Carlsberg (Germany) Price on June 11, 2018
| CBGA Stock | EUR 148.50 2.00 1.37% |
If you're considering investing in Carlsberg Stock, it is important to understand the factors that can impact its price. As of today, the current price of Carlsberg stands at 148.50, as last reported on the 18th of April 2024, with the highest price reaching 148.50 and the lowest price hitting 146.50 during the day. We consider Carlsberg very steady. Carlsberg AS secures Sharpe Ratio (or Efficiency) of 0.047, which signifies that the company had a 0.047% return per unit of risk over the last 3 months. We have found thirty technical indicators for Carlsberg AS, which you can use to evaluate the volatility of the firm. Please confirm Carlsberg's Risk Adjusted Performance of 0.0477, mean deviation of 1.58, and Downside Deviation of 2.03 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
Carlsberg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Carlsberg |
Sharpe Ratio = 0.047
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| Cash | Small Risk | CBGA | High Risk | Huge Risk |
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Estimated Market Risk
| 2.81 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Carlsberg is performing at about 3% 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 Carlsberg by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Carlsberg Stock history
Carlsberg 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 Carlsberg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carlsberg AS 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 Carlsberg stock prices may prove useful in developing a viable investing in Carlsberg
Carlsberg AS produces and sells beer and other beverage products in Western Europe, Eastern Europe, and Asia. The company was founded in 1847 and is based in Copenhagen, Denmark. CARLSBERG operates under Beverages - Brewers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 40000 people.
Carlsberg Stock Technical Analysis
Carlsberg 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
Carlsberg Period Price Range
Carlsberg April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Carlsberg stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carlsberg shares will generate the highest return on investment. By undertsting and applying Carlsberg stock market strength indicators, traders can identify Carlsberg AS entry and exit signals to maximize returns
Carlsberg Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Carlsberg's price direction in advance. Along with the technical and fundamental analysis of Carlsberg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Carlsberg 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 | 0.0477 | |||
| Jensen Alpha | 0.1763 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0599 | |||
| Treynor Ratio | (0.84) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carlsberg AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Carlsberg AS information on this page should be used as a complementary analysis to other Carlsberg's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Carlsberg Stock analysis
When running Carlsberg's price analysis, check to measure Carlsberg'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 Carlsberg is operating at the current time. Most of Carlsberg's value examination focuses on studying past and present price action to predict the probability of Carlsberg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carlsberg's price. Additionally, you may evaluate how the addition of Carlsberg to your portfolios can decrease your overall portfolio volatility.
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