Carpenter Technology Stock Price on October 23, 2020
| CRS Stock | USD 78.91 1.07 1.37% |
Below is the normalized historical share price chart for Carpenter Technology extending back to March 17, 1980. 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 Carpenter Technology stands at 78.91, as last reported on the 23rd of April, with the highest price reaching 79.02 and the lowest price hitting 75.73 during the day.
If you're considering investing in Carpenter Stock, it is important to understand the factors that can impact its price. Carpenter Technology appears to be very steady, given 3 months investment horizon. Carpenter Technology secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Carpenter Technology, which you can use to evaluate the volatility of the firm. Please makes use of Carpenter Technology's Mean Deviation of 1.79, downside deviation of 2.19, and Risk Adjusted Performance of 0.0847 to double-check if our risk estimates are consistent with your expectations.
At this time, Carpenter Technology's Sale Purchase Of Stock is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 19.8 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 48.4 M in 2024. . At this time, Carpenter Technology's Price Earnings Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 176.09 in 2024, whereas Price Book Value Ratio is likely to drop 1.34 in 2024. Carpenter Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of November 1987 | 200 Day MA 65.455 | 50 Day MA 69.2152 | Beta 1.55 |
Carpenter |
Sharpe Ratio = 0.1365
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Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Carpenter Technology is performing at about 10% 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 Carpenter Technology by adding it to a well-diversified portfolio.
Price Book 2.5984 | Enterprise Value Ebitda 11.9427 | Price Sales 1.4056 | Shares Float 48.2 M | Dividend Share 0.8 |
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 Carpenter Technology Stock history
Carpenter Technology 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 Carpenter is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carpenter Technology 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 Carpenter Technology stock prices may prove useful in developing a viable investing in Carpenter Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 56.6 M | 48.4 M | |
| Net Income Applicable To Common Shares | 50.8 M | 60.5 M |
Carpenter Technology Quarterly Net Working Capital |
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Carpenter Technology Stock Technical Analysis
Carpenter Technology 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
Carpenter Technology Period Price Range
Carpenter Technology April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Carpenter Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carpenter Technology shares will generate the highest return on investment. By undertsting and applying Carpenter Technology stock market strength indicators, traders can identify Carpenter Technology entry and exit signals to maximize returns
| Accumulation Distribution | 25833.99 | |||
| Daily Balance Of Power | 0.3252 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 77.38 | |||
| Day Typical Price | 77.89 | |||
| Price Action Indicator | 2.07 | |||
| Period Momentum Indicator | 1.07 |
Carpenter Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Carpenter Technology's price direction in advance. Along with the technical and fundamental analysis of Carpenter Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Carpenter 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 | 0.0847 | |||
| Jensen Alpha | 0.2526 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0918 | |||
| Treynor Ratio | 0.8753 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carpenter Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Carpenter Stock please use our How to Invest in Carpenter Technology guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Carpenter Stock analysis
When running Carpenter Technology's price analysis, check to measure Carpenter Technology'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 Carpenter Technology is operating at the current time. Most of Carpenter Technology's value examination focuses on studying past and present price action to predict the probability of Carpenter Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carpenter Technology's price. Additionally, you may evaluate how the addition of Carpenter Technology to your portfolios can decrease your overall portfolio volatility.
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Is Carpenter Technology'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 Carpenter Technology. If investors know Carpenter 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 Carpenter Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.8 | Dividend Share 0.8 | Earnings Share 2.89 | Revenue Per Share 55.43 | Quarterly Revenue Growth 0.078 |
The market value of Carpenter Technology is measured differently than its book value, which is the value of Carpenter that is recorded on the company's balance sheet. Investors also form their own opinion of Carpenter Technology's value that differs from its market value or its book value, called intrinsic value, which is Carpenter Technology'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 Carpenter Technology's market value can be influenced by many factors that don't directly affect Carpenter Technology'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 Carpenter Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carpenter Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carpenter Technology'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.