Industrial And Commercial Stock Price on November 1, 2024
| IDCBF Stock | USD 0.61 0.00 0.00% |
If you're considering investing in Industrial Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Industrial stands at 0.61, as last reported on the 4th of December, with the highest price reaching 0.61 and the lowest price hitting 0.61 during the day. At this point, Industrial is extremely dangerous. Industrial and Commercial holds Efficiency (Sharpe) Ratio of 0.0447, which attests that the entity had a 0.0447% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Industrial and Commercial, which you can use to evaluate the volatility of the firm. Please check out Industrial's Risk Adjusted Performance of 0.0403, market risk adjusted performance of 0.2421, and Standard Deviation of 2.35 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
Industrial Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Industrial |
Sharpe Ratio = 0.0447
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | IDCBF | High Risk | Huge Risk |
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Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Industrial is performing at about 3% 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 Industrial by adding it to a well-diversified portfolio.
Industrial Valuation on November 1, 2024
It is possible to determine the worth of Industrial on a given historical date. On November 1, 2024 Industrial was worth 0.59 at the beginning of the trading date compared to the closed value of 0.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Industrial pink sheet. Still, in general, we apply an absolute valuation method to find Industrial'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 Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 0.59 | 0.59 | 0.59 | 0.59 | 1.00 | |
11/01/2024 | 0.59 | 0.59 | 0.59 | 0.59 | 1.00 |
| 0.59 | 0.59 | 0.59 | 0.59 | 1.00 |
| Backtest Industrial | | | Industrial History | | | Industrial Valuation | Previous | Next |
Industrial Trading Date Momentum on November 1, 2024
| On November 04 2024 Industrial and Commercial was traded for 0.59 at the closing time. The highest daily price throughout the period was 0.59 and the lowest price was 0.59 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 did not cause price change. The trading delta at closing time to current closing price is 1.69% . |
Industrial and Commercial Fundamentals Correlations and Trends
By evaluating Industrial'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 Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Industrial financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Industrial Pink Sheet history
Industrial 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 Industrial is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Industrial and Commercial 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 Industrial stock prices may prove useful in developing a viable investing in Industrial
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the Peoples Republic of China and internationally. The company was founded in 1984 and is based in Beijing, the Peoples Republic of China. Industrial Commer operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 425000 people.
Industrial Pink Sheet Technical Analysis
Industrial 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
Industrial Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Industrial and Commercial 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.
Industrial December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Industrial 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 Industrial shares will generate the highest return on investment. By undertsting and applying Industrial pink sheet market strength indicators, traders can identify Industrial and Commercial entry and exit signals to maximize returns
Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Industrial's price direction in advance. Along with the technical and fundamental analysis of Industrial Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Industrial 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 | 0.0403 | |||
| Jensen Alpha | 0.0518 | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 0.2321 |
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| Math Transform | ||
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| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Industrial Pink Sheet analysis
When running Industrial's price analysis, check to measure Industrial'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 Industrial is operating at the current time. Most of Industrial's value examination focuses on studying past and present price action to predict the probability of Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial's price. Additionally, you may evaluate how the addition of Industrial to your portfolios can decrease your overall portfolio volatility.
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