Commonwealth Bank Price on December 15, 2023
CBAUFDelisted Stock | USD 87.68 0.00 0.00% |
If you're considering investing in Commonwealth Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Commonwealth Bank stands at 87.68, as last reported on the 4th of December, with the highest price reaching 87.68 and the lowest price hitting 87.68 during the day. We have found seventeen technical indicators for Commonwealth Bank, which you can use to evaluate the volatility of the firm. Please confirm Commonwealth Bank's Risk Adjusted Performance of 0.114, standard deviation of 1.98, and Mean Deviation of 0.6314 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Commonwealth Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Commonwealth Bank 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 Commonwealth Bank by adding Commonwealth Bank to a well-diversified portfolio.
Commonwealth Bank Valuation on December 15, 2023
It is possible to determine the worth of Commonwealth Bank on a given historical date. On December 15, 2023 Commonwealth was worth 70.11 at the beginning of the trading date compared to the closed value of 70.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Commonwealth Bank pink sheet. 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 | |
68.00 | 68.00 | 68.00 | 68.00 | 40.00 | |
12/15/2023 | 70.11 | 70.11 | 70.11 | 70.11 | 360.00 |
72.47 | 72.47 | 71.08 | 71.08 | 202.00 |
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Commonwealth Bank Trading Date Momentum on December 15, 2023
On December 19 2023 Commonwealth Bank was traded for 71.08 at the closing time. The highest daily price throughout the period was 72.47 and the lowest price was 71.08 . The daily volume was 202. The net trading volume on 12/19/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.38% . The overall trading delta to current closing price is 1.53% . |
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 Pink Sheet 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
Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. The company was founded in 1911 and is based in Sydney, Australia. Commonwealth operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 49245 people.
Commonwealth Bank Pink Sheet Technical Analysis
Commonwealth Bank technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Commonwealth Bank Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Commonwealth Bank cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Commonwealth Bank pink sheet 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 pink sheet market strength indicators, traders can identify Commonwealth Bank 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 Pink Sheet 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 | 0.114 | |||
Jensen Alpha | 0.2357 | |||
Total Risk Alpha | 0.0018 | |||
Treynor Ratio | 0.8044 |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Commonwealth Pink Sheet
If you are still planning to invest in Commonwealth Bank check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Commonwealth Bank's history and understand the potential risks before investing.
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