CAC Next (France) Price on October 21, 2024
CN20 Index | 10,780 161.37 1.47% |
Below is the normalized historical share price chart for CAC Next 20 extending back to January 04, 1999. 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 CAC Next stands at 10,780, as last reported on the 19th of December, with the highest price reaching 10,854 and the lowest price hitting 10,764 during the day.
If you're considering investing in CAC Index, it is important to understand the factors that can impact its price. CAC Next 20 retains Efficiency (Sharpe Ratio) of -0.025, which signifies that the index had a -0.025% return per unit of risk over the last 3 months. CAC Next exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. CAC Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.025
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Estimated Market Risk
0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CAC Next 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 CAC Next by adding CAC Next to a well-diversified portfolio.
CAC Next Valuation on October 21, 2024
It is possible to determine the worth of CAC Next on a given historical date. On October 21, 2024 CAC was worth 11401.73 at the beginning of the trading date compared to the closed value of 11262.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CAC Next index. Still, in general, we apply an absolute valuation method to find CAC Next'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 CAC Next where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CAC Next's related companies.
Open | High | Low | Close | Volume | |
11,388 | 11,415 | 11,380 | 11,415 | 8,268,139 | |
10/21/2024 | 11,402 | 11,402 | 11,250 | 11,262 | 7,065,606 |
11,239 | 11,247 | 11,158 | 11,247 | 7,478,689 |
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CAC Next Trading Date Momentum on October 21, 2024
On October 22 2024 CAC Next 20 was traded for 11,247 at the closing time. The highest price during the trading period was 11,247 and the lowest recorded bid was listed for 11,158 . The volume for the day was 7.5 M. This history from October 22, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.14% . The overall trading delta to the current price is 2.17% . |
Price Boundaries
CAC Next Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
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CAC Next December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how CAC Next index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CAC Next shares will generate the highest return on investment. By undertsting and applying CAC Next index market strength indicators, traders can identify CAC Next 20 entry and exit signals to maximize returns
CAC Next Technical Drivers
CAC Next December 19, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CAC Next's price direction in advance. Along with the technical and fundamental analysis of CAC Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of CAC 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) | |||
Mean Deviation | 0.6234 | |||
Coefficient Of Variation | (1,301) | |||
Standard Deviation | 0.8272 | |||
Variance | 0.6842 | |||
Information Ratio | (0.12) | |||
Total Risk Alpha | (0.1) | |||
Maximum Drawdown | 3.6 | |||
Value At Risk | (1.44) | |||
Potential Upside | 1.18 | |||
Skewness | (0.25) | |||
Kurtosis | 0.4958 |
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Volume Indicators |