COMMONWBK AUSTRSPADRS (Germany) Price on May 15, 2024
| CWW0 Stock | EUR 96.50 0.50 0.52% |
If you're considering investing in COMMONWBK Stock, it is important to understand the factors that can impact its price. As of today, the current price of COMMONWBK AUSTRSPADRS stands at 96.50, as last reported on the 1st of December, with the highest price reaching 96.50 and the lowest price hitting 96.50 during the day. At this point, COMMONWBK AUSTRSPADRS is very steady. COMMONWBK AUSTRSPADRS secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for COMMONWBK AUSTRSPADRS, which you can use to evaluate the volatility of the firm. Please confirm COMMONWBK AUSTRSPADRS's risk adjusted performance of 0.1275, and Mean Deviation of 1.11 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
COMMONWBK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
COMMONWBK |
Sharpe Ratio = 0.1373
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Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average COMMONWBK AUSTRSPADRS is performing at about 10% 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 COMMONWBK AUSTRSPADRS by adding it to a well-diversified portfolio.
COMMONWBK AUSTRSPADRS Valuation on May 15, 2024
It is possible to determine the worth of COMMONWBK AUSTRSPADRS on a given historical date. On May 15, 2024 COMMONWBK was worth 70.53 at the beginning of the trading date compared to the closed value of 70.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of COMMONWBK AUSTRSPADRS stock. Still, in general, we apply an absolute valuation method to find COMMONWBK AUSTRSPADRS'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 COMMONWBK AUSTRSPADRS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against COMMONWBK AUSTRSPADRS's related companies.
| Open | High | Low | Close | Volume | |
| 70.04 | 70.04 | 70.04 | 70.04 | 1.00 | |
05/15/2024 | 70.53 | 70.53 | 70.53 | 70.53 | 1.00 |
| 72.49 | 72.49 | 72.49 | 72.49 | 1.00 |
| Backtest COMMONWBK AUSTRSPADRS | | | COMMONWBK AUSTRSPADRS History | | | COMMONWBK AUSTRSPADRS Valuation | Previous | Next |
COMMONWBK AUSTRSPADRS Trading Date Momentum on May 15, 2024
| On May 16 2024 COMMONWBK AUSTRSPADRS was traded for 72.49 at the closing time. The maximum traded price for the trading interval was 72.49 and the lowest daily price was 72.49 . There was no trading activity during the period 1.0. Lack of trading volume on 16th of May 2024 played a part in the next trading day price rise. The overall trading delta to the next closing price was 2.78% . The overall trading delta to the closing price today is 0.00% . |
COMMONWBK AUSTRSPADRS Fundamentals Correlations and Trends
By evaluating COMMONWBK AUSTRSPADRS'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 COMMONWBK AUSTRSPADRS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. COMMONWBK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About COMMONWBK AUSTRSPADRS Stock history
COMMONWBK AUSTRSPADRS 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 COMMONWBK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in COMMONWBK AUSTRSPADRS 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 COMMONWBK AUSTRSPADRS stock prices may prove useful in developing a viable investing in COMMONWBK AUSTRSPADRS
Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. The company was founded in 1911 and is based in Sydney, Australia. COMMONW BK operates under BanksDiversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 44375 people.
COMMONWBK AUSTRSPADRS Stock Technical Analysis
COMMONWBK AUSTRSPADRS 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
COMMONWBK AUSTRSPADRS Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
COMMONWBK AUSTRSPADRS cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
COMMONWBK AUSTRSPADRS December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how COMMONWBK AUSTRSPADRS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading COMMONWBK AUSTRSPADRS shares will generate the highest return on investment. By undertsting and applying COMMONWBK AUSTRSPADRS stock market strength indicators, traders can identify COMMONWBK AUSTRSPADRS entry and exit signals to maximize returns
COMMONWBK AUSTRSPADRS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for COMMONWBK AUSTRSPADRS's price direction in advance. Along with the technical and fundamental analysis of COMMONWBK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of COMMONWBK 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 | 0.1275 | |||
| Jensen Alpha | 0.108 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0531 | |||
| Treynor Ratio | 0.2634 |
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Complementary Tools for COMMONWBK Stock analysis
When running COMMONWBK AUSTRSPADRS's price analysis, check to measure COMMONWBK AUSTRSPADRS'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 COMMONWBK AUSTRSPADRS is operating at the current time. Most of COMMONWBK AUSTRSPADRS's value examination focuses on studying past and present price action to predict the probability of COMMONWBK AUSTRSPADRS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COMMONWBK AUSTRSPADRS's price. Additionally, you may evaluate how the addition of COMMONWBK AUSTRSPADRS to your portfolios can decrease your overall portfolio volatility.
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