Ping An (China) Price on September 6, 2024
| 601318 Stock | 55.62 0.79 1.44% |
Below is the normalized historical share price chart for Ping An Insurance extending back to March 01, 2007. 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 Ping An stands at 55.62, as last reported on the 11th of December 2024, with the highest price reaching 57.18 and the lowest price hitting 55.50 during the day.
If you're considering investing in Ping Stock, it is important to understand the factors that can impact its price. Ping An appears to be very steady, given 3 months investment horizon. Ping An Insurance maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. By analyzing Ping An's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please evaluate Ping An's Semi Deviation of 1.89, coefficient of variation of 711.95, and Risk Adjusted Performance of 0.1089 to confirm if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 17.3 B, whereas Total Stockholder Equity is forecasted to decline to about 703.2 B. . Ping Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 45.4618 | 50 Day MA 55.6034 | Beta 0.838 |
Ping |
Sharpe Ratio = 0.1723
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601318 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Ping An is performing at about 13% 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 Ping An by adding it to a well-diversified portfolio.
Price Book 1.1055 | Book Value 50.141 | Enterprise Value 1.3 T | Price Sales 0.9846 | Shares Float 15.5 B |
Ping An Valuation on September 6, 2024
It is possible to determine the worth of Ping An on a given historical date. On September 6, 2024 Ping was worth 43.42 at the beginning of the trading date compared to the closed value of 43.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ping An stock. Still, in general, we apply an absolute valuation method to find Ping An'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 Ping An where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ping An's related companies.
| Open | High | Low | Close | Volume | |
| 42.63 | 43.51 | 42.61 | 43.42 | 46,651,000 | |
09/06/2024 | 43.42 | 43.98 | 43.16 | 43.25 | 39,026,000 |
| 43.08 | 43.25 | 42.55 | 42.68 | 40,172,000 |
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Ping An Trading Date Momentum on September 6, 2024
| On September 09 2024 Ping An Insurance was traded for 42.68 at the closing time. The highest price during the trading period was 43.25 and the lowest recorded bid was listed for 42.55 . The volume for the day was 40.2 M. This history from September 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.32% . The trading delta at closing time to the current price is 0.58% . |
Ping An Insurance Fundamentals Correlations and Trends
By evaluating Ping An'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 Ping An's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ping financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ping An Stock history
Ping An 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 Ping is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ping An Insurance 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 Ping An stock prices may prove useful in developing a viable investing in Ping An
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 18.2 B | 14.6 B | |
| Net Income Applicable To Common Shares | 96.3 B | 108.8 B |
Ping An Stock Technical Analysis
Ping An 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
Ping An Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ping An Insurance 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.
Ping An December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ping An stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ping An shares will generate the highest return on investment. By undertsting and applying Ping An stock market strength indicators, traders can identify Ping An Insurance entry and exit signals to maximize returns
Ping An Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ping An's price direction in advance. Along with the technical and fundamental analysis of Ping Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ping 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 | 0.1089 | |||
| Jensen Alpha | 0.348 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1176 | |||
| Treynor Ratio | 1.26 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ping Stock analysis
When running Ping An's price analysis, check to measure Ping An'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 Ping An is operating at the current time. Most of Ping An's value examination focuses on studying past and present price action to predict the probability of Ping An's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ping An's price. Additionally, you may evaluate how the addition of Ping An to your portfolios can decrease your overall portfolio volatility.
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