Ping An (China) Price on November 8, 2023

601318 Stock   52.62  0.27  0.51%   
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 52.62, as last reported on the 22nd of December, with the highest price reaching 53.23 and the lowest price hitting 52.52 during the day.
200 Day MA
46.0039
50 Day MA
55.7718
Beta
0.838
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ping An Insurance, which you can use to evaluate the volatility of the company. Please evaluate Ping An's Coefficient Of Variation of 778.35, risk adjusted performance of 0.109, and Semi Deviation of 1.95 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.

Sharpe Ratio = 0.1135

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Estimated Market Risk

 2.93
  actual daily
26
74% of assets are more volatile

Expected Return

 0.33
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Ping An is performing at about 8% 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
1.0554
Book Value
50.141
Enterprise Value
1.3 T
Price Sales
0.9398
Shares Float
15.5 B

Ping An Valuation on November 8, 2023

It is possible to determine the worth of Ping An on a given historical date. On November 8, 2023 Ping was worth 45.3 at the beginning of the trading date compared to the closed value of 44.63. 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
  45.88    45.90    45.24    45.30    52,054,346  
11/08/2023
  45.30    45.43    44.55    44.63    70,373,392  
  44.00    44.20    42.86    43.28    150,454,180  
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Open Value
45.3
44.63
Closing Value
54.08
Upside

Ping An Trading Date Momentum on November 8, 2023

On November 09 2023 Ping An Insurance was traded for  43.28  at the closing time. The highest price during the trading period was 44.20  and the lowest recorded bid was listed for  42.86 . The volume for the day was 150.5 M. This history from November 9, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 3.02% . The trading delta at closing time to the current price is 4.30% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding18.2 B14.6 B
Net Income Applicable To Common Shares96.3 B108.8 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.
A focus of Ping An technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ping An 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

Ping An Period Price Range

Low
December 22, 2024
0.00  NaN%
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 22, 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.

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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