Cobas Global (Germany) Price on October 1, 2024
| 0P0001BICH | 122.29 0.48 0.39% |
If you're considering investing in Cobas Fund, it is important to understand the factors that can impact its price. As of today, the current price of Cobas Global stands at 122.29, as last reported on the 21st of December, with the highest price reaching 122.29 and the lowest price hitting 122.29 during the day. At this point, Cobas Global is very steady. Cobas Global PP secures Sharpe Ratio (or Efficiency) of 0.0674, which signifies that the fund had a 0.0674% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Cobas Global PP, which you can use to evaluate the volatility of the entity. Please confirm Cobas Global's risk adjusted performance of 0.0673, and Mean Deviation of 0.5447 to double-check if the risk estimate we provide is consistent with the expected return of 0.0441%.
Cobas Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Cobas |
Sharpe Ratio = 0.0674
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| Negative Returns | 0P0001BICH |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Cobas Global is performing at about 5% 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 Cobas Global by adding it to a well-diversified portfolio.
Cobas Global Valuation on October 1, 2024
It is possible to determine the worth of Cobas Global on a given historical date. On October 1, 2024 Cobas was worth 121.32 at the beginning of the trading date compared to the closed value of 121.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cobas Global fund. Still, in general, we apply an absolute valuation method to find Cobas Global'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 Cobas Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cobas Global's related companies.
| Open | High | Low | Close | Volume | |
| 120.96 | 120.96 | 120.96 | 120.96 | 1.00 | |
10/01/2024 | 121.32 | 121.32 | 121.32 | 121.32 | 1.00 |
| 121.80 | 121.80 | 121.80 | 121.80 | 1.00 |
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Cobas Global Trading Date Momentum on October 1, 2024
| On October 02 2024 Cobas Global PP was traded for 121.80 at the closing time. The highest price during the trading period was 121.80 and the lowest recorded bid was listed for 121.80 . There was no trading activity during the period 1.0. Lack of trading volume on October 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.40% . The overall trading delta to the current price is 0.04% . |
Price Boundaries
Cobas Global Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Cobas Global PP 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.
Cobas Global December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Cobas Global fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cobas Global shares will generate the highest return on investment. By undertsting and applying Cobas Global fund market strength indicators, traders can identify Cobas Global PP entry and exit signals to maximize returns
Cobas Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cobas Global's price direction in advance. Along with the technical and fundamental analysis of Cobas Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cobas 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 | 0.0673 | |||
| Jensen Alpha | 0.0493 | |||
| Total Risk Alpha | 0.0308 | |||
| Sortino Ratio | 0.0372 | |||
| Treynor Ratio | 1.16 |
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| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |