QBE INSURGROUP (Germany) Price on May 3, 2024
| QBE Stock | EUR 11.90 0.10 0.83% |
If you're considering investing in QBE Stock, it is important to understand the factors that can impact its price. As of today, the current price of QBE INSURGROUP stands at 11.90, as last reported on the 27th of November, with the highest price reaching 11.90 and the lowest price hitting 11.90 during the day. QBE INSURGROUP appears to be not too volatile, given 3 months investment horizon. QBE INSURGROUP maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the company had a 0.23% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for QBE INSURGROUP, which you can use to evaluate the volatility of the entity. Please evaluate QBE INSURGROUP's coefficient of variation of 431.81, and Market Risk Adjusted Performance of 0.9989 to confirm if our risk estimates are consistent with your expectations.
QBE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
QBE |
Sharpe Ratio = 0.2281
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Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average QBE INSURGROUP is performing at about 17% 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 QBE INSURGROUP by adding it to a well-diversified portfolio.
QBE INSURGROUP Valuation on May 3, 2024
It is possible to determine the worth of QBE INSURGROUP on a given historical date. On May 3, 2024 QBE was worth 10.34 at the beginning of the trading date compared to the closed value of 10.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of QBE INSURGROUP stock. Still, in general, we apply an absolute valuation method to find QBE INSURGROUP'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 QBE INSURGROUP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against QBE INSURGROUP's related companies.
| Open | High | Low | Close | Volume | |
| 10.34 | 10.34 | 10.34 | 10.34 | 1.00 | |
05/03/2024 | 10.34 | 10.34 | 10.34 | 10.34 | 1.00 |
| 10.24 | 10.24 | 10.24 | 10.24 | 1.00 |
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QBE INSURGROUP Trading Date Momentum on May 3, 2024
| On May 06 2024 QBE INSURGROUP was traded for 10.24 at the closing time. The maximum traded price for the trading interval was 10.24 and the lowest daily price was 10.24 . There was no trading activity during the period 1.0. Lack of trading volume on 6th of May 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.97% . The trading delta at closing time to the closing price today is 0.87% . |
QBE INSURGROUP Fundamentals Correlations and Trends
By evaluating QBE INSURGROUP'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 QBE INSURGROUP's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. QBE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About QBE INSURGROUP Stock history
QBE INSURGROUP 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 QBE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in QBE INSURGROUP 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 QBE INSURGROUP stock prices may prove useful in developing a viable investing in QBE INSURGROUP
QBE INSURGROUP Stock Technical Analysis
QBE INSURGROUP 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
QBE INSURGROUP Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
QBE INSURGROUP cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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.
QBE INSURGROUP November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how QBE INSURGROUP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading QBE INSURGROUP shares will generate the highest return on investment. By undertsting and applying QBE INSURGROUP stock market strength indicators, traders can identify QBE INSURGROUP entry and exit signals to maximize returns
QBE INSURGROUP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for QBE INSURGROUP's price direction in advance. Along with the technical and fundamental analysis of QBE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of QBE 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 | 0.182 | |||
| Jensen Alpha | 0.3014 | |||
| Total Risk Alpha | 0.103 | |||
| Sortino Ratio | 0.1321 | |||
| Treynor Ratio | 0.9889 |
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| Volume Indicators |
Complementary Tools for QBE Stock analysis
When running QBE INSURGROUP's price analysis, check to measure QBE INSURGROUP'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 QBE INSURGROUP is operating at the current time. Most of QBE INSURGROUP's value examination focuses on studying past and present price action to predict the probability of QBE INSURGROUP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move QBE INSURGROUP's price. Additionally, you may evaluate how the addition of QBE INSURGROUP to your portfolios can decrease your overall portfolio volatility.
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