China Eastern (China) Price on September 20, 2024
| 600115 Stock | 4.08 0.04 0.97% |
Below is the normalized historical share price chart for China Eastern Airlines extending back to November 12, 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 Eastern stands at 4.08, as last reported on the 1st of December, with the highest price reaching 4.15 and the lowest price hitting 4.06 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. At this point, China Eastern is slightly risky. China Eastern Airlines secures Sharpe Ratio (or Efficiency) of 0.0852, which signifies that the company had a 0.0852% return per unit of risk over the last 3 months. We have found thirty technical indicators for China Eastern Airlines, which you can use to evaluate the volatility of the firm. Please confirm China Eastern's Risk Adjusted Performance of 0.0699, downside deviation of 1.94, and Mean Deviation of 1.3 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%.
At present, China Eastern's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 13.1 B, whereas Other Stockholder Equity is forecasted to decline to (2.9 B). . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.8227 | 50 Day MA 3.8828 | Beta 0.498 |
China |
Sharpe Ratio = 0.0852
| Best Portfolio | Best Equity | |||
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| Small Returns | 600115 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average China Eastern is performing at about 6% 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 Eastern by adding it to a well-diversified portfolio.
Price Book 2.2589 | Enterprise Value Ebitda 10.9585 | Price Sales 0.6318 | Shares Float 7 B | Wall Street Target Price 3.85 |
China Eastern Valuation on September 20, 2024
It is possible to determine the worth of China Eastern on a given historical date. On September 20, 2024 China was worth 3.48 at the beginning of the trading date compared to the closed value of 3.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Eastern stock. Still, in general, we apply an absolute valuation method to find China Eastern'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 Eastern where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Eastern's related companies.
| Open | High | Low | Close | Volume | |
| 3.50 | 3.54 | 3.43 | 3.48 | 46,991,915 | |
09/20/2024 | 3.48 | 3.57 | 3.42 | 3.54 | 77,108,859 |
| 3.54 | 3.54 | 3.48 | 3.48 | 33,910,136 |
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China Eastern Trading Date Momentum on September 20, 2024
| On September 23 2024 China Eastern Airlines was traded for 3.48 at the closing time. The highest price during the trading period was 3.54 and the lowest recorded bid was listed for 3.48 . The volume for the day was 33.9 M. This history from September 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.69% . The overall trading delta to the current price is 12.99% . |
China Eastern Airlines Fundamentals Correlations and Trends
By evaluating China Eastern'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 Eastern'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 Eastern Stock history
China Eastern 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 Eastern Airlines 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 Eastern stock prices may prove useful in developing a viable investing in China Eastern
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 22.3 B | 19.1 B | |
| Net Loss | -33.6 B | -32 B |
China Eastern Stock Technical Analysis
China Eastern 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 Eastern Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
China Eastern Airlines 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 Eastern December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how China Eastern 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 Eastern shares will generate the highest return on investment. By undertsting and applying China Eastern stock market strength indicators, traders can identify China Eastern Airlines entry and exit signals to maximize returns
China Eastern Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Eastern'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 | 0.0699 | |||
| Jensen Alpha | 0.1491 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0102 | |||
| Treynor Ratio | (11.80) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Eastern's price analysis, check to measure China Eastern'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 Eastern is operating at the current time. Most of China Eastern's value examination focuses on studying past and present price action to predict the probability of China Eastern'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 Eastern's price. Additionally, you may evaluate how the addition of China Eastern to your portfolios can decrease your overall portfolio volatility.
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