CITIC Guoan (China) Price on November 19, 2024
| 000839 Stock | 3.64 0.04 1.09% |
Below is the normalized historical share price chart for CITIC Guoan Information extending back to November 12, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of CITIC Guoan stands at 3.64, as last reported on the 3rd of December, with the highest price reaching 3.72 and the lowest price hitting 3.60 during the day.
If you're considering investing in CITIC Stock, it is important to understand the factors that can impact its price. CITIC Guoan appears to be very risky, given 3 months investment horizon. CITIC Guoan Information secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of volatility over the last 3 months. By reviewing CITIC Guoan's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please makes use of CITIC Guoan's risk adjusted performance of 0.1717, and Mean Deviation of 3.05 to double-check if our risk estimates are consistent with your expectations.
The current year's Common Stock is expected to grow to about 4.7 B, whereas Total Stockholder Equity is forecasted to decline to about 1.2 B. . CITIC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of September 1997 | 200 Day MA 2.4636 | 50 Day MA 3.0568 | Beta 0.476 |
CITIC |
Sharpe Ratio = 0.217
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 000839 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.28 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average CITIC Guoan is performing at about 17% 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 CITIC Guoan by adding it to a well-diversified portfolio.
Price Book 10.5038 | Book Value 0.35 | Enterprise Value 15.1 B | Enterprise Value Ebitda 59.42 | Price Sales 4.2938 |
CITIC Guoan Valuation on November 19, 2024
It is possible to determine the worth of CITIC Guoan on a given historical date. On November 19, 2024 CITIC was worth 3.41 at the beginning of the trading date compared to the closed value of 3.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CITIC Guoan stock. Still, in general, we apply an absolute valuation method to find CITIC Guoan'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 CITIC Guoan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CITIC Guoan's related companies.
| Open | High | Low | Close | Volume | |
| 3.48 | 3.59 | 3.33 | 3.38 | 111,299,825 | |
11/19/2024 | 3.41 | 3.44 | 3.20 | 3.37 | 145,605,157 |
| 3.38 | 3.47 | 3.35 | 3.46 | 94,941,464 |
| Backtest CITIC Guoan | | | CITIC Guoan History | | | CITIC Guoan Valuation | Previous | Next |
CITIC Guoan Trading Date Momentum on November 19, 2024
| On November 20 2024 CITIC Guoan Information was traded for 3.46 at the closing time. The highest price during the trading period was 3.47 and the lowest recorded bid was listed for 3.35 . The volume for the day was 94.9 M. This history from November 20, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.67% . The overall trading delta to the current price is 2.97% . |
CITIC Guoan Information Fundamentals Correlations and Trends
By evaluating CITIC Guoan'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 CITIC Guoan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CITIC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CITIC Guoan Stock history
CITIC Guoan 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 CITIC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CITIC Guoan Information 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 CITIC Guoan stock prices may prove useful in developing a viable investing in CITIC Guoan
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.5 B | 3.1 B | |
| Net Loss | -1.2 B | -1.2 B |
CITIC Guoan Stock Technical Analysis
CITIC Guoan 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
CITIC Guoan Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
CITIC Guoan Information cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock 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.
CITIC Guoan December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how CITIC Guoan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CITIC Guoan shares will generate the highest return on investment. By undertsting and applying CITIC Guoan stock market strength indicators, traders can identify CITIC Guoan Information entry and exit signals to maximize returns
CITIC Guoan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CITIC Guoan's price direction in advance. Along with the technical and fundamental analysis of CITIC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CITIC 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 | 0.1717 | |||
| Jensen Alpha | 0.9357 | |||
| Total Risk Alpha | 0.257 | |||
| Sortino Ratio | 0.2061 | |||
| Treynor Ratio | (1.71) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for CITIC Stock analysis
When running CITIC Guoan's price analysis, check to measure CITIC Guoan'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 CITIC Guoan is operating at the current time. Most of CITIC Guoan's value examination focuses on studying past and present price action to predict the probability of CITIC Guoan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CITIC Guoan's price. Additionally, you may evaluate how the addition of CITIC Guoan to your portfolios can decrease your overall portfolio volatility.
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