Corpovael SAB (Mexico) Price on October 17, 2024
| CADUA Stock | MXN 3.50 0.09 2.64% |
If you're considering investing in Corpovael Stock, it is important to understand the factors that can impact its price. As of today, the current price of Corpovael SAB stands at 3.50, as last reported on the 29th of November, with the highest price reaching 3.50 and the lowest price hitting 3.50 during the day. Corpovael SAB de secures Sharpe Ratio (or Efficiency) of -0.006, which signifies that the company had a -0.006% return per unit of risk over the last 3 months. Corpovael SAB de exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Corpovael SAB's insignificant Risk Adjusted Performance, mean deviation of 0.76, and Standard Deviation of 1.59 to double-check the risk estimate we provide.
Corpovael Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Corpovael |
Sharpe Ratio = -0.006
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Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Corpovael SAB 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 Corpovael SAB by adding Corpovael SAB to a well-diversified portfolio.
Corpovael SAB Valuation on October 17, 2024
It is possible to determine the worth of Corpovael SAB on a given historical date. On October 17, 2024 Corpovael was worth 3.59 at the beginning of the trading date compared to the closed value of 3.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Corpovael SAB stock. Still, in general, we apply an absolute valuation method to find Corpovael SAB'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 Corpovael SAB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Corpovael SAB's related companies.
| Open | High | Low | Close | Volume | |
| 3.50 | 3.59 | 3.50 | 3.59 | 7,194 | |
10/17/2024 | 3.59 | 3.60 | 3.54 | 3.60 | 79,464 |
| 3.60 | 3.60 | 3.50 | 3.50 | 14,644 |
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Corpovael SAB Trading Date Momentum on October 17, 2024
| On October 18 2024 Corpovael SAB de was traded for 3.50 at the closing time. The highest price during the trading period was 3.60 and the lowest recorded bid was listed for 3.50 . The volume for the day was 14.6 K. This history from October 18, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.78% . The overall trading delta to the current price is 2.78% . |
Corpovael SAB de Fundamentals Correlations and Trends
By evaluating Corpovael SAB'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 Corpovael SAB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Corpovael financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Corpovael SAB Stock history
Corpovael SAB 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 Corpovael is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Corpovael SAB de 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 Corpovael SAB stock prices may prove useful in developing a viable investing in Corpovael SAB
Corpovael SAB Stock Technical Analysis
Corpovael SAB 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
Corpovael SAB Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Corpovael SAB de cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican 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.
Corpovael SAB November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Corpovael SAB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Corpovael SAB shares will generate the highest return on investment. By undertsting and applying Corpovael SAB stock market strength indicators, traders can identify Corpovael SAB de entry and exit signals to maximize returns
Corpovael SAB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Corpovael SAB's price direction in advance. Along with the technical and fundamental analysis of Corpovael Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Corpovael 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) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.68) |
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Other Information on Investing in Corpovael Stock
Corpovael SAB financial ratios help investors to determine whether Corpovael 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 Corpovael with respect to the benefits of owning Corpovael SAB security.