CRDB BANK (Tanzania) Price on September 12, 2024
| CRDB Stock | 730.00 10.00 1.39% |
If you're considering investing in CRDB Stock, it is important to understand the factors that can impact its price. As of today, the current price of CRDB BANK stands at 730.00, as last reported on the 27th of February, with the highest price reaching 740.00 and the lowest price hitting 720.00 during the day. CRDB BANK appears to be very steady, given 3 months investment horizon. CRDB BANK LTD secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18 % return per unit of risk over the last 3 months. We have found thirty technical indicators for CRDB BANK LTD, which you can use to evaluate the volatility of the firm. Please makes use of CRDB BANK's Risk Adjusted Performance of 0.0922, mean deviation of 0.7482, and Downside Deviation of 1.76 to double-check if our risk estimates are consistent with your expectations.
CRDB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CRDB |
Sharpe Ratio = 0.1798
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average CRDB BANK is performing at about 14% 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 CRDB BANK by adding it to a well-diversified portfolio.
CRDB BANK Valuation on September 12, 2024
It is possible to determine the worth of CRDB BANK on a given historical date. On September 12, 2024 CRDB was worth 670.0 at the beginning of the trading date compared to the closed value of 670.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CRDB BANK stock. Still, in general, we apply an absolute valuation method to find CRDB BANK'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 CRDB BANK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CRDB BANK's related companies.
| Open | High | Low | Close | Volume | |
| 660.00 | 670.00 | 660.00 | 670.00 | 73,932 | |
09/12/2024 | 670.00 | 680.00 | 660.00 | 670.00 | 99,158 |
| 670.00 | 680.00 | 660.00 | 660.00 | 327,922 |
| Backtest CRDB BANK | | | CRDB BANK History | Previous | Next |
CRDB BANK Trading Date Momentum on September 12, 2024
| On September 13 2024 CRDB BANK LTD was traded for 660.00 at the closing time. The highest price during the trading period was 680.00 and the lowest recorded bid was listed for 660.00 . The volume for the day was 327.9 K. This history from September 13, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.49% . The overall trading delta to the current price is 1.49% . |
Price Boundaries
CRDB BANK Period Price Range
Low | February 27, 2025
| High |
0.00 | 0.00 |
CRDB BANK LTD cannot be verified against its exchange. Please verify the symbol is currently traded on Dar es Salaam Stock 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.
CRDB BANK February 27, 2025 Market Strength
Market strength indicators help investors to evaluate how CRDB BANK stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CRDB BANK shares will generate the highest return on investment. By undertsting and applying CRDB BANK stock market strength indicators, traders can identify CRDB BANK LTD entry and exit signals to maximize returns
CRDB BANK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CRDB BANK's price direction in advance. Along with the technical and fundamental analysis of CRDB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CRDB 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 | 0.0922 | |||
| Jensen Alpha | 0.1261 | |||
| Total Risk Alpha | 0.1362 | |||
| Sortino Ratio | 0.0754 | |||
| Treynor Ratio | (5.05) |
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Additional Tools for CRDB Stock Analysis
When running CRDB BANK's price analysis, check to measure CRDB BANK'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 CRDB BANK is operating at the current time. Most of CRDB BANK's value examination focuses on studying past and present price action to predict the probability of CRDB BANK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CRDB BANK's price. Additionally, you may evaluate how the addition of CRDB BANK to your portfolios can decrease your overall portfolio volatility.