Ping An (Germany) Price on May 2, 2024
1XZ Stock | EUR 0.81 0.02 2.53% |
If you're considering investing in Ping Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ping An stands at 0.81, as last reported on the 27th of December, with the highest price reaching 0.81 and the lowest price hitting 0.78 during the day. Ping An Healthcare maintains Sharpe Ratio (i.e., Efficiency) of -0.0687, which implies the firm had a -0.0687% return per unit of risk over the last 3 months. Ping An Healthcare exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ping An's Risk Adjusted Performance of 0.0147, coefficient of variation of 14178.43, and Semi Deviation of 10.47 to confirm the risk estimate we provide.
Ping Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ping |
Sharpe Ratio = -0.0687
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Estimated Market Risk
8.93 actual daily | 79 79% of assets are less volatile |
Expected Return
-0.61 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ping An 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 Ping An by adding Ping An to a well-diversified portfolio.
Ping An Valuation on May 2, 2024
It is possible to determine the worth of Ping An on a given historical date. On May 2, 2024 Ping was worth 1.39 at the beginning of the trading date compared to the closed value of 1.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ping An stock. Still, in general, we apply an absolute valuation method to find Ping An'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 Ping An where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ping An's related companies.
Open | High | Low | Close | Volume | |
1.29 | 1.29 | 1.29 | 1.29 | 1.00 | |
05/02/2024 | 1.39 | 1.39 | 1.39 | 1.39 | 1.00 |
1.43 | 1.43 | 1.43 | 1.43 | 1.00 |
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Ping An Trading Date Momentum on May 2, 2024
On May 03 2024 Ping An Healthcare was traded for 1.43 at the closing time. The highest daily price throughout the period was 1.43 and the lowest price was 1.43 . There was no trading activity during the period 1.0. Lack of trading volume on 05/03/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 2.88% . The trading delta at closing time to current closing price is 2.16% . |
Ping An Healthcare Fundamentals Correlations and Trends
By evaluating Ping An'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 Ping An's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ping financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ping An Stock history
Ping An 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 Ping is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ping An Healthcare 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 Ping An stock prices may prove useful in developing a viable investing in Ping An
Ping An Healthcare and Technology Company Limited, together with its subsidiaries, operates an online healthcare services platform in the Peoples Republic of China. Ping An Healthcare and Technology Company Limited was incorporated in 2014 and is headquartered in Shanghai, China. PING AN is traded on Frankfurt Stock Exchange in Germany.
Ping An Stock Technical Analysis
Ping An 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
Ping An Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Ping An Healthcare cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Ping An December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Ping An stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ping An shares will generate the highest return on investment. By undertsting and applying Ping An stock market strength indicators, traders can identify Ping An Healthcare entry and exit signals to maximize returns
Ping An Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ping An's price direction in advance. Along with the technical and fundamental analysis of Ping Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ping 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 | 0.0147 | |||
Jensen Alpha | 0.0767 | |||
Total Risk Alpha | (0.44) | |||
Sortino Ratio | 9.0E-4 | |||
Treynor Ratio | (0.10) |
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Volume Indicators |
Complementary Tools for Ping Stock analysis
When running Ping An's price analysis, check to measure Ping An'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 Ping An is operating at the current time. Most of Ping An's value examination focuses on studying past and present price action to predict the probability of Ping An's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ping An's price. Additionally, you may evaluate how the addition of Ping An to your portfolios can decrease your overall portfolio volatility.
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