China World (China) Price on May 6, 2024
| 600007 Stock | 24.43 0.16 0.66% |
Below is the normalized historical share price chart for China World Trade extending back to March 12, 1999. 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 World stands at 24.43, as last reported on the 27th of December, with the highest price reaching 24.68 and the lowest price hitting 24.25 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China World Trade secures Sharpe Ratio (or Efficiency) of -0.0861, which signifies that the company had a -0.0861% return per unit of risk over the last 3 months. China World Trade exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China World's Risk Adjusted Performance of 0.0109, mean deviation of 1.51, and Downside Deviation of 2.54 to double-check the risk estimate we provide.
As of December 27, 2024, Total Stockholder Equity is expected to decline to about 5.6 B. In addition to that, Common Stock is expected to decline to about 1 B. China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 23.1604 | 50 Day MA 23.144 | Beta 0.985 |
China |
Sharpe Ratio = -0.0861
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 600007 |
Estimated Market Risk
| 2.1 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China World 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 World by adding China World to a well-diversified portfolio.
Price Book 2.6345 | Enterprise Value Ebitda 13.1425 | Price Sales 6.188 | Shares Float 189.1 M | Wall Street Target Price 28.45 |
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China World Valuation on May 6, 2024
It is possible to determine the worth of China World on a given historical date. On May 6, 2024 China was worth 23.58 at the beginning of the trading date compared to the closed value of 23.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China World stock. Still, in general, we apply an absolute valuation method to find China World'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 World where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China World's related companies.
| Open | High | Low | Close | Volume | |
| 23.54 | 23.64 | 23.05 | 23.29 | 3,070,850 | |
05/06/2024 | 23.58 | 23.78 | 23.33 | 23.54 | 3,530,373 |
| 23.38 | 23.72 | 23.19 | 23.61 | 2,685,112 |
| Backtest China World | | | China World History | | | China World Valuation | Previous | Next |
China World Trading Date Momentum on May 6, 2024
| On May 07 2024 China World Trade was traded for 23.61 at the closing time. The highest price during the trading period was 23.72 and the lowest recorded bid was listed for 23.19 . The volume for the day was 2.7 M. This history from May 7, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.30% . The overall trading delta to the current price is 2.76% . |
China World Trade Fundamentals Correlations and Trends
By evaluating China World'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 China World's 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 World Stock history
China World 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 World Trade 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 World stock prices may prove useful in developing a viable investing in China World
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 906.6 M | 805.8 M | |
| Net Income Applicable To Common Shares | 1.2 B | 1.2 B |
China World Quarterly Net Working Capital |
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China World Stock Technical Analysis
China World 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 World Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
China World Trade 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 World December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how China World 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 World shares will generate the highest return on investment. By undertsting and applying China World stock market strength indicators, traders can identify China World Trade entry and exit signals to maximize returns
China World Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China World'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.
| Risk Adjusted Performance | 0.0109 | |||
| Jensen Alpha | 0.0042 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.06) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China World's price analysis, check to measure China World'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 World is operating at the current time. Most of China World's value examination focuses on studying past and present price action to predict the probability of China World'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 World's price. Additionally, you may evaluate how the addition of China World to your portfolios can decrease your overall portfolio volatility.
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