Minmetals Capital (China) Price on November 1, 2024
| 600390 Stock | 7.19 0.14 1.99% |
Below is the normalized historical share price chart for Minmetals Capital Co extending back to January 15, 2001. 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 Minmetals Capital stands at 7.19, as last reported on the 2nd of December, with the highest price reaching 7.39 and the lowest price hitting 6.98 during the day.
If you're considering investing in Minmetals Stock, it is important to understand the factors that can impact its price. Minmetals Capital is relatively risky given 3 months investment horizon. Minmetals Capital has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.12% are justified by taking the suggested risk. Use Minmetals Capital Risk Adjusted Performance of 0.1579, downside deviation of 3.51, and Mean Deviation of 3.41 to evaluate company specific risk that cannot be diversified away.
At present, Minmetals Capital'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 5.4 B, whereas Other Stockholder Equity is projected to grow to (248.3 M). . Minmetals Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of December 2000 | 200 Day MA 5.0546 | 50 Day MA 6.9558 | Beta 0.721 |
Minmetals |
Sharpe Ratio = 0.2279
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600390 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.91 actual daily | 43 57% of assets are more volatile |
Expected Return
| 1.12 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Minmetals Capital is performing at about 17% 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 Minmetals Capital by adding it to a well-diversified portfolio.
Price Book 0.7569 | Enterprise Value Ebitda 16.4648 | Price Sales 4.7381 | Shares Float 1.9 B | Wall Street Target Price 6.3 |
Minmetals Capital Valuation on November 1, 2024
It is possible to determine the worth of Minmetals Capital on a given historical date. On November 1, 2024 Minmetals was worth 7.4 at the beginning of the trading date compared to the closed value of 7.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Minmetals Capital stock. Still, in general, we apply an absolute valuation method to find Minmetals Capital'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 Minmetals Capital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Minmetals Capital's related companies.
| Open | High | Low | Close | Volume | |
| 7.07 | 7.78 | 7.01 | 7.48 | 427,283,932 | |
11/01/2024 | 7.40 | 8.20 | 6.90 | 7.35 | 548,367,378 |
| 7.20 | 8.09 | 7.05 | 8.09 | 414,517,264 |
| Backtest Minmetals Capital | | | Minmetals Capital History | | | Minmetals Capital Valuation | Previous | Next |
Minmetals Capital Trading Date Momentum on November 1, 2024
| On November 04 2024 Minmetals Capital Co was traded for 8.09 at the closing time. The highest price during the trading period was 8.09 and the lowest recorded bid was listed for 7.05 . The volume for the day was 414.5 M. This history from November 4, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 10.07% . The trading delta at closing time to the current price is 11.84% . |
Minmetals Capital Fundamentals Correlations and Trends
By evaluating Minmetals Capital'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 Minmetals Capital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Minmetals financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Minmetals Capital Stock history
Minmetals Capital 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 Minmetals is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Minmetals Capital 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 Minmetals Capital stock prices may prove useful in developing a viable investing in Minmetals Capital
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.2 B | 4.9 B | |
| Net Income Applicable To Common Shares | 3.9 B | 4.1 B |
Minmetals Capital Stock Technical Analysis
Minmetals Capital 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
Minmetals Capital Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Minmetals Capital Co 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.
Minmetals Capital December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Minmetals Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Minmetals Capital shares will generate the highest return on investment. By undertsting and applying Minmetals Capital stock market strength indicators, traders can identify Minmetals Capital Co entry and exit signals to maximize returns
Minmetals Capital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Minmetals Capital's price direction in advance. Along with the technical and fundamental analysis of Minmetals Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Minmetals 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 | 0.1579 | |||
| Jensen Alpha | 0.9473 | |||
| Total Risk Alpha | 0.1239 | |||
| Sortino Ratio | 0.2207 | |||
| Treynor Ratio | (2.52) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Minmetals Stock analysis
When running Minmetals Capital's price analysis, check to measure Minmetals Capital'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 Minmetals Capital is operating at the current time. Most of Minmetals Capital's value examination focuses on studying past and present price action to predict the probability of Minmetals Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minmetals Capital's price. Additionally, you may evaluate how the addition of Minmetals Capital to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |