China Resources Power Stock Price on August 30, 2023
CRPJY Stock | USD 37.50 2.01 5.09% |
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 Resources stands at 37.50, as last reported on the 22nd of December, with the highest price reaching 37.50 and the lowest price hitting 37.50 during the day. China Resources Power secures Sharpe Ratio (or Efficiency) of -0.0737, which signifies that the company had a -0.0737% return per unit of risk over the last 3 months. China Resources Power exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Resources' Mean Deviation of 0.8715, standard deviation of 1.85, and Risk Adjusted Performance of (0.05) 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 = -0.0737
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Estimated Market Risk
1.87 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China Resources 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 Resources by adding China Resources to a well-diversified portfolio.
China Resources Valuation on August 30, 2023
It is possible to determine the worth of China Resources on a given historical date. On August 30, 2023 China was worth 26.01 at the beginning of the trading date compared to the closed value of 26.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Resources pink sheet. Still, in general, we apply an absolute valuation method to find China Resources' 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 Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Resources' related companies.
Open | High | Low | Close | Volume | |
27.29 | 27.29 | 27.29 | 27.29 | 22.00 | |
08/30/2023 | 26.01 | 26.01 | 26.01 | 26.01 | 40.00 |
26.47 | 26.47 | 26.47 | 26.47 | 3.00 |
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China Resources Trading Date Momentum on August 30, 2023
On September 01 2023 China Resources Power was traded for 26.47 at the closing time. The highest daily price throughout the period was 26.47 and the lowest price was 26.47 . There was no trading activity during the period 3.0. Lack of trading volume on 09/01/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.77% . The overall trading delta to current closing price is 3.73% . |
China Resources Power Fundamentals Correlations and Trends
By evaluating China Resources' 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 Resources' 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 Resources Pink Sheet history
China Resources 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 Resources Power 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 Resources stock prices may prove useful in developing a viable investing in China Resources
China Resources Power Holdings Company Limited, an investment holding company, invests in, develops, operates, and manages power plants and coal mines in the Peoples Republic of China. China Resources Power Holdings Company Limited is a subsidiary of CRH Limited. China Res operates under UtilitiesIndependent Power Producers classification in the United States and is traded on OTC Exchange. It employs 21794 people.
China Resources Pink Sheet Technical Analysis
China Resources 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 Resources Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
China Resources Power 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 Resources December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how China Resources 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 Resources shares will generate the highest return on investment. By undertsting and applying China Resources pink sheet market strength indicators, traders can identify China Resources Power entry and exit signals to maximize returns
China Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Resources' 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 | (0.05) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | 1.78 |
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Additional Tools for China Pink Sheet Analysis
When running China Resources' price analysis, check to measure China Resources' 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 Resources is operating at the current time. Most of China Resources' value examination focuses on studying past and present price action to predict the probability of China Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Resources' price. Additionally, you may evaluate how the addition of China Resources to your portfolios can decrease your overall portfolio volatility.