China Merchants Port Stock Price on February 22, 2023
CMHHF Stock | USD 1.62 0.00 0.00% |
If you're considering investing in China Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of China Merchants stands at 1.62, as last reported on the 23rd of December, with the highest price reaching 1.62 and the lowest price hitting 1.62 during the day. China Merchants Port secures Sharpe Ratio (or Efficiency) of -0.0032, which signifies that the company had a -0.0032% return per unit of risk over the last 3 months. China Merchants Port exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Merchants' Mean Deviation of 1.64, downside deviation of 7.57, and Risk Adjusted Performance of 0.0514 to double-check the risk estimate we provide.
China Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = -0.0032
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Estimated Market Risk
3.09 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China Merchants 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 China Merchants by adding China Merchants to a well-diversified portfolio.
China Merchants Valuation on February 22, 2023
It is possible to determine the worth of China Merchants on a given historical date. On February 22, 2023 China was worth 1.49 at the beginning of the trading date compared to the closed value of 1.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Merchants pink sheet. Still, in general, we apply an absolute valuation method to find China Merchants' 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 Merchants where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Merchants' related companies.
Open | High | Low | Close | Volume | |
1.49 | 1.49 | 1.49 | 1.49 | 1.00 | |
02/22/2023 | 1.49 | 1.49 | 1.41 | 1.41 | 1.00 |
1.49 | 1.49 | 1.41 | 1.41 | 1.00 |
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China Merchants Trading Date Momentum on February 22, 2023
On February 23 2023 China Merchants Port was traded for 1.41 at the closing time. The highest daily price throughout the period was 1.49 and the lowest price was 1.41 . There was no trading activity during the period 1.0. Lack of trading volume on 02/23/2023 did not affect price variability. The overall trading delta to current closing price is 3.55% . |
China Merchants Port Fundamentals Correlations and Trends
By evaluating China Merchants' 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 Merchants' 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 Merchants Pink Sheet history
China Merchants 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 Merchants Port 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 Merchants stock prices may prove useful in developing a viable investing in China Merchants
China Merchants Port Holdings Company Limited, an investment holding company, operates as a port operator in Mainland China, Hong Kong, Taiwan, and internationally. China Merchants Port Holdings Company Limited is considered as a Red Chip company due to its listing on the Hong Kong Stock Exchange. China Merchants operates under Marine Shipping classification in the United States and is traded on OTC Exchange. It employs 8562 people.
China Merchants Pink Sheet Technical Analysis
China Merchants 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
China Merchants Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
China Merchants Port cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Merchants December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how China Merchants 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 China Merchants shares will generate the highest return on investment. By undertsting and applying China Merchants pink sheet market strength indicators, traders can identify China Merchants Port entry and exit signals to maximize returns
China Merchants Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Merchants' price direction in advance. Along with the technical and fundamental analysis of China Pink Sheet 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.
Risk Adjusted Performance | 0.0514 | |||
Jensen Alpha | 0.2038 | |||
Total Risk Alpha | 0.0897 | |||
Sortino Ratio | 0.0226 | |||
Treynor Ratio | (0.41) |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for China Pink Sheet analysis
When running China Merchants' price analysis, check to measure China Merchants' 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 Merchants is operating at the current time. Most of China Merchants' value examination focuses on studying past and present price action to predict the probability of China Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Merchants' price. Additionally, you may evaluate how the addition of China Merchants to your portfolios can decrease your overall portfolio volatility.
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