Bank of Commerce (Philippines) Price on November 15, 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 23rd 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 -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Bank of Commerce exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank of Commerce's Mean Deviation of 1.52, risk adjusted performance of (0.05), and Standard Deviation of 2.29 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.

Sharpe Ratio = -0.166

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Estimated Market Risk

 2.08
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.35
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  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 November 15, 2024

It is possible to determine the worth of Bank of Commerce on a given historical date. On November 15, 2024 Bank was worth 7.8 at the beginning of the trading date compared to the closed value of 7.9. 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
  7.89    7.89    7.89    7.89    4,300  
11/15/2024
  7.80    7.90    7.80    7.90    30,500  
  7.90    7.90    7.90    7.90    1,300  
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Open Value
7.8
7.9
Closing Value
14.05
Upside

Bank of Commerce Trading Date Momentum on November 15, 2024

On November 18 2024 Bank of Commerce was traded for  7.90  at the closing time. The highest price during the trading period was 7.90  and the lowest recorded bid was listed for  7.90 . The volume for the day was 1.3 K. This history from November 18, 2024 did not affect price variability. The overall trading delta to the current price is 2.53% .

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.
A focus of Bank of Commerce technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bank of Commerce trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Bank of Commerce Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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Bank of Commerce December 23, 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.

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.