Commerzbank (Germany) Price on September 20, 2024
| CBK Stock | 15.25 0.32 2.06% |
If you're considering investing in Commerzbank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Commerzbank stands at 15.25, as last reported on the 22nd of December, with the highest price reaching 15.45 and the lowest price hitting 15.15 during the day. Currently, Commerzbank AG is not too volatile. Commerzbank AG secures Sharpe Ratio (or Efficiency) of 0.0367, which signifies that the company had a 0.0367% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Commerzbank AG, which you can use to evaluate the volatility of the firm. Please confirm Commerzbank's Mean Deviation of 1.2, standard deviation of 1.76, and Risk Adjusted Performance of (0.01) to double-check if the risk estimate we provide is consistent with the expected return of 0.0591%.
Commerzbank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Commerzbank |
Sharpe Ratio = 0.0367
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Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Commerzbank is performing at about 2% 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 Commerzbank by adding it to a well-diversified portfolio.
Commerzbank Valuation on September 20, 2024
It is possible to determine the worth of Commerzbank on a given historical date. On September 20, 2024 Commerzbank was worth 15.58 at the beginning of the trading date compared to the closed value of 15.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Commerzbank stock. Still, in general, we apply an absolute valuation method to find Commerzbank'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 Commerzbank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Commerzbank's related companies.
| Open | High | Low | Close | Volume | |
| 15.76 | 15.79 | 15.47 | 15.60 | 6,383,081 | |
09/20/2024 | 15.58 | 15.71 | 15.31 | 15.68 | 8,260,463 |
| 14.90 | 15.81 | 14.54 | 14.79 | 19,072,250 |
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Commerzbank Trading Date Momentum on September 20, 2024
| On September 23 2024 Commerzbank AG was traded for 14.79 at the closing time. The highest price during the trading period was 15.81 and the lowest recorded bid was listed for 14.54 . The volume for the day was 19.1 M. This history from September 23, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 5.68% . The overall trading delta to the current price is 4.91% . |
Commerzbank AG Fundamentals Correlations and Trends
By evaluating Commerzbank'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 Commerzbank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Commerzbank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Commerzbank Stock history
Commerzbank 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 Commerzbank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Commerzbank AG 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 Commerzbank stock prices may prove useful in developing a viable investing in Commerzbank
Commerzbank Stock Technical Analysis
Commerzbank 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
Commerzbank Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Commerzbank AG cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA 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.
Commerzbank December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Commerzbank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Commerzbank shares will generate the highest return on investment. By undertsting and applying Commerzbank stock market strength indicators, traders can identify Commerzbank AG entry and exit signals to maximize returns
Commerzbank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Commerzbank's price direction in advance. Along with the technical and fundamental analysis of Commerzbank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Commerzbank 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 | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.0611 |
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Additional Tools for Commerzbank Stock Analysis
When running Commerzbank's price analysis, check to measure Commerzbank'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 Commerzbank is operating at the current time. Most of Commerzbank's value examination focuses on studying past and present price action to predict the probability of Commerzbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerzbank's price. Additionally, you may evaluate how the addition of Commerzbank to your portfolios can decrease your overall portfolio volatility.