Petrochina Co Ltd Stock Price on August 27, 2024
PCCYF Stock | USD 0.74 0.03 3.90% |
If you're considering investing in PetroChina Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of PetroChina stands at 0.74, as last reported on the 29th of December, with the highest price reaching 0.77 and the lowest price hitting 0.74 during the day. PetroChina maintains Sharpe Ratio (i.e., Efficiency) of -0.0146, which implies the firm had a -0.0146% return per unit of risk over the last 3 months. PetroChina exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PetroChina's Semi Deviation of 3.08, risk adjusted performance of 0.0139, and Coefficient Of Variation of 13204.05 to confirm the risk estimate we provide.
PetroChina Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
PetroChina |
Sharpe Ratio = -0.0146
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Negative Returns | PCCYF |
Estimated Market Risk
3.71 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PetroChina 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 PetroChina by adding PetroChina to a well-diversified portfolio.
PetroChina Valuation on August 27, 2024
It is possible to determine the worth of PetroChina on a given historical date. On August 27, 2024 PetroChina was worth 0.87 at the beginning of the trading date compared to the closed value of 0.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PetroChina pink sheet. Still, in general, we apply an absolute valuation method to find PetroChina'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PetroChina's related companies.
Open | High | Low | Close | Volume | |
0.82 | 0.84 | 0.81 | 0.82 | 65,600 | |
08/27/2024 | 0.87 | 0.87 | 0.86 | 0.86 | 27,000 |
0.87 | 0.87 | 0.86 | 0.86 | 28,790 |
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PetroChina Trading Date Momentum on August 27, 2024
On August 28 2024 PetroChina Co Ltd was traded for 0.86 at the closing time. The highest daily price throughout the period was 0.87 and the lowest price was 0.86 . The daily volume was 28.8 K. The net trading volume on 08/28/2024 did not cause price change. The trading delta at closing time to current closing price is 10.47% . |
PetroChina Fundamentals Correlations and Trends
By evaluating PetroChina'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'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 Pink Sheet history
PetroChina 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 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 stock prices may prove useful in developing a viable investing in PetroChina
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 operates under Oil Gas Integrated classification in the United States and is traded on OTC Exchange. It employs 417173 people.
PetroChina Pink Sheet Technical Analysis
PetroChina 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
PetroChina Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
PetroChina Co Ltd 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.
PetroChina December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how PetroChina 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 PetroChina shares will generate the highest return on investment. By undertsting and applying PetroChina pink sheet market strength indicators, traders can identify PetroChina Co Ltd entry and exit signals to maximize returns
PetroChina Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PetroChina's price direction in advance. Along with the technical and fundamental analysis of PetroChina Pink Sheet 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 | 0.0139 | |||
Jensen Alpha | 0.0311 | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | (0.0009) | |||
Treynor Ratio | (0.03) |
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Math Transform | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for PetroChina Pink Sheet analysis
When running PetroChina's price analysis, check to measure PetroChina'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 is operating at the current time. Most of PetroChina's value examination focuses on studying past and present price action to predict the probability of PetroChina'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's price. Additionally, you may evaluate how the addition of PetroChina to your portfolios can decrease your overall portfolio volatility.
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