Cinda Securities (China) Price on December 24, 2024

601059 Stock   13.63  0.03  0.22%   
If you're considering investing in Cinda Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cinda Securities stands at 13.63, as last reported on the 20th of January, with the highest price reaching 13.74 and the lowest price hitting 13.57 during the day. Cinda Securities secures Sharpe Ratio (or Efficiency) of -0.0645, which signifies that the company had a -0.0645 % return per unit of risk over the last 3 months. Cinda Securities Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cinda Securities' Mean Deviation of 1.86, risk adjusted performance of (0.03), and Standard Deviation of 2.5 to double-check the risk estimate we provide.
  
Cinda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0645

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Estimated Market Risk

 2.46
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.16
  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 Cinda Securities 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 Cinda Securities by adding Cinda Securities to a well-diversified portfolio.
Price Book
2.171
Book Value
5.661
Enterprise Value
54.9 B
Price Sales
14.4411
Shares Float
583.1 M

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Cinda Securities Valuation on December 24, 2024

It is possible to determine the worth of Cinda Securities on a given historical date. On December 24, 2024 Cinda was worth 14.99 at the beginning of the trading date compared to the closed value of 15.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cinda Securities stock. Still, in general, we apply an absolute valuation method to find Cinda Securities' 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 Cinda Securities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cinda Securities' related companies.
 Open High Low Close Volume
  15.20    15.33    14.90    14.93    19,697,591  
12/24/2024
  14.99    15.20    14.95    15.19    14,911,890  
  15.21    16.08    15.21    15.72    66,520,022  
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Open Value
14.99
15.19
Closing Value
22.37
Upside

Cinda Securities Trading Date Momentum on December 24, 2024

On December 25 2024 Cinda Securities Co was traded for  15.72  at the closing time. The highest price during the trading period was 16.08  and the lowest recorded bid was listed for  15.21 . The volume for the day was 66.5 M. This history from December 25, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.49% . The overall trading delta to the current price is 5.86% .

Cinda Securities Fundamentals Correlations and Trends

By evaluating Cinda Securities' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cinda Securities' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cinda financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cinda Securities Stock history

Cinda Securities 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 Cinda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cinda Securities 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 Cinda Securities stock prices may prove useful in developing a viable investing in Cinda Securities

Cinda Securities Stock Technical Analysis

Cinda Securities 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.
A focus of Cinda Securities technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cinda Securities trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cinda Securities Period Price Range

Low
January 20, 2025
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High

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Cinda Securities 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.

Cinda Securities January 20, 2025 Market Strength

Market strength indicators help investors to evaluate how Cinda Securities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cinda Securities shares will generate the highest return on investment. By undertsting and applying Cinda Securities stock market strength indicators, traders can identify Cinda Securities Co entry and exit signals to maximize returns

Cinda Securities Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cinda Securities' price direction in advance. Along with the technical and fundamental analysis of Cinda Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cinda 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.

Complementary Tools for Cinda Stock analysis

When running Cinda Securities' price analysis, check to measure Cinda Securities' 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 Cinda Securities is operating at the current time. Most of Cinda Securities' value examination focuses on studying past and present price action to predict the probability of Cinda Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cinda Securities' price. Additionally, you may evaluate how the addition of Cinda Securities to your portfolios can decrease your overall portfolio volatility.
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