Cal Maine (Germany) Price on October 8, 2024
| CM2 Stock | 91.52 0.26 0.28% |
If you're considering investing in Cal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cal Maine stands at 91.52, as last reported on the 26th of November, with the highest price reaching 91.52 and the lowest price hitting 91.52 during the day. Cal Maine appears to be very steady, given 3 months investment horizon. Cal Maine Foods secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of risk over the last 3 months. By analyzing Cal Maine's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please makes use of Cal Maine's Downside Deviation of 1.23, risk adjusted performance of 0.2319, and Mean Deviation of 1.43 to double-check if our risk estimates are consistent with your expectations.
Cal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cal |
Sharpe Ratio = 0.2937
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Estimated Market Risk
| 2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 23 77% of assets perform better |
Based on monthly moving average Cal Maine is performing at about 23% 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 Cal Maine by adding it to a well-diversified portfolio.
Cal Maine Valuation on October 8, 2024
It is possible to determine the worth of Cal Maine on a given historical date. On October 8, 2024 Cal was worth 76.99 at the beginning of the trading date compared to the closed value of 77.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cal Maine stock. Still, in general, we apply an absolute valuation method to find Cal Maine'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 Cal Maine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cal Maine's related companies.
| Open | High | Low | Close | Volume | |
| 75.55 | 77.92 | 75.55 | 77.92 | 1.00 | |
10/08/2024 | 76.99 | 77.94 | 76.99 | 77.94 | 1.00 |
| 77.82 | 80.90 | 77.82 | 80.90 | 1.00 |
| Backtest Cal Maine | | | Cal Maine History | | | Cal Maine Valuation | Previous | Next |
Cal Maine Trading Date Momentum on October 8, 2024
| On October 09 2024 Cal Maine Foods was traded for 80.90 at the closing time. The highest price during the trading period was 80.90 and the lowest recorded bid was listed for 77.82 . There was no trading activity during the period 1.0. Lack of trading volume on October 9, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 3.80% . The overall trading delta to the current price is 9.47% . |
Cal Maine Foods Fundamentals Correlations and Trends
By evaluating Cal Maine'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 Cal Maine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cal Maine Stock history
Cal Maine 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 Cal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cal Maine Foods 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 Cal Maine stock prices may prove useful in developing a viable investing in Cal Maine
Cal Maine Stock Technical Analysis
Cal Maine 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
Cal Maine Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Cal Maine Foods cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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.
Cal Maine November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Cal Maine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cal Maine shares will generate the highest return on investment. By undertsting and applying Cal Maine stock market strength indicators, traders can identify Cal Maine Foods entry and exit signals to maximize returns
Cal Maine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cal Maine's price direction in advance. Along with the technical and fundamental analysis of Cal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cal 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 | 0.2319 | |||
| Jensen Alpha | 0.5328 | |||
| Total Risk Alpha | 0.2693 | |||
| Sortino Ratio | 0.3827 | |||
| Treynor Ratio | 1.22 |
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Additional Tools for Cal Stock Analysis
When running Cal Maine's price analysis, check to measure Cal Maine'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 Cal Maine is operating at the current time. Most of Cal Maine's value examination focuses on studying past and present price action to predict the probability of Cal Maine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cal Maine's price. Additionally, you may evaluate how the addition of Cal Maine to your portfolios can decrease your overall portfolio volatility.