CTT Correios (Portugal) Price on November 27, 2024
| CTT Stock | EUR 4.47 0.01 0.22% |
If you're considering investing in CTT Stock, it is important to understand the factors that can impact its price. As of today, the current price of CTT Correios stands at 4.47, as last reported on the 2nd of December, with the highest price reaching 4.47 and the lowest price hitting 4.42 during the day. Currently, CTT Correios de is not too volatile. CTT Correios de secures Sharpe Ratio (or Efficiency) of 0.0219, which signifies that the company had a 0.0219% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for CTT Correios de, which you can use to evaluate the volatility of the firm. Please confirm CTT Correios' mean deviation of 0.7196, and Risk Adjusted Performance of 0.0064 to double-check if the risk estimate we provide is consistent with the expected return of 0.0225%.
CTT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CTT |
Sharpe Ratio = 0.0219
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Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average CTT Correios is performing at about 1% 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 CTT Correios by adding it to a well-diversified portfolio.
CTT Correios Valuation on November 27, 2024
It is possible to determine the worth of CTT Correios on a given historical date. On November 27, 2024 CTT was worth 4.43 at the beginning of the trading date compared to the closed value of 4.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CTT Correios stock. Still, in general, we apply an absolute valuation method to find CTT Correios' 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 CTT Correios where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CTT Correios' related companies.
| Open | High | Low | Close | Volume | |
| 4.46 | 4.49 | 4.45 | 4.45 | 154,667 | |
11/27/2024 | 4.43 | 4.49 | 4.43 | 4.46 | 216,362 |
| 4.45 | 4.48 | 4.45 | 4.46 | 48,548 |
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CTT Correios Trading Date Momentum on November 27, 2024
| On November 28 2024 CTT Correios de was traded for 4.46 at the closing time. The maximum traded price for the trading interval was 4.48 and the lowest daily price was 4.45 . The daily volume was recorded at 48.5 K. The volume of trading on 28th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 0.67% . |
CTT Correios de Fundamentals Correlations and Trends
By evaluating CTT Correios' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CTT Correios' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CTT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CTT Correios Stock history
CTT Correios 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 CTT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CTT Correios de 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 CTT Correios stock prices may prove useful in developing a viable investing in CTT Correios
CTT Correios Stock Technical Analysis
CTT Correios 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
CTT Correios Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
CTT Correios de 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.
CTT Correios December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how CTT Correios stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CTT Correios shares will generate the highest return on investment. By undertsting and applying CTT Correios stock market strength indicators, traders can identify CTT Correios de entry and exit signals to maximize returns
CTT Correios Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CTT Correios' price direction in advance. Along with the technical and fundamental analysis of CTT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CTT 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 | 0.0064 | |||
| Jensen Alpha | 0.0133 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.0343 |
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Additional Tools for CTT Stock Analysis
When running CTT Correios' price analysis, check to measure CTT Correios' 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 CTT Correios is operating at the current time. Most of CTT Correios' value examination focuses on studying past and present price action to predict the probability of CTT Correios' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTT Correios' price. Additionally, you may evaluate how the addition of CTT Correios to your portfolios can decrease your overall portfolio volatility.