CICC Fund (China) Price on October 29, 2024
| 508058 Stock | 3.51 0.02 0.57% |
If you're considering investing in CICC Stock, it is important to understand the factors that can impact its price. As of today, the current price of CICC Fund stands at 3.51, as last reported on the 13th of December 2024, with the highest price reaching 3.57 and the lowest price hitting 3.46 during the day. At this point, CICC Fund is somewhat reliable. CICC Fund Management retains Efficiency (Sharpe Ratio) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CICC Fund, which you can use to evaluate the volatility of the firm. Please confirm CICC Fund's market risk adjusted performance of (8.28), and Coefficient Of Variation of 1058.17 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
CICC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CICC |
Sharpe Ratio = 0.1242
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| Cash | 508058 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average CICC Fund is performing at about 9% 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 CICC Fund by adding it to a well-diversified portfolio.
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CICC Fund Valuation on October 29, 2024
It is possible to determine the worth of CICC Fund on a given historical date. On October 29, 2024 CICC was worth 3.14 at the beginning of the trading date compared to the closed value of 3.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CICC Fund stock. Still, in general, we apply an absolute valuation method to find CICC Fund'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 CICC Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CICC Fund's related companies.
| Open | High | Low | Close | Volume | |
| 3.13 | 3.15 | 3.11 | 3.14 | 1,040,886 | |
10/29/2024 | 3.14 | 3.16 | 3.11 | 3.12 | 1,814,643 |
| 3.12 | 3.12 | 3.07 | 3.12 | 1,684,221 |
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CICC Fund Trading Date Momentum on October 29, 2024
| On October 30 2024 CICC Fund Management was traded for 3.12 at the closing time. The highest price during the trading period was 3.12 and the lowest recorded bid was listed for 3.07 . The volume for the day was 1.7 M. This history from October 30, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
About CICC Fund Stock history
CICC Fund 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 CICC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CICC Fund Management 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 CICC Fund stock prices may prove useful in developing a viable investing in CICC Fund
CICC Fund Stock Technical Analysis
CICC Fund 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
CICC Fund Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
CICC Fund Management cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.
CICC Fund December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how CICC Fund stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CICC Fund shares will generate the highest return on investment. By undertsting and applying CICC Fund stock market strength indicators, traders can identify CICC Fund Management entry and exit signals to maximize returns
CICC Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CICC Fund's price direction in advance. Along with the technical and fundamental analysis of CICC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CICC 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 | 0.0713 | |||
| Jensen Alpha | 0.0847 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (8.29) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for CICC Stock analysis
When running CICC Fund's price analysis, check to measure CICC Fund'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 CICC Fund is operating at the current time. Most of CICC Fund's value examination focuses on studying past and present price action to predict the probability of CICC Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CICC Fund's price. Additionally, you may evaluate how the addition of CICC Fund to your portfolios can decrease your overall portfolio volatility.
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