CMC JSC (Vietnam) Price on November 25, 2024
| CVT Stock | 25,050 200.00 0.80% |
If you're considering investing in CMC Stock, it is important to understand the factors that can impact its price. As of today, the current price of CMC JSC stands at 25,050, as last reported on the 11th of December 2024, with the highest price reaching 25,650 and the lowest price hitting 24,500 during the day. CMC JSC retains Efficiency (Sharpe Ratio) of -0.0173, which signifies that the company had a -0.0173% return per unit of risk over the last 3 months. CMC JSC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CMC JSC's variance of 9.69, and Market Risk Adjusted Performance of 0.6945 to double-check the risk estimate we provide.
CMC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CMC |
Sharpe Ratio = -0.0173
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CVT |
Estimated Market Risk
| 3.08 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CMC JSC 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 CMC JSC by adding CMC JSC to a well-diversified portfolio.
CMC JSC Valuation on November 25, 2024
It is possible to determine the worth of CMC JSC on a given historical date. On November 25, 2024 CMC was worth 26400.0 at the beginning of the trading date compared to the closed value of 25750.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CMC JSC stock. Still, in general, we apply an absolute valuation method to find CMC JSC'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 CMC JSC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CMC JSC's related companies.
| Open | High | Low | Close | Volume | |
| 24,650 | 25,650 | 24,650 | 25,650 | 3,700 | |
11/25/2024 | 26,400 | 26,400 | 24,000 | 25,750 | 500.00 |
| 24,000 | 25,250 | 23,950 | 25,200 | 2,300 |
| Backtest CMC JSC | | | CMC JSC History | Previous | Next |
CMC JSC Trading Date Momentum on November 25, 2024
| On November 26 2024 CMC JSC was traded for 25,200 at the closing time. The maximum traded price for the trading interval was 25,250 and the lowest daily price was 23,950 . The daily volume was recorded at 2.3 K. The volume of trading on 26th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.14% . The overall trading delta to the closing price today is 2.91% . |
Price Boundaries
CMC JSC Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
CMC JSC cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.
CMC JSC December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how CMC JSC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CMC JSC shares will generate the highest return on investment. By undertsting and applying CMC JSC stock market strength indicators, traders can identify CMC JSC entry and exit signals to maximize returns
CMC JSC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CMC JSC's price direction in advance. Along with the technical and fundamental analysis of CMC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CMC 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.