Commonwealth Bank (Australia) Today
| CBAPK Preferred Stock | 103.22 0.48 0.46% |
Performance19 of 100
| Odds Of DistressLess than 9
|
Commonwealth Bank is trading at 103.22 as of the 2nd of May 2024, a -0.46 percent decrease since the beginning of the trading day. The preferred stock's open price was 103.7. Commonwealth Bank has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Commonwealth Bank of are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of April 2024 and ending today, the 2nd of May 2024. Click here to learn more.
Moving together with Commonwealth Preferred Stock
| 0.85 | WBCPI | Westpac Banking Earnings Call This Week | PairCorr |
| 0.93 | CBAPJ | Commonwealth Bank | PairCorr |
Moving against Commonwealth Preferred Stock
| 0.41 | ATM | Aneka Tambang Tbk | PairCorr |
Follow Valuation Odds of Bankruptcy
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Commonwealth Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Commonwealth Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Commonwealth Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Banks-Diversified, Financial Services (View all Sectors) |
Commonwealth Bank of (CBAPK) is traded on Australian Securities Exchange in Australia and employs 48,860 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 167.46 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Commonwealth Bank's market, we take the total number of its shares issued and multiply it by Commonwealth Bank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Commonwealth Bank operates under Financial Services sector and is part of Banks-Diversified industry. The entity has 1.69 B outstanding shares.
Check Commonwealth Bank Probability Of Bankruptcy
Ownership AllocationCommonwealth Bank holds a total of 1.69 Billion outstanding shares. Almost 99.0 percent of Commonwealth Bank outstanding shares are held by general public with 0.83 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Commonwealth Ownership Details
Commonwealth Stock Price Odds Analysis
What are Commonwealth Bank's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Commonwealth Bank jumping above the current price in 90 days from now is about 5.78%. The Commonwealth Bank of probability density function shows the probability of Commonwealth Bank preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Commonwealth Bank has a beta of 0.0028 suggesting as returns on the market go up, Commonwealth Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Commonwealth Bank of will be expected to be much smaller as well. Additionally, commonwealth Bank of has an alpha of 0.0444, implying that it can generate a 0.0444 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Commonwealth Bank to move above the current price in 90 days from now is about 5.78 (This Commonwealth Bank of probability density function shows the probability of Commonwealth Preferred Stock to fall within a particular range of prices over 90 days) .
Commonwealth Bank Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Commonwealth Bank market risk premium is the additional return an investor will receive from holding Commonwealth Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Commonwealth Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Commonwealth Bank's alpha and beta are two of the key measurements used to evaluate Commonwealth Bank's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1751 | |||
| Standard Deviation | 0.2387 | |||
| Variance | 0.057 | |||
| Downside Variance | 0.0565 |
Commonwealth Stock Against Markets
Picking the right benchmark for Commonwealth Bank preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Commonwealth Bank preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Commonwealth Bank is critical whether you are bullish or bearish towards Commonwealth Bank of at a given time. Please also check how Commonwealth Bank's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Commonwealth Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Commonwealth Bank Corporate Management
Elected by the shareholders, the Commonwealth Bank's board of directors comprises two types of representatives: Commonwealth Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Commonwealth. The board's role is to monitor Commonwealth Bank's management team and ensure that shareholders' interests are well served. Commonwealth Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Commonwealth Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| LLB BA | Deputy Officer | Profile | |
| Sian Lewis | Group HR | Profile | |
| Matthew EMBA | MD CEO | Profile | |
| Mike VacyLyle | Group Banking | Profile | |
| Sinead Taylor | Chief Officer | Profile | |
| Melanie Kirk | Head Relations | Profile | |
| Gavin Munroe | Group Officer | Profile |
How to buy Commonwealth Preferred Stock?
Before investing in Commonwealth Bank, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Commonwealth Bank. To buy Commonwealth Bank preferred stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Commonwealth Bank. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Commonwealth Bank preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Commonwealth Bank of preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Commonwealth Bank of preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as Commonwealth Bank of, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Commonwealth Bank of?
The danger of trading Commonwealth Bank of is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Commonwealth Bank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Commonwealth Bank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Commonwealth Bank is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commonwealth Bank of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Commonwealth Preferred Stock analysis
When running Commonwealth Bank's price analysis, check to measure Commonwealth Bank'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 Commonwealth Bank is operating at the current time. Most of Commonwealth Bank's value examination focuses on studying past and present price action to predict the probability of Commonwealth Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commonwealth Bank's price. Additionally, you may evaluate how the addition of Commonwealth Bank to your portfolios can decrease your overall portfolio volatility.
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