Chinese Universe (China) Price on April 8, 2024

600373 Stock   12.55  0.33  2.56%   
If you're considering investing in Chinese Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chinese Universe stands at 12.55, as last reported on the 1st of January, with the highest price reaching 13.05 and the lowest price hitting 12.50 during the day. Chinese Universe Pub secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Chinese Universe Publishing exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chinese Universe's Risk Adjusted Performance of (0.11), standard deviation of 2.41, and Mean Deviation of 1.65 to double-check the risk estimate we provide.
  
Chinese Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1467

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Estimated Market Risk

 2.41
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.35
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Chinese Universe 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 Chinese Universe by adding Chinese Universe to a well-diversified portfolio.

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Chinese Universe Valuation on April 8, 2024

It is possible to determine the worth of Chinese Universe on a given historical date. On April 8, 2024 Chinese was worth 14.77 at the beginning of the trading date compared to the closed value of 14.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chinese Universe stock. Still, in general, we apply an absolute valuation method to find Chinese Universe'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 Chinese Universe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chinese Universe's related companies.
 Open High Low Close Volume
  14.86    15.06    14.42    14.87    19,782,203  
04/08/2024
  14.77    15.08    14.60    14.88    14,986,137  
  14.95    15.05    14.43    14.51    16,629,597  
Backtest Chinese Universe  |  Chinese Universe History  |  Chinese Universe Valuation   PreviousNext  
Open Value
14.77
14.88
Closing Value
22.00
Upside

Chinese Universe Trading Date Momentum on April 8, 2024

On April 09 2024 Chinese Universe Publishing was traded for  14.51  at the closing time. The highest price during the trading period was 15.05  and the lowest recorded bid was listed for  14.43 . The volume for the day was 16.6 M. This history from April 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.49% . The overall trading delta to the current price is 4.84% .

Chinese Universe Pub Fundamentals Correlations and Trends

By evaluating Chinese Universe'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 Chinese Universe's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chinese financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Chinese Universe Stock history

Chinese Universe 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 Chinese is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chinese Universe Pub 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 Chinese Universe stock prices may prove useful in developing a viable investing in Chinese Universe

Chinese Universe Stock Technical Analysis

Chinese Universe 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 Chinese Universe technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chinese Universe 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

Chinese Universe Period Price Range

Low
January 1, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Chinese Universe Publishing 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.

Chinese Universe January 1, 2025 Market Strength

Market strength indicators help investors to evaluate how Chinese Universe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chinese Universe shares will generate the highest return on investment. By undertsting and applying Chinese Universe stock market strength indicators, traders can identify Chinese Universe Publishing entry and exit signals to maximize returns

Chinese Universe Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Chinese Universe's price direction in advance. Along with the technical and fundamental analysis of Chinese Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chinese 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 Chinese Stock analysis

When running Chinese Universe's price analysis, check to measure Chinese Universe'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 Chinese Universe is operating at the current time. Most of Chinese Universe's value examination focuses on studying past and present price action to predict the probability of Chinese Universe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chinese Universe's price. Additionally, you may evaluate how the addition of Chinese Universe to your portfolios can decrease your overall portfolio volatility.
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