Cnova NV (France) Price on July 11, 2023
| CNV Stock | EUR 0.80 0.00 0.00% |
If you're considering investing in Cnova Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cnova NV stands at 0.80, as last reported on the 11th of December 2024, with the highest price reaching 0.80 and the lowest price hitting 0.80 during the day. Cnova NV appears to be out of control, given 3 months investment horizon. Cnova NV secures Sharpe Ratio (or Efficiency) of 0.0339, which signifies that the company had a 0.0339% return per unit of risk over the last 3 months. By analyzing Cnova NV's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please makes use of Cnova NV's Downside Deviation of 25.63, mean deviation of 10.35, and Risk Adjusted Performance of 0.0312 to double-check if our risk estimates are consistent with your expectations.
Cnova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cnova |
Sharpe Ratio = 0.0339
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Estimated Market Risk
| 22.02 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Cnova NV is performing at about 2% 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 Cnova NV by adding it to a well-diversified portfolio.
Cnova NV Valuation on July 11, 2023
It is possible to determine the worth of Cnova NV on a given historical date. On July 11, 2023 Cnova was worth 2.95 at the beginning of the trading date compared to the closed value of 2.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cnova NV stock. Still, in general, we apply an absolute valuation method to find Cnova NV'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 Cnova NV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cnova NV's related companies.
| Open | High | Low | Close | Volume | |
| 3.11 | 3.14 | 2.85 | 2.95 | 1,728 | |
07/11/2023 | 2.95 | 3.09 | 2.90 | 2.90 | 1,936 |
| 2.90 | 3.42 | 2.90 | 3.40 | 6,471 |
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Cnova NV Trading Date Momentum on July 11, 2023
| On July 12 2023 Cnova NV was traded for 3.40 at the closing time. The maximum traded price for the trading interval was 3.42 and the lowest daily price was 2.90 . The daily volume was recorded at 6.5 K. The volume of trading on 12th of July 2023 played a part in the next trading day price jump. The overall trading delta to the next closing price was 17.24% . The overall trading delta to the closing price today is 11.03% . |
Cnova NV Fundamentals Correlations and Trends
By evaluating Cnova NV'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 Cnova NV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cnova financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cnova NV Stock history
Cnova NV 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 Cnova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cnova NV 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 Cnova NV stock prices may prove useful in developing a viable investing in Cnova NV
Cnova N.V. operates as an e-commerce company in France and internationally. Cnova N.V. is a subsidiary of Casino, Guichard-Perrachon S.A. CNOVA operates under Business Services classification in France and is traded on Paris Stock Exchange.
Cnova NV Stock Technical Analysis
Cnova NV 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
Cnova NV Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Cnova NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Cnova NV December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Cnova NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cnova NV shares will generate the highest return on investment. By undertsting and applying Cnova NV stock market strength indicators, traders can identify Cnova NV entry and exit signals to maximize returns
Cnova NV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cnova NV's price direction in advance. Along with the technical and fundamental analysis of Cnova Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cnova 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 | 0.0312 | |||
| Jensen Alpha | 0.2252 | |||
| Total Risk Alpha | (2.80) | |||
| Sortino Ratio | 0.0204 | |||
| Treynor Ratio | 0.1772 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Cnova Stock analysis
When running Cnova NV's price analysis, check to measure Cnova NV'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 Cnova NV is operating at the current time. Most of Cnova NV's value examination focuses on studying past and present price action to predict the probability of Cnova NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cnova NV's price. Additionally, you may evaluate how the addition of Cnova NV to your portfolios can decrease your overall portfolio volatility.
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