China Aluminum (China) Price on May 4, 2023
| 601068 Stock | 4.52 0.07 1.53% |
Below is the normalized historical share price chart for China Aluminum International extending back to August 31, 2018. 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 Aluminum stands at 4.52, as last reported on the 23rd of December, with the highest price reaching 4.63 and the lowest price hitting 4.51 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Aluminum appears to be moderately volatile, given 3 months investment horizon. China Aluminum Inter secures Sharpe Ratio (or Efficiency) of 0.093, which signifies that the company had a 0.093% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China Aluminum International, which you can use to evaluate the volatility of the firm. Please makes use of China Aluminum's Risk Adjusted Performance of 0.1027, mean deviation of 1.91, and Downside Deviation of 2.84 to double-check if our risk estimates are consistent with your expectations.
The current year's Capital Stock is expected to grow to about 3.3 B, whereas Total Stockholder Equity is forecasted to decline to about 6.9 B. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 4.5029 | 50 Day MA 4.858 | Beta 0.716 |
China |
Sharpe Ratio = 0.093
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601068 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average China Aluminum is performing at about 7% 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 Aluminum by adding it to a well-diversified portfolio.
Price Book 2.2105 | Enterprise Value Ebitda 426.621 | Price Sales 0.5275 | Shares Float 331.9 M | Wall Street Target Price 5.29 |
China Aluminum Valuation on May 4, 2023
It is possible to determine the worth of China Aluminum on a given historical date. On May 4, 2023 China was worth 6.85 at the beginning of the trading date compared to the closed value of 7.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Aluminum stock. Still, in general, we apply an absolute valuation method to find China Aluminum'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 Aluminum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Aluminum's related companies.
| Open | High | Low | Close | Volume | |
| 6.73 | 7.43 | 6.35 | 7.10 | 116,149,862 | |
05/04/2023 | 6.85 | 7.49 | 6.80 | 7.30 | 96,244,009 |
| 7.12 | 7.44 | 6.89 | 7.12 | 84,290,214 |
| Backtest China Aluminum | | | China Aluminum History | | | China Aluminum Valuation | Previous | Next |
China Aluminum Trading Date Momentum on May 4, 2023
| On May 05 2023 China Aluminum International was traded for 7.12 at the closing time. The highest price during the trading period was 7.44 and the lowest recorded bid was listed for 6.89 . The volume for the day was 84.3 M. This history from May 5, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.47% . The overall trading delta to the current price is 20.27% . |
China Aluminum Inter Fundamentals Correlations and Trends
By evaluating China Aluminum'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 Aluminum'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 Aluminum Stock history
China Aluminum 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 Aluminum Inter 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 Aluminum stock prices may prove useful in developing a viable investing in China Aluminum
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.4 B | 3.2 B | |
| Net Loss | -9.6 M | -10.1 M |
China Aluminum Quarterly Net Working Capital |
|
China Aluminum Stock Technical Analysis
China Aluminum 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 Aluminum Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
China Aluminum International 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 Aluminum December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how China Aluminum 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 Aluminum shares will generate the highest return on investment. By undertsting and applying China Aluminum stock market strength indicators, traders can identify China Aluminum International entry and exit signals to maximize returns
China Aluminum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Aluminum'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 | 0.1027 | |||
| Jensen Alpha | 0.3325 | |||
| Total Risk Alpha | 0.2452 | |||
| Sortino Ratio | 0.1068 | |||
| Treynor Ratio | (1.37) |
| 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 Aluminum's price analysis, check to measure China Aluminum'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 Aluminum is operating at the current time. Most of China Aluminum's value examination focuses on studying past and present price action to predict the probability of China Aluminum'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 Aluminum's price. Additionally, you may evaluate how the addition of China Aluminum to your portfolios can decrease your overall portfolio volatility.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |