Carlsberg Brewery (Malaysia) Price on October 25, 2024
| 2836 Stock | 20.80 0.08 0.39% |
If you're considering investing in Carlsberg Stock, it is important to understand the factors that can impact its price. As of today, the current price of Carlsberg Brewery stands at 20.80, as last reported on the 28th of November, with the highest price reaching 20.80 and the lowest price hitting 20.64 during the day. As of now, Carlsberg Stock is very steady. Carlsberg Brewery secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Carlsberg Brewery Malaysia, which you can use to evaluate the volatility of the firm. Please confirm Carlsberg Brewery's Risk Adjusted Performance of 0.1121, downside deviation of 0.9864, and Mean Deviation of 0.7827 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
Carlsberg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Carlsberg |
Sharpe Ratio = 0.1427
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| Cash | 2836 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Carlsberg Brewery is performing at about 11% of its full potential. 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 Carlsberg Brewery by adding it to a well-diversified portfolio.
Carlsberg Brewery Valuation on October 25, 2024
It is possible to determine the worth of Carlsberg Brewery on a given historical date. On October 25, 2024 Carlsberg was worth 19.62 at the beginning of the trading date compared to the closed value of 19.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carlsberg Brewery stock. Still, in general, we apply an absolute valuation method to find Carlsberg Brewery'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 Carlsberg Brewery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carlsberg Brewery's related companies.
| Open | High | Low | Close | Volume | |
| 19.60 | 19.80 | 19.60 | 19.80 | 24,100 | |
10/25/2024 | 19.62 | 19.78 | 19.58 | 19.68 | 55,000 |
| 19.68 | 19.70 | 19.44 | 19.44 | 22,900 |
| Backtest Carlsberg Brewery | | | Carlsberg Brewery History | | | Carlsberg Brewery Valuation | Previous | Next |
Carlsberg Brewery Trading Date Momentum on October 25, 2024
| On October 28 2024 Carlsberg Brewery Malaysia was traded for 19.44 at the closing time. The highest price during the trading period was 19.70 and the lowest recorded bid was listed for 19.44 . The volume for the day was 22.9 K. This history from October 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.22% . The overall trading delta to the current price is 0.20% . |
Carlsberg Brewery Fundamentals Correlations and Trends
By evaluating Carlsberg Brewery'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 Carlsberg Brewery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Carlsberg financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Carlsberg Brewery Stock history
Carlsberg Brewery 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 Carlsberg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carlsberg Brewery 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 Carlsberg Brewery stock prices may prove useful in developing a viable investing in Carlsberg Brewery
Carlsberg Brewery Stock Technical Analysis
Carlsberg Brewery 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
Carlsberg Brewery Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Carlsberg Brewery Malaysia cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur Exchange. 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.
Carlsberg Brewery November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Carlsberg Brewery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carlsberg Brewery shares will generate the highest return on investment. By undertsting and applying Carlsberg Brewery stock market strength indicators, traders can identify Carlsberg Brewery Malaysia entry and exit signals to maximize returns
Carlsberg Brewery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Carlsberg Brewery's price direction in advance. Along with the technical and fundamental analysis of Carlsberg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Carlsberg 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 | 0.1121 | |||
| Jensen Alpha | 0.11 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0248 | |||
| Treynor Ratio | 0.541 |
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Other Information on Investing in Carlsberg Stock
Carlsberg Brewery financial ratios help investors to determine whether Carlsberg Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Carlsberg with respect to the benefits of owning Carlsberg Brewery security.