Carmat (France) Price on September 29, 2023
ALCAR Stock | EUR 1.05 0.08 8.25% |
If you're considering investing in Carmat Stock, it is important to understand the factors that can impact its price. As of today, the current price of Carmat stands at 1.05, as last reported on the 24th of December, with the highest price reaching 1.06 and the lowest price hitting 0.97 during the day. Carmat secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Carmat exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carmat's Mean Deviation of 3.55, risk adjusted performance of (0.08), and Standard Deviation of 5.24 to double-check the risk estimate we provide.
Carmat Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Carmat |
Sharpe Ratio = -0.1097
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Estimated Market Risk
5.32 actual daily | 47 53% of assets are more volatile |
Expected Return
-0.58 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Carmat 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 Carmat by adding Carmat to a well-diversified portfolio.
Carmat Valuation on September 29, 2023
It is possible to determine the worth of Carmat on a given historical date. On September 29, 2023 Carmat was worth 4.07 at the beginning of the trading date compared to the closed value of 4.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carmat stock. Still, in general, we apply an absolute valuation method to find Carmat'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 Carmat where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carmat's related companies.
Open | High | Low | Close | Volume | |
5.07 | 5.07 | 4.01 | 4.10 | 318,802 | |
09/29/2023 | 4.07 | 4.55 | 4.05 | 4.49 | 95,000 |
4.60 | 4.83 | 4.56 | 4.63 | 61,493 |
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Carmat Trading Date Momentum on September 29, 2023
On October 02 2023 Carmat was traded for 4.63 at the closing time. The highest price during the trading period was 4.83 and the lowest recorded bid was listed for 4.56 . The volume for the day was 61.5 K. This history from October 2, 2023 contributed to the next trading day price gain. The overall trading delta to the next closing price was 3.12% . The overall trading delta to the current price is 6.46% . |
Carmat Fundamentals Correlations and Trends
By evaluating Carmat'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 Carmat's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Carmat financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Carmat Stock history
Carmat 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 Carmat is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carmat 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 Carmat stock prices may prove useful in developing a viable investing in Carmat
Carmat SA designs and develops total artificial heart for people suffering from end-stage biventricular heart failure in France and internationally. The company was founded in 2008 and is based in Vlizy-Villacoublay, France. CARMAT operates under Medical Instruments Supplies classification in France and is traded on Paris Stock Exchange. It employs 81 people.
Carmat Stock Technical Analysis
Carmat 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
Carmat Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Carmat cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Carmat December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Carmat stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carmat shares will generate the highest return on investment. By undertsting and applying Carmat stock market strength indicators, traders can identify Carmat entry and exit signals to maximize returns
Carmat Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Carmat's price direction in advance. Along with the technical and fundamental analysis of Carmat Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Carmat 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 | (0.08) | |||
Jensen Alpha | (0.57) | |||
Total Risk Alpha | (0.73) | |||
Treynor Ratio | 3.26 |
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Volume Indicators |
Additional Tools for Carmat Stock Analysis
When running Carmat's price analysis, check to measure Carmat'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 Carmat is operating at the current time. Most of Carmat's value examination focuses on studying past and present price action to predict the probability of Carmat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carmat's price. Additionally, you may evaluate how the addition of Carmat to your portfolios can decrease your overall portfolio volatility.