Corteva (Germany) Price on December 4, 2024
2X0 Stock | 56.47 0.49 0.88% |
If you're considering investing in Corteva Stock, it is important to understand the factors that can impact its price. As of today, the current price of Corteva stands at 56.47, as last reported on the 11th of December 2024, with the highest price reaching 56.47 and the lowest price hitting 56.15 during the day. Corteva appears to be very steady, given 3 months investment horizon. Corteva secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Corteva, which you can use to evaluate the volatility of the firm. Please makes use of Corteva's Risk Adjusted Performance of 0.0896, downside deviation of 1.5, and Mean Deviation of 1.27 to double-check if our risk estimates are consistent with your expectations.
Corteva Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Corteva |
Sharpe Ratio = 0.1175
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Estimated Market Risk
1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Corteva is performing at about 9% 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 Corteva by adding it to a well-diversified portfolio.
Corteva Valuation on December 4, 2024
It is possible to determine the worth of Corteva on a given historical date. On December 4, 2024 Corteva was worth 58.68 at the beginning of the trading date compared to the closed value of 58.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Corteva stock. Still, in general, we apply an absolute valuation method to find Corteva'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 Corteva where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Corteva's related companies.
Open | High | Low | Close | Volume | |
58.83 | 58.96 | 58.83 | 58.88 | 1.00 | |
12/04/2024 | 58.68 | 59.55 | 58.12 | 58.12 | 130.00 |
57.74 | 57.74 | 57.42 | 57.42 | 1.00 |
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Corteva Trading Date Momentum on December 4, 2024
On December 05 2024 Corteva was traded for 57.42 at the closing time. The highest price during the trading period was 57.74 and the lowest recorded bid was listed for 57.42 . There was no trading activity during the period 1.0. Lack of trading volume on December 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.20% . The overall trading delta to the current price is 3.39% . |
Corteva Fundamentals Correlations and Trends
By evaluating Corteva'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 Corteva's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Corteva financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Corteva Stock history
Corteva 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 Corteva is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Corteva 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 Corteva stock prices may prove useful in developing a viable investing in Corteva
Corteva Stock Technical Analysis
Corteva 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
Corteva Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Corteva cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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.
Corteva December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Corteva stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Corteva shares will generate the highest return on investment. By undertsting and applying Corteva stock market strength indicators, traders can identify Corteva entry and exit signals to maximize returns
Corteva Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Corteva's price direction in advance. Along with the technical and fundamental analysis of Corteva Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Corteva 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 | 0.0896 | |||
Jensen Alpha | 0.2469 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | 0.0505 | |||
Treynor Ratio | (0.39) |
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Volume Indicators |
Additional Tools for Corteva Stock Analysis
When running Corteva's price analysis, check to measure Corteva'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 Corteva is operating at the current time. Most of Corteva's value examination focuses on studying past and present price action to predict the probability of Corteva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corteva's price. Additionally, you may evaluate how the addition of Corteva to your portfolios can decrease your overall portfolio volatility.