Bank of Communications (China) Price on September 8, 2023

601328 Stock   7.68  0.18  2.40%   
Below is the normalized historical share price chart for Bank of Communications extending back to May 15, 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 Bank of Communications stands at 7.68, as last reported on the 23rd of December, with the highest price reaching 7.72 and the lowest price hitting 7.50 during the day.
IPO Date
23rd of June 2005
200 Day MA
7.1055
50 Day MA
7.3116
Beta
0.31
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. At this point, Bank of Communications is not too volatile. Bank of Communications secures Sharpe Ratio (or Efficiency) of 0.0807, which signifies that the company had a 0.0807% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank of Communications, which you can use to evaluate the volatility of the firm. Please confirm Bank of Communications' Mean Deviation of 1.31, downside deviation of 1.49, and Risk Adjusted Performance of 0.1038 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
  
The current year's Other Stockholder Equity is expected to grow to about 151.7 B, whereas Total Stockholder Equity is forecasted to decline to about 558.1 B. . Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0807

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Estimated Market Risk

 1.68
  actual daily
14
86% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Bank of Communications is performing at about 6% 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 Bank of Communications by adding it to a well-diversified portfolio.
Price Book
0.5143
Book Value
12.834
Enterprise Value
1.4 T
Price Sales
2.4342
Shares Float
28.9 B

Bank of Communications Valuation on September 8, 2023

It is possible to determine the worth of Bank of Communications on a given historical date. On September 8, 2023 Bank was worth 5.57 at the beginning of the trading date compared to the closed value of 5.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of Communications stock. Still, in general, we apply an absolute valuation method to find Bank of Communications' 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 Bank of Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of Communications' related companies.
 Open High Low Close Volume
  5.56    5.60    5.55    5.57    55,765,314  
09/08/2023
  5.57    5.57    5.53    5.54    41,419,098  
  5.55    5.57    5.52    5.54    79,658,030  
Backtest Bank of Communications  |  Bank of Communications History  |  Bank of Communications Valuation   PreviousNext  
Open Value
5.57
5.54
Closing Value
10.62
Upside

Bank of Communications Trading Date Momentum on September 8, 2023

On September 11 2023 Bank of Communications was traded for  5.54  at the closing time. The highest price during the trading period was 5.57  and the lowest recorded bid was listed for  5.52 . The volume for the day was 79.7 M. This history from September 11, 2023 did not affect price variability. The overall trading delta to the current price is 1.99% .

Bank of Communications Fundamentals Correlations and Trends

By evaluating Bank of Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bank of Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bank of Communications Stock history

Bank of Communications 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of Communications 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 Bank of Communications stock prices may prove useful in developing a viable investing in Bank of Communications
Last ReportedProjected for Next Year
Common Stock Shares Outstanding66.8 B59.4 B
Net Income Applicable To Common Shares97.4 B58.9 B

Bank of Communications Stock Technical Analysis

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

Bank of Communications Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bank of Communications 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.

Bank of Communications December 23, 2024 Market Strength

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

Bank of Communications Technical and Predictive Indicators

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

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