China Resources (China) Price on December 12, 2024
| 000999 Stock | 44.17 0.35 0.80% |
Below is the normalized historical share price chart for China Resources Sanjiu extending back to March 09, 2000. 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 Resources stands at 44.17, as last reported on the 22nd of January, with the highest price reaching 44.24 and the lowest price hitting 43.51 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Resources Sanjiu secures Sharpe Ratio (or Efficiency) of -0.058, which signifies that the company had a -0.058 % return per unit of risk over the last 3 months. China Resources Sanjiu exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Resources' Standard Deviation of 1.59, risk adjusted performance of (0.02), and Mean Deviation of 1.17 to double-check the risk estimate we provide.
At present, China Resources' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 260.4 K, whereas Common Stock is forecasted to decline to about 1 B. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of November 1999 | 200 Day MA 44.7852 | 50 Day MA 45.3176 | Beta 0.411 |
China |
Sharpe Ratio = -0.058
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 000999 |
Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China Resources 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 China Resources by adding China Resources to a well-diversified portfolio.
Price Book 2.7628 | Enterprise Value Ebitda 11.0575 | Price Sales 2.1748 | Shares Float 473.7 M | Dividend Share 1.154 |
China Resources Main Headline on 12th of December 2024
Sumec And Two Dividend Stocks For A Stronger Portfolio - Yah... by news.google.com
Sumec And Two Dividend Stocks For A Stronger Portfolio Yahoo Finance
China Resources Valuation on December 12, 2024
It is possible to determine the worth of China Resources on a given historical date. On December 12, 2024 China was worth 45.36 at the beginning of the trading date compared to the closed value of 46.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Resources stock. Still, in general, we apply an absolute valuation method to find China Resources' 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 Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Resources' related companies.
| Open | High | Low | Close | Volume | |
| 44.57 | 45.95 | 44.57 | 45.25 | 10,322,880 | |
12/12/2024 | 45.36 | 46.48 | 45.00 | 46.41 | 10,988,295 |
| 46.20 | 46.45 | 45.21 | 45.24 | 7,530,983 |
| Backtest China Resources | | | China Resources History | | | China Resources Valuation | Previous | Next |
China Resources Trading Date Momentum on December 12, 2024
| On December 13 2024 China Resources Sanjiu was traded for 45.24 at the closing time. The highest price during the trading period was 46.45 and the lowest recorded bid was listed for 45.21 . The volume for the day was 7.5 M. This history from December 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.52% . The overall trading delta to the current price is 0.02% . |
China Resources Sanjiu Fundamentals Correlations and Trends
By evaluating China Resources' 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 Resources' 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 Resources Stock history
China Resources 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 Resources Sanjiu 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 Resources stock prices may prove useful in developing a viable investing in China Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 1.1 B | |
| Net Income Applicable To Common Shares | 2.8 B | 3 B |
China Resources Quarterly Net Working Capital |
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China Resources Stock Technical Analysis
China Resources 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 Resources Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
China Resources Sanjiu 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 Resources January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how China Resources 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 Resources shares will generate the highest return on investment. By undertsting and applying China Resources stock market strength indicators, traders can identify China Resources Sanjiu entry and exit signals to maximize returns
China Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Resources' 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 | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | 0.2834 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Resources' price analysis, check to measure China Resources' 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 Resources is operating at the current time. Most of China Resources' value examination focuses on studying past and present price action to predict the probability of China Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Resources' price. Additionally, you may evaluate how the addition of China Resources to your portfolios can decrease your overall portfolio volatility.
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