Industrial (China) Price on August 31, 2023
| 601398 Stock | 6.51 0.02 0.31% |
Below is the normalized historical share price chart for Industrial and Commercial extending back to October 27, 2006. 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 Industrial stands at 6.51, as last reported on the 18th of December 2024, with the highest price reaching 6.59 and the lowest price hitting 6.51 during the day.
If you're considering investing in Industrial Stock, it is important to understand the factors that can impact its price. Industrial appears to be not too volatile, given 3 months investment horizon. Industrial and Commercial holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Industrial and Commercial, which you can use to evaluate the volatility of the firm. Please utilize Industrial's Downside Deviation of 1.28, market risk adjusted performance of 3.38, and Risk Adjusted Performance of 0.1161 to validate if our risk estimates are consistent with your expectations.
As of December 18, 2024, Total Stockholder Equity is expected to decline to about 3 T. In addition to that, Other Stockholder Equity is expected to decline to about 128.5 B. Industrial Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 5.7824 | 50 Day MA 6.1934 | Beta 0.251 |
Industrial |
Sharpe Ratio = 0.1664
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601398 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Industrial 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 Industrial by adding it to a well-diversified portfolio.
Price Book 0.616 | Book Value 10.036 | Enterprise Value 1.1 T | Price Sales 3.3519 | Shares Float 90.2 B |
Industrial Valuation on August 31, 2023
It is possible to determine the worth of Industrial on a given historical date. On August 31, 2023 Industrial was worth 4.58 at the beginning of the trading date compared to the closed value of 4.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Industrial stock. Still, in general, we apply an absolute valuation method to find Industrial'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 Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 4.63 | 4.63 | 4.57 | 4.59 | 325,421,081 | |
08/31/2023 | 4.58 | 4.64 | 4.56 | 4.62 | 289,427,934 |
| 4.59 | 4.61 | 4.55 | 4.57 | 296,828,399 |
| Backtest Industrial | | | Industrial History | | | Industrial Valuation | Previous | Next |
Industrial Trading Date Momentum on August 31, 2023
| On September 01 2023 Industrial and Commercial was traded for 4.57 at the closing time. The highest price during the trading period was 4.61 and the lowest recorded bid was listed for 4.55 . The volume for the day was 296.8 M. This history from September 1, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.08% . The trading delta at closing time to the current price is 0.65% . |
Industrial and Commercial Fundamentals Correlations and Trends
By evaluating Industrial'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 Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Industrial financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Industrial Stock history
Industrial 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 Industrial is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Industrial and Commercial 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 Industrial stock prices may prove useful in developing a viable investing in Industrial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 320.8 B | 285.1 B | |
| Net Income Applicable To Common Shares | 414.6 B | 336.5 B |
Industrial Stock Technical Analysis
Industrial 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
Industrial Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Industrial and Commercial 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.
Industrial December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Industrial shares will generate the highest return on investment. By undertsting and applying Industrial stock market strength indicators, traders can identify Industrial and Commercial entry and exit signals to maximize returns
Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Industrial's price direction in advance. Along with the technical and fundamental analysis of Industrial Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Industrial 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 | 0.1161 | |||
| Jensen Alpha | 0.2147 | |||
| Total Risk Alpha | 0.0997 | |||
| Sortino Ratio | 0.126 | |||
| Treynor Ratio | 3.37 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Industrial Stock analysis
When running Industrial's price analysis, check to measure Industrial'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 Industrial is operating at the current time. Most of Industrial's value examination focuses on studying past and present price action to predict the probability of Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial's price. Additionally, you may evaluate how the addition of Industrial to your portfolios can decrease your overall portfolio volatility.
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