COFACE SA (Germany) Price on September 28, 2023
65C Stock | EUR 13.74 0.32 2.38% |
If you're considering investing in COFACE Stock, it is important to understand the factors that can impact its price. As of today, the current price of COFACE SA stands at 13.74, as last reported on the 23rd of December, with the highest price reaching 13.74 and the lowest price hitting 13.73 during the day. COFACE SA secures Sharpe Ratio (or Efficiency) of -0.067, which signifies that the company had a -0.067% return per unit of risk over the last 3 months. COFACE SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COFACE SA's Standard Deviation of 1.4, risk adjusted performance of (0.07), and Mean Deviation of 1.01 to double-check the risk estimate we provide.
COFACE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
COFACE |
Sharpe Ratio = -0.067
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Estimated Market Risk
1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average COFACE SA 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 COFACE SA by adding COFACE SA to a well-diversified portfolio.
COFACE SA Valuation on September 28, 2023
It is possible to determine the worth of COFACE SA on a given historical date. On September 28, 2023 COFACE was worth 11.01 at the beginning of the trading date compared to the closed value of 11.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of COFACE SA stock. Still, in general, we apply an absolute valuation method to find COFACE SA'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 COFACE SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against COFACE SA's related companies.
Open | High | Low | Close | Volume | |
11.46 | 11.46 | 11.33 | 11.37 | 1.00 | |
09/28/2023 | 11.01 | 11.01 | 11.01 | 11.01 | 1.00 |
11.17 | 11.17 | 11.15 | 11.15 | 1.00 |
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COFACE SA Trading Date Momentum on September 28, 2023
On September 29 2023 COFACE SA was traded for 11.15 at the closing time. The highest daily price throughout the period was 11.17 and the lowest price was 11.15 . There was no trading activity during the period 1.0. Lack of trading volume on 09/29/2023 added to the next day price rise. The daily price change to closing price of the next trading day was 1.27% . The overall trading delta to current closing price is 3.72% . |
COFACE SA Fundamentals Correlations and Trends
By evaluating COFACE SA'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 COFACE SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. COFACE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About COFACE SA Stock history
COFACE SA 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 COFACE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in COFACE SA 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 COFACE SA stock prices may prove useful in developing a viable investing in COFACE SA
COFACE SA, through its subsidiaries, provides credit insurance products and related services for small and medium enterprises, mid-market companies, multi-nationals, financial institutions, and clients of distributer partners. The company was founded in 1946 and is headquartered in Bois-Colombes, France. COFACE S operates under Insurance - Reinsurance classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3156 people.
COFACE SA Stock Technical Analysis
COFACE SA 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
COFACE SA Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
COFACE SA 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.
COFACE SA December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how COFACE SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading COFACE SA shares will generate the highest return on investment. By undertsting and applying COFACE SA stock market strength indicators, traders can identify COFACE SA entry and exit signals to maximize returns
COFACE SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for COFACE SA's price direction in advance. Along with the technical and fundamental analysis of COFACE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of COFACE 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 | (0.07) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | 0.8849 |
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Complementary Tools for COFACE Stock analysis
When running COFACE SA's price analysis, check to measure COFACE SA'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 COFACE SA is operating at the current time. Most of COFACE SA's value examination focuses on studying past and present price action to predict the probability of COFACE SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COFACE SA's price. Additionally, you may evaluate how the addition of COFACE SA to your portfolios can decrease your overall portfolio volatility.
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