China Northern (China) Price on April 30, 2024
| 600111 Stock | 22.96 0.21 0.91% |
Below is the normalized historical share price chart for China Northern Rare extending back to September 24, 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 China Northern stands at 22.96, as last reported on the 11th of December 2024, with the highest price reaching 23.47 and the lowest price hitting 22.95 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Northern appears to be not too volatile, given 3 months investment horizon. China Northern Rare secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. By analyzing China Northern's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of China Northern's Downside Deviation of 2.78, risk adjusted performance of 0.1246, and Mean Deviation of 2.23 to double-check if our risk estimates are consistent with your expectations.
At present, China Northern's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 4.4 B, whereas Other Stockholder Equity is forecasted to decline to about 172.5 M. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of August 1997 | 200 Day MA 19.3414 | 50 Day MA 22.3486 | Beta 0.465 |
China |
Sharpe Ratio = 0.1868
| Best Portfolio | Best Equity | |||
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| Small Returns | 600111 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.45 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average China Northern is performing at about 14% 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 China Northern by adding it to a well-diversified portfolio.
Price Book 3.7966 | Enterprise Value Ebitda 33.3352 | Price Sales 2.7581 | Shares Float 2.1 B | Wall Street Target Price 26.72 |
China Northern Valuation on April 30, 2024
It is possible to determine the worth of China Northern on a given historical date. On April 30, 2024 China was worth 19.75 at the beginning of the trading date compared to the closed value of 19.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Northern stock. Still, in general, we apply an absolute valuation method to find China Northern'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 China Northern where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Northern's related companies.
| Open | High | Low | Close | Volume | |
| 19.70 | 20.08 | 19.50 | 19.88 | 38,761,512 | |
04/30/2024 | 19.75 | 19.88 | 19.25 | 19.30 | 38,424,604 |
| 19.47 | 19.85 | 19.41 | 19.67 | 32,243,975 |
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China Northern Trading Date Momentum on April 30, 2024
| On May 06 2024 China Northern Rare was traded for 19.67 at the closing time. The highest price during the trading period was 19.85 and the lowest recorded bid was listed for 19.41 . The volume for the day was 32.2 M. This history from May 6, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.92% . The overall trading delta to the current price is 6.94% . |
China Northern Rare Fundamentals Correlations and Trends
By evaluating China Northern'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 China Northern's 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 Northern Stock history
China Northern 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 Northern Rare 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 Northern stock prices may prove useful in developing a viable investing in China Northern
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.3 B | 2.9 B | |
| Net Income Applicable To Common Shares | 6.9 B | 7.2 B |
China Northern Quarterly Net Working Capital |
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China Northern Stock Technical Analysis
China Northern 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 Northern Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
China Northern Rare 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.
China Northern December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how China Northern 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 Northern shares will generate the highest return on investment. By undertsting and applying China Northern stock market strength indicators, traders can identify China Northern Rare entry and exit signals to maximize returns
China Northern Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Northern's 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 | 0.1246 | |||
| Jensen Alpha | 0.5854 | |||
| Total Risk Alpha | 7.0E-4 | |||
| Sortino Ratio | 0.1437 | |||
| Treynor Ratio | (0.82) |
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Northern's price analysis, check to measure China Northern'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 China Northern is operating at the current time. Most of China Northern's value examination focuses on studying past and present price action to predict the probability of China Northern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Northern's price. Additionally, you may evaluate how the addition of China Northern to your portfolios can decrease your overall portfolio volatility.
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