Aluminum Corp (China) Price on November 22, 2024
| 601600 Stock | 7.44 0.06 0.81% |
Below is the normalized historical share price chart for Aluminum Corp of extending back to January 04, 2000. 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 Aluminum Corp stands at 7.44, as last reported on the 27th of December, with the highest price reaching 7.48 and the lowest price hitting 7.33 during the day.
If you're considering investing in Aluminum Stock, it is important to understand the factors that can impact its price. Aluminum Corp secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Aluminum Corp of exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aluminum Corp's Downside Deviation of 3.19, mean deviation of 2.01, and Risk Adjusted Performance of 0.0448 to double-check the risk estimate we provide.
The current year's Other Stockholder Equity is expected to grow to about 4.3 B, whereas Total Stockholder Equity is forecasted to decline to about 56.5 B. . Aluminum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.4554 | 50 Day MA 7.9054 | Beta 2.128 |
Aluminum |
Sharpe Ratio = -0.1011
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 601600 |
Estimated Market Risk
| 2.65 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aluminum Corp is not performing at its full potential. However, 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 Aluminum Corp by adding Aluminum Corp to a well-diversified portfolio.
Price Book 1.8758 | Enterprise Value Ebitda 6.463 | Price Sales 0.5443 | Shares Float 11.6 B | Wall Street Target Price 8.85 |
Aluminum Corp Valuation on November 22, 2024
It is possible to determine the worth of Aluminum Corp on a given historical date. On November 22, 2024 Aluminum was worth 7.9 at the beginning of the trading date compared to the closed value of 7.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aluminum Corp stock. Still, in general, we apply an absolute valuation method to find Aluminum Corp'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 Aluminum Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aluminum Corp's related companies.
| Open | High | Low | Close | Volume | |
| 7.90 | 7.99 | 7.79 | 7.93 | 113,600,942 | |
11/22/2024 | 7.90 | 7.96 | 7.63 | 7.65 | 128,124,241 |
| 7.64 | 7.76 | 7.50 | 7.57 | 108,407,114 |
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Aluminum Corp Trading Date Momentum on November 22, 2024
| On November 25 2024 Aluminum Corp of was traded for 7.57 at the closing time. The highest price during the trading period was 7.76 and the lowest recorded bid was listed for 7.50 . The volume for the day was 108.4 M. This history from November 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.05% . The overall trading delta to the current price is 1.57% . |
Aluminum Corp Fundamentals Correlations and Trends
By evaluating Aluminum Corp'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 Aluminum Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aluminum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aluminum Corp Stock history
Aluminum Corp 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 Aluminum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aluminum Corp 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 Aluminum Corp stock prices may prove useful in developing a viable investing in Aluminum Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.7 B | 18.1 B | |
| Net Income Applicable To Common Shares | 4.7 B | 4.9 B |
Aluminum Corp Stock Technical Analysis
Aluminum Corp 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
Aluminum Corp Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Aluminum Corp 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.
Aluminum Corp December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Aluminum Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aluminum Corp shares will generate the highest return on investment. By undertsting and applying Aluminum Corp stock market strength indicators, traders can identify Aluminum Corp of entry and exit signals to maximize returns
Aluminum Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aluminum Corp's price direction in advance. Along with the technical and fundamental analysis of Aluminum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aluminum 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 | 0.0448 | |||
| Jensen Alpha | 0.1134 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0272 | |||
| Treynor Ratio | 0.3399 |
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| Volume Indicators |
Complementary Tools for Aluminum Stock analysis
When running Aluminum Corp's price analysis, check to measure Aluminum Corp'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 Aluminum Corp is operating at the current time. Most of Aluminum Corp's value examination focuses on studying past and present price action to predict the probability of Aluminum Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aluminum Corp's price. Additionally, you may evaluate how the addition of Aluminum Corp to your portfolios can decrease your overall portfolio volatility.
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