CIC INSURANCE (Kenya) Price on July 11, 2023
| CIC Stock | 2.04 0.03 1.45% |
If you're considering investing in CIC Stock, it is important to understand the factors that can impact its price. As of today, the current price of CIC INSURANCE stands at 2.04, as last reported on the 2nd of December, with the highest price reaching 2.10 and the lowest price hitting 2.00 during the day. CIC INSURANCE GROUP retains Efficiency (Sharpe Ratio) of -0.0098, which signifies that the company had a -0.0098% return per unit of risk over the last 3 months. CIC INSURANCE exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CIC INSURANCE's coefficient of variation of 3212.57, and Market Risk Adjusted Performance of 0.174 to double-check the risk estimate we provide.
CIC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CIC |
Sharpe Ratio = -0.0098
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| Negative Returns | CIC |
Estimated Market Risk
| 2.25 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CIC INSURANCE 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 CIC INSURANCE by adding CIC INSURANCE to a well-diversified portfolio.
CIC INSURANCE Valuation on July 11, 2023
It is possible to determine the worth of CIC INSURANCE on a given historical date. On July 11, 2023 CIC was worth 1.98 at the beginning of the trading date compared to the closed value of 1.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CIC INSURANCE stock. Still, in general, we apply an absolute valuation method to find CIC INSURANCE'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 CIC INSURANCE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CIC INSURANCE's related companies.
| Open | High | Low | Close | Volume | |
| 1.95 | 2.00 | 1.95 | 1.98 | 94,200 | |
07/11/2023 | 1.98 | 2.00 | 1.85 | 1.97 | 128,000 |
| 1.97 | 2.00 | 1.84 | 1.99 | 17,400 |
| Backtest CIC INSURANCE | | | CIC INSURANCE History | Previous | Next |
CIC INSURANCE Trading Date Momentum on July 11, 2023
| On July 12 2023 CIC INSURANCE GROUP was traded for 1.99 at the closing time. The highest price during the trading period was 2.00 and the lowest recorded bid was listed for 1.84 . The volume for the day was 17.4 K. This history from July 12, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.02% . The overall trading delta to the current price is 1.52% . |
Price Boundaries
CIC INSURANCE Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
CIC INSURANCE GROUP cannot be verified against its exchange. Please verify the symbol is currently traded on Nairobi Securities 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.
CIC INSURANCE December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how CIC INSURANCE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CIC INSURANCE shares will generate the highest return on investment. By undertsting and applying CIC INSURANCE stock market strength indicators, traders can identify CIC INSURANCE GROUP entry and exit signals to maximize returns
CIC INSURANCE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CIC INSURANCE's price direction in advance. Along with the technical and fundamental analysis of CIC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CIC 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 | 0.0304 | |||
| Jensen Alpha | 0.0133 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.164 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for CIC Stock analysis
When running CIC INSURANCE's price analysis, check to measure CIC INSURANCE'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 CIC INSURANCE is operating at the current time. Most of CIC INSURANCE's value examination focuses on studying past and present price action to predict the probability of CIC INSURANCE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CIC INSURANCE's price. Additionally, you may evaluate how the addition of CIC INSURANCE to your portfolios can decrease your overall portfolio volatility.
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