China Mobile (China) Price on February 15, 2023
| 600941 Stock | 114.60 0.22 0.19% |
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Mobile stands at 114.60, as last reported on the 28th of December, with the highest price reaching 114.88 and the lowest price hitting 113.65 during the day. At this point, China Mobile is very steady. China Mobile Limited secures Sharpe Ratio (or Efficiency) of 0.0617, which signifies that the company had a 0.0617% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China Mobile Limited, which you can use to evaluate the volatility of the firm. Please confirm China Mobile's Risk Adjusted Performance of 0.1116, downside deviation of 1.12, and Mean Deviation of 1.05 to double-check if the risk estimate we provide is consistent with the expected return of 0.0814%.
At present, China Mobile's Common Stock Shares Outstanding 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 547.6 B, whereas Total Stockholder Equity is forecasted to decline to about 805.5 B. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.0617
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | 600941 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average China Mobile is performing at about 4% 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 Mobile by adding it to a well-diversified portfolio.
Price Book 1.806 | Enterprise Value Ebitda 7.3184 | Price Sales 1.5402 | Shares Float 6.4 B | Wall Street Target Price 113.27 |
China Mobile Valuation on February 15, 2023
It is possible to determine the worth of China Mobile on a given historical date. On February 15, 2023 China was worth 74.5 at the beginning of the trading date compared to the closed value of 74.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Mobile stock. Still, in general, we apply an absolute valuation method to find China Mobile'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 Mobile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Mobile's related companies.
| Open | High | Low | Close | Volume | |
| 74.71 | 75.25 | 73.22 | 73.74 | 6,881,437 | |
02/15/2023 | 74.50 | 76.29 | 74.00 | 74.47 | 11,016,542 |
| 74.10 | 80.35 | 74.06 | 76.23 | 21,309,683 |
| Backtest China Mobile | | | China Mobile History | | | China Mobile Valuation | Previous | Next |
China Mobile Trading Date Momentum on February 15, 2023
| On February 16 2023 China Mobile Limited was traded for 76.23 at the closing time. The highest price during the trading period was 80.35 and the lowest recorded bid was listed for 74.06 . The volume for the day was 21.3 M. This history from February 16, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 2.36% . The overall trading delta to the current price is 2.36% . |
China Mobile Limited Fundamentals Correlations and Trends
By evaluating China Mobile'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 Mobile'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 Mobile Stock history
China Mobile 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 Mobile Limited 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 Mobile stock prices may prove useful in developing a viable investing in China Mobile
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 21.4 B | 22.5 B |
China Mobile Stock Technical Analysis
China Mobile 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 Mobile Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
China Mobile Limited 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 Mobile December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how China Mobile 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 Mobile shares will generate the highest return on investment. By undertsting and applying China Mobile stock market strength indicators, traders can identify China Mobile Limited entry and exit signals to maximize returns
China Mobile Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Mobile'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 | 0.1116 | |||
| Jensen Alpha | 0.1869 | |||
| Total Risk Alpha | 0.1453 | |||
| Sortino Ratio | 0.1468 | |||
| Treynor Ratio | (4.63) |
| 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 Mobile's price analysis, check to measure China Mobile'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 Mobile is operating at the current time. Most of China Mobile's value examination focuses on studying past and present price action to predict the probability of China Mobile'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 Mobile's price. Additionally, you may evaluate how the addition of China Mobile to your portfolios can decrease your overall portfolio volatility.
| 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 | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |