China Marine (China) Price on November 22, 2024
| 600764 Stock | 29.14 0.89 2.96% |
Below is the normalized historical share price chart for China Marine Information extending back to November 04, 1996. 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 Marine stands at 29.14, as last reported on the 25th of December, with the highest price reaching 29.61 and the lowest price hitting 28.60 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Marine appears to be not too volatile, given 3 months investment horizon. China Marine Information secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. By analyzing China Marine's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please makes use of China Marine's Mean Deviation of 2.86, downside deviation of 3.42, and Risk Adjusted Performance of 0.1205 to double-check if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 8.5 B, whereas Common Stock is forecasted to decline to about 408.9 M. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of October 1996 | 200 Day MA 22.6171 | 50 Day MA 28.6244 | Beta 0.739 |
China |
Sharpe Ratio = 0.1374
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600764 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.99 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average China Marine is performing at about 10% 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 Marine by adding it to a well-diversified portfolio.
Price Book 2.5517 | Enterprise Value Ebitda 46.034 | Price Sales 5.7877 | Shares Float 239.1 M | Wall Street Target Price 39.6 |
China Marine Valuation on November 22, 2024
It is possible to determine the worth of China Marine on a given historical date. On November 22, 2024 China was worth 28.1 at the beginning of the trading date compared to the closed value of 27.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Marine stock. Still, in general, we apply an absolute valuation method to find China Marine'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 Marine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Marine's related companies.
| Open | High | Low | Close | Volume | |
| 27.24 | 28.60 | 27.17 | 28.09 | 9,007,859 | |
11/22/2024 | 28.10 | 28.52 | 27.33 | 27.53 | 6,923,279 |
| 27.53 | 27.89 | 26.14 | 26.70 | 6,924,000 |
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China Marine Trading Date Momentum on November 22, 2024
| On November 25 2024 China Marine Information was traded for 26.70 at the closing time. The highest price during the trading period was 27.89 and the lowest recorded bid was listed for 26.14 . The volume for the day was 6.9 M. This history from November 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.01% . The overall trading delta to the current price is 2.32% . |
China Marine Information Fundamentals Correlations and Trends
By evaluating China Marine'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 Marine'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 Marine Stock history
China Marine 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 Marine Information 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 Marine stock prices may prove useful in developing a viable investing in China Marine
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 817.2 M | 670.2 M | |
| Net Income Applicable To Common Shares | 672.7 M | 706.4 M |
China Marine Quarterly Net Working Capital |
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China Marine Stock Technical Analysis
China Marine 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 Marine Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
China Marine Information 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 Marine December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how China Marine 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 Marine shares will generate the highest return on investment. By undertsting and applying China Marine stock market strength indicators, traders can identify China Marine Information entry and exit signals to maximize returns
China Marine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Marine'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 | 0.1205 | |||
| Jensen Alpha | 0.5501 | |||
| Total Risk Alpha | 0.3601 | |||
| Sortino Ratio | 0.1434 | |||
| Treynor Ratio | (0.73) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Marine's price analysis, check to measure China Marine'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 Marine is operating at the current time. Most of China Marine's value examination focuses on studying past and present price action to predict the probability of China Marine'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 Marine's price. Additionally, you may evaluate how the addition of China Marine to your portfolios can decrease your overall portfolio volatility.
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