Change Financial (Australia) Price on November 27, 2024
| CCA Stock | 0.06 0 6.25% |
Below is the normalized historical share price chart for Change Financial Limited extending back to June 30, 2016. 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 Change Financial stands at 0.06, as last reported on the 23rd of December, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day.
If you're considering investing in Change Stock, it is important to understand the factors that can impact its price. Change Financial secures Sharpe Ratio (or Efficiency) of -0.0803, which signifies that the company had a -0.0803% return per unit of standard deviation over the last 3 months. Change Financial Limited exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Change Financial's risk adjusted performance of (0.06), and Mean Deviation of 2.54 to double-check the risk estimate we provide.
At this time, Change Financial's Other Stockholder Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 61 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 37.5 M in 2024. . Change Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0693 | 50 Day MA 0.0686 | Beta 0.912 |
Change |
Sharpe Ratio = -0.0803
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| Negative Returns | CCA |
Estimated Market Risk
| 3.51 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Change Financial 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 Change Financial by adding Change Financial to a well-diversified portfolio.
Price Book 4.4439 | Enterprise Value Ebitda (13.79) | Price Sales 3.8737 | Shares Float 377.5 M | Wall Street Target Price 0.149 |
Change Financial Valuation on November 27, 2024
It is possible to determine the worth of Change Financial on a given historical date. On November 27, 2024 Change was worth 0.067 at the beginning of the trading date compared to the closed value of 0.066. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Change Financial stock. Still, in general, we apply an absolute valuation method to find Change Financial'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 Change Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Change Financial's related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.07 | 0.07 | 0.07 | 301,510 | |
11/27/2024 | 0.07 | 0.07 | 0.07 | 0.07 | 295,953 |
| 0.07 | 0.07 | 0.07 | 0.07 | 222,887 |
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Change Financial Trading Date Momentum on November 27, 2024
| On November 28 2024 Change Financial Limited was traded for 0.07 at the closing time. The maximum traded price for the trading interval was 0.07 and the lowest daily price was 0.07 . The daily volume was recorded at 222.9 K. The volume of trading on 28th of November 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 1.52% . The overall trading delta to the closing price today is 4.55% . |
Change Financial Fundamentals Correlations and Trends
By evaluating Change Financial'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 Change Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Change financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Change Financial Stock history
Change Financial 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 Change is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Change Financial 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 Change Financial stock prices may prove useful in developing a viable investing in Change Financial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 627.7 M | 659 M | |
| Net Loss | -3.4 M | -3.5 M |
Change Financial Stock Technical Analysis
Change Financial 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
Change Financial Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Change Financial Limited 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.
Change Financial December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Change Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Change Financial shares will generate the highest return on investment. By undertsting and applying Change Financial stock market strength indicators, traders can identify Change Financial Limited entry and exit signals to maximize returns
Change Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Change Financial's price direction in advance. Along with the technical and fundamental analysis of Change Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Change 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 | (0.06) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.5051 |
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Additional Tools for Change Stock Analysis
When running Change Financial's price analysis, check to measure Change Financial'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 Change Financial is operating at the current time. Most of Change Financial's value examination focuses on studying past and present price action to predict the probability of Change Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Change Financial's price. Additionally, you may evaluate how the addition of Change Financial to your portfolios can decrease your overall portfolio volatility.