CureVac NV (Germany) Price on May 3, 2024
| 5CV Stock | EUR 2.73 0.01 0.37% |
If you're considering investing in CureVac Stock, it is important to understand the factors that can impact its price. As of today, the current price of CureVac NV stands at 2.73, as last reported on the 3rd of December, with the highest price reaching 2.81 and the lowest price hitting 2.72 during the day. At this point, CureVac NV is risky. CureVac NV secures Sharpe Ratio (or Efficiency) of 0.0426, which signifies that the company had a 0.0426% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for CureVac NV, which you can use to evaluate the volatility of the firm. Please confirm CureVac NV's Standard Deviation of 3.38, mean deviation of 2.53, and Risk Adjusted Performance of 0.0068 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
CureVac Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CureVac |
Sharpe Ratio = 0.0426
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Estimated Market Risk
| 3.25 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average CureVac NV is performing at about 3% 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 CureVac NV by adding it to a well-diversified portfolio.
CureVac NV Valuation on May 3, 2024
It is possible to determine the worth of CureVac NV on a given historical date. On May 3, 2024 CureVac was worth 2.62 at the beginning of the trading date compared to the closed value of 2.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CureVac NV stock. Still, in general, we apply an absolute valuation method to find CureVac NV'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 CureVac NV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CureVac NV's related companies.
| Open | High | Low | Close | Volume | |
| 2.42 | 2.58 | 2.40 | 2.58 | 8,888 | |
05/03/2024 | 2.62 | 2.87 | 2.54 | 2.87 | 10,195 |
| 2.99 | 3.00 | 2.68 | 2.77 | 43,555 |
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CureVac NV Trading Date Momentum on May 3, 2024
| On May 06 2024 CureVac NV was traded for 2.77 at the closing time. The highest daily price throughout the period was 3.00 and the lowest price was 2.68 . The daily volume was 43.6 K. The net trading volume on 05/06/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 3.48% . The overall trading delta to current closing price is 4.88% . |
CureVac NV Fundamentals Correlations and Trends
By evaluating CureVac NV'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 CureVac NV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CureVac financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CureVac NV Stock history
CureVac NV 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 CureVac is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CureVac NV 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 CureVac NV stock prices may prove useful in developing a viable investing in CureVac NV
CureVac N.V., a clinical-stage biopharmaceutical company, focuses on developing various transformative medicines based on messenger ribonucleic acid . The company was founded in 2000 and is headquartered in Tbingen, Germany. CUREVAC N operates under Biotechnology classification in Germany and is traded on Frankfurt Stock Exchange. It employs 455 people.
CureVac NV Stock Technical Analysis
CureVac NV 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
CureVac NV Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
CureVac NV 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.
CureVac NV December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how CureVac NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CureVac NV shares will generate the highest return on investment. By undertsting and applying CureVac NV stock market strength indicators, traders can identify CureVac NV entry and exit signals to maximize returns
CureVac NV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CureVac NV's price direction in advance. Along with the technical and fundamental analysis of CureVac Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CureVac 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 | 0.0068 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.46) |
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Complementary Tools for CureVac Stock analysis
When running CureVac NV's price analysis, check to measure CureVac NV'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 CureVac NV is operating at the current time. Most of CureVac NV's value examination focuses on studying past and present price action to predict the probability of CureVac NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CureVac NV's price. Additionally, you may evaluate how the addition of CureVac NV to your portfolios can decrease your overall portfolio volatility.
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