CICT Mobile (China) Price on September 1, 2023
| 688387 Stock | 6.69 0.20 3.08% |
If you're considering investing in CICT Stock, it is important to understand the factors that can impact its price. As of today, the current price of CICT Mobile stands at 6.69, as last reported on the 12th of December 2024, with the highest price reaching 6.75 and the lowest price hitting 6.48 during the day. CICT Mobile appears to be slightly risky, given 3 months investment horizon. CICT Mobile Communication retains Efficiency (Sharpe Ratio) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. By analyzing CICT Mobile's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please makes use of CICT Mobile's coefficient of variation of 697.23, and Market Risk Adjusted Performance of 1.2 to double-check if our risk estimates are consistent with your expectations.
As of December 12, 2024, Total Stockholder Equity is expected to decline to about 5 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 3.4 B. CICT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CICT |
Sharpe Ratio = 0.1534
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688387 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.5 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average CICT Mobile is performing at about 12% 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 CICT Mobile by adding it to a well-diversified portfolio.
Price Book 3.4808 | Book Value 1.865 | Enterprise Value 18.9 B | Enterprise Value Ebitda (35.49) | Price Sales 3.407 |
CICT Mobile Valuation on September 1, 2023
It is possible to determine the worth of CICT Mobile on a given historical date. On September 1, 2023 CICT was worth 7.45 at the beginning of the trading date compared to the closed value of 7.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CICT Mobile stock. Still, in general, we apply an absolute valuation method to find CICT Mobile'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 CICT Mobile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CICT Mobile's related companies.
| Open | High | Low | Close | Volume | |
| 7.36 | 7.50 | 7.30 | 7.39 | 18,051,281 | |
09/01/2023 | 7.45 | 7.50 | 7.13 | 7.33 | 15,666,592 |
| 7.33 | 7.40 | 7.23 | 7.31 | 10,625,019 |
| Backtest CICT Mobile | | | CICT Mobile History | | | CICT Mobile Valuation | Previous | Next |
CICT Mobile Trading Date Momentum on September 1, 2023
| On September 04 2023 CICT Mobile Communication was traded for 7.31 at the closing time. The highest price during the trading period was 7.40 and the lowest recorded bid was listed for 7.23 . The volume for the day was 10.6 M. This history from September 4, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.27% . The overall trading delta to the current price is 6.41% . |
CICT Mobile Communication Fundamentals Correlations and Trends
By evaluating CICT Mobile'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 CICT Mobile's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CICT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CICT Mobile Stock history
CICT Mobile 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 CICT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CICT Mobile Communication 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 CICT Mobile stock prices may prove useful in developing a viable investing in CICT Mobile
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.9 B | 3.4 B |
CICT Mobile Quarterly Net Working Capital |
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CICT Mobile Stock Technical Analysis
CICT Mobile 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
CICT Mobile Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
CICT Mobile Communication 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.
CICT Mobile December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how CICT Mobile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CICT Mobile shares will generate the highest return on investment. By undertsting and applying CICT Mobile stock market strength indicators, traders can identify CICT Mobile Communication entry and exit signals to maximize returns
CICT Mobile Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CICT Mobile's price direction in advance. Along with the technical and fundamental analysis of CICT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CICT 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 | 0.1114 | |||
| Jensen Alpha | 0.416 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1062 | |||
| Treynor Ratio | 1.19 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for CICT Stock analysis
When running CICT Mobile's price analysis, check to measure CICT Mobile'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 CICT Mobile is operating at the current time. Most of CICT Mobile's value examination focuses on studying past and present price action to predict the probability of CICT Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CICT Mobile's price. Additionally, you may evaluate how the addition of CICT Mobile to your portfolios can decrease your overall portfolio volatility.
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