Carlsberg (Denmark) Price on March 14, 2024
| CARL-B Stock | DKK 956.00 20.00 2.05% |
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 956.00, as last reported on the 23rd of May, with the highest price reaching 976.40 and the lowest price hitting 953.60 during the day. Carlsberg AS secures Sharpe Ratio (or Efficiency) of -0.0011, which signifies that the company had a -0.0011% return per unit of risk over the last 3 months. Carlsberg AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carlsberg's Standard Deviation of 1.18, risk adjusted performance of 0.0045, and Mean Deviation of 0.8894 to double-check the risk estimate we provide.
Carlsberg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Carlsberg |
Sharpe Ratio = -0.0011
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Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Carlsberg is not performing at its full potential. However, 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 Carlsberg to a well-diversified portfolio.
Carlsberg Valuation on March 14, 2024
It is possible to determine the worth of Carlsberg on a given historical date. On March 14, 2024 Carlsberg was worth 927.6 at the beginning of the trading date compared to the closed value of 921.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carlsberg stock. Still, in general, we apply an absolute valuation method to find Carlsberg'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 Carlsberg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carlsberg's related companies.
| Open | High | Low | Close | Volume | |
| 922.20 | 928.00 | 920.20 | 926.20 | 151,878 | |
03/14/2024 | 927.60 | 935.80 | 919.60 | 921.20 | 173,537 |
| 920.80 | 925.60 | 914.80 | 920.80 | 336,534 |
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Carlsberg Trading Date Momentum on March 14, 2024
| On March 15 2024 Carlsberg AS was traded for 920.80 at the closing time. The highest price during the trading period was 925.60 and the lowest recorded bid was listed for 914.80 . The volume for the day was 336.5 K. This history from March 15, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.04% . The overall trading delta to the current price is 0.85% . |
Carlsberg AS Fundamentals Correlations and Trends
By evaluating Carlsberg'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 Carlsberg's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Carlsberg financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 Denmark and is traded on Copenhagen 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
Low | March 14, 2024
| High |
927.60 | 921.20 |
Carlsberg May 23, 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
| Accumulation Distribution | 3004.17 | |||
| Daily Balance Of Power | (0.40) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 927.7 | |||
| Day Typical Price | 925.53 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (9.70) | |||
| Period Momentum Indicator | 34.8 | |||
| Relative Strength Index | 51.32 |
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 | 0.0045 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 0.0774 |
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| Volume Indicators |
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 board of governors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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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