Bank of Commerce (Philippines) Price on September 19, 2024
| BNCOM Stock | 6.75 0.05 0.74% |
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bank of Commerce stands at 6.75, as last reported on the 25th of December, with the highest price reaching 6.75 and the lowest price hitting 6.75 during the day. Bank of Commerce secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. Bank of Commerce exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank of Commerce's Standard Deviation of 2.29, risk adjusted performance of (0.05), and Mean Deviation of 1.52 to double-check the risk estimate we provide.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = -0.2014
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| Negative Returns | BNCOM |
Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bank of Commerce 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 Bank of Commerce by adding Bank of Commerce to a well-diversified portfolio.
Bank of Commerce Valuation on September 19, 2024
It is possible to determine the worth of Bank of Commerce on a given historical date. On September 19, 2024 Bank was worth 7.72 at the beginning of the trading date compared to the closed value of 7.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of Commerce stock. Still, in general, we apply an absolute valuation method to find Bank of Commerce'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 Bank of Commerce where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of Commerce's related companies.
| Open | High | Low | Close | Volume | |
| 7.60 | 7.60 | 7.60 | 7.60 | 16,300 | |
09/19/2024 | 7.72 | 7.99 | 7.11 | 7.75 | 19,100 |
| 8.00 | 8.79 | 7.60 | 7.60 | 44,200 |
| Backtest Bank of Commerce | | | Bank of Commerce History | | | Bank of Commerce Valuation | Previous | Next |
Bank of Commerce Trading Date Momentum on September 19, 2024
| On September 20 2024 Bank of Commerce was traded for 7.60 at the closing time. The highest price during the trading period was 8.79 and the lowest recorded bid was listed for 7.60 . The volume for the day was 44.2 K. This history from September 20, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.94% . The overall trading delta to the current price is 9.68% . |
About Bank of Commerce Stock history
Bank of Commerce 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of Commerce 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 Bank of Commerce stock prices may prove useful in developing a viable investing in Bank of Commerce
Bank of Commerce Stock Technical Analysis
Bank of Commerce 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
Bank of Commerce Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Bank of Commerce cannot be verified against its exchange. Please verify the symbol is currently traded on Philippine Stock 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.
Bank of Commerce December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank of Commerce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of Commerce shares will generate the highest return on investment. By undertsting and applying Bank of Commerce stock market strength indicators, traders can identify Bank of Commerce entry and exit signals to maximize returns
Bank of Commerce Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank of Commerce's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank 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 | (0.05) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.4971 |
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Additional Tools for Bank Stock Analysis
When running Bank of Commerce's price analysis, check to measure Bank of Commerce'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 Bank of Commerce is operating at the current time. Most of Bank of Commerce's value examination focuses on studying past and present price action to predict the probability of Bank of Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Commerce's price. Additionally, you may evaluate how the addition of Bank of Commerce to your portfolios can decrease your overall portfolio volatility.