CBrain AS (Denmark) Price on April 3, 2024
| CBRAIN Stock | DKK 208.00 1.00 0.48% |
If you're considering investing in CBrain Stock, it is important to understand the factors that can impact its price. As of today, the current price of CBrain AS stands at 208.00, as last reported on the 1st of December, with the highest price reaching 209.00 and the lowest price hitting 204.00 during the day. At this point, CBrain AS is very steady. cBrain AS secures Sharpe Ratio (or Efficiency) of 0.0446, which signifies that the company had a 0.0446% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for cBrain AS, which you can use to evaluate the volatility of the entity. Please confirm CBrain AS's Semi Deviation of 2.3, downside deviation of 2.4, and Risk Adjusted Performance of 0.032 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
CBrain Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CBrain |
Sharpe Ratio = 0.0446
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | CBRAIN | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average CBrain AS is performing at about 3% 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 CBrain AS by adding it to a well-diversified portfolio.
CBrain AS Valuation on April 3, 2024
It is possible to determine the worth of CBrain AS on a given historical date. On April 3, 2024 CBrain was worth 360.0 at the beginning of the trading date compared to the closed value of 352.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CBrain AS stock. Still, in general, we apply an absolute valuation method to find CBrain AS'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 CBrain AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CBrain AS's related companies.
| Open | High | Low | Close | Volume | |
| 380.00 | 383.00 | 361.00 | 361.00 | 38,761 | |
04/03/2024 | 360.00 | 362.50 | 346.00 | 352.50 | 60,165 |
| 352.50 | 359.50 | 352.50 | 355.00 | 17,872 |
| Backtest CBrain AS | | | CBrain AS History | | | CBrain AS Valuation | Previous | Next |
CBrain AS Trading Date Momentum on April 3, 2024
| On April 04 2024 cBrain AS was traded for 355.00 at the closing time. The highest price during the trading period was 359.50 and the lowest recorded bid was listed for 352.50 . The volume for the day was 17.9 K. This history from April 4, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.71% . The trading date delta to the current price is 4.26% . |
cBrain AS Fundamentals Correlations and Trends
By evaluating CBrain AS'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 CBrain AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CBrain financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CBrain AS Stock history
CBrain AS 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 CBrain is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in cBrain 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 CBrain AS stock prices may prove useful in developing a viable investing in CBrain AS
cBrain AS, a software company, develops software for government, unions, and private knowledge firms in Denmark. The company was founded in 2002 and is based in Copenhagen, Denmark. cBrain AS operates under Software Providers classification in Denmark and is traded on Copenhagen Stock Exchange.
CBrain AS Stock Technical Analysis
CBrain AS 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
CBrain AS Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
cBrain AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
CBrain AS December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how CBrain AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CBrain AS shares will generate the highest return on investment. By undertsting and applying CBrain AS stock market strength indicators, traders can identify cBrain AS entry and exit signals to maximize returns
CBrain AS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CBrain AS's price direction in advance. Along with the technical and fundamental analysis of CBrain Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CBrain 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 | 0.032 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0878 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for CBrain Stock analysis
When running CBrain AS's price analysis, check to measure CBrain AS'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 CBrain AS is operating at the current time. Most of CBrain AS's value examination focuses on studying past and present price action to predict the probability of CBrain AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CBrain AS's price. Additionally, you may evaluate how the addition of CBrain AS to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |