CMC Corp (Vietnam) Price on September 15, 2023
| CMG Stock | 47,450 1,350 2.93% |
If you're considering investing in CMC Stock, it is important to understand the factors that can impact its price. As of today, the current price of CMC Corp stands at 47,450, as last reported on the 19th of January, with the highest price reaching 47,500 and the lowest price hitting 46,000 during the day. As of now, CMC Stock is very steady. CMC Corp retains Efficiency (Sharpe Ratio) of 0.0044, which signifies that the company had a 0.0044% return per unit of risk over the last 3 months. We have found thirty technical indicators for CMC Corp, which you can use to evaluate the volatility of the firm. Please confirm CMC Corp's market risk adjusted performance of 0.0538, and Coefficient Of Variation of 8123.09 to double-check if the risk estimate we provide is consistent with the expected return of 0.0115%.
CMC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CMC |
Sharpe Ratio = 0.0044
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Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CMC Corp 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 CMC Corp by adding CMC Corp to a well-diversified portfolio.
CMC Corp Valuation on September 15, 2023
It is possible to determine the worth of CMC Corp on a given historical date. On September 15, 2023 CMC was worth 34818.76 at the beginning of the trading date compared to the closed value of 34994.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CMC Corp stock. Still, in general, we apply an absolute valuation method to find CMC Corp'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 CMC Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CMC Corp's related companies.
| Open | High | Low | Close | Volume | |
| 34,994 | 35,135 | 33,730 | 34,784 | 704,332 | |
09/15/2023 | 34,819 | 34,994 | 34,292 | 34,994 | 50,570 |
| 34,503 | 34,503 | 34,081 | 34,292 | 19,752 |
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CMC Corp Trading Date Momentum on September 15, 2023
| On September 18 2023 CMC Corp was traded for 34,292 at the closing time. The maximum traded price for the trading interval was 34,503 and the lowest daily price was 34,081 . The daily volume was recorded at 19.8 K. The volume of trading on 18th of September 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.01% . The overall trading delta to the closing price today is 1.61% . |
Price Boundaries
CMC Corp Period Price Range
Low | January 19, 2025
| High |
0.00 | 0.00 |
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CMC Corp January 19, 2025 Market Strength
Market strength indicators help investors to evaluate how CMC Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CMC Corp shares will generate the highest return on investment. By undertsting and applying CMC Corp stock market strength indicators, traders can identify CMC Corp entry and exit signals to maximize returns
CMC Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CMC Corp's price direction in advance. Along with the technical and fundamental analysis of CMC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CMC 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.