China Asset (China) Price on March 28, 2024

508068 Stock   3.51  0.02  0.57%   
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Asset stands at 3.51, as last reported on the 24th of December, with the highest price reaching 3.52 and the lowest price hitting 3.50 during the day. At this point, China Asset is somewhat reliable. China Asset Management 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-eight technical indicators for China Asset Management, which you can use to evaluate the volatility of the firm. Please confirm China Asset's Downside Deviation of 0.86, mean deviation of 0.7138, and Risk Adjusted Performance of 0.1263 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
  
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1398

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns508068
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.13
  actual daily
10
90% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average China Asset 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 China Asset by adding it to a well-diversified portfolio.

China Asset Valuation on March 28, 2024

It is possible to determine the worth of China Asset on a given historical date. On March 28, 2024 China was worth 2.74 at the beginning of the trading date compared to the closed value of 2.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Asset stock. Still, in general, we apply an absolute valuation method to find China Asset'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 Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Asset's related companies.
 Open High Low Close Volume
  2.68    2.75    2.68    2.74    5,053,946  
03/28/2024
  2.74    2.75    2.70    2.72    4,099,881  
  2.72    2.73    2.70    2.72    3,805,941  
Backtest China Asset  |  China Asset History  PreviousNext  
Open Value
2.74
2.72
Closing Value
6.13
Upside

China Asset Trading Date Momentum on March 28, 2024

On March 29 2024 China Asset Management was traded for  2.72  at the closing time. The highest price during the trading period was 2.73  and the lowest recorded bid was listed for  2.70 . The volume for the day was 3.8 M. This history from March 29, 2024 did not affect price variability. The overall trading delta to the current price is 1.84% .

About China Asset Stock history

China Asset 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 Asset 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 China Asset stock prices may prove useful in developing a viable investing in China Asset

China Asset Stock Technical Analysis

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

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

China Asset 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.

China Asset December 24, 2024 Market Strength

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

China Asset Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for China Asset'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 Asset's price analysis, check to measure China Asset'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 Asset is operating at the current time. Most of China Asset's value examination focuses on studying past and present price action to predict the probability of China Asset'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 Asset's price. Additionally, you may evaluate how the addition of China Asset to your portfolios can decrease your overall portfolio volatility.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
CEOs Directory
Screen CEOs from public companies around the world
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.