China Merchants (China) Price on November 29, 2024
| 001979 Stock | 10.15 0.08 0.78% |
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 10.15, as last reported on the 27th of December, with the highest price reaching 10.24 and the lowest price hitting 10.13 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Merchants Shekou secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. China Merchants Shekou exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Merchants' Mean Deviation of 2.22, downside deviation of 3.23, and Risk Adjusted Performance of 0.0449 to double-check the risk estimate we provide.
As of December 27, 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 9.7695 | 50 Day MA 11.1792 | Beta 0.463 |
China |
Sharpe Ratio = -0.102
| 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
| 2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 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 0.8338 | Enterprise Value Ebitda 15.8731 | Price Sales 0.5247 | Shares Float 3.2 B | Dividend Share 0.32 |
China Merchants Valuation on November 29, 2024
It is possible to determine the worth of China Merchants on a given historical date. On November 29, 2024 China was worth 11.62 at the beginning of the trading date compared to the closed value of 11.78. 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 | |
| 11.30 | 12.37 | 11.28 | 11.80 | 236,328,719 | |
11/29/2024 | 11.62 | 11.97 | 11.54 | 11.78 | 153,702,697 |
| 11.69 | 12.41 | 11.66 | 12.09 | 198,364,482 |
| Backtest China Merchants | | | China Merchants History | | | China Merchants Valuation | Previous | Next |
China Merchants Trading Date Momentum on November 29, 2024
| On December 02 2024 China Merchants Shekou was traded for 12.09 at the closing time. The highest price during the trading period was 12.41 and the lowest recorded bid was listed for 11.66 . The volume for the day was 198.4 M. This history from December 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.63% . The overall trading delta to the current price is 3.99% . |
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 27, 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 27, 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 | 0.0449 | |||
| Jensen Alpha | 0.1339 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0301 | |||
| Treynor Ratio | 0.9058 |
| 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 Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |