Petrochina Co Ltd Stock Price on September 3, 2024
If you're considering investing in PetroChina Pink Sheet, it is important to understand the factors that can impact its price. At this point, PetroChina is abnormally volatile. PetroChina maintains Sharpe Ratio (i.e., Efficiency) of 0.0028, which implies the firm had a 0.0028% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for PetroChina, which you can use to evaluate the volatility of the company. Please check PetroChina's Coefficient Of Variation of 35791.11, semi deviation of 3.24, and Risk Adjusted Performance of 0.0102 to confirm if the risk estimate we provide is consistent with the expected return of 0.0108%.
PetroChina Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
PetroChina |
Sharpe Ratio = 0.0028
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PCCYF |
Estimated Market Risk
| 3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
PetroChina Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
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PetroChina December 20, 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 | 0.0102 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0026 |
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| Math Transform | ||
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| 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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