Corbion NV (Netherlands) Price on March 1, 2024
| CRBN Stock | EUR 22.28 0.30 1.36% |
If you're considering investing in Corbion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Corbion NV stands at 22.28, as last reported on the 26th of November, with the highest price reaching 22.34 and the lowest price hitting 21.92 during the day. Currently, Corbion NV is very steady. Corbion NV secures Sharpe Ratio (or Efficiency) of 0.0409, which signifies that the company had a 0.0409% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Corbion NV, which you can use to evaluate the volatility of the firm. Please confirm Corbion NV's Risk Adjusted Performance of 0.0245, downside deviation of 1.86, and Mean Deviation of 1.08 to double-check if the risk estimate we provide is consistent with the expected return of 0.0731%.
Corbion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Corbion |
Sharpe Ratio = 0.0409
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Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Corbion NV is performing at about 3% 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 Corbion NV by adding it to a well-diversified portfolio.
Corbion NV Valuation on March 1, 2024
It is possible to determine the worth of Corbion NV on a given historical date. On March 1, 2024 Corbion was worth 17.61 at the beginning of the trading date compared to the closed value of 18.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Corbion NV stock. Still, in general, we apply an absolute valuation method to find Corbion 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 Corbion NV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Corbion NV's related companies.
| Open | High | Low | Close | Volume | |
| 17.02 | 17.14 | 16.82 | 16.95 | 161,295 | |
03/01/2024 | 17.61 | 19.18 | 17.11 | 18.92 | 423,937 |
| 18.67 | 19.36 | 18.22 | 18.80 | 200,382 |
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Corbion NV Trading Date Momentum on March 1, 2024
| On March 04 2024 Corbion NV was traded for 18.80 at the closing time. The highest price during the trading period was 19.36 and the lowest recorded bid was listed for 18.22 . The volume for the day was 200.4 K. This history from March 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.63% . The overall trading delta to the current price is 1.96% . |
Corbion NV Fundamentals Correlations and Trends
By evaluating Corbion 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 Corbion NV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Corbion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Corbion NV Stock history
Corbion 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 Corbion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Corbion 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 Corbion NV stock prices may prove useful in developing a viable investing in Corbion NV
Corbion N.V. provides lactic acid and lactic acid derivatives, emulsifiers, functional enzyme blends, minerals, vitamins, and algae ingredients worldwide. Corbion N.V. was founded in 1919 and is headquartered in Amsterdam, the Netherlands. CORBION operates under Food Distribution classification in Netherlands and is traded on Amsterdam Stock Exchange. It employs 1922 people.
Corbion NV Stock Technical Analysis
Corbion 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
Corbion NV Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Corbion NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. 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.
Corbion NV November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Corbion 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 Corbion NV shares will generate the highest return on investment. By undertsting and applying Corbion NV stock market strength indicators, traders can identify Corbion NV entry and exit signals to maximize returns
Corbion NV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Corbion NV's price direction in advance. Along with the technical and fundamental analysis of Corbion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Corbion 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 | 0.0245 | |||
| Jensen Alpha | 0.0352 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (1.92) |
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Additional Tools for Corbion Stock Analysis
When running Corbion NV's price analysis, check to measure Corbion 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 Corbion NV is operating at the current time. Most of Corbion NV's value examination focuses on studying past and present price action to predict the probability of Corbion 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 Corbion NV's price. Additionally, you may evaluate how the addition of Corbion NV to your portfolios can decrease your overall portfolio volatility.