China National (China) Price on October 11, 2023
| 600536 Stock | 48.31 2.44 4.81% |
Below is the normalized historical share price chart for China National Software extending back to May 17, 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 48.31, as last reported on the 26th of December, with the highest price reaching 50.76 and the lowest price hitting 47.70 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 appears to be very steady, given 3 months investment horizon. China National Software secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. By analyzing China National's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please makes use of China National's Risk Adjusted Performance of 0.1235, downside deviation of 3.97, and Mean Deviation of 3.39 to double-check if our risk estimates are consistent with your expectations.
The current year's Common Stock is expected to grow to about 796.9 M, whereas Total Stockholder Equity is forecasted to decline to about 1.5 B. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of April 2002 | 200 Day MA 36.5179 | 50 Day MA 52.3462 | Beta 0.459 |
China |
Sharpe Ratio = 0.1115
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600536 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.5 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average China National is performing at about 8% 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 China National by adding it to a well-diversified portfolio.
Price Book 18.9117 | Enterprise Value Ebitda 381.9189 | Price Sales 7.601 | Shares Float 532.6 M | Wall Street Target Price 45 |
China National Valuation on October 11, 2023
It is possible to determine the worth of China National on a given historical date. On October 11, 2023 China was worth 37.95 at the beginning of the trading date compared to the closed value of 38.95. 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 | |
| 37.86 | 38.34 | 37.50 | 37.86 | 17,035,994 | |
10/11/2023 | 37.95 | 39.48 | 37.50 | 38.95 | 31,819,886 |
| 38.80 | 39.10 | 38.20 | 38.41 | 18,630,582 |
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China National Trading Date Momentum on October 11, 2023
| On October 12 2023 China National Software was traded for 38.41 at the closing time. The highest price during the trading period was 39.10 and the lowest recorded bid was listed for 38.20 . The volume for the day was 18.6 M. This history from October 12, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.39% . The overall trading delta to the current price is 11.58% . |
China National Software 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 Software 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 | 859.8 M | 627.4 M | |
| Net Income Applicable To Common Shares | 86.9 M | 66.9 M |
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 | December 26, 2024
| High |
0.00 | 0.00 |
China National Software 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 December 26, 2024 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 Software 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 | 0.1235 | |||
| Jensen Alpha | 0.5996 | |||
| Total Risk Alpha | 0.4338 | |||
| Sortino Ratio | 0.1489 | |||
| Treynor Ratio | 0.8514 |
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| Volume Indicators |
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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