CITIC Resources Holdings Price on December 10, 2024
CTJHFDelisted Stock | USD 0.08 0.00 0.00% |
If you're considering investing in CITIC Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of CITIC Resources stands at 0.08, as last reported on the 11th of December 2024, with the highest price reaching 0.08 and the lowest price hitting 0.08 during the day. We have found sixteen technical indicators for CITIC Resources Holdings, which you can use to evaluate the volatility of the firm. Please confirm CITIC Resources' risk adjusted performance of 0.1074, and Mean Deviation of 3.24 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
CITIC Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average CITIC 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 CITIC Resources by adding CITIC Resources to a well-diversified portfolio.
CITIC Resources Valuation on December 10, 2024
It is possible to determine the worth of CITIC Resources on a given historical date. On December 10, 2024 CITIC was worth 0.08 at the beginning of the trading date compared to the closed value of 0.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CITIC Resources pink sheet. Still, in general, we apply an absolute valuation method to find CITIC 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 CITIC Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CITIC Resources' related companies.
Open | High | Low | Close | Volume | |
12/11/2024 | 0.08 | 0.08 | 0.08 | 0.08 | 0.00 |
Backtest CITIC Resources | | | CITIC Resources History | | | CITIC Resources Valuation |
CITIC Resources Trading Date Momentum on December 10, 2024
CITIC Resources Holdings Fundamentals Correlations and Trends
By evaluating CITIC 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 CITIC Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CITIC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CITIC Resources Pink Sheet history
CITIC 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 CITIC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CITIC Resources Holdings 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 CITIC Resources stock prices may prove useful in developing a viable investing in CITIC Resources
CITIC Resources Holdings Limited, an investment holding company, engages in the exploration, development, and production of oil and coal. CITIC Resources Holdings Limited is a subsidiary of CITIC Group Corporation. Citic Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 199 people.
CITIC Resources Pink Sheet Technical Analysis
CITIC 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
CITIC Resources Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
CITIC Resources Holdings 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.
CITIC Resources December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how CITIC 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 CITIC Resources shares will generate the highest return on investment. By undertsting and applying CITIC Resources pink sheet market strength indicators, traders can identify CITIC Resources Holdings entry and exit signals to maximize returns
CITIC Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CITIC Resources' price direction in advance. Along with the technical and fundamental analysis of CITIC Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of CITIC 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 | 0.1074 | |||
Jensen Alpha | 1.44 | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 0.8681 |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Other Consideration for investing in CITIC Pink Sheet
If you are still planning to invest in CITIC Resources Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CITIC Resources' history and understand the potential risks before investing.
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