China Union (China) Price on May 30, 2024
| 000036 Stock | 4.42 0.01 0.23% |
Below is the normalized historical share price chart for China Union Holdings extending back to June 17, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of China Union stands at 4.42, as last reported on the 23rd of December, with the highest price reaching 4.52 and the lowest price hitting 4.40 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Union appears to be relatively risky, given 3 months investment horizon. China Union Holdings secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. By analyzing China Union's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please makes use of China Union's Downside Deviation of 3.92, risk adjusted performance of 0.1544, and Mean Deviation of 3.06 to double-check if our risk estimates are consistent with your expectations.
As of December 23, 2024, Total Stockholder Equity is expected to decline to about 2.9 B. In addition to that, Common Stock is expected to decline to about 1.1 B. China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of December 1993 | 200 Day MA 3.527 | 50 Day MA 4.951 | Beta 0.601 |
China |
Sharpe Ratio = 0.1454
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 000036 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average China Union is performing at about 11% 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 China Union by adding it to a well-diversified portfolio.
Price Book 1.2906 | Enterprise Value Ebitda 37.4075 | Price Sales 13.5314 | Shares Float 467.2 M | Wall Street Target Price 4.85 |
China Union Valuation on May 30, 2024
It is possible to determine the worth of China Union on a given historical date. On May 30, 2024 China was worth 3.38 at the beginning of the trading date compared to the closed value of 3.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Union stock. Still, in general, we apply an absolute valuation method to find China Union'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 China Union where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Union's related companies.
| Open | High | Low | Close | Volume | |
| 3.35 | 3.43 | 3.35 | 3.37 | 5,596,770 | |
05/30/2024 | 3.38 | 3.38 | 3.29 | 3.30 | 9,045,759 |
| 3.31 | 3.38 | 3.31 | 3.31 | 6,826,410 |
| Backtest China Union | | | China Union History | | | China Union Valuation | Previous | Next |
China Union Trading Date Momentum on May 30, 2024
| On May 31 2024 China Union Holdings was traded for 3.31 at the closing time. The highest price during the trading period was 3.38 and the lowest recorded bid was listed for 3.31 . The volume for the day was 6.8 M. This history from May 31, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.30% . The overall trading delta to the current price is 5.15% . |
China Union Holdings Fundamentals Correlations and Trends
By evaluating China Union'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 China Union's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Union Stock history
China Union 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Union 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 China Union stock prices may prove useful in developing a viable investing in China Union
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.2 B | |
| Net Income Applicable To Common Shares | 501.1 M | 382.7 M |
China Union Quarterly Net Working Capital |
|
China Union Stock Technical Analysis
China Union 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
China Union Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
China Union Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock 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.
China Union December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how China Union stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Union shares will generate the highest return on investment. By undertsting and applying China Union stock market strength indicators, traders can identify China Union Holdings entry and exit signals to maximize returns
China Union Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Union's price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | 0.1544 | |||
| Jensen Alpha | 0.724 | |||
| Total Risk Alpha | 0.6238 | |||
| Sortino Ratio | 0.1826 | |||
| Treynor Ratio | 1.26 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Union's price analysis, check to measure China Union'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 China Union is operating at the current time. Most of China Union's value examination focuses on studying past and present price action to predict the probability of China Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Union's price. Additionally, you may evaluate how the addition of China Union to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |