Corticeira Amorim (Portugal) Price on October 3, 2024
| COR Stock | EUR 8.32 0.05 0.60% |
If you're considering investing in Corticeira Stock, it is important to understand the factors that can impact its price. As of today, the current price of Corticeira Amorim stands at 8.32, as last reported on the 30th of November, with the highest price reaching 8.45 and the lowest price hitting 8.30 during the day. Corticeira Amorim secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Corticeira Amorim exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Corticeira Amorim's Mean Deviation of 0.6702, standard deviation of 0.9724, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.
Corticeira Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Corticeira |
Sharpe Ratio = -0.1261
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Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Corticeira Amorim 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 Corticeira Amorim by adding Corticeira Amorim to a well-diversified portfolio.
Corticeira Amorim Valuation on October 3, 2024
It is possible to determine the worth of Corticeira Amorim on a given historical date. On October 3, 2024 Corticeira was worth 8.8 at the beginning of the trading date compared to the closed value of 8.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Corticeira Amorim stock. Still, in general, we apply an absolute valuation method to find Corticeira Amorim'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 Corticeira Amorim where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Corticeira Amorim's related companies.
| Open | High | Low | Close | Volume | |
| 8.84 | 8.85 | 8.76 | 8.77 | 78,834 | |
10/03/2024 | 8.80 | 8.84 | 8.74 | 8.76 | 71,977 |
| 8.80 | 8.80 | 8.71 | 8.71 | 47,407 |
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Corticeira Amorim Trading Date Momentum on October 3, 2024
| On October 04 2024 Corticeira Amorim was traded for 8.71 at the closing time. The maximum traded price for the trading interval was 8.80 and the lowest daily price was 8.71 . The daily volume was recorded at 47.4 K. The volume of trading on 4th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.57% . The overall trading delta to the closing price today is 0.46% . |
Corticeira Amorim Fundamentals Correlations and Trends
By evaluating Corticeira Amorim'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 Corticeira Amorim's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Corticeira financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Corticeira Amorim Stock history
Corticeira Amorim 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 Corticeira is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Corticeira Amorim 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 Corticeira Amorim stock prices may prove useful in developing a viable investing in Corticeira Amorim
Corticeira Amorim Stock Technical Analysis
Corticeira Amorim 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
Corticeira Amorim Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Corticeira Amorim cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Lisbon. 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.
Corticeira Amorim November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Corticeira Amorim stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Corticeira Amorim shares will generate the highest return on investment. By undertsting and applying Corticeira Amorim stock market strength indicators, traders can identify Corticeira Amorim entry and exit signals to maximize returns
Corticeira Amorim Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Corticeira Amorim's price direction in advance. Along with the technical and fundamental analysis of Corticeira Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Corticeira 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 | (0.09) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.26) |
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Additional Tools for Corticeira Stock Analysis
When running Corticeira Amorim's price analysis, check to measure Corticeira Amorim'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 Corticeira Amorim is operating at the current time. Most of Corticeira Amorim's value examination focuses on studying past and present price action to predict the probability of Corticeira Amorim's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corticeira Amorim's price. Additionally, you may evaluate how the addition of Corticeira Amorim to your portfolios can decrease your overall portfolio volatility.