Caixabank (Spain) Price on October 31, 2024
CABK Stock | EUR 5.15 0.07 1.38% |
If you're considering investing in Caixabank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Caixabank stands at 5.15, as last reported on the 29th of November, with the highest price reaching 5.18 and the lowest price hitting 5.05 during the day. Caixabank SA secures Sharpe Ratio (or Efficiency) of -0.0173, which signifies that the company had a -0.0173% return per unit of risk over the last 3 months. Caixabank SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Caixabank's Standard Deviation of 1.88, mean deviation of 1.45, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Caixabank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Caixabank |
Sharpe Ratio = -0.0173
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Estimated Market Risk
1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Caixabank 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 Caixabank by adding Caixabank to a well-diversified portfolio.
Caixabank Valuation on October 31, 2024
It is possible to determine the worth of Caixabank on a given historical date. On October 31, 2024 Caixabank was worth 5.41 at the beginning of the trading date compared to the closed value of 5.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Caixabank stock. Still, in general, we apply an absolute valuation method to find Caixabank'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 Caixabank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Caixabank's related companies.
Open | High | Low | Close | Volume | |
5.30 | 5.42 | 5.30 | 5.41 | 8,751,836 | |
10/31/2024 | 5.41 | 5.50 | 5.32 | 5.47 | 24,709,949 |
5.47 | 5.62 | 5.47 | 5.57 | 22,462,449 |
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Caixabank Trading Date Momentum on October 31, 2024
On November 01 2024 Caixabank SA was traded for 5.57 at the closing time. The highest price during the trading period was 5.62 and the lowest recorded bid was listed for 5.47 . The volume for the day was 22.5 M. This history from November 1, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.83% . The overall trading delta to the current price is 1.46% . |
Caixabank SA Fundamentals Correlations and Trends
By evaluating Caixabank'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 Caixabank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Caixabank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Caixabank Stock history
Caixabank 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 Caixabank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Caixabank SA 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 Caixabank stock prices may prove useful in developing a viable investing in Caixabank
CaixaBank, S.A., together with its subsidiaries, provides banking and financial products and services in Spain and internationally. CaixaBank, S.A. was founded in 1904 and is based in Valencia, Spain. CAIXABANK operates under Banking classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 51227 people.
Caixabank Stock Technical Analysis
Caixabank 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
Caixabank Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Caixabank SA cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Caixabank November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Caixabank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Caixabank shares will generate the highest return on investment. By undertsting and applying Caixabank stock market strength indicators, traders can identify Caixabank SA entry and exit signals to maximize returns
Caixabank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Caixabank's price direction in advance. Along with the technical and fundamental analysis of Caixabank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Caixabank 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 | (0.01) | |||
Jensen Alpha | 0.0102 | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | 0.1029 |
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Volume Indicators |
Complementary Tools for Caixabank Stock analysis
When running Caixabank's price analysis, check to measure Caixabank'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 Caixabank is operating at the current time. Most of Caixabank's value examination focuses on studying past and present price action to predict the probability of Caixabank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caixabank's price. Additionally, you may evaluate how the addition of Caixabank to your portfolios can decrease your overall portfolio volatility.
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