159792 (China) Price on January 17, 2024
| 159792 Etf | 0.68 0.01 1.45% |
If you're considering investing in 159792 Etf, it is important to understand the factors that can impact its price. As of today, the current price of 159792 stands at 0.68, as last reported on the 2nd of December, with the highest price reaching 0.70 and the lowest price hitting 0.68 during the day. 159792 appears to be extremely dangerous, given 3 months investment horizon. 159792 retains Efficiency (Sharpe Ratio) of 0.15, which signifies that the etf had a 0.15% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for 159792, which you can use to evaluate the volatility of the entity. Please makes use of 159792's Standard Deviation of 2.74, coefficient of variation of 680.4, and Market Risk Adjusted Performance of (10.66) to double-check if our risk estimates are consistent with your expectations.
159792 Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
159792 |
Sharpe Ratio = 0.147
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 159792 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average 159792 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 159792 by adding it to a well-diversified portfolio.
159792 Valuation on January 17, 2024
It is possible to determine the worth of 159792 on a given historical date. On January 17, 2024 159792 was worth 0.5 at the beginning of the trading date compared to the closed value of 0.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 159792 etf. Still, in general, we apply an absolute valuation method to find 159792'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 159792 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 159792's related companies.
| Open | High | Low | Close | Volume | |
| 0.51 | 0.52 | 0.50 | 0.50 | 698,081,195 | |
01/17/2024 | 0.50 | 0.50 | 0.47 | 0.47 | 1,116,037,949 |
| 0.47 | 0.48 | 0.47 | 0.48 | 1,765,174,435 |
| Backtest 159792 | | | 159792 History | Previous | Next |
159792 Trading Date Momentum on January 17, 2024
| On January 18 2024 159792 was traded for 0.48 at the closing time. The highest price during the trading period was 0.48 and the lowest recorded bid was listed for 0.47 . The volume for the day was 1.8 B. This history from January 18, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.13% . The daily price change to the current price is 0.00% . |
Price Boundaries
159792 Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
159792 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.
159792 December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how 159792 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 159792 shares will generate the highest return on investment. By undertsting and applying 159792 etf market strength indicators, traders can identify 159792 entry and exit signals to maximize returns
159792 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 159792's price direction in advance. Along with the technical and fundamental analysis of 159792 Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 159792 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.