Changchun High (China) Price on December 11, 2024

000661 Stock   95.11  2.08  2.14%   
If you're considering investing in Changchun Stock, it is important to understand the factors that can impact its price. As of today, the current price of Changchun High stands at 95.11, as last reported on the 5th of January, with the highest price reaching 98.60 and the lowest price hitting 94.81 during the day. Changchun High New secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of standard deviation over the last 3 months. Changchun High New exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Changchun High's mean deviation of 1.67, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide.
  
Changchun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1493

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Estimated Market Risk

 2.33
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.35
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Changchun High 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 Changchun High by adding Changchun High to a well-diversified portfolio.

Changchun High Valuation on December 11, 2024

It is possible to determine the worth of Changchun High on a given historical date. On December 11, 2024 Changchun was worth 107.75 at the beginning of the trading date compared to the closed value of 107.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Changchun High stock. Still, in general, we apply an absolute valuation method to find Changchun High'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 Changchun High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Changchun High's related companies.
 Open High Low Close Volume
  110.36    111.46    107.88    108.30    6,132,939  
12/11/2024
  107.75    109.20    107.36    107.40    4,207,498  
  107.18    107.93    106.36    107.87    4,457,437  
Backtest Changchun High  |  Changchun High History  |  Changchun High Valuation   PreviousNext  
Open Value
107.75
100.77
Downside
107.4
Closing Value
114.73
Upside

Changchun High Trading Date Momentum on December 11, 2024

On December 12 2024 Changchun High New was traded for  107.87  at the closing time. The highest price during the trading period was 107.93  and the lowest recorded bid was listed for  106.36 . The volume for the day was 4.5 M. This history from December 12, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.44% . The overall trading delta to the current price is 5.96% .

Changchun High New Fundamentals Correlations and Trends

By evaluating Changchun High'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 Changchun High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Changchun financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Changchun High Stock history

Changchun High 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 Changchun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Changchun High New 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 Changchun High stock prices may prove useful in developing a viable investing in Changchun High

Changchun High Stock Technical Analysis

Changchun High 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.
A focus of Changchun High technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Changchun High trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Changchun High Period Price Range

Low
January 5, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Changchun High New 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.

Changchun High January 5, 2025 Market Strength

Market strength indicators help investors to evaluate how Changchun High stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Changchun High shares will generate the highest return on investment. By undertsting and applying Changchun High stock market strength indicators, traders can identify Changchun High New entry and exit signals to maximize returns

Changchun High Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Changchun High's price direction in advance. Along with the technical and fundamental analysis of Changchun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Changchun 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.

Complementary Tools for Changchun Stock analysis

When running Changchun High's price analysis, check to measure Changchun High'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 Changchun High is operating at the current time. Most of Changchun High's value examination focuses on studying past and present price action to predict the probability of Changchun High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changchun High's price. Additionally, you may evaluate how the addition of Changchun High to your portfolios can decrease your overall portfolio volatility.
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