City Development (China) Price on December 16, 2024

000885 Stock   13.40  0.18  1.36%   
Below is the normalized historical share price chart for City Development Environment extending back to March 19, 1999. 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 City Development stands at 13.40, as last reported on the 28th of December, with the highest price reaching 13.42 and the lowest price hitting 13.17 during the day.
IPO Date
2nd of December 1998
200 Day MA
12.3214
50 Day MA
13.3816
Beta
0.519
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in City Stock, it is important to understand the factors that can impact its price. At this point, City Development is not too volatile. City Development Env secures Sharpe Ratio (or Efficiency) of 0.0501, which signifies that the company had a 0.0501% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for City Development Environment, which you can use to evaluate the volatility of the firm. Please confirm City Development's Downside Deviation of 2.66, mean deviation of 1.86, and Risk Adjusted Performance of 0.1227 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
  
The current year's Total Stockholder Equity is expected to grow to about 7.9 B, whereas Common Stock is forecasted to decline to about 372.7 M. . City Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0501

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Estimated Market Risk

 2.57
  actual daily
22
78% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average City Development is performing at about 3% 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 City Development by adding it to a well-diversified portfolio.
Price Book
1.0337
Enterprise Value Ebitda
10.7043
Price Sales
1.3386
Shares Float
211.9 M
Dividend Share
0.252

City Development Valuation on December 16, 2024

It is possible to determine the worth of City Development on a given historical date. On December 16, 2024 City was worth 13.69 at the beginning of the trading date compared to the closed value of 13.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of City Development stock. Still, in general, we apply an absolute valuation method to find City Development'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 City Development where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against City Development's related companies.
 Open High Low Close Volume
  13.94    14.05    13.67    13.68    6,625,849  
12/16/2024
  13.69    13.94    13.69    13.77    5,210,926  
  13.71    13.79    13.32    13.37    7,551,572  
Backtest City Development  |  City Development History  |  City Development Valuation   PreviousNext  
Open Value
13.69
13.77
Closing Value
21.40
Upside

City Development Trading Date Momentum on December 16, 2024

On December 17 2024 City Development Environment was traded for  13.37  at the closing time. The highest price during the trading period was 13.79  and the lowest recorded bid was listed for  13.32 . The volume for the day was 7.6 M. This history from December 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.90% . The overall trading delta to the current price is 3.78% .

City Development Env Fundamentals Correlations and Trends

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

About City Development Stock history

City Development 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 City is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in City Development Env 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 City Development stock prices may prove useful in developing a viable investing in City Development
Last ReportedProjected for Next Year
Common Stock Shares Outstanding738.4 M659.9 M
Net Income Applicable To Common Shares1.2 B1.3 B

City Development Stock Technical Analysis

City Development 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 City Development technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of City Development 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

City Development Period Price Range

Low
December 28, 2024
0.00  NaN%
High

 0.00 

     

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City Development Environment 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.

City Development December 28, 2024 Market Strength

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

City Development Technical and Predictive Indicators

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

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