Coloplast A/S (Germany) Price on February 28, 2024
CBHD Stock | 118.20 3.20 2.64% |
If you're considering investing in Coloplast Stock, it is important to understand the factors that can impact its price. As of today, the current price of Coloplast A/S stands at 118.20, as last reported on the 2nd of December, with the highest price reaching 118.75 and the lowest price hitting 115.55 during the day. Coloplast A/S secures Sharpe Ratio (or Efficiency) of -0.0537, which signifies that the company had a -0.0537% return per unit of risk over the last 3 months. Coloplast AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Coloplast A/S's Standard Deviation of 1.62, risk adjusted performance of (0.02), and Mean Deviation of 1.11 to double-check the risk estimate we provide.
Coloplast Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Coloplast |
Sharpe Ratio = -0.0537
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | CBHD |
Estimated Market Risk
1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Coloplast A/S 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 Coloplast A/S by adding Coloplast A/S to a well-diversified portfolio.
Coloplast A/S Valuation on February 28, 2024
It is possible to determine the worth of Coloplast A/S on a given historical date. On February 28, 2024 Coloplast was worth 115.29 at the beginning of the trading date compared to the closed value of 117.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Coloplast A/S stock. Still, in general, we apply an absolute valuation method to find Coloplast A/S'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 Coloplast A/S where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Coloplast A/S's related companies.
Open | High | Low | Close | Volume | |
117.87 | 118.16 | 116.63 | 116.91 | 424.00 | |
02/28/2024 | 115.29 | 117.10 | 115.29 | 117.10 | 266.00 |
117.29 | 117.29 | 115.67 | 115.67 | 39.00 |
Backtest Coloplast A/S | | | Coloplast A/S History | | | Coloplast A/S Valuation | Previous | Next |
Coloplast A/S Trading Date Momentum on February 28, 2024
On February 29 2024 Coloplast AS was traded for 115.67 at the closing time. The highest price during the trading period was 117.29 and the lowest recorded bid was listed for 115.67 . The volume for the day was 39.0. This history from February 29, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.22% . The overall trading delta to the current price is 5.96% . |
Coloplast A/S Fundamentals Correlations and Trends
By evaluating Coloplast A/S'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 Coloplast A/S's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Coloplast financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Coloplast A/S Stock history
Coloplast A/S 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 Coloplast is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Coloplast A/S 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 Coloplast A/S stock prices may prove useful in developing a viable investing in Coloplast A/S
Coloplast A/S Stock Technical Analysis
Coloplast A/S 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
Coloplast A/S Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Coloplast AS cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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.
Coloplast A/S December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Coloplast A/S stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Coloplast A/S shares will generate the highest return on investment. By undertsting and applying Coloplast A/S stock market strength indicators, traders can identify Coloplast AS entry and exit signals to maximize returns
Coloplast A/S Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Coloplast A/S's price direction in advance. Along with the technical and fundamental analysis of Coloplast Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Coloplast 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 | (0.02) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | (0.79) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Coloplast Stock analysis
When running Coloplast A/S's price analysis, check to measure Coloplast A/S'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 Coloplast A/S is operating at the current time. Most of Coloplast A/S's value examination focuses on studying past and present price action to predict the probability of Coloplast A/S's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coloplast A/S's price. Additionally, you may evaluate how the addition of Coloplast A/S to your portfolios can decrease your overall portfolio volatility.
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |