Comet Holding (Switzerland) Price on November 28, 2024
| COTN Stock | CHF 279.50 3.50 1.27% |
If you're considering investing in Comet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Comet Holding stands at 279.50, as last reported on the 30th of November, with the highest price reaching 279.50 and the lowest price hitting 273.00 during the day. Comet Holding AG secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Comet Holding AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Comet Holding's Standard Deviation of 2.08, mean deviation of 1.63, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide.
Comet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Comet |
Sharpe Ratio = -0.1484
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Comet Holding 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 Comet Holding by adding Comet Holding to a well-diversified portfolio.
Comet Holding Valuation on November 28, 2024
It is possible to determine the worth of Comet Holding on a given historical date. On November 28, 2024 Comet was worth 276.5 at the beginning of the trading date compared to the closed value of 276.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Comet Holding stock. Still, in general, we apply an absolute valuation method to find Comet Holding'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 Comet Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Comet Holding's related companies.
| Open | High | Low | Close | Volume | |
| 277.50 | 279.00 | 273.50 | 274.50 | 26,282 | |
11/28/2024 | 276.50 | 280.50 | 274.50 | 276.00 | 13,152 |
| 279.50 | 279.50 | 273.00 | 279.50 | 20,498 |
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Comet Holding Trading Date Momentum on November 28, 2024
| On November 29 2024 Comet Holding AG was traded for 279.50 at the closing time. The highest price during the trading period was 279.50 and the lowest recorded bid was listed for 273.00 . The volume for the day was 20.5 K. This history from November 29, 2024 contributed to the next trading day price increase. The overall trading delta to the next closing price was 1.27% . The overall trading delta to the current price is 1.27% . |
Comet Holding AG Fundamentals Correlations and Trends
By evaluating Comet Holding'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 Comet Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Comet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Comet Holding Stock history
Comet Holding 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 Comet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Comet Holding AG 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 Comet Holding stock prices may prove useful in developing a viable investing in Comet Holding
Comet Holding AG, together with its subsidiaries, provides X-ray and radio frequency power technology solutions in Switzerland, Germany, the rest of Europe, North America, China, Japan, the rest of Asia, and internationally. Comet Holding AG was founded in 1948 and is headquartered in Flamatt, Switzerland. COMET N operates under Scientific Technical Instruments classification in Switzerland and is traded on Switzerland Exchange. It employs 1403 people.
Comet Holding Stock Technical Analysis
Comet Holding 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
Comet Holding Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Comet Holding AG cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.
Comet Holding November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Comet Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Comet Holding shares will generate the highest return on investment. By undertsting and applying Comet Holding stock market strength indicators, traders can identify Comet Holding AG entry and exit signals to maximize returns
Comet Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Comet Holding's price direction in advance. Along with the technical and fundamental analysis of Comet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Comet 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 | (0.11) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.97) |
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Additional Tools for Comet Stock Analysis
When running Comet Holding's price analysis, check to measure Comet Holding'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 Comet Holding is operating at the current time. Most of Comet Holding's value examination focuses on studying past and present price action to predict the probability of Comet Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comet Holding's price. Additionally, you may evaluate how the addition of Comet Holding to your portfolios can decrease your overall portfolio volatility.