COPPERBELT ENERGY (Zambia) Price on October 30, 2024
| CECZ Stock | 13.93 0.01 0.07% |
If you're considering investing in COPPERBELT Stock, it is important to understand the factors that can impact its price. As of today, the current price of COPPERBELT ENERGY stands at 13.93, as last reported on the 29th of November, with the highest price reaching 13.93 and the lowest price hitting 13.93 during the day. Currently, COPPERBELT ENERGY PORATION is very steady. COPPERBELT ENERGY secures Sharpe Ratio (or Efficiency) of 0.0544, which signifies that the company had a 0.0544% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for COPPERBELT ENERGY PORATION, which you can use to evaluate the volatility of the firm. Please confirm COPPERBELT ENERGY's mean deviation of 0.6113, and Risk Adjusted Performance of 0.111 to double-check if the risk estimate we provide is consistent with the expected return of 0.0557%.
COPPERBELT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
COPPERBELT |
Sharpe Ratio = 0.0544
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Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average COPPERBELT ENERGY is performing at about 4% 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 COPPERBELT ENERGY by adding it to a well-diversified portfolio.
COPPERBELT ENERGY Valuation on October 30, 2024
It is possible to determine the worth of COPPERBELT ENERGY on a given historical date. On October 30, 2024 COPPERBELT was worth 14.98 at the beginning of the trading date compared to the closed value of 15.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of COPPERBELT ENERGY stock. Still, in general, we apply an absolute valuation method to find COPPERBELT ENERGY'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 COPPERBELT ENERGY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against COPPERBELT ENERGY's related companies.
| Open | High | Low | Close | Volume | |
| 15.06 | 15.06 | 14.98 | 14.98 | 9,903 | |
10/30/2024 | 14.98 | 15.06 | 14.98 | 15.06 | 9,374 |
| 15.06 | 15.06 | 15.06 | 15.06 | 4,395 |
| Backtest COPPERBELT ENERGY | | | COPPERBELT ENERGY History | Previous | Next |
COPPERBELT ENERGY Trading Date Momentum on October 30, 2024
| On October 31 2024 COPPERBELT ENERGY PORATION was traded for 15.06 at the closing time. The highest price during the trading period was 15.06 and the lowest recorded bid was listed for 15.06 . The volume for the day was 4.4 K. This history from October 31, 2024 did not affect price variability. The overall trading delta to the current price is 0.13% . |
Price Boundaries
COPPERBELT ENERGY Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
COPPERBELT ENERGY PORATION cannot be verified against its exchange. Please verify the symbol is currently traded on Lusaka 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.
COPPERBELT ENERGY November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how COPPERBELT ENERGY stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading COPPERBELT ENERGY shares will generate the highest return on investment. By undertsting and applying COPPERBELT ENERGY stock market strength indicators, traders can identify COPPERBELT ENERGY PORATION entry and exit signals to maximize returns
COPPERBELT ENERGY Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for COPPERBELT ENERGY's price direction in advance. Along with the technical and fundamental analysis of COPPERBELT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of COPPERBELT 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 | 0.111 | |||
| Jensen Alpha | 0.1594 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0397 | |||
| Treynor Ratio | (5.70) |
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Additional Tools for COPPERBELT Stock Analysis
When running COPPERBELT ENERGY's price analysis, check to measure COPPERBELT ENERGY'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 COPPERBELT ENERGY is operating at the current time. Most of COPPERBELT ENERGY's value examination focuses on studying past and present price action to predict the probability of COPPERBELT ENERGY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COPPERBELT ENERGY's price. Additionally, you may evaluate how the addition of COPPERBELT ENERGY to your portfolios can decrease your overall portfolio volatility.