28, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.76% . The overall trading delta to the current price is 0.50% .

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

CBI Period Price Range

Low
December 1, 2024
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High

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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 1, 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.

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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