Xiamen Bank (China) Price on October 8, 2024

601187 Stock   5.49  0.05  0.92%   
If you're considering investing in Xiamen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xiamen Bank stands at 5.49, as last reported on the 9th of January, with the highest price reaching 5.51 and the lowest price hitting 5.38 during the day. At this point, Xiamen Bank is somewhat reliable. Xiamen Bank shows Sharpe Ratio of 0.1, which attests that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xiamen Bank, which you can use to evaluate the volatility of the company. Please check out Xiamen Bank's Downside Deviation of 1.62, market risk adjusted performance of (1.04), and Mean Deviation of 1.21 to validate if the risk estimate we provide is consistent with the expected return of 0.16%.
  
Xiamen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1013

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Estimated Market Risk

 1.63
  actual daily
14
86% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Xiamen Bank 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 Xiamen Bank by adding it to a well-diversified portfolio.

Xiamen Bank Valuation on October 8, 2024

It is possible to determine the worth of Xiamen Bank on a given historical date. On October 8, 2024 Xiamen was worth 5.78 at the beginning of the trading date compared to the closed value of 5.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xiamen Bank stock. Still, in general, we apply an absolute valuation method to find Xiamen Bank'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 Xiamen Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xiamen Bank's related companies.
 Open High Low Close Volume
  4.97    5.36    4.92    5.26    65,975,167  
10/08/2024
  5.78    5.78    5.23    5.45    68,760,298  
  5.33    5.33    4.97    4.99    46,726,550  
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Open Value
5.78
5.45
Closing Value
10.66
Upside

Xiamen Bank Trading Date Momentum on October 8, 2024

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.
JavaScript chart by amCharts 3.21.1510/08/2024Sep 30OctOct 04Oct 06Oct 08Oct 10Oct 12Oct 14Oct 16Oct 185.05.15.25.35.4

Xiamen Bank Fundamentals Correlations and Trends

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

About Xiamen Bank Stock history

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

Xiamen Bank Stock Technical Analysis

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

Xiamen Bank Period Price Range

Low
January 9, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Xiamen Bank 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.

Xiamen Bank January 9, 2025 Market Strength

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

Xiamen Bank Technical and Predictive Indicators

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

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