Ping An (China) Price on November 28, 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.
200 Day MA
45.4618
50 Day MA
55.6034
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 0.17, 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, risk adjusted performance of 0.1089, and Coefficient Of Variation of 711.95 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 = 0.1723

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns601318
CashSmall RiskAverage RiskHigh RiskHuge 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 November 28, 2024

It is possible to determine the worth of Ping An on a given historical date. On November 28, 2024 Ping was worth 53.57 at the beginning of the trading date compared to the closed value of 53.17. 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
  53.06    53.60    52.79    53.55    44,446,368  
11/28/2024
  53.57    53.99    52.83    53.17    42,550,212  
  53.15    54.42    53.04    53.25    56,357,056  
Backtest Ping An  |  Ping An History  |  Ping An Valuation   PreviousNext  
Open Value
53.57
53.17
Closing Value
62.48
Upside

Ping An Trading Date Momentum on November 28, 2024

On November 29 2024 Ping An Insurance was traded for  53.25  at the closing time. The highest price during the trading period was 54.42  and the lowest recorded bid was listed for  53.04 . The volume for the day was 56.4 M. This history from November 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.15% . The trading delta at closing time to the current price is 3.35% .

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 11, 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 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.

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.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities