Agricultural Bank (China) Price on September 3, 2024

601288 Stock   4.83  0.02  0.42%   
Below is the normalized historical share price chart for Agricultural Bank of extending back to July 15, 2010. 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 Agricultural Bank stands at 4.83, as last reported on the 28th of November, with the highest price reaching 4.86 and the lowest price hitting 4.79 during the day.
IPO Date
15th of July 2010
200 Day MA
4.4864
50 Day MA
4.7464
Beta
0.253
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Agricultural Stock, it is important to understand the factors that can impact its price. At this point, Agricultural Bank is somewhat reliable. Agricultural Bank secures Sharpe Ratio (or Efficiency) of 0.0763, which signifies that the company had a 0.0763% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Agricultural Bank of, which you can use to evaluate the volatility of the firm. Please confirm Agricultural Bank's Risk Adjusted Performance of 0.0043, standard deviation of 1.77, and Mean Deviation of 1.28 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
  
At present, Agricultural Bank's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 688.9 B, whereas Common Stock is forecasted to decline to about 301 B. . Agricultural Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0763

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Estimated Market Risk

 1.68
  actual daily
14
86% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Agricultural Bank 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 Agricultural Bank by adding it to a well-diversified portfolio.
Price Book
0.5782
Book Value
7.268
Enterprise Value
322 B
Price Sales
2.9258
Shares Float
59.2 B

Agricultural Bank Valuation on September 3, 2024

It is possible to determine the worth of Agricultural Bank on a given historical date. On September 3, 2024 Agricultural was worth 4.68 at the beginning of the trading date compared to the closed value of 4.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Agricultural Bank stock. Still, in general, we apply an absolute valuation method to find Agricultural Bank'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 Agricultural Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Agricultural Bank's related companies.
 Open High Low Close Volume
  4.53    4.71    4.51    4.69    683,283,521  
09/03/2024
  4.68    4.68    4.44    4.48    700,503,025  
  4.45    4.58    4.44    4.52    492,974,830  
Backtest Agricultural Bank  |  Agricultural Bank History  |  Agricultural Bank Valuation   PreviousNext  
Open Value
4.68
4.48
Closing Value
9.73
Upside

Agricultural Bank Trading Date Momentum on September 3, 2024

On September 04 2024 Agricultural Bank of was traded for  4.52  at the closing time. The highest price during the trading period was 4.58  and the lowest recorded bid was listed for  4.44 . The volume for the day was 493 M. This history from September 4, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.89% . The overall trading delta to the current price is 0.00% .

Agricultural Bank Fundamentals Correlations and Trends

By evaluating Agricultural Bank'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 Agricultural Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Agricultural financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Agricultural Bank Stock history

Agricultural Bank 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 Agricultural is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Agricultural Bank 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 Agricultural Bank stock prices may prove useful in developing a viable investing in Agricultural Bank
Last ReportedProjected for Next Year
Common Stock Shares Outstanding402.5 B381 B
Net Income Applicable To Common Shares261.5 B191.9 B

Agricultural Bank Stock Technical Analysis

Agricultural Bank 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.
A focus of Agricultural Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Agricultural Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Agricultural Bank Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

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Agricultural Bank of 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.

Agricultural Bank November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Agricultural Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Agricultural Bank shares will generate the highest return on investment. By undertsting and applying Agricultural Bank stock market strength indicators, traders can identify Agricultural Bank of entry and exit signals to maximize returns

Agricultural Bank Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Agricultural Bank's price direction in advance. Along with the technical and fundamental analysis of Agricultural Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Agricultural 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.

Complementary Tools for Agricultural Stock analysis

When running Agricultural Bank's price analysis, check to measure Agricultural Bank'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 Agricultural Bank is operating at the current time. Most of Agricultural Bank's value examination focuses on studying past and present price action to predict the probability of Agricultural Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agricultural Bank's price. Additionally, you may evaluate how the addition of Agricultural Bank to your portfolios can decrease your overall portfolio volatility.
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