Quinenco (Chile) Price on November 10, 2023
QUINENCO | CLP 3,149 54.00 1.74% |
If you're considering investing in Quinenco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Quinenco stands at 3,149, as last reported on the 1st of December, with the highest price reaching 3,180 and the lowest price hitting 3,128 during the day. Quinenco maintains Sharpe Ratio (i.e., Efficiency) of -0.0112, which implies the firm had a -0.0112% return per unit of risk over the last 3 months. Quinenco exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Quinenco's Risk Adjusted Performance of 0.0064, semi deviation of 1.79, and Coefficient Of Variation of 105460.75 to confirm the risk estimate we provide.
Quinenco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Quinenco |
Sharpe Ratio = -0.0112
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | QUINENCO |
Estimated Market Risk
1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.02 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 Quinenco 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 Quinenco by adding Quinenco to a well-diversified portfolio.
Quinenco Valuation on November 10, 2023
It is possible to determine the worth of Quinenco on a given historical date. On November 10, 2023 Quinenco was worth 2275.81 at the beginning of the trading date compared to the closed value of 2252.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quinenco stock. Still, in general, we apply an absolute valuation method to find Quinenco'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 Quinenco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quinenco's related companies.
Open | High | Low | Close | Volume | |
2,325 | 2,325 | 2,243 | 2,243 | 427,473 | |
11/10/2023 | 2,276 | 2,319 | 2,252 | 2,252 | 90,961 |
2,262 | 2,295 | 2,252 | 2,284 | 406,271 |
Backtest Quinenco | | | Quinenco History | | | Quinenco Valuation | Previous | Next |
Quinenco Trading Date Momentum on November 10, 2023
On November 13 2023 Quinenco was traded for 2,284 at the closing time. The highest price during the trading period was 2,295 and the lowest recorded bid was listed for 2,252 . The volume for the day was 406.3 K. This history from November 13, 2023 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.39% . The trading delta at closing time to the current price is 1.19% . |
Quinenco Fundamentals Correlations and Trends
By evaluating Quinenco'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 Quinenco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quinenco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Quinenco Stock history
Quinenco 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 Quinenco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quinenco 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 Quinenco stock prices may prove useful in developing a viable investing in Quinenco
Quienco S.A., a business conglomerate, operates in the industrial and financial services sectors in Chile, rest of South America, Central America, North America, Europe, and Asia. Quienco S.A. was founded in 1957 and is headquartered in Santiago, Chile. QUINENCO operates under Conglomerates classification in Exotistan and is traded on Commodity Exchange. It employs 21158 people.
Quinenco Stock Technical Analysis
Quinenco 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
Quinenco Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Quinenco cannot be verified against its exchange. Please verify the symbol is currently traded on Chilean Stock 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.
Quinenco December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Quinenco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quinenco shares will generate the highest return on investment. By undertsting and applying Quinenco stock market strength indicators, traders can identify Quinenco entry and exit signals to maximize returns
Quinenco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Quinenco's price direction in advance. Along with the technical and fundamental analysis of Quinenco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quinenco 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 | (0.04) | |||
Total Risk Alpha | (0.31) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | (0.03) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Quinenco Stock analysis
When running Quinenco's price analysis, check to measure Quinenco'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 Quinenco is operating at the current time. Most of Quinenco's value examination focuses on studying past and present price action to predict the probability of Quinenco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quinenco's price. Additionally, you may evaluate how the addition of Quinenco to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |