Commerce Bancshares Stock Price on February 21, 2024
| CBSH Stock | USD 53.95 0.60 1.12% |
If you're considering investing in Commerce Stock, it is important to understand the factors that can impact its price. As of today, the current price of Commerce Bancshares stands at 53.95, as last reported on the 12th of June 2024, with the highest price reaching 54.84 and the lowest price hitting 53.52 during the day. We consider Commerce Bancshares very steady. Commerce Bancshares secures Sharpe Ratio (or Efficiency) of 0.0765, which signifies that the company had a 0.0765% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Commerce Bancshares, which you can use to evaluate the volatility of the firm. Please confirm Commerce Bancshares' Mean Deviation of 0.8601, risk adjusted performance of 0.0524, and Downside Deviation of 1.1 to double-check if the risk estimate we provide is consistent with the expected return of 0.0888%.
Commerce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Commerce |
Sharpe Ratio = 0.0765
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Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Commerce Bancshares is performing at about 5% 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 Commerce Bancshares by adding it to a well-diversified portfolio.
Commerce Bancshares Valuation on February 21, 2024
It is possible to determine the worth of Commerce Bancshares on a given historical date. On February 21, 2024 Commerce was worth 51.28 at the beginning of the trading date compared to the closed value of 51.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Commerce Bancshares stock. Still, in general, we apply an absolute valuation method to find Commerce Bancshares' 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 Commerce Bancshares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Commerce Bancshares' related companies.
| Open | High | Low | Close | Volume | |
| 51.04 | 51.77 | 50.88 | 50.88 | 331,124 | |
02/21/2024 | 51.28 | 51.54 | 50.76 | 51.00 | 336,537 |
| 51.56 | 51.80 | 51.09 | 51.09 | 311,992 |
| Backtest Commerce Bancshares | | | Commerce Bancshares History | | | Commerce Bancshares Valuation | Previous | Next |
Commerce Bancshares Trading Date Momentum on February 21, 2024
| On February 22 2024 Commerce Bancshares was traded for 51.09 at the closing time. The top price for the day was 51.80 and the lowest listed price was 51.09 . The trading volume for the day was 312 K. The trading history from February 22, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.18% . The overall trading delta against the current closing price is 2.14% . |
Commerce Bancshares Fundamentals Correlations and Trends
By evaluating Commerce Bancshares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Commerce Bancshares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Commerce financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Commerce Bancshares Stock history
Commerce Bancshares 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 Commerce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Commerce Bancshares 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 Commerce Bancshares stock prices may prove useful in developing a viable investing in Commerce Bancshares
Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri. Commerce Bancshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 4595 people.
Commerce Bancshares Stock Technical Analysis
Commerce Bancshares 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
Commerce Bancshares Period Price Range
Low | February 21, 2024
| High |
51.28 | 51.00 |
Commerce Bancshares June 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Commerce Bancshares stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Commerce Bancshares shares will generate the highest return on investment. By undertsting and applying Commerce Bancshares stock market strength indicators, traders can identify Commerce Bancshares entry and exit signals to maximize returns
| Accumulation Distribution | 5093.11 | |||
| Daily Balance Of Power | (0.36) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 51.15 | |||
| Day Typical Price | 51.1 | |||
| Price Action Indicator | (0.29) | |||
| Period Momentum Indicator | 2.95 |
Commerce Bancshares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Commerce Bancshares' price direction in advance. Along with the technical and fundamental analysis of Commerce Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Commerce 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 | 0.0524 | |||
| Jensen Alpha | 0.0766 | |||
| Total Risk Alpha | 0.0715 | |||
| Sortino Ratio | 0.0678 | |||
| Treynor Ratio | 0.1372 |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Commerce Stock analysis
When running Commerce Bancshares' price analysis, check to measure Commerce Bancshares' 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 Commerce Bancshares is operating at the current time. Most of Commerce Bancshares' value examination focuses on studying past and present price action to predict the probability of Commerce Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerce Bancshares' price. Additionally, you may evaluate how the addition of Commerce Bancshares to your portfolios can decrease your overall portfolio volatility.
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