Commerzbank Ag Stock Price on November 6, 2024
CRZBF Stock | USD 18.00 0.00 0.00% |
If you're considering investing in Commerzbank Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Commerzbank stands at 18.00, as last reported on the 28th of November, with the highest price reaching 18.00 and the lowest price hitting 18.00 during the day. Commerzbank appears to be not too volatile, given 3 months investment horizon. Commerzbank AG 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 eighteen technical indicators for Commerzbank AG, which you can use to evaluate the volatility of the firm. Please makes use of Commerzbank's Risk Adjusted Performance of 0.143, standard deviation of 2.52, and Mean Deviation of 1.07 to double-check if our risk estimates are consistent with your expectations.
Commerzbank Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Commerzbank |
Sharpe Ratio = 0.1822
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | CRZBF | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Commerzbank 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 Commerzbank by adding it to a well-diversified portfolio.
Commerzbank Valuation on November 6, 2024
It is possible to determine the worth of Commerzbank on a given historical date. On November 6, 2024 Commerzbank was worth 16.9 at the beginning of the trading date compared to the closed value of 18.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Commerzbank pink sheet. 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 | |
18.00 | 18.00 | 18.00 | 18.00 | 200.00 | |
11/06/2024 | 16.90 | 18.00 | 16.55 | 18.00 | 200.00 |
18.00 | 18.00 | 18.00 | 18.00 | 1.00 |
Backtest Commerzbank | | | Commerzbank History | | | Commerzbank Valuation | Previous | Next |
Commerzbank Trading Date Momentum on November 6, 2024
On November 07 2024 Commerzbank AG was traded for 18.00 at the closing time. The highest daily price throughout the period was 18.00 and the lowest price was 18.00 . There was no trading activity during the period 1.0. Lack of trading volume on 11/07/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Commerzbank AG Fundamentals Correlations and Trends
By evaluating Commerzbank'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 Commerzbank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Commerzbank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Commerzbank Pink Sheet history
Commerzbank 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 Commerzbank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Commerzbank 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 Commerzbank stock prices may prove useful in developing a viable investing in Commerzbank
Commerzbank AG provides banking and capital market services to private and small business customers, multinational groups, financial service providers, and institutional clients worldwide. Commerzbank AG was founded in 1870 and is headquartered in Frankfurt am Main, Germany. Commerzbank operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 38167 people.
Commerzbank Pink Sheet Technical Analysis
Commerzbank technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Commerzbank Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Commerzbank AG cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Commerzbank November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Commerzbank pink sheet 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 pink sheet 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 Pink Sheet 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 | 0.143 | |||
Jensen Alpha | 0.3988 | |||
Total Risk Alpha | 0.0416 | |||
Treynor Ratio | 1.31 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Commerzbank Pink Sheet 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 Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data |