Cementos Bio (Chile) Price on November 27, 2023
| CEMENTOS | CLP 1,400 100.00 7.69% |
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 Bio stands at 1,400, as last reported on the 1st of December, with the highest price reaching 1,400 and the lowest price hitting 1,400 during the day. Cementos Bio is very steady given 3 months investment horizon. Cementos Bio B secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We were able to interpolate twenty-one different technical indicators, which can help you to evaluate if expected returns of 3.21% are justified by taking the suggested risk. Use Cementos Bio Mean Deviation of 3.0, standard deviation of 10.66, and Risk Adjusted Performance of 0.125 to evaluate company specific risk that cannot be diversified away.
Cementos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cementos |
Sharpe Ratio = 0.2037
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| Good Returns | CEMENTOS | |||
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Estimated Market Risk
| 15.76 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.21 actual daily | 64 64% of assets have lower returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Cementos Bio is performing at about 16% 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 Bio by adding it to a well-diversified portfolio.
Cementos Bio Valuation on November 27, 2023
It is possible to determine the worth of Cementos Bio on a given historical date. On November 27, 2023 Cementos was worth 614.74 at the beginning of the trading date compared to the closed value of 614.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cementos Bio stock. Still, in general, we apply an absolute valuation method to find Cementos Bio'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 Cementos Bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cementos Bio's related companies.
| Open | High | Low | Close | Volume | |
11/27/2023 | 614.74 | 614.74 | 614.74 | 614.74 | 390.00 |
| 614.74 | 614.74 | 614.74 | 614.74 | 19,200 |
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Cementos Bio Trading Date Momentum on November 27, 2023
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Cementos Bio B Fundamentals Correlations and Trends
By evaluating Cementos Bio'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 Cementos Bio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cementos financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cementos Bio Stock history
Cementos Bio 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 Cementos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cementos Bio B 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 Cementos Bio stock prices may prove useful in developing a viable investing in Cementos Bio
Cementos Bio Bio S.A. manufactures and sells cement in Chile and internationally. The company was founded in 1957 and is based in Providencia, Chile. CEMENTOS BIO is traded on Commodity Exchange in Exotistan.
Cementos Bio Stock Technical Analysis
Cementos Bio 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
Cementos Bio Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Cementos Bio B 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 Bio December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Cementos Bio 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 Bio shares will generate the highest return on investment. By undertsting and applying Cementos Bio stock market strength indicators, traders can identify Cementos Bio B entry and exit signals to maximize returns
Cementos Bio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cementos Bio's 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.
| Risk Adjusted Performance | 0.125 | |||
| Jensen Alpha | 1.67 | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (3.31) |
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Other Information on Investing in Cementos Stock
Cementos Bio financial ratios help investors to determine whether Cementos Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cementos with respect to the benefits of owning Cementos Bio security.