Commonwealth Bank (Australia) Price on October 4, 2024
| CBA Stock | 156.21 1.09 0.70% |
Below is the normalized historical share price chart for Commonwealth Bank extending back to April 01, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Commonwealth Bank stands at 156.21, as last reported on the 29th of December, with the highest price reaching 156.21 and the lowest price hitting 154.72 during the day.
If you're considering investing in Commonwealth Stock, it is important to understand the factors that can impact its price. Commonwealth Bank appears to be very steady, given 3 months investment horizon. Commonwealth Bank secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Commonwealth Bank, which you can use to evaluate the volatility of the firm. Please makes use of Commonwealth Bank's Downside Deviation of 1.44, risk adjusted performance of 0.1521, and Mean Deviation of 0.9113 to double-check if our risk estimates are consistent with your expectations.
At this time, Commonwealth Bank's Common Stock Total Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.3 T in 2024, whereas Total Stockholder Equity is likely to drop slightly above 37.8 B in 2024. . Commonwealth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 133.9538 | 50 Day MA 152.0402 | Beta 0.911 |
Commonwealth |
Sharpe Ratio = 0.1854
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Commonwealth Bank is performing at about 14% 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 Commonwealth Bank by adding it to a well-diversified portfolio.
Price Book 3.5737 | Price Sales 10.0002 | Shares Float 1.7 B | Dividend Share 4.65 | Wall Street Target Price 99.3171 |
Commonwealth Bank Valuation on October 4, 2024
It is possible to determine the worth of Commonwealth Bank on a given historical date. On October 4, 2024 Commonwealth was worth 133.1 at the beginning of the trading date compared to the closed value of 132.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Commonwealth Bank stock. Still, in general, we apply an absolute valuation method to find Commonwealth Bank'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 Commonwealth Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Commonwealth Bank's related companies.
| Open | High | Low | Close | Volume | |
| 135.40 | 135.40 | 134.25 | 134.61 | 1,851,459 | |
10/04/2024 | 133.10 | 133.50 | 132.52 | 132.74 | 1,502,412 |
| 133.82 | 135.08 | 133.13 | 134.77 | 934,904 |
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Commonwealth Bank Trading Date Momentum on October 4, 2024
| On October 07 2024 Commonwealth Bank was traded for 134.77 at the closing time. The maximum traded price for the trading interval was 135.08 and the lowest daily price was 133.13 . The daily volume was recorded at 934.9 K. The volume of trading on 7th of October 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 1.53% . The overall trading delta to the closing price today is 3.13% . |
Commonwealth Bank Fundamentals Correlations and Trends
By evaluating Commonwealth Bank'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 Commonwealth Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Commonwealth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Commonwealth Bank Stock history
Commonwealth Bank 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 Commonwealth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Commonwealth Bank 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 Commonwealth Bank stock prices may prove useful in developing a viable investing in Commonwealth Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.8 B | 1.5 B | |
| Net Income Applicable To Common Shares | 11.6 B | 7.1 B |
Commonwealth Bank Stock Technical Analysis
Commonwealth Bank 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
Commonwealth Bank Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Commonwealth Bank cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Commonwealth Bank December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Commonwealth Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Commonwealth Bank shares will generate the highest return on investment. By undertsting and applying Commonwealth Bank stock market strength indicators, traders can identify Commonwealth Bank entry and exit signals to maximize returns
Commonwealth Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Commonwealth Bank's price direction in advance. Along with the technical and fundamental analysis of Commonwealth Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Commonwealth 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 | 0.1521 | |||
| Jensen Alpha | 0.2182 | |||
| Total Risk Alpha | 0.1857 | |||
| Sortino Ratio | 0.1376 | |||
| Treynor Ratio | 2.55 |
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Additional Tools for Commonwealth Stock Analysis
When running Commonwealth Bank's price analysis, check to measure Commonwealth Bank'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 Commonwealth Bank is operating at the current time. Most of Commonwealth Bank's value examination focuses on studying past and present price action to predict the probability of Commonwealth Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commonwealth Bank's price. Additionally, you may evaluate how the addition of Commonwealth Bank to your portfolios can decrease your overall portfolio volatility.