Carrier Global (Germany) Price on July 10, 2023
4PN Stock | EUR 64.04 0.21 0.33% |
If you're considering investing in Carrier Stock, it is important to understand the factors that can impact its price. As of today, the current price of Carrier Global stands at 64.04, as last reported on the 22nd of December, with the highest price reaching 64.04 and the lowest price hitting 64.04 during the day. Carrier Global secures Sharpe Ratio (or Efficiency) of -0.0722, which signifies that the company had a -0.0722% return per unit of risk over the last 3 months. Carrier Global exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carrier Global's Standard Deviation of 2.0, risk adjusted performance of (0.05), and Mean Deviation of 1.35 to double-check the risk estimate we provide.
Carrier Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Carrier |
Sharpe Ratio = -0.0722
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 4PN |
Estimated Market Risk
2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Carrier Global 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 Carrier Global by adding Carrier Global to a well-diversified portfolio.
Carrier Global Valuation on July 10, 2023
It is possible to determine the worth of Carrier Global on a given historical date. On July 10, 2023 Carrier was worth 43.81 at the beginning of the trading date compared to the closed value of 45.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carrier Global stock. Still, in general, we apply an absolute valuation method to find Carrier Global'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 Carrier Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carrier Global's related companies.
Open | High | Low | Close | Volume | |
43.91 | 44.34 | 43.91 | 44.34 | 100.00 | |
07/10/2023 | 43.81 | 45.06 | 43.44 | 45.06 | 426.00 |
45.40 | 47.02 | 45.40 | 47.02 | 1,455 |
Backtest Carrier Global | | | Carrier Global History | | | Carrier Global Valuation | Previous | Next |
Carrier Global Trading Date Momentum on July 10, 2023
On July 11 2023 Carrier Global was traded for 47.02 at the closing time. The highest daily price throughout the period was 47.02 and the lowest price was 45.40 . The daily volume was 1.5 K. The net trading volume on 07/11/2023 added to the next day price rise. The daily price change to closing price of the next trading day was 4.35% . The overall trading delta to current closing price is 7.48% . |
Carrier Global Fundamentals Correlations and Trends
By evaluating Carrier Global'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 Carrier Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Carrier financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Carrier Global Stock history
Carrier Global 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 Carrier is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carrier Global 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 Carrier Global stock prices may prove useful in developing a viable investing in Carrier Global
Carrier Global Corporation provides heating, ventilating, and air conditioning , refrigeration, fire, security, and building automation technologies worldwide. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida. CARRIER GLBL operates under Building Products Equipment classification in Germany and is traded on Frankfurt Stock Exchange. It employs 56000 people.
Carrier Global Stock Technical Analysis
Carrier Global 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
Carrier Global Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Carrier Global cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Carrier Global December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Carrier Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carrier Global shares will generate the highest return on investment. By undertsting and applying Carrier Global stock market strength indicators, traders can identify Carrier Global entry and exit signals to maximize returns
Carrier Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Carrier Global's price direction in advance. Along with the technical and fundamental analysis of Carrier Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Carrier 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 | (0.05) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | (0.13) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Carrier Stock analysis
When running Carrier Global's price analysis, check to measure Carrier Global'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 Carrier Global is operating at the current time. Most of Carrier Global's value examination focuses on studying past and present price action to predict the probability of Carrier Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier Global's price. Additionally, you may evaluate how the addition of Carrier Global to your portfolios can decrease your overall portfolio volatility.
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |