PetroChina Company (Germany) Price on October 29, 2024
| PC6 Stock | EUR 0.67 0.01 1.52% |
If you're considering investing in PetroChina Stock, it is important to understand the factors that can impact its price. As of today, the current price of PetroChina Company stands at 0.67, as last reported on the 2nd of December, with the highest price reaching 0.67 and the lowest price hitting 0.66 during the day. PetroChina Company appears to be out of control, given 3 months investment horizon. PetroChina Limited maintains Sharpe Ratio (i.e., Efficiency) of 0.0881, which implies the firm had a 0.0881% return per unit of risk over the last 3 months. By analyzing PetroChina Company's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please evaluate PetroChina Company's Semi Deviation of 2.46, risk adjusted performance of 0.0761, and Coefficient Of Variation of 1135.35 to confirm if our risk estimates are consistent with your expectations.
PetroChina Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PetroChina |
Sharpe Ratio = 0.0881
| Best Portfolio | Best Equity | |||
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| Small Returns | PC6 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.23 actual daily | 55 55% of assets are less volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average PetroChina Company is performing at about 6% 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 PetroChina Company by adding it to a well-diversified portfolio.
PetroChina Company Valuation on October 29, 2024
It is possible to determine the worth of PetroChina Company on a given historical date. On October 29, 2024 PetroChina was worth 0.68 at the beginning of the trading date compared to the closed value of 0.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PetroChina Company stock. Still, in general, we apply an absolute valuation method to find PetroChina Company'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 PetroChina Company where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PetroChina Company's related companies.
| Open | High | Low | Close | Volume | |
| 0.71 | 0.71 | 0.70 | 0.70 | 29,620 | |
10/29/2024 | 0.68 | 0.69 | 0.68 | 0.69 | 10,000 |
| 0.68 | 0.68 | 0.68 | 0.68 | 600.00 |
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PetroChina Company Trading Date Momentum on October 29, 2024
| On October 30 2024 PetroChina Company Limited was traded for 0.68 at the closing time. The highest daily price throughout the period was 0.68 and the lowest price was 0.68 . The daily volume was 600. The net trading volume on 10/30/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.45% . The trading delta at closing time to current closing price is 1.45% . |
PetroChina Limited Fundamentals Correlations and Trends
By evaluating PetroChina Company'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 PetroChina Company's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PetroChina financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PetroChina Company Stock history
PetroChina Company 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 PetroChina is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PetroChina Limited 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 PetroChina Company stock prices may prove useful in developing a viable investing in PetroChina Company
PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation. PETROCHINA LTD operates under Oil Gas Integrated classification in Germany and is traded on Frankfurt Stock Exchange. It employs 476223 people.
PetroChina Company Stock Technical Analysis
PetroChina Company technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
PetroChina Company Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
PetroChina Company Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
PetroChina Company December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how PetroChina Company stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PetroChina Company shares will generate the highest return on investment. By undertsting and applying PetroChina Company stock market strength indicators, traders can identify PetroChina Company Limited entry and exit signals to maximize returns
PetroChina Company Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PetroChina Company's price direction in advance. Along with the technical and fundamental analysis of PetroChina Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PetroChina 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 | 0.0761 | |||
| Jensen Alpha | 0.3741 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 0.1144 | |||
| Treynor Ratio | 0.4172 |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for PetroChina Stock analysis
When running PetroChina Company's price analysis, check to measure PetroChina Company'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 PetroChina Company is operating at the current time. Most of PetroChina Company's value examination focuses on studying past and present price action to predict the probability of PetroChina Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PetroChina Company's price. Additionally, you may evaluate how the addition of PetroChina Company to your portfolios can decrease your overall portfolio volatility.
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