China Aluminum (China) Price on May 5, 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 24th of December, with the highest price reaching 4.63 and the lowest price hitting 4.51 during the day.
200 Day MA
4.5015
50 Day MA
4.8538
Beta
0.716
 
Covid
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 0.073, which signifies that the company had a 0.073% 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 Mean Deviation of 1.93, risk adjusted performance of 0.0936, and Downside Deviation of 2.81 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.

Sharpe Ratio = 0.073

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Estimated Market Risk

 2.88
  actual daily
25
75% of assets are more volatile

Expected Return

 0.21
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average China Aluminum is performing at about 5% 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
2.1768
Enterprise Value Ebitda
426.621
Price Sales
0.5233
Shares Float
331.9 M
Wall Street Target Price
5.29

China Aluminum Valuation on May 5, 2023

It is possible to determine the worth of China Aluminum on a given historical date. On May 5, 2023 China was worth 7.12 at the beginning of the trading date compared to the closed value of 7.12. 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
  6.85    7.49    6.80    7.30    96,244,009  
05/05/2023
  7.12    7.44    6.89    7.12    84,290,214  
  7.03    7.34    6.92    7.01    77,170,322  
Backtest China Aluminum  |  China Aluminum History  |  China Aluminum Valuation   PreviousNext  
Open Value
7.12
7.12
Closing Value
15.75
Upside

China Aluminum Trading Date Momentum on May 5, 2023

On May 08 2023 China Aluminum International was traded for  7.01  at the closing time. The highest price during the trading period was 7.34  and the lowest recorded bid was listed for  6.92 . The volume for the day was 77.2 M. This history from May 8, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.54% . The overall trading delta to the current price is 18.26% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding3.4 B3.2 B
Net Loss-9.6 M-10.1 M

China Aluminum Quarterly Net Working Capital

5.25 Billion

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.
A focus of China Aluminum technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Aluminum 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

China Aluminum Period Price Range

Low
December 24, 2024
0.00  NaN%
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 24, 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.

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.
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