CHAMPION BREWERIES (Nigeria) Price on November 19, 2024
| CHAMPION | 3.90 0.04 1.04% |
If you're considering investing in CHAMPION Stock, it is important to understand the factors that can impact its price. As of today, the current price of CHAMPION BREWERIES stands at 3.90, as last reported on the 16th of December 2024, with the highest price reaching 3.90 and the lowest price hitting 3.90 during the day. CHAMPION BREWERIES appears to be unstable, given 3 months investment horizon. CHAMPION BREWERIES PLC retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for CHAMPION BREWERIES, which you can use to evaluate the volatility of the firm. Please makes use of CHAMPION BREWERIES's market risk adjusted performance of (11.48), and Coefficient Of Variation of 725.89 to double-check if our risk estimates are consistent with your expectations.
CHAMPION Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CHAMPION |
Sharpe Ratio = 0.108
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Estimated Market Risk
| 3.38 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average CHAMPION BREWERIES is performing at about 8% 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 CHAMPION BREWERIES by adding it to a well-diversified portfolio.
CHAMPION BREWERIES Valuation on November 19, 2024
It is possible to determine the worth of CHAMPION BREWERIES on a given historical date. On November 19, 2024 CHAMPION was worth 3.52 at the beginning of the trading date compared to the closed value of 3.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CHAMPION BREWERIES stock. Still, in general, we apply an absolute valuation method to find CHAMPION BREWERIES'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 CHAMPION BREWERIES where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CHAMPION BREWERIES's related companies.
| Open | High | Low | Close | Volume | |
| 3.78 | 3.78 | 3.52 | 3.52 | 820,163 | |
11/19/2024 | 3.52 | 3.85 | 3.52 | 3.70 | 795,060 |
| 3.70 | 3.70 | 3.70 | 3.70 | 168,072 |
| Backtest CHAMPION BREWERIES | | | CHAMPION BREWERIES History | Previous | Next |
CHAMPION BREWERIES Trading Date Momentum on November 19, 2024
| On November 20 2024 CHAMPION BREWERIES PLC was traded for 3.70 at the closing time. The highest price during the trading period was 3.70 and the lowest recorded bid was listed for 3.70 . The volume for the day was 168.1 K. This history from November 20, 2024 did not affect price variability. The overall trading delta to the current price is 0.27% . |
Price Boundaries
CHAMPION BREWERIES Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
CHAMPION BREWERIES PLC cannot be verified against its exchange. Please verify the symbol is currently traded on Nigerian 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.
CHAMPION BREWERIES December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how CHAMPION BREWERIES stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CHAMPION BREWERIES shares will generate the highest return on investment. By undertsting and applying CHAMPION BREWERIES stock market strength indicators, traders can identify CHAMPION BREWERIES PLC entry and exit signals to maximize returns
CHAMPION BREWERIES Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CHAMPION BREWERIES's price direction in advance. Along with the technical and fundamental analysis of CHAMPION Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CHAMPION 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.