Cms Energy Stock Price on March 8, 2024
| CMS Stock | USD 62.22 0.61 0.99% |
If you're considering investing in CMS Stock, it is important to understand the factors that can impact its price. As of today, the current price of CMS Energy stands at 62.22, as last reported on the 8th of May, with the highest price reaching 62.29 and the lowest price hitting 61.61 during the day. We consider CMS Energy very steady. CMS Energy secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of volatility over the last 3 months. We have found thirty technical indicators for CMS Energy, which you can use to evaluate the volatility of the firm. Please confirm CMS Energy's risk adjusted performance of 0.1125, and Mean Deviation of 0.801 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
CMS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CMS |
Sharpe Ratio = 0.1739
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Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average CMS Energy is performing at about 13% 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 CMS Energy by adding it to a well-diversified portfolio.
CMS Energy Valuation on March 8, 2024
It is possible to determine the worth of CMS Energy on a given historical date. On March 8, 2024 CMS was worth 60.33 at the beginning of the trading date compared to the closed value of 60.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CMS Energy stock. Still, in general, we apply an absolute valuation method to find CMS Energy'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 CMS Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CMS Energy's related companies.
| Open | High | Low | Close | Volume | |
| 60.75 | 60.87 | 59.88 | 60.08 | 2,298,063 | |
03/08/2024 | 60.33 | 60.49 | 59.74 | 60.26 | 1,959,683 |
| 60.31 | 60.79 | 59.82 | 60.47 | 1,596,097 |
| Backtest CMS Energy | | | CMS Energy History | | | CMS Energy Valuation | Previous | Next |
CMS Energy Trading Date Momentum on March 8, 2024
| On March 11 2024 CMS Energy was traded for 60.47 at the closing time. Highest CMS Energy's price during the trading hours was 60.79 and the lowest price during the day was 59.82 . The net volume was 1.6 M. The overall trading history on the 11th of March 2024 contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 0.35% . The overall trading delta to current price is 4.08% . |
CMS Energy Fundamentals Correlations and Trends
By evaluating CMS Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CMS Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CMS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CMS Energy Stock history
CMS Energy 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 CMS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CMS Energy 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 CMS Energy stock prices may prove useful in developing a viable investing in CMS Energy
CMS Energy Corporation operates as an energy company primarily in Michigan. The company was incorporated in 1987 and is headquartered in Jackson, Michigan. Cms Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 8504 people.
CMS Energy Stock Technical Analysis
CMS Energy 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
CMS Energy Period Price Range
Low | March 8, 2024
| High |
60.33 | 60.26 |
CMS Energy May 8, 2024 Market Strength
Market strength indicators help investors to evaluate how CMS Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CMS Energy shares will generate the highest return on investment. By undertsting and applying CMS Energy stock market strength indicators, traders can identify CMS Energy entry and exit signals to maximize returns
CMS Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CMS Energy's price direction in advance. Along with the technical and fundamental analysis of CMS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CMS 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 | 0.1125 | |||
| Jensen Alpha | 0.1551 | |||
| Total Risk Alpha | 0.0554 | |||
| Sortino Ratio | 0.0923 | |||
| Treynor Ratio | 0.8179 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMS Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. For more information on how to buy CMS Stock please use our How to Invest in CMS Energy guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for CMS Stock analysis
When running CMS Energy's price analysis, check to measure CMS Energy'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 CMS Energy is operating at the current time. Most of CMS Energy's value examination focuses on studying past and present price action to predict the probability of CMS Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMS Energy's price. Additionally, you may evaluate how the addition of CMS Energy to your portfolios can decrease your overall portfolio volatility.
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Is CMS Energy's industry 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 CMS Energy. If investors know CMS 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 CMS Energy 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 CMS Energy is measured differently than its book value, which is the value of CMS that is recorded on the company's balance sheet. Investors also form their own opinion of CMS Energy's value that differs from its market value or its book value, called intrinsic value, which is CMS Energy'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 CMS Energy's market value can be influenced by many factors that don't directly affect CMS Energy'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 CMS Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CMS Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CMS Energy'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.