Carbios (France) Price on June 29, 2023
ALCRB Stock | EUR 5.98 0.14 2.29% |
If you're considering investing in Carbios Stock, it is important to understand the factors that can impact its price. As of today, the current price of Carbios stands at 5.98, as last reported on the 29th of November, with the highest price reaching 6.57 and the lowest price hitting 5.86 during the day. Carbios secures Sharpe Ratio (or Efficiency) of -0.37, which signifies that the company had a -0.37% return per unit of risk over the last 3 months. Carbios exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carbios' Standard Deviation of 4.72, risk adjusted performance of (0.27), and Mean Deviation of 3.47 to double-check the risk estimate we provide.
Carbios Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Carbios |
Sharpe Ratio = -0.3702
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Estimated Market Risk
4.75 actual daily | 42 58% of assets are more volatile |
Expected Return
-1.76 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.37 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Carbios 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 Carbios by adding Carbios to a well-diversified portfolio.
Carbios Valuation on June 29, 2023
It is possible to determine the worth of Carbios on a given historical date. On June 29, 2023 Carbios was worth 31.85 at the beginning of the trading date compared to the closed value of 32.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carbios stock. Still, in general, we apply an absolute valuation method to find Carbios' 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 Carbios where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carbios' related companies.
Open | High | Low | Close | Volume | |
30.95 | 31.80 | 29.85 | 31.55 | 51,299 | |
06/29/2023 | 31.85 | 33.00 | 30.90 | 32.90 | 30,101 |
33.50 | 35.55 | 33.15 | 35.00 | 48,214 |
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Carbios Trading Date Momentum on June 29, 2023
On June 30 2023 Carbios was traded for 35.00 at the closing time. The highest price during the trading period was 35.55 and the lowest recorded bid was listed for 33.15 . The volume for the day was 48.2 K. This history from June 30, 2023 contributed to the next trading day price gain. The overall trading delta to the next closing price was 6.38% . The overall trading delta to the current price is 2.28% . |
Carbios Fundamentals Correlations and Trends
By evaluating Carbios' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Carbios' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Carbios financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Carbios Stock history
Carbios 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 Carbios is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carbios 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 Carbios stock prices may prove useful in developing a viable investing in Carbios
Carbios SAS, a green chemistry company, develops industrial bioprocesses for the biodegradation and bio recycling of polymers. The company was founded in 2011 and is headquartered in Saint-Beauzire, France. CARBIOS operates under Specialty Chemicals classification in France and is traded on Paris Stock Exchange. It employs 20 people.
Carbios Stock Technical Analysis
Carbios 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
Carbios Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Carbios cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Carbios November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Carbios stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carbios shares will generate the highest return on investment. By undertsting and applying Carbios stock market strength indicators, traders can identify Carbios entry and exit signals to maximize returns
Carbios Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Carbios' price direction in advance. Along with the technical and fundamental analysis of Carbios Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Carbios 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 | (0.27) | |||
Jensen Alpha | (1.64) | |||
Total Risk Alpha | (2.44) | |||
Treynor Ratio | 2.26 |
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Additional Tools for Carbios Stock Analysis
When running Carbios' price analysis, check to measure Carbios' 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 Carbios is operating at the current time. Most of Carbios' value examination focuses on studying past and present price action to predict the probability of Carbios' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carbios' price. Additionally, you may evaluate how the addition of Carbios to your portfolios can decrease your overall portfolio volatility.