Cementos Argos (Chile) Price on October 17, 2024
| CEMARGOSCL | 2,115 451.60 27.14% |
If you're considering investing in Cementos Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cementos Argos stands at 2,115, as last reported on the 3rd of December, with the highest price reaching 2,128 and the lowest price hitting 2,115 during the day. Cementos Argos appears to be very steady, given 3 months investment horizon. Cementos Argos SA secures Sharpe Ratio (or Efficiency) of 0.0603, which signifies that the company had a 0.0603% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Cementos Argos SA, which you can use to evaluate the volatility of the firm. Please makes use of Cementos Argos' Standard Deviation of 5.75, risk adjusted performance of 0.0354, and Mean Deviation of 1.66 to double-check if our risk estimates are consistent with your expectations.
Cementos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cementos |
Sharpe Ratio = 0.0603
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Estimated Market Risk
| 5.99 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Cementos Argos 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 Cementos Argos by adding it to a well-diversified portfolio.
Cementos Argos Valuation on October 17, 2024
It is possible to determine the worth of Cementos Argos on a given historical date. On October 17, 2024 Cementos was worth 1670.0 at the beginning of the trading date compared to the closed value of 1903.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cementos Argos stock. Still, in general, we apply an absolute valuation method to find Cementos Argos' 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 Cementos Argos where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cementos Argos' related companies.
| Open | High | Low | Close | Volume | |
| 1,903 | 1,903 | 1,903 | 1,903 | 1.00 | |
10/17/2024 | 1,670 | 1,903 | 1,670 | 1,903 | 100.00 |
| 1,903 | 1,903 | 1,903 | 1,903 | 1.00 |
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Cementos Argos Trading Date Momentum on October 17, 2024
| On October 18 2024 Cementos Argos SA was traded for 1,903 at the closing time. The highest price during the trading period was 1,903 and the lowest recorded bid was listed for 1,903 . There was no trading activity during the period 1.0. Lack of trading volume on October 18, 2024 did not affect price variability. The overall trading delta to the current price is 12.59% . |
Price Boundaries
Cementos Argos Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Cementos Argos SA cannot be verified against its exchange. Please verify the symbol is currently traded on Chilean 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.
Cementos Argos December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Cementos Argos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cementos Argos shares will generate the highest return on investment. By undertsting and applying Cementos Argos stock market strength indicators, traders can identify Cementos Argos SA entry and exit signals to maximize returns
Cementos Argos Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cementos Argos' price direction in advance. Along with the technical and fundamental analysis of Cementos Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cementos 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.