Aluminum Corp (China) Price on December 19, 2024

601600 Stock   7.43  0.14  1.92%   
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 7.43, as last reported on the 25th of December, with the highest price reaching 7.43 and the lowest price hitting 7.26 during the day.
200 Day MA
7.4437
50 Day MA
7.9524
Beta
2.128
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 -0.0159, which signifies that the company had a -0.0159% 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 Risk Adjusted Performance of 0.0832, mean deviation of 2.14, and Downside Deviation of 3.25 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.

Sharpe Ratio = -0.0159

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Negative Returns601600

Estimated Market Risk

 2.98
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  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
1.853
Enterprise Value Ebitda
6.407
Price Sales
0.5423
Shares Float
11.6 B
Wall Street Target Price
8.85

Aluminum Corp Main Headline on 19th of December 2024

State Street Corp Decreases Holdings in Century Aluminum MarketBeat

Aluminum Corp Valuation on December 19, 2024

It is possible to determine the worth of Aluminum Corp on a given historical date. On December 19, 2024 Aluminum was worth 7.31 at the beginning of the trading date compared to the closed value of 7.39. 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
  7.40    7.49    7.36    7.38    99,188,885  
12/19/2024
  7.31    7.40    7.21    7.39    97,712,112  
  7.39    7.44    7.26    7.28    88,121,486  
Backtest Aluminum Corp  |  Aluminum Corp History  |  Aluminum Corp Valuation   PreviousNext  
Open Value
7.31
7.39
Closing Value
16.25
Upside

Aluminum Corp Trading Date Momentum on December 19, 2024

On December 20 2024 Aluminum Corp of was traded for  7.28  at the closing time. The highest price during the trading period was 7.44  and the lowest recorded bid was listed for  7.26 . The volume for the day was 88.1 M. This history from December 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.49% . The overall trading delta to the current price is 1.62% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding19.7 B18.1 B
Net Income Applicable To Common Shares4.7 B4.9 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.
A focus of Aluminum Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aluminum Corp 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

Aluminum Corp Period Price Range

Low
December 25, 2024
0.00  NaN%
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 25, 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.

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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