Credit Enhanced Corts Stock Price on December 23, 2024
KTN Stock | USD 27.01 0.10 0.37% |
Below is the normalized historical share price chart for Credit Enhanced Corts extending back to January 12, 2001. 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 Credit Enhanced stands at 27.01, as last reported on the 23rd of December, with the highest price reaching 27.20 and the lowest price hitting 27.01 during the day.
If you're considering investing in Credit Stock, it is important to understand the factors that can impact its price. As of now, Credit Stock is very steady. Credit Enhanced Corts secures Sharpe Ratio (or Efficiency) of 0.0255, which signifies that the company had a 0.0255% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Credit Enhanced Corts, which you can use to evaluate the volatility of the firm. Please confirm Credit Enhanced's risk adjusted performance of 0.0155, and Mean Deviation of 0.4512 to double-check if the risk estimate we provide is consistent with the expected return of 0.0156%.
Credit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of December 2003 | 200 Day MA 26.8915 | 50 Day MA 27.1908 |
Credit |
Sharpe Ratio = 0.0255
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Estimated Market Risk
0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Credit Enhanced is performing at about 2% 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 Credit Enhanced by adding it to a well-diversified portfolio.
Wall Street Target Price 0.35 |
Credit Enhanced Valuation on December 23, 2024
It is possible to determine the worth of Credit Enhanced on a given historical date. On December 23, 2024 Credit was worth 27.11 at the beginning of the trading date compared to the closed value of 27.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Credit Enhanced stock. Still, in general, we apply an absolute valuation method to find Credit Enhanced'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 Credit Enhanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Credit Enhanced's related companies.
Open | High | Low | Close | Volume | |
27.18 | 27.20 | 27.01 | 27.01 | 1,701 | |
12/23/2024 | 27.11 | 27.20 | 27.01 | 27.01 | 0.00 |
27.11 | 27.20 | 27.01 | 27.01 | 0.00 |
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Credit Enhanced Trading Date Momentum on December 23, 2024
On December 23 2024 Credit Enhanced Corts was traded for 27.01 at the closing time. Highest Credit Enhanced's price during the trading hours was 27.20 and the lowest price during the day was 27.01 . There was no trading activity during the period 0.0. Lack of trading volume on the 23rd of December did not affect price variability. The overall trading delta to current price is 0.37% . |
About Credit Enhanced Stock history
Credit Enhanced 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 Credit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Credit Enhanced Corts 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 Credit Enhanced stock prices may prove useful in developing a viable investing in Credit Enhanced
Credit Enhanced Stock Technical Analysis
Credit Enhanced 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
Credit Enhanced Period Price Range
Low | December 23, 2024
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0.00 | 0.00 |
Credit Enhanced Corts cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
Credit Enhanced December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Credit Enhanced stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Credit Enhanced shares will generate the highest return on investment. By undertsting and applying Credit Enhanced stock market strength indicators, traders can identify Credit Enhanced Corts entry and exit signals to maximize returns
Credit Enhanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Credit Enhanced's price direction in advance. Along with the technical and fundamental analysis of Credit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Credit 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 | 0.0155 | |||
Jensen Alpha | 0.0011 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0296 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Credit Enhanced Corts. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Credit Enhanced. If investors know Credit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Credit Enhanced listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Credit Enhanced Corts is measured differently than its book value, which is the value of Credit that is recorded on the company's balance sheet. Investors also form their own opinion of Credit Enhanced's value that differs from its market value or its book value, called intrinsic value, which is Credit Enhanced's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Credit Enhanced's market value can be influenced by many factors that don't directly affect Credit Enhanced's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Credit Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credit Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credit Enhanced's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.