Carlsberg (Germany) Price on October 7, 2024

CBGA Stock  EUR 109.50  1.00  0.90%   
If you're considering investing in Carlsberg Stock, it is important to understand the factors that can impact its price. As of today, the current price of Carlsberg stands at 109.50, as last reported on the 27th of December, with the highest price reaching 112.50 and the lowest price hitting 109.50 during the day. Carlsberg AS secures Sharpe Ratio (or Efficiency) of -0.24, which signifies that the company had a -0.24% return per unit of risk over the last 3 months. Carlsberg AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carlsberg's Risk Adjusted Performance of (0.16), mean deviation of 1.42, and Standard Deviation of 1.77 to double-check the risk estimate we provide.
  
Carlsberg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2393

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsCBGA

Estimated Market Risk

 1.76
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.42
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.24
  actual daily
0
Most of other assets perform better
Based on monthly moving average Carlsberg 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 Carlsberg by adding Carlsberg to a well-diversified portfolio.

Carlsberg Valuation on October 7, 2024

It is possible to determine the worth of Carlsberg on a given historical date. On October 7, 2024 Carlsberg was worth 137.0 at the beginning of the trading date compared to the closed value of 138.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carlsberg stock. Still, in general, we apply an absolute valuation method to find Carlsberg'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 Carlsberg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carlsberg's related companies.
 Open High Low Close Volume
  138.00    138.00    138.00    138.00    76.00  
10/07/2024
  137.00    138.50    137.00    138.50    76.00  
  135.50    135.50    133.50    133.50    76.00  
Backtest Carlsberg  |  Carlsberg History  |  Carlsberg Valuation   PreviousNext  
Open Value
137.0
131.73
Downside
138.5
Closing Value
142.27
Upside

Carlsberg Trading Date Momentum on October 7, 2024

On October 08 2024 Carlsberg AS was traded for  133.50  at the closing time. The maximum traded price for the trading interval was 135.50  and the lowest daily price was  133.50 . The daily volume was recorded at 76.0. The volume of trading on 8th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.61% . The overall trading delta to the closing price today is 4.69% .

Carlsberg AS Fundamentals Correlations and Trends

By evaluating Carlsberg'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 Carlsberg's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Carlsberg financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Carlsberg Stock history

Carlsberg 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 Carlsberg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carlsberg AS 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 Carlsberg stock prices may prove useful in developing a viable investing in Carlsberg
Carlsberg AS produces and sells beer and other beverage products in Western Europe, Eastern Europe, and Asia. The company was founded in 1847 and is based in Copenhagen, Denmark. CARLSBERG operates under Beverages - Brewers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 40000 people.

Carlsberg Stock Technical Analysis

Carlsberg 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 Carlsberg technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Carlsberg 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

Carlsberg Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Carlsberg AS 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.

Carlsberg December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Carlsberg stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carlsberg shares will generate the highest return on investment. By undertsting and applying Carlsberg stock market strength indicators, traders can identify Carlsberg AS entry and exit signals to maximize returns

Carlsberg Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Carlsberg's price direction in advance. Along with the technical and fundamental analysis of Carlsberg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Carlsberg 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.

Complementary Tools for Carlsberg Stock analysis

When running Carlsberg's price analysis, check to measure Carlsberg'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 Carlsberg is operating at the current time. Most of Carlsberg's value examination focuses on studying past and present price action to predict the probability of Carlsberg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carlsberg's price. Additionally, you may evaluate how the addition of Carlsberg to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing