Cornish Metals (UK) Price on August 16, 2024
| CUSN Stock | 8.50 0.20 2.30% |
If you're considering investing in Cornish Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cornish Metals stands at 8.50, as last reported on the 1st of December, with the highest price reaching 8.70 and the lowest price hitting 8.40 during the day. Cornish Metals appears to be slightly risky, given 3 months investment horizon. Cornish Metals secures Sharpe Ratio (or Efficiency) 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-nine technical indicators for Cornish Metals, which you can use to evaluate the volatility of the firm. Please makes use of Cornish Metals' Risk Adjusted Performance of 0.0879, mean deviation of 2.46, and Downside Deviation of 3.81 to double-check if our risk estimates are consistent with your expectations.
At this time, Cornish Metals' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 562 M in 2024, whereas Sale Purchase Of Stock is likely to drop slightly above 1.6 M in 2024. . Cornish Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cornish |
Sharpe Ratio = 0.108
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Estimated Market Risk
| 3.48 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.38 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 Cornish Metals 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 Cornish Metals by adding it to a well-diversified portfolio.
Price Book 0.8493 | Book Value 0.168 | Enterprise Value 10.9 M | Enterprise Value Ebitda (8.66) | Shares Float 451.8 M |
Cornish Metals Valuation on August 16, 2024
It is possible to determine the worth of Cornish Metals on a given historical date. On August 16, 2024 Cornish was worth 6.65 at the beginning of the trading date compared to the closed value of 6.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cornish Metals stock. Still, in general, we apply an absolute valuation method to find Cornish Metals' 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 Cornish Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cornish Metals' related companies.
| Open | High | Low | Close | Volume | |
| 5.95 | 6.94 | 5.90 | 6.65 | 3,206,614 | |
08/16/2024 | 6.65 | 7.20 | 6.60 | 6.98 | 1,206,642 |
| 7.10 | 8.40 | 6.90 | 8.36 | 5,855,146 |
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Cornish Metals Trading Date Momentum on August 16, 2024
| On August 19 2024 Cornish Metals was traded for 8.36 at the closing time. The highest price during the trading period was 8.40 and the lowest recorded bid was listed for 6.90 . The volume for the day was 5.9 M. This history from August 19, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 19.77% . The overall trading delta to the current price is 10.17% . |
Cornish Metals Fundamentals Correlations and Trends
By evaluating Cornish Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cornish Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cornish financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cornish Metals Stock history
Cornish Metals 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 Cornish is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cornish Metals 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 Cornish Metals stock prices may prove useful in developing a viable investing in Cornish Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 535.3 M | 562 M | |
| Net Loss | -1.1 M | -1.2 M |
Cornish Metals Quarterly Net Working Capital |
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Cornish Metals Stock Technical Analysis
Cornish Metals 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
Cornish Metals Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Cornish Metals cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.
Cornish Metals December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Cornish Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cornish Metals shares will generate the highest return on investment. By undertsting and applying Cornish Metals stock market strength indicators, traders can identify Cornish Metals entry and exit signals to maximize returns
Cornish Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cornish Metals' price direction in advance. Along with the technical and fundamental analysis of Cornish Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cornish 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 | 0.0879 | |||
| Jensen Alpha | 0.3512 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0597 | |||
| Treynor Ratio | 12.63 |
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Additional Tools for Cornish Stock Analysis
When running Cornish Metals' price analysis, check to measure Cornish Metals' 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 Cornish Metals is operating at the current time. Most of Cornish Metals' value examination focuses on studying past and present price action to predict the probability of Cornish Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cornish Metals' price. Additionally, you may evaluate how the addition of Cornish Metals to your portfolios can decrease your overall portfolio volatility.