Close Loop (Australia) Price on August 26, 2024
| CLG Stock | 0.24 0.01 4.35% |
If you're considering investing in Close Stock, it is important to understand the factors that can impact its price. As of today, the current price of Close Loop stands at 0.24, as last reported on the 6th of January, with the highest price reaching 0.24 and the lowest price hitting 0.23 during the day. Close Loop appears to be out of control, given 3 months investment horizon. Close The Loop secures Sharpe Ratio (or Efficiency) of 0.0857, which signifies that the company had a 0.0857% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Close The Loop, which you can use to evaluate the volatility of the firm. Please makes use of Close Loop's Risk Adjusted Performance of 0.0778, downside deviation of 6.02, and Mean Deviation of 2.89 to double-check if our risk estimates are consistent with your expectations.
Close Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Close |
Sharpe Ratio = 0.0857
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.63 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Close Loop is performing at about 6% 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 Close Loop by adding it to a well-diversified portfolio.
Close Loop Valuation on August 26, 2024
It is possible to determine the worth of Close Loop on a given historical date. On August 26, 2024 Close was worth 0.3 at the beginning of the trading date compared to the closed value of 0.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Close Loop stock. Still, in general, we apply an absolute valuation method to find Close Loop'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 Close Loop where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Close Loop's related companies.
| Open | High | Low | Close | Volume | |
| 0.28 | 0.32 | 0.28 | 0.32 | 560,967 | |
08/26/2024 | 0.30 | 0.30 | 0.23 | 0.24 | 8,222,171 |
| 0.24 | 0.25 | 0.22 | 0.22 | 3,741,970 |
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Close Loop Trading Date Momentum on August 26, 2024
| On August 27 2024 Close The Loop was traded for 0.22 at the closing time. The maximum traded price for the trading interval was 0.25 and the lowest daily price was 0.22 . The daily volume was recorded at 3.7 M. The volume of trading on 27th of August 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 8.33% . The overall trading delta to the closing price today is 8.33% . |
Close The Loop Fundamentals Correlations and Trends
By evaluating Close Loop'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 Close Loop's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Close financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Close Loop Stock history
Close Loop 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 Close is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Close The Loop 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 Close Loop stock prices may prove useful in developing a viable investing in Close Loop
Close Loop Stock Technical Analysis
Close Loop 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
Close Loop Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Close The Loop 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.
Close Loop January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Close Loop stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Close Loop shares will generate the highest return on investment. By undertsting and applying Close Loop stock market strength indicators, traders can identify Close The Loop entry and exit signals to maximize returns
Close Loop Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Close Loop's price direction in advance. Along with the technical and fundamental analysis of Close Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Close 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 | 0.0778 | |||
| Jensen Alpha | 0.3922 | |||
| Total Risk Alpha | 0.3163 | |||
| Sortino Ratio | 0.0622 | |||
| Treynor Ratio | (0.86) |
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Additional Tools for Close Stock Analysis
When running Close Loop's price analysis, check to measure Close Loop'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 Close Loop is operating at the current time. Most of Close Loop's value examination focuses on studying past and present price action to predict the probability of Close Loop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Close Loop's price. Additionally, you may evaluate how the addition of Close Loop to your portfolios can decrease your overall portfolio volatility.