Cobas Global (Germany) Price on November 18, 2024

0P0001BICH   127.27  0.29  0.23%   
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 127.27, as last reported on the 9th of January, with the highest price reaching 127.27 and the lowest price hitting 127.27 during the day. At this point, Cobas Global is out of control. Cobas Global PP secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% 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 0.0832, and Mean Deviation of 0.5135 to double-check if the risk estimate we provide is consistent with the expected return of 0.0872%.
  
Cobas Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1237

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Estimated Market Risk

 0.7
  actual daily
6
94% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Cobas Global is performing at about 9% 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 November 18, 2024

It is possible to determine the worth of Cobas Global on a given historical date. On November 18, 2024 Cobas was worth 118.47 at the beginning of the trading date compared to the closed value of 118.47. 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
  117.54    117.54    117.54    117.54    1.00  
11/18/2024
  118.47    118.47    118.47    118.47    1.00  
  117.81    117.81    117.81    117.81    1.00  
Backtest Cobas Global  |  Cobas Global HistoryPreviousNext  
Open Value
118.47
116.36
Downside
118.47
Closing Value
120.58
Upside

Cobas Global Trading Date Momentum on November 18, 2024

On November 19 2024 Cobas Global PP was traded for  117.81  at the closing time. The highest price during the trading period was 117.81  and the lowest recorded bid was listed for  117.81 . There was no trading activity during the period 1.0. Lack of trading volume on November 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.56% . The overall trading delta to the current price is 0.49% .
JavaScript chart by amCharts 3.21.1511/18/2024Nov 08Nov 11Nov 14Nov 17Nov 20Nov 23Nov 26117118119120

Price Boundaries

Cobas Global Period Price Range

Low
January 9, 2025
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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 January 9, 2025 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.
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