Chinese Universe (China) Price on July 9, 2024

600373 Stock   12.82  0.15  1.16%   
Below is the normalized historical share price chart for Chinese Universe Publishing extending back to March 04, 2002. 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 Chinese Universe stands at 12.82, as last reported on the 27th of December, with the highest price reaching 13.04 and the lowest price hitting 12.80 during the day.
IPO Date
4th of February 2002
200 Day MA
14.265
50 Day MA
13.2348
Beta
0.509
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Chinese Stock, it is important to understand the factors that can impact its price. Chinese Universe Pub secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Chinese Universe Publishing exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chinese Universe's Mean Deviation of 1.8, standard deviation of 2.57, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
  
At present, Chinese Universe's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 1.6 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.1 B. . Chinese Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1245

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Negative Returns600373

Estimated Market Risk

 2.44
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.3
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  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.
Price Book
0.9958
Enterprise Value Ebitda
2.0632
Price Sales
1.8741
Shares Float
600.9 M
Wall Street Target Price
18.85

Chinese Universe Valuation on July 9, 2024

It is possible to determine the worth of Chinese Universe on a given historical date. On July 9, 2024 Chinese was worth 14.6 at the beginning of the trading date compared to the closed value of 15.08. 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
  14.92    15.04    14.54    14.60    6,079,986  
07/09/2024
  14.60    15.11    14.52    15.08    8,710,900  
  15.08    15.34    14.60    14.67    9,498,990  
Backtest Chinese Universe  |  Chinese Universe History  |  Chinese Universe Valuation   PreviousNext  
Open Value
14.6
15.08
Closing Value
21.93
Upside

Chinese Universe Trading Date Momentum on July 9, 2024

On July 10 2024 Chinese Universe Publishing was traded for  14.67  at the closing time. The highest price during the trading period was 15.34  and the lowest recorded bid was listed for  14.60 . The volume for the day was 9.5 M. This history from July 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.72% . The overall trading delta to the current price is 12.27% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.2 B1.1 B
Net Income Applicable To Common Shares2.2 B2.3 B

Chinese Universe Quarterly Net Working Capital

9.06 Billion

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
December 27, 2024
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 December 27, 2024 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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