Chongqing Rural (China) Price on May 10, 2023

601077 Stock   5.91  0.04  0.67%   
Below is the normalized historical share price chart for Chongqing Rural Commercial extending back to October 29, 2019. 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 Chongqing Rural stands at 5.91, as last reported on the 30th of December, with the highest price reaching 5.96 and the lowest price hitting 5.78 during the day.
200 Day MA
5.1563
50 Day MA
5.7046
Beta
0.373
 
Covid
If you're considering investing in Chongqing Stock, it is important to understand the factors that can impact its price. At this point, Chongqing Rural is slightly risky. Chongqing Rural Comm secures Sharpe Ratio (or Efficiency) of 0.0737, which signifies that the company had a 0.0737% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Chongqing Rural Commercial, which you can use to evaluate the volatility of the firm. Please confirm Chongqing Rural's Risk Adjusted Performance of 0.1138, mean deviation of 1.71, and Downside Deviation of 2.11 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
  
As of December 30, 2024, Total Stockholder Equity is expected to decline to about 97.6 B. In addition to that, Other Stockholder Equity is expected to decline to about 4.4 B. Chongqing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0737

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Estimated Market Risk

 2.49
  actual daily
22
78% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Chongqing Rural 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 Chongqing Rural by adding it to a well-diversified portfolio.
Price Book
0.527
Book Value
10.933
Enterprise Value
307.2 B
Price Sales
3.0701
Shares Float
7.1 B

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Chongqing Rural Valuation on May 10, 2023

It is possible to determine the worth of Chongqing Rural on a given historical date. On May 10, 2023 Chongqing was worth 4.3 at the beginning of the trading date compared to the closed value of 3.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chongqing Rural stock. Still, in general, we apply an absolute valuation method to find Chongqing Rural'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 Chongqing Rural where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chongqing Rural's related companies.
 Open High Low Close Volume
  4.39    4.47    4.01    4.01    276,769,544  
05/10/2023
  4.30    4.31    3.86    3.86    179,126,347  
  4.15    4.20    3.86    3.86    97,816,156  
Backtest Chongqing Rural  |  Chongqing Rural History  |  Chongqing Rural Valuation   PreviousNext  
Open Value
4.3
3.86
Closing Value
11.77
Upside

Chongqing Rural Trading Date Momentum on May 10, 2023

On May 11 2023 Chongqing Rural Commercial was traded for  3.86  at the closing time. The highest price during the trading period was 4.20  and the lowest recorded bid was listed for  3.86 . The volume for the day was 97.8 M. This history from May 11, 2023 did not affect price variability. The overall trading delta to the current price is 6.48% .

Chongqing Rural Comm Fundamentals Correlations and Trends

By evaluating Chongqing Rural'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 Chongqing Rural's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chongqing financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Chongqing Rural Stock history

Chongqing Rural 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 Chongqing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chongqing Rural Comm 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 Chongqing Rural stock prices may prove useful in developing a viable investing in Chongqing Rural
Last ReportedProjected for Next Year
Common Stock Shares Outstanding13.1 B12.1 B
Net Income Applicable To Common Shares11 B9.8 B

Chongqing Rural Stock Technical Analysis

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

Chongqing Rural Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Chongqing Rural Commercial 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.

Chongqing Rural December 30, 2024 Market Strength

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

Chongqing Rural Technical and Predictive Indicators

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

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