China Railway (China) Price on July 3, 2024

000927 Stock   2.79  0.04  1.41%   
Below is the normalized historical share price chart for China Railway Materials extending back to July 27, 1999. 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 Railway stands at 2.79, as last reported on the 20th of December, with the highest price reaching 2.83 and the lowest price hitting 2.78 during the day.
IPO Date
28th of June 1999
200 Day MA
2.59
50 Day MA
2.8138
Beta
0.836
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Railway appears to be unstable, given 3 months investment horizon. China Railway Materials secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for China Railway Materials, which you can use to evaluate the volatility of the firm. Please makes use of China Railway's Mean Deviation of 1.79, risk adjusted performance of 0.1228, and Downside Deviation of 2.59 to double-check if our risk estimates are consistent with your expectations.
  
At present, China Railway's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 26.2 B, whereas Other Stockholder Equity is forecasted to decline to 0.86. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1386

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Estimated Market Risk

 2.43
  actual daily
21
79% of assets are more volatile

Expected Return

 0.34
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average China Railway is performing at about 10% 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 Railway by adding it to a well-diversified portfolio.
Price Book
1.8414
Enterprise Value Ebitda
19.7633
Price Sales
0.422
Shares Float
1.8 B
Dividend Share
0.01

China Railway Valuation on July 3, 2024

It is possible to determine the worth of China Railway on a given historical date. On July 3, 2024 China was worth 2.4 at the beginning of the trading date compared to the closed value of 2.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Railway stock. Still, in general, we apply an absolute valuation method to find China Railway'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 Railway where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Railway's related companies.
 Open High Low Close Volume
  2.39    2.42    2.38    2.39    14,508,692  
07/03/2024
  2.40    2.44    2.39    2.40    19,382,200  
  2.39    2.41    2.32    2.34    20,702,500  
Backtest China Railway  |  China Railway History  |  China Railway Valuation PreviousNext  
Open Value
2.4
2.4
Closing Value
9.70
Upside

China Railway Trading Date Momentum on July 3, 2024

On July 04 2024 China Railway Materials was traded for  2.34  at the closing time. The highest price during the trading period was 2.41  and the lowest recorded bid was listed for  2.32 . The volume for the day was 20.7 M. This history from July 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.50% . The overall trading delta to the current price is 1.25% .
JavaScript chart by amCharts 3.21.1507/03/2024Jun 24Jun 26Jun 28Jun 30JulJul 04Jul 06Jul 08Jul 10Jul 122.282.302.322.342.362.382.40

China Railway Materials Fundamentals Correlations and Trends

By evaluating China Railway'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 Railway'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 Railway Stock history

China Railway 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 Railway Materials 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 Railway stock prices may prove useful in developing a viable investing in China Railway
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.4 BB
Net Income Applicable To Common Shares1.1 B1.2 B

China Railway Stock Technical Analysis

China Railway 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 China Railway technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Railway 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

China Railway Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

China Railway Materials 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 Railway December 20, 2024 Market Strength

Market strength indicators help investors to evaluate how China Railway 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 Railway shares will generate the highest return on investment. By undertsting and applying China Railway stock market strength indicators, traders can identify China Railway Materials entry and exit signals to maximize returns

China Railway Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for China Railway'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.

Complementary Tools for China Stock analysis

When running China Railway's price analysis, check to measure China Railway'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 Railway is operating at the current time. Most of China Railway's value examination focuses on studying past and present price action to predict the probability of China Railway'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 Railway's price. Additionally, you may evaluate how the addition of China Railway to your portfolios can decrease your overall portfolio volatility.
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