Postal Savings (China) Price on August 15, 2023

601658 Stock   5.42  0.01  0.18%   
Below is the normalized historical share price chart for Postal Savings Bank extending back to December 10, 2019. 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 Postal Savings stands at 5.42, as last reported on the 23rd of December, with the highest price reaching 5.48 and the lowest price hitting 5.41 during the day.
200 Day MA
5.0195
50 Day MA
5.3994
Beta
0.384
 
Covid
If you're considering investing in Postal Stock, it is important to understand the factors that can impact its price. At this point, Postal Savings is somewhat reliable. Postal Savings Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.0944, which implies the firm had a 0.0944% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Postal Savings Bank, which you can use to evaluate the volatility of the company. Please check Postal Savings' Coefficient Of Variation of 611.73, semi deviation of 1.32, and Risk Adjusted Performance of 0.1351 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
  
At present, Postal Savings' Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. Sale Purchase Of Stock is expected to grow at the current pace this year, whereas Total Stockholder Equity is forecasted to decline to about 693.1 B. . Postal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0944

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Estimated Market Risk

 1.81
  actual daily
16
84% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Postal Savings is performing at about 7% 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 Postal Savings by adding it to a well-diversified portfolio.
Price Book
0.5348
Book Value
8.38
Enterprise Value
-2.1 T
Price Sales
1.6109
Shares Float
16.7 B

Postal Savings Main Headline on 15th of August 2023

Nomura Adjusts Postal Savings Bank of Chinas Price Target to HK ... Marketscreener.com

Postal Savings Valuation on August 15, 2023

It is possible to determine the worth of Postal Savings on a given historical date. On August 15, 2023 Postal was worth 4.85 at the beginning of the trading date compared to the closed value of 4.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Postal Savings stock. Still, in general, we apply an absolute valuation method to find Postal Savings' 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 Postal Savings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Postal Savings' related companies.
 Open High Low Close Volume
  4.88    4.90    4.82    4.86    86,669,510  
08/15/2023
  4.85    4.99    4.85    4.95    111,283,079  
  4.93    4.94    4.85    4.90    92,934,875  
Backtest Postal Savings  |  Postal Savings History  |  Postal Savings Valuation   PreviousNext  
Open Value
4.85
4.95
Closing Value
10.27
Upside

Postal Savings Trading Date Momentum on August 15, 2023

On August 16 2023 Postal Savings Bank was traded for  4.90  at the closing time. The highest price during the trading period was 4.94  and the lowest recorded bid was listed for  4.85 . The volume for the day was 92.9 M. This history from August 16, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.01% . The trading delta at closing time to the current price is 2.63% .

Postal Savings Bank Fundamentals Correlations and Trends

By evaluating Postal Savings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Postal Savings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Postal financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Postal Savings Stock history

Postal Savings 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 Postal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Postal Savings 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 Postal Savings stock prices may prove useful in developing a viable investing in Postal Savings
Last ReportedProjected for Next Year
Common Stock Shares Outstanding99.2 B97.3 B
Net Income Applicable To Common Shares90.3 B63.9 B

Postal Savings Stock Technical Analysis

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

Postal Savings Period Price Range

Low
December 23, 2024
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High

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 0.00 

Postal Savings Bank 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.

Postal Savings December 23, 2024 Market Strength

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

Postal Savings Technical and Predictive Indicators

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

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