CTS Eventim (Germany) Price on May 23, 2023
EVD Stock | EUR 82.80 1.05 1.28% |
If you're considering investing in CTS Stock, it is important to understand the factors that can impact its price. As of today, the current price of CTS Eventim stands at 82.80, as last reported on the 2nd of December, with the highest price reaching 83.65 and the lowest price hitting 82.70 during the day. CTS Eventim AG secures Sharpe Ratio (or Efficiency) of -0.0128, which signifies that the company had a -0.0128% return per unit of volatility over the last 3 months. CTS Eventim AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CTS Eventim's risk adjusted performance of 0.0021, and Mean Deviation of 1.31 to double-check the risk estimate we provide.
CTS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CTS |
Sharpe Ratio = -0.0128
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Estimated Market Risk
2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CTS Eventim 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 CTS Eventim by adding CTS Eventim to a well-diversified portfolio.
CTS Eventim Valuation on May 23, 2023
It is possible to determine the worth of CTS Eventim on a given historical date. On May 23, 2023 CTS was worth 64.25 at the beginning of the trading date compared to the closed value of 64.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CTS Eventim stock. Still, in general, we apply an absolute valuation method to find CTS Eventim'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 CTS Eventim where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CTS Eventim's related companies.
Open | High | Low | Close | Volume | |
62.92 | 63.46 | 62.92 | 63.46 | 620.00 | |
05/23/2023 | 64.25 | 64.25 | 64.25 | 64.25 | 1.00 |
60.57 | 60.81 | 60.57 | 60.81 | 110.00 |
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CTS Eventim Trading Date Momentum on May 23, 2023
On May 24 2023 CTS Eventim AG was traded for 60.81 at the closing time. The highest daily price throughout the period was 60.81 and the lowest price was 60.57 . The daily volume was 110. The net trading volume on 05/24/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 5.35% . The overall trading delta to current closing price is 2.15% . |
CTS Eventim AG Fundamentals Correlations and Trends
By evaluating CTS Eventim'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 CTS Eventim's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CTS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CTS Eventim Stock history
CTS Eventim 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 CTS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CTS Eventim 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 CTS Eventim stock prices may prove useful in developing a viable investing in CTS Eventim
It operates in two segments, Ticketing and Live Entertainment. The company was formerly known as CTS EVENTIM AG and changed its name to CTS Eventim AG Co. CTS EVENTIM operates under Media - Diversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2945 people.
CTS Eventim Stock Technical Analysis
CTS Eventim 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
CTS Eventim Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
CTS Eventim AG 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.
CTS Eventim December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how CTS Eventim stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CTS Eventim shares will generate the highest return on investment. By undertsting and applying CTS Eventim stock market strength indicators, traders can identify CTS Eventim AG entry and exit signals to maximize returns
CTS Eventim Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CTS Eventim's price direction in advance. Along with the technical and fundamental analysis of CTS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CTS 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 | 0.0021 | |||
Jensen Alpha | 0.082 | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | 0.0263 |
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When running CTS Eventim's price analysis, check to measure CTS Eventim'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 CTS Eventim is operating at the current time. Most of CTS Eventim's value examination focuses on studying past and present price action to predict the probability of CTS Eventim's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS Eventim's price. Additionally, you may evaluate how the addition of CTS Eventim to your portfolios can decrease your overall portfolio volatility.
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