Commonwealth Bank (Australia) Price on November 22, 2024
| CBAPM Stock | 105.80 0.16 0.15% |
If you're considering investing in Commonwealth Stock, it is important to understand the factors that can impact its price. As of today, the current price of Commonwealth Bank stands at 105.80, as last reported on the 30th of November, with the highest price reaching 105.80 and the lowest price hitting 105.12 during the day. At this point, Commonwealth Bank is very steady. Commonwealth Bank secures Sharpe Ratio (or Efficiency) of 0.0639, which signifies that the company had a 0.0639% return per unit of risk over the last 3 months. We have found thirty technical indicators for Commonwealth Bank of, which you can use to evaluate the volatility of the firm. Please confirm Commonwealth Bank's Risk Adjusted Performance of 0.0333, mean deviation of 0.2987, and Downside Deviation of 0.4879 to double-check if the risk estimate we provide is consistent with the expected return of 0.0284%.
As of November 30, 2024, Total Stockholder Equity is expected to decline to about 59.1 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 1.4 B. Commonwealth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Commonwealth |
Sharpe Ratio = 0.0639
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| Negative Returns | CBAPM |
Estimated Market Risk
| 0.44 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Commonwealth Bank is performing at about 5% 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 Commonwealth Bank by adding it to a well-diversified portfolio.
Enterprise Value 356.1 B | Shares Float 1.7 B | Revenue Per Share 15.557 |
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Commonwealth Bank Valuation on November 22, 2024
It is possible to determine the worth of Commonwealth Bank on a given historical date. On November 22, 2024 Commonwealth was worth 105.38 at the beginning of the trading date compared to the closed value of 105.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Commonwealth Bank stock. Still, in general, we apply an absolute valuation method to find Commonwealth Bank'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 Commonwealth Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Commonwealth Bank's related companies.
| Open | High | Low | Close | Volume | |
| 105.51 | 105.51 | 105.30 | 105.30 | 20,742 | |
11/22/2024 | 105.38 | 105.50 | 105.00 | 105.38 | 11,577 |
| 105.30 | 105.73 | 105.01 | 105.51 | 18,034 |
| Backtest Commonwealth Bank | | | Commonwealth Bank History | | | Commonwealth Bank Valuation | Previous | Next |
Commonwealth Bank Trading Date Momentum on November 22, 2024
| On November 25 2024 Commonwealth Bank of was traded for 105.51 at the closing time. The highest price during the trading period was 105.73 and the lowest recorded bid was listed for 105.01 . The volume for the day was 18 K. This history from November 25, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.12% . The overall trading delta to the current price is 0.25% . |
Commonwealth Bank Fundamentals Correlations and Trends
By evaluating Commonwealth Bank'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 Commonwealth Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Commonwealth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Commonwealth Bank Stock history
Commonwealth Bank 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 Commonwealth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Commonwealth Bank 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 Commonwealth Bank stock prices may prove useful in developing a viable investing in Commonwealth Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.5 B | 1.4 B |
Commonwealth Bank Stock Technical Analysis
Commonwealth Bank 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
Commonwealth Bank Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Commonwealth Bank of cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Commonwealth Bank November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Commonwealth Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Commonwealth Bank shares will generate the highest return on investment. By undertsting and applying Commonwealth Bank stock market strength indicators, traders can identify Commonwealth Bank of entry and exit signals to maximize returns
Commonwealth Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Commonwealth Bank's price direction in advance. Along with the technical and fundamental analysis of Commonwealth Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Commonwealth 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 | 0.0333 | |||
| Jensen Alpha | 0.008 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | 0.3065 |
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| Volume Indicators |
Complementary Tools for Commonwealth Stock analysis
When running Commonwealth Bank's price analysis, check to measure Commonwealth Bank'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 Commonwealth Bank is operating at the current time. Most of Commonwealth Bank's value examination focuses on studying past and present price action to predict the probability of Commonwealth Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commonwealth Bank's price. Additionally, you may evaluate how the addition of Commonwealth Bank to your portfolios can decrease your overall portfolio volatility.
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