Chongqing Road (China) Price on May 6, 2024
| 600106 Stock | 6.82 0.14 2.10% |
Below is the normalized historical share price chart for Chongqing Road Bridge extending back to June 18, 1997. 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 Chongqing Road stands at 6.82, as last reported on the 2nd of December, with the highest price reaching 6.84 and the lowest price hitting 6.64 during the day.
If you're considering investing in Chongqing Stock, it is important to understand the factors that can impact its price. Chongqing Road is relatively risky given 3 months investment horizon. Chongqing Road Bridge secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.17% are justified by taking the suggested risk. Use Chongqing Road Risk Adjusted Performance of 0.1884, mean deviation of 3.45, and Downside Deviation of 3.8 to evaluate company specific risk that cannot be diversified away.
As of December 2, 2024, Total Stockholder Equity is expected to decline to about 2.6 B. In addition to that, Common Stock is expected to decline to about 767 M. Chongqing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of June 1997 | 200 Day MA 5.3442 | 50 Day MA 6.2628 | Beta 0.502 |
Chongqing |
Sharpe Ratio = 0.2656
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600106 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.42 actual daily | 39 61% of assets are more volatile |
Expected Return
| 1.17 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 20 80% of assets perform better |
Based on monthly moving average Chongqing Road is performing at about 20% 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 Chongqing Road by adding it to a well-diversified portfolio.
Price Book 1.8157 | Book Value 3.679 | Enterprise Value 8.8 B | Enterprise Value Ebitda 34.5815 | Price Sales 77.5084 |
Chongqing Road Valuation on May 6, 2024
It is possible to determine the worth of Chongqing Road on a given historical date. On May 6, 2024 Chongqing was worth 5.95 at the beginning of the trading date compared to the closed value of 5.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chongqing Road stock. Still, in general, we apply an absolute valuation method to find Chongqing Road'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 Chongqing Road where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chongqing Road's related companies.
| Open | High | Low | Close | Volume | |
| 5.90 | 6.11 | 5.85 | 5.92 | 23,450,395 | |
05/06/2024 | 5.95 | 5.99 | 5.85 | 5.91 | 17,422,628 |
| 6.01 | 6.20 | 6.01 | 6.17 | 33,937,102 |
| Backtest Chongqing Road | | | Chongqing Road History | | | Chongqing Road Valuation | Previous | Next |
Chongqing Road Trading Date Momentum on May 6, 2024
| On May 07 2024 Chongqing Road Bridge was traded for 6.17 at the closing time. The highest price during the trading period was 6.20 and the lowest recorded bid was listed for 6.01 . The volume for the day was 33.9 M. This history from May 7, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.40% . The overall trading delta to the current price is 3.21% . |
Chongqing Road Bridge Fundamentals Correlations and Trends
By evaluating Chongqing Road'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 Chongqing Road's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chongqing financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chongqing Road Stock history
Chongqing Road 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 Chongqing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chongqing Road Bridge 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 Chongqing Road stock prices may prove useful in developing a viable investing in Chongqing Road
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.2 B | 1.1 B | |
| Net Income Applicable To Common Shares | 233.3 M | 192.9 M |
Chongqing Road Quarterly Net Working Capital |
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Chongqing Road Stock Technical Analysis
Chongqing Road 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
Chongqing Road Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Chongqing Road Bridge 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.
Chongqing Road December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Chongqing Road stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chongqing Road shares will generate the highest return on investment. By undertsting and applying Chongqing Road stock market strength indicators, traders can identify Chongqing Road Bridge entry and exit signals to maximize returns
Chongqing Road Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chongqing Road's price direction in advance. Along with the technical and fundamental analysis of Chongqing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chongqing 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 | 0.1884 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | 0.2847 | |||
| Sortino Ratio | 0.2293 | |||
| Treynor Ratio | (4.17) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Chongqing Stock analysis
When running Chongqing Road's price analysis, check to measure Chongqing Road'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 Chongqing Road is operating at the current time. Most of Chongqing Road's value examination focuses on studying past and present price action to predict the probability of Chongqing Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chongqing Road's price. Additionally, you may evaluate how the addition of Chongqing Road to your portfolios can decrease your overall portfolio volatility.
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