Carsales (Germany) Price on November 7, 2024
| WN6 Stock | 25.40 0.20 0.79% |
If you're considering investing in Carsales Stock, it is important to understand the factors that can impact its price. As of today, the current price of Carsales stands at 25.40, as last reported on the 22nd of November, with the highest price reaching 25.40 and the lowest price hitting 25.40 during the day. Currently, Carsales is very steady. Carsales secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Carsales, which you can use to evaluate the volatility of the firm. Please confirm Carsales' Mean Deviation of 1.17, downside deviation of 1.63, and Risk Adjusted Performance of 0.1177 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
Carsales Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Carsales |
Sharpe Ratio = 0.1322
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Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Carsales 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 Carsales by adding it to a well-diversified portfolio.
Carsales Valuation on November 7, 2024
It is possible to determine the worth of Carsales on a given historical date. On November 7, 2024 Carsales was worth 24.0 at the beginning of the trading date compared to the closed value of 24.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carsales stock. Still, in general, we apply an absolute valuation method to find Carsales' 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 Carsales where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carsales' related companies.
| Open | High | Low | Close | Volume | |
| 23.60 | 23.60 | 23.60 | 23.60 | 1.00 | |
11/07/2024 | 24.00 | 24.00 | 24.00 | 24.00 | 1.00 |
| 24.40 | 24.40 | 24.40 | 24.40 | 1.00 |
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Carsales Trading Date Momentum on November 7, 2024
| On November 08 2024 Carsales was traded for 24.40 at the closing time. The highest price during the trading period was 24.40 and the lowest recorded bid was listed for 24.40 . There was no trading activity during the period 1.0. Lack of trading volume on November 8, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 1.67% . The overall trading delta to the current price is 2.50% . |
Carsales Fundamentals Correlations and Trends
By evaluating Carsales' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Carsales' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Carsales financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Carsales Stock history
Carsales 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 Carsales is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carsales 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 Carsales stock prices may prove useful in developing a viable investing in Carsales
Carsales Stock Technical Analysis
Carsales 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
Carsales Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Carsales cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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.
Carsales November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Carsales stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carsales shares will generate the highest return on investment. By undertsting and applying Carsales stock market strength indicators, traders can identify Carsales entry and exit signals to maximize returns
Carsales Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Carsales' price direction in advance. Along with the technical and fundamental analysis of Carsales Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Carsales 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 | 0.1177 | |||
| Jensen Alpha | 0.156 | |||
| Total Risk Alpha | 0.0157 | |||
| Sortino Ratio | 0.0648 | |||
| Treynor Ratio | 0.4166 |
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Additional Tools for Carsales Stock Analysis
When running Carsales' price analysis, check to measure Carsales' 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 Carsales is operating at the current time. Most of Carsales' value examination focuses on studying past and present price action to predict the probability of Carsales' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carsales' price. Additionally, you may evaluate how the addition of Carsales to your portfolios can decrease your overall portfolio volatility.