Cognex (Germany) Price on November 7, 2023

CGZ Stock  EUR 35.39  0.05  0.14%   
If you're considering investing in Cognex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cognex stands at 35.39, as last reported on the 30th of December, with the highest price reaching 35.39 and the lowest price hitting 35.34 during the day. Cognex secures Sharpe Ratio (or Efficiency) of -0.0089, which signifies that the company had a -0.0089% return per unit of risk over the last 3 months. Cognex exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cognex's Mean Deviation of 1.45, downside deviation of 1.62, and Risk Adjusted Performance of 0.0151 to double-check the risk estimate we provide.
  
Cognex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0089

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Estimated Market Risk

 1.95
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cognex 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 Cognex by adding Cognex to a well-diversified portfolio.

Cognex Valuation on November 7, 2023

It is possible to determine the worth of Cognex on a given historical date. On November 7, 2023 Cognex was worth 32.86 at the beginning of the trading date compared to the closed value of 32.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cognex stock. Still, in general, we apply an absolute valuation method to find Cognex'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 Cognex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cognex's related companies.
 Open High Low Close Volume
  33.16    33.41    33.16    33.41    15.00  
11/07/2023
  32.86    32.86    32.86    32.86    1.00  
  33.70    33.70    33.70    33.70    1.00  
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Open Value
32.86
32.86
Closing Value
38.72
Upside

Cognex Trading Date Momentum on November 7, 2023

On November 08 2023 Cognex was traded for  33.70  at the closing time. The highest daily price throughout the period was 33.70  and the lowest price was  33.70 . There was no trading activity during the period 1.0. Lack of trading volume on 11/08/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 2.56% . The overall trading delta to current closing price is 1.43% .

Cognex Fundamentals Correlations and Trends

By evaluating Cognex'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 Cognex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cognex financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cognex Stock history

Cognex 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 Cognex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cognex 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 Cognex stock prices may prove useful in developing a viable investing in Cognex
Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes worldwide. The company was founded in 1981 and is headquartered in Natick, Massachusetts. COGNEX CORP operates under Scientific Technical Instruments classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2124 people.

Cognex Stock Technical Analysis

Cognex 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.
A focus of Cognex technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cognex trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cognex Period Price Range

Low
December 30, 2024
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High

 0.00 

     

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Cognex 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.

Cognex December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Cognex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cognex shares will generate the highest return on investment. By undertsting and applying Cognex stock market strength indicators, traders can identify Cognex entry and exit signals to maximize returns

Cognex Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cognex's price direction in advance. Along with the technical and fundamental analysis of Cognex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cognex 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.

Complementary Tools for Cognex Stock analysis

When running Cognex's price analysis, check to measure Cognex'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 Cognex is operating at the current time. Most of Cognex's value examination focuses on studying past and present price action to predict the probability of Cognex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognex's price. Additionally, you may evaluate how the addition of Cognex to your portfolios can decrease your overall portfolio volatility.
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