China National (China) Price on November 12, 2024
| 600511 Stock | 32.56 0.18 0.55% |
Below is the normalized historical share price chart for China National Medicines extending back to November 27, 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 China National stands at 32.56, as last reported on the 6th of January, with the highest price reaching 32.99 and the lowest price hitting 32.44 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China National Medicines secures Sharpe Ratio (or Efficiency) of -0.0583, which signifies that the company had a -0.0583% return per unit of risk over the last 3 months. China National Medicines exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China National's Mean Deviation of 1.46, risk adjusted performance of 0.0422, and Downside Deviation of 2.17 to double-check the risk estimate we provide.
At present, China National's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 25.5 M, whereas Common Stock is forecasted to decline to about 441.1 M. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of November 2002 | 200 Day MA 32.9199 | 50 Day MA 33.9408 | Beta 0.496 |
China |
Sharpe Ratio = -0.0583
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| Negative Returns | 600511 |
Estimated Market Risk
| 1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China National 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 National by adding China National to a well-diversified portfolio.
Price Book 1.4792 | Enterprise Value Ebitda 5.7766 | Price Sales 0.4799 | Shares Float 324.1 M | Wall Street Target Price 44.16 |
China National Main Headline on 12th of November 2024
We Think China National Medicines Can Manage Its Debt With E... by news.google.com
We Think China National Medicines Can Manage Its Debt With Ease Simply Wall St
China National Valuation on November 12, 2024
It is possible to determine the worth of China National on a given historical date. On November 12, 2024 China was worth 33.4 at the beginning of the trading date compared to the closed value of 35.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China National stock. Still, in general, we apply an absolute valuation method to find China National'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 National where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China National's related companies.
| Open | High | Low | Close | Volume | |
| 33.12 | 33.55 | 32.92 | 33.30 | 8,626,473 | |
11/12/2024 | 33.40 | 36.20 | 33.37 | 35.12 | 25,352,836 |
| 34.60 | 35.17 | 34.22 | 34.42 | 9,884,350 |
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China National Trading Date Momentum on November 12, 2024
| On November 13 2024 China National Medicines was traded for 34.42 at the closing time. The highest price during the trading period was 35.17 and the lowest recorded bid was listed for 34.22 . The volume for the day was 9.9 M. This history from November 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.99% . The overall trading delta to the current price is 3.08% . |
China National Medicines Fundamentals Correlations and Trends
By evaluating China National'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 National'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 National Stock history
China National 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 National Medicines 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 National stock prices may prove useful in developing a viable investing in China National
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 679.1 M | 606.2 M | |
| Net Income Applicable To Common Shares | 2 B | 2.1 B |
China National Quarterly Net Working Capital |
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China National Stock Technical Analysis
China National 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 National Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
China National Medicines 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 National January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how China National 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 National shares will generate the highest return on investment. By undertsting and applying China National stock market strength indicators, traders can identify China National Medicines entry and exit signals to maximize returns
China National Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China National'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 | 0.0422 | |||
| Jensen Alpha | 0.0862 | |||
| Total Risk Alpha | 0.0549 | |||
| Sortino Ratio | 0.0353 | |||
| Treynor Ratio | 0.4133 |
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Complementary Tools for China Stock analysis
When running China National's price analysis, check to measure China National'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 National is operating at the current time. Most of China National's value examination focuses on studying past and present price action to predict the probability of China National'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 National's price. Additionally, you may evaluate how the addition of China National to your portfolios can decrease your overall portfolio volatility.
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