China Merchants (China) Price on November 26, 2024
| 001979 Stock | 10.43 0.05 0.48% |
Below is the normalized historical share price chart for China Merchants Shekou extending back to June 07, 1993. 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 China Merchants stands at 10.43, as last reported on the 25th of December, with the highest price reaching 10.45 and the lowest price hitting 10.33 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. At this point, China Merchants is somewhat reliable. China Merchants Shekou secures Sharpe Ratio (or Efficiency) of 0.0086, which signifies that the company had a 0.0086% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China Merchants Shekou, which you can use to evaluate the volatility of the firm. Please confirm China Merchants' Mean Deviation of 2.29, risk adjusted performance of 0.0833, and Downside Deviation of 3.33 to double-check if the risk estimate we provide is consistent with the expected return of 0.0269%.
As of December 25, 2024, Total Stockholder Equity is expected to decline to about 88.6 B. In addition to that, Common Stock is expected to decline to about 8.6 B. China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 9.7586 | 50 Day MA 11.2128 | Beta 0.463 |
China |
Sharpe Ratio = 0.0086
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 001979 |
Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.03 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 China Merchants 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 China Merchants by adding China Merchants to a well-diversified portfolio.
Price Book 0.8568 | Enterprise Value Ebitda 16.0475 | Price Sales 0.5201 | Shares Float 3.2 B | Dividend Share 0.32 |
China Merchants Main Headline on 26th of November 2024
Shareholders in China Merchants Shekou Industrial Zone Holdi... by news.google.com
Shareholders in China Merchants Shekou Industrial Zone Holdings are in the red if they invested five years ago Simply Wall St
China Merchants Valuation on November 26, 2024
It is possible to determine the worth of China Merchants on a given historical date. On November 26, 2024 China was worth 10.61 at the beginning of the trading date compared to the closed value of 11.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Merchants stock. Still, in general, we apply an absolute valuation method to find China Merchants' 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 China Merchants where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Merchants' related companies.
| Open | High | Low | Close | Volume | |
| 10.55 | 10.82 | 10.38 | 10.66 | 77,811,618 | |
11/26/2024 | 10.61 | 11.29 | 10.60 | 11.06 | 125,499,150 |
| 11.00 | 11.50 | 10.90 | 11.39 | 130,805,112 |
| Backtest China Merchants | | | China Merchants History | | | China Merchants Valuation | Previous | Next |
China Merchants Trading Date Momentum on November 26, 2024
| On November 27 2024 China Merchants Shekou was traded for 11.39 at the closing time. The highest price during the trading period was 11.50 and the lowest recorded bid was listed for 10.90 . The volume for the day was 130.8 M. This history from November 27, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.98% . The overall trading delta to the current price is 2.53% . |
China Merchants Shekou Fundamentals Correlations and Trends
By evaluating China Merchants' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among China Merchants' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Merchants Stock history
China Merchants 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Merchants Shekou 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 China Merchants stock prices may prove useful in developing a viable investing in China Merchants
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9.1 B | 8.9 B | |
| Net Income Applicable To Common Shares | 2.8 B | 2.7 B |
China Merchants Quarterly Net Working Capital |
|
China Merchants Stock Technical Analysis
China Merchants 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
China Merchants Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
China Merchants Shekou 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.
China Merchants December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how China Merchants stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Merchants shares will generate the highest return on investment. By undertsting and applying China Merchants stock market strength indicators, traders can identify China Merchants Shekou entry and exit signals to maximize returns
China Merchants Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Merchants' price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | 0.0833 | |||
| Jensen Alpha | 0.2942 | |||
| Total Risk Alpha | 0.1567 | |||
| Sortino Ratio | 0.0791 | |||
| Treynor Ratio | 2.72 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Merchants' price analysis, check to measure China Merchants' 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 China Merchants is operating at the current time. Most of China Merchants' value examination focuses on studying past and present price action to predict the probability of China Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Merchants' price. Additionally, you may evaluate how the addition of China Merchants to your portfolios can decrease your overall portfolio volatility.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |