518600 (China) Price on November 25, 2024
| 518600 Etf | 5.87 0.02 0.34% |
Below is the normalized historical share price chart for 518600 extending back to August 06, 2020. 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 518600 stands at 5.87, as last reported on the 11th of December 2024, with the highest price reaching 5.88 and the lowest price hitting 5.86 during the day.
If you're considering investing in 518600 Etf, it is important to understand the factors that can impact its price. At this point, 518600 is not too volatile. 518600 retains Efficiency (Sharpe Ratio) of 0.15, which signifies that the etf had a 0.15% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for 518600, which you can use to evaluate the volatility of the entity. Please confirm 518600's Market Risk Adjusted Performance of (0.42), standard deviation of 0.8639, and Coefficient Of Variation of 725.89 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
518600 Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
518600 |
Sharpe Ratio = 0.1481
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| Cash | 518600 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average 518600 is performing at about 11% 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 518600 by adding it to a well-diversified portfolio.
518600 Valuation on November 25, 2024
It is possible to determine the worth of 518600 on a given historical date. On November 25, 2024 518600 was worth 5.93 at the beginning of the trading date compared to the closed value of 5.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 518600 etf. Still, in general, we apply an absolute valuation method to find 518600'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 518600 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 518600's related companies.
| Open | High | Low | Close | Volume | |
| 5.87 | 5.93 | 5.87 | 5.93 | 3,993,400 | |
11/25/2024 | 5.93 | 5.93 | 5.81 | 5.83 | 7,767,398 |
| 5.80 | 5.82 | 5.71 | 5.76 | 1,527,500 |
| Backtest 518600 | | | 518600 History | Previous | Next |
518600 Trading Date Momentum on November 25, 2024
| On November 26 2024 518600 was traded for 5.76 at the closing time. The highest price during the trading period was 5.82 and the lowest recorded bid was listed for 5.71 . The volume for the day was 1.5 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.20% . The daily price change to the current price is 0.17% . |
Price Boundaries
518600 Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
518600 cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.
518600 December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how 518600 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 518600 shares will generate the highest return on investment. By undertsting and applying 518600 etf market strength indicators, traders can identify 518600 entry and exit signals to maximize returns
518600 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 518600's price direction in advance. Along with the technical and fundamental analysis of 518600 Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 518600 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.