Bank Of China Stock Price on October 8, 2024
| BACHY Stock | USD 12.23 0.09 0.73% |
If you're considering investing in Bank Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Bank of China stands at 12.23, as last reported on the 12th of December 2024, with the highest price reaching 12.29 and the lowest price hitting 12.18 during the day. Bank of China appears to be not too volatile, given 3 months investment horizon. Bank of China secures Sharpe Ratio (or Efficiency) of 0.0971, which signifies that the company had a 0.0971% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank of China, which you can use to evaluate the volatility of the firm. Please makes use of Bank of China's Downside Deviation of 2.08, risk adjusted performance of 0.0835, and Mean Deviation of 1.66 to double-check if our risk estimates are consistent with your expectations.
Bank Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = 0.0971
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Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Bank of China 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 Bank of China by adding it to a well-diversified portfolio.
Bank of China Valuation on October 8, 2024
It is possible to determine the worth of Bank of China on a given historical date. On October 8, 2024 Bank was worth 12.1 at the beginning of the trading date compared to the closed value of 11.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of China pink sheet. Still, in general, we apply an absolute valuation method to find Bank of China'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 Bank of China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of China's related companies.
| Open | High | Low | Close | Volume | |
| 12.36 | 12.70 | 12.25 | 12.69 | 114,100 | |
10/08/2024 | 12.10 | 12.10 | 11.52 | 11.90 | 187,400 |
| 11.50 | 11.90 | 11.50 | 11.79 | 76,100 |
| Backtest Bank of China | | | Bank of China History | | | Bank of China Valuation | Previous | Next |
Bank of China Trading Date Momentum on October 8, 2024
| On October 09 2024 Bank of China was traded for 11.79 at the closing time. The highest daily price throughout the period was 11.90 and the lowest price was 11.50 . The daily volume was 76.1 K. The net trading volume on 10/09/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.92% . The overall trading delta to current closing price is 2.35% . |
Bank of China Fundamentals Correlations and Trends
By evaluating Bank of China'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 Bank of China's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bank of China Pink Sheet history
Bank of China 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of China 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 Bank of China stock prices may prove useful in developing a viable investing in Bank of China
Bank of China Limited, together with its subsidiaries, provides various banking and financial services. The company was founded in 1912 and is headquartered in Beijing, China. Bank Of China operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 304521 people.
Bank of China Pink Sheet Technical Analysis
Bank of China technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Bank of China Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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Bank of China December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank of China pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of China shares will generate the highest return on investment. By undertsting and applying Bank of China pink sheet market strength indicators, traders can identify Bank of China entry and exit signals to maximize returns
Bank of China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank of China's price direction in advance. Along with the technical and fundamental analysis of Bank Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank 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 | 0.0835 | |||
| Jensen Alpha | 0.2922 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0558 | |||
| Treynor Ratio | (0.43) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Bank Pink Sheet Analysis
When running Bank of China's price analysis, check to measure Bank of China'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 Bank of China is operating at the current time. Most of Bank of China's value examination focuses on studying past and present price action to predict the probability of Bank of China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of China's price. Additionally, you may evaluate how the addition of Bank of China to your portfolios can decrease your overall portfolio volatility.