Cofinimmo (Belgium) Price on September 26, 2023
| COFB Stock | EUR 56.80 0.15 0.26% |
If you're considering investing in Cofinimmo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cofinimmo stands at 56.80, as last reported on the 1st of December, with the highest price reaching 57.00 and the lowest price hitting 56.20 during the day. Cofinimmo SA secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. Cofinimmo SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cofinimmo's mean deviation of 0.9664, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide.
Cofinimmo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cofinimmo |
Sharpe Ratio = -0.1181
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| Negative Returns | COFB |
Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cofinimmo 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 Cofinimmo by adding Cofinimmo to a well-diversified portfolio.
Cofinimmo Valuation on September 26, 2023
It is possible to determine the worth of Cofinimmo on a given historical date. On September 26, 2023 Cofinimmo was worth 59.32 at the beginning of the trading date compared to the closed value of 59.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cofinimmo stock. Still, in general, we apply an absolute valuation method to find Cofinimmo'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 Cofinimmo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cofinimmo's related companies.
| Open | High | Low | Close | Volume | |
| 61.50 | 61.50 | 59.18 | 59.77 | 80,020 | |
09/26/2023 | 59.32 | 60.23 | 58.87 | 59.41 | 46,764 |
| 59.37 | 59.46 | 57.87 | 58.01 | 60,458 |
| Backtest Cofinimmo | | | Cofinimmo History | | | Cofinimmo Valuation | Previous | Next |
Cofinimmo Trading Date Momentum on September 26, 2023
| On September 27 2023 Cofinimmo SA was traded for 58.01 at the closing time. The highest price during the trading period was 59.46 and the lowest recorded bid was listed for 57.87 . The volume for the day was 60.5 K. This history from September 27, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.36% . The overall trading delta to the current price is 6.26% . |
Cofinimmo SA Fundamentals Correlations and Trends
By evaluating Cofinimmo'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 Cofinimmo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cofinimmo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cofinimmo Stock history
Cofinimmo 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 Cofinimmo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cofinimmo SA 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 Cofinimmo stock prices may prove useful in developing a viable investing in Cofinimmo
Cofinimmo has been acquiring, developing and managing rental properties for over 35 years. Its activities are supervised by the Financial Services and Markets Authority , the Belgian regulator. COFINIMMO operates under REITDiversified classification in Belgium and is traded on Brussels Stock Exchange. It employs 145 people.
Cofinimmo Stock Technical Analysis
Cofinimmo 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
Cofinimmo Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Cofinimmo SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Brussels. 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.
Cofinimmo December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Cofinimmo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cofinimmo shares will generate the highest return on investment. By undertsting and applying Cofinimmo stock market strength indicators, traders can identify Cofinimmo SA entry and exit signals to maximize returns
Cofinimmo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cofinimmo's price direction in advance. Along with the technical and fundamental analysis of Cofinimmo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cofinimmo 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 | (0.07) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (1.66) |
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Additional Tools for Cofinimmo Stock Analysis
When running Cofinimmo's price analysis, check to measure Cofinimmo'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 Cofinimmo is operating at the current time. Most of Cofinimmo's value examination focuses on studying past and present price action to predict the probability of Cofinimmo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cofinimmo's price. Additionally, you may evaluate how the addition of Cofinimmo to your portfolios can decrease your overall portfolio volatility.