China Life (China) Price on December 25, 2024

601628 Stock   42.70  0.22  0.52%   
Below is the normalized historical share price chart for China Life Insurance extending back to January 09, 2007. 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 Life stands at 42.70, as last reported on the 26th of December, with the highest price reaching 43.21 and the lowest price hitting 42.24 during the day.
200 Day MA
34.7175
50 Day MA
43.4856
Beta
0.682
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. At this point, China Life is very steady. China Life Insurance secures Sharpe Ratio (or Efficiency) of 0.0495, which signifies that the company had a 0.0495% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for China Life Insurance, which you can use to evaluate the volatility of the firm. Please confirm China Life's Mean Deviation of 2.12, risk adjusted performance of 0.0939, and Downside Deviation of 2.98 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
  
As of December 26, 2024, Total Stockholder Equity is expected to decline to about 389.4 B. In addition to that, Other Stockholder Equity is expected to decline to about 39.8 B. China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0495

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Estimated Market Risk

 3.31
  actual daily
29
71% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average China Life is performing at about 3% 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 Life by adding it to a well-diversified portfolio.
Price Book
2.1297
Book Value
20.05
Enterprise Value
965.5 B
Price Sales
1.2193
Shares Float
8.9 B

China Life Valuation on December 25, 2024

It is possible to determine the worth of China Life on a given historical date. On December 25, 2024 China was worth 42.5 at the beginning of the trading date compared to the closed value of 42.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Life stock. Still, in general, we apply an absolute valuation method to find China Life'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 Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Life's related companies.
 Open High Low Close Volume
  41.57    42.80    41.45    42.48    15,729,967  
12/25/2024
  42.50    43.21    42.24    42.70    11,005,674  
Backtest China Life  |  China Life History  |  China Life Valuation   Previous
Open Value
42.5
42.7
Closing Value
52.42
Upside

China Life Trading Date Momentum on December 25, 2024

On December 25 2024 China Life Insurance was traded for  42.70  at the closing time. The highest price during the trading period was 43.21  and the lowest recorded bid was listed for  42.24 . The volume for the day was 11 M. This history from December 25, 2024 did not affect price variability. The overall trading delta to the current price is 0.47% .

China Life Insurance Fundamentals Correlations and Trends

By evaluating China Life'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 Life'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 Life Stock history

China Life 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 Life Insurance 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 Life stock prices may prove useful in developing a viable investing in China Life
Last ReportedProjected for Next Year
Common Stock Shares Outstanding25.4 B22.6 B
Net Income Applicable To Common Shares58.4 B35.8 B

China Life Stock Technical Analysis

China Life 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 China Life technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Life 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

China Life Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

China Life Insurance 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 Life December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how China Life 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 Life shares will generate the highest return on investment. By undertsting and applying China Life stock market strength indicators, traders can identify China Life Insurance entry and exit signals to maximize returns

China Life Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for China Life'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.

Complementary Tools for China Stock analysis

When running China Life's price analysis, check to measure China Life'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 Life is operating at the current time. Most of China Life's value examination focuses on studying past and present price action to predict the probability of China Life'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 Life's price. Additionally, you may evaluate how the addition of China Life to your portfolios can decrease your overall portfolio volatility.
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