Creative Global Technology Stock Price on September 24, 2024
| CGTL Stock | 8.00 0.10 1.23% |
If you're considering investing in Creative Stock, it is important to understand the factors that can impact its price. As of today, the current price of Creative Global stands at 8.00, as last reported on the 20th of December, with the highest price reaching 8.65 and the lowest price hitting 7.00 during the day. Creative Global is out of control given 3 months investment horizon. Creative Global Tech secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 60.33% are justified by taking the suggested risk. Use Creative Global risk adjusted performance of 0.2988, and Mean Deviation of 9.15 to evaluate company specific risk that cannot be diversified away.
Creative Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Creative |
Sharpe Ratio = 0.2568
| Best Portfolio | Best Equity | CGTL | ||
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Estimated Market Risk
| 234.87 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Creative Global is performing at about 20% 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 Creative Global by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Creative Global Stock history
Creative Global 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 Creative is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Creative Global Tech 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 Creative Global stock prices may prove useful in developing a viable investing in Creative Global
Creative Global Stock Technical Analysis
Creative Global 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
Creative Global Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
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Creative Global December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Creative Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Creative Global shares will generate the highest return on investment. By undertsting and applying Creative Global stock market strength indicators, traders can identify Creative Global Technology entry and exit signals to maximize returns
Creative Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Creative Global's price direction in advance. Along with the technical and fundamental analysis of Creative Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Creative 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 | 0.2988 | |||
| Jensen Alpha | 4.76 | |||
| Total Risk Alpha | 4.37 | |||
| Treynor Ratio | 52.48 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Creative Global Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Wholesale space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Creative Global. If investors know Creative will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Creative Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Creative Global Tech is measured differently than its book value, which is the value of Creative that is recorded on the company's balance sheet. Investors also form their own opinion of Creative Global's value that differs from its market value or its book value, called intrinsic value, which is Creative Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Creative Global's market value can be influenced by many factors that don't directly affect Creative Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Creative Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Creative Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Creative Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.