Contemporary Amperex (China) Price on August 2, 2024

300750 Stock   262.00  0.75  0.29%   
If you're considering investing in Contemporary Stock, it is important to understand the factors that can impact its price. As of today, the current price of Contemporary Amperex stands at 262.00, as last reported on the 30th of December, with the highest price reaching 263.42 and the lowest price hitting 255.00 during the day. Contemporary Amperex secures Sharpe Ratio (or Efficiency) of -0.0548, which signifies that the company had a -0.0548% return per unit of risk over the last 3 months. Contemporary Amperex Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Contemporary Amperex's Mean Deviation of 2.12, standard deviation of 3.11, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
  
Contemporary Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0548

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Estimated Market Risk

 3.11
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Contemporary Amperex 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 Contemporary Amperex by adding Contemporary Amperex to a well-diversified portfolio.

Contemporary Amperex Valuation on August 2, 2024

It is possible to determine the worth of Contemporary Amperex on a given historical date. On August 2, 2024 Contemporary was worth 179.0 at the beginning of the trading date compared to the closed value of 177.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Contemporary Amperex stock. Still, in general, we apply an absolute valuation method to find Contemporary Amperex'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 Contemporary Amperex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Contemporary Amperex's related companies.
 Open High Low Close Volume
  185.00    186.00    180.10    180.30    23,012,659  
08/02/2024
  179.00    180.00    176.76    177.09    15,493,685  
  175.01    180.18    175.00    177.00    19,347,659  
Backtest Contemporary Amperex  |  Contemporary Amperex History  |  Contemporary Amperex Valuation   PreviousNext  
Open Value
179.0
169.66
Downside
177.09
Closing Value
188.34
Upside

Contemporary Amperex Trading Date Momentum on August 2, 2024

On August 05 2024 Contemporary Amperex Technology was traded for  177.00  at the closing time. The highest price during the trading period was 180.18  and the lowest recorded bid was listed for  175.00 . The volume for the day was 19.3 M. This history from August 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.05% . The overall trading delta to the current price is 3.68% .

Contemporary Amperex Fundamentals Correlations and Trends

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

About Contemporary Amperex Stock history

Contemporary Amperex 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 Contemporary is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Contemporary Amperex 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 Contemporary Amperex stock prices may prove useful in developing a viable investing in Contemporary Amperex

Contemporary Amperex Stock Technical Analysis

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

Contemporary Amperex Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Contemporary Amperex Technology 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.

Contemporary Amperex December 30, 2024 Market Strength

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

Contemporary Amperex Technical and Predictive Indicators

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

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