Commerzbank (Hungary) Price on July 8, 2024
| COMMB Stock | 6,030 130.00 2.20% |
If you're considering investing in Commerzbank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Commerzbank stands at 6,030, as last reported on the 27th of November, with the highest price reaching 6,030 and the lowest price hitting 6,030 during the day. Commerzbank appears to be very steady, given 3 months investment horizon. Commerzbank AG secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. By analyzing Commerzbank's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of Commerzbank's Risk Adjusted Performance of 0.0258, mean deviation of 2.34, and Downside Deviation of 3.25 to double-check if our risk estimates are consistent with your expectations.
Commerzbank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Commerzbank |
Sharpe Ratio = 0.1215
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Estimated Market Risk
| 4.2 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Commerzbank is performing at about 9% 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 Commerzbank by adding it to a well-diversified portfolio.
Commerzbank Valuation on July 8, 2024
It is possible to determine the worth of Commerzbank on a given historical date. On July 8, 2024 Commerzbank was worth 5850.0 at the beginning of the trading date compared to the closed value of 5852.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Commerzbank stock. Still, in general, we apply an absolute valuation method to find Commerzbank'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 Commerzbank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Commerzbank's related companies.
| Open | High | Low | Close | Volume | |
| 5,750 | 5,756 | 5,750 | 5,756 | 51.00 | |
07/08/2024 | 5,850 | 5,852 | 5,850 | 5,852 | 45.00 |
| 5,750 | 5,750 | 5,750 | 5,750 | 16.00 |
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Commerzbank Trading Date Momentum on July 8, 2024
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.Price Boundaries
Commerzbank Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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Commerzbank November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Commerzbank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Commerzbank shares will generate the highest return on investment. By undertsting and applying Commerzbank stock market strength indicators, traders can identify Commerzbank AG entry and exit signals to maximize returns
Commerzbank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Commerzbank's price direction in advance. Along with the technical and fundamental analysis of Commerzbank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Commerzbank 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 | 0.0258 | |||
| Jensen Alpha | 0.0763 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (3.41) |
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| Volume Indicators |
Complementary Tools for Commerzbank Stock analysis
When running Commerzbank's price analysis, check to measure Commerzbank'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 Commerzbank is operating at the current time. Most of Commerzbank's value examination focuses on studying past and present price action to predict the probability of Commerzbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerzbank's price. Additionally, you may evaluate how the addition of Commerzbank to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |