Chengtun Mining (China) Price on July 15, 2024
| 600711 Stock | 4.91 0.03 0.61% |
Below is the normalized historical share price chart for Chengtun Mining Group extending back to September 23, 1996. 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 Chengtun Mining stands at 4.91, as last reported on the 11th of December 2024, with the highest price reaching 5.05 and the lowest price hitting 4.90 during the day.
If you're considering investing in Chengtun Stock, it is important to understand the factors that can impact its price. Chengtun Mining appears to be slightly risky, given 3 months investment horizon. Chengtun Mining Group secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of standard deviation over the last 3 months. By analyzing Chengtun Mining's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please makes use of Chengtun Mining's risk adjusted performance of 0.1164, and Mean Deviation of 1.9 to double-check if our risk estimates are consistent with your expectations.
At present, Chengtun Mining'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 3.8 B, whereas Other Stockholder Equity is projected to grow to (303.2 M). . Chengtun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of September 1992 | 200 Day MA 4.3319 | 50 Day MA 4.6856 | Beta 0.993 |
Chengtun |
Sharpe Ratio = 0.2419
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600711 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Chengtun Mining is performing at about 19% 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 Chengtun Mining by adding it to a well-diversified portfolio.
Price Book 0.9871 | Enterprise Value Ebitda 8.1123 | Price Sales 0.6414 | Shares Float 2.5 B | Wall Street Target Price 8.35 |
Chengtun Mining Valuation on July 15, 2024
It is possible to determine the worth of Chengtun Mining on a given historical date. On July 15, 2024 Chengtun was worth 5.45 at the beginning of the trading date compared to the closed value of 5.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chengtun Mining stock. Still, in general, we apply an absolute valuation method to find Chengtun Mining'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 Chengtun Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chengtun Mining's related companies.
| Open | High | Low | Close | Volume | |
| 5.41 | 5.55 | 5.21 | 5.34 | 437,369,497 | |
07/15/2024 | 5.45 | 5.87 | 5.35 | 5.73 | 453,091,152 |
| 5.70 | 5.82 | 5.63 | 5.72 | 273,293,213 |
| Backtest Chengtun Mining | | | Chengtun Mining History | | | Chengtun Mining Valuation | Previous | Next |
Chengtun Mining Trading Date Momentum on July 15, 2024
| On July 16 2024 Chengtun Mining Group was traded for 5.72 at the closing time. The highest price during the trading period was 5.82 and the lowest recorded bid was listed for 5.63 . The volume for the day was 273.3 M. This history from July 16, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.17% . The overall trading delta to the current price is 17.98% . |
Chengtun Mining Group Fundamentals Correlations and Trends
By evaluating Chengtun Mining'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 Chengtun Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chengtun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chengtun Mining Stock history
Chengtun Mining 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 Chengtun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chengtun Mining Group 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 Chengtun Mining stock prices may prove useful in developing a viable investing in Chengtun Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.1 B | 2.7 B | |
| Net Loss | -109.9 M | -104.4 M |
Chengtun Mining Quarterly Net Working Capital |
|
Chengtun Mining Stock Technical Analysis
Chengtun Mining 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
Chengtun Mining Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Chengtun Mining Group 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.
Chengtun Mining December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Chengtun Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chengtun Mining shares will generate the highest return on investment. By undertsting and applying Chengtun Mining stock market strength indicators, traders can identify Chengtun Mining Group entry and exit signals to maximize returns
Chengtun Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chengtun Mining's price direction in advance. Along with the technical and fundamental analysis of Chengtun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chengtun 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 | 0.1164 | |||
| Jensen Alpha | 0.4439 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1133 | |||
| Treynor Ratio | (0.54) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Chengtun Stock analysis
When running Chengtun Mining's price analysis, check to measure Chengtun Mining'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 Chengtun Mining is operating at the current time. Most of Chengtun Mining's value examination focuses on studying past and present price action to predict the probability of Chengtun Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chengtun Mining's price. Additionally, you may evaluate how the addition of Chengtun Mining to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |