China Energy (China) Price on September 13, 2024
| 601868 Stock | 2.38 0.01 0.42% |
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Energy stands at 2.38, as last reported on the 4th of December, with the highest price reaching 2.39 and the lowest price hitting 2.35 during the day. China Energy appears to be unstable, given 3 months investment horizon. China Energy Engineering secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for China Energy Engineering, which you can use to evaluate the volatility of the firm. Please makes use of China Energy's Downside Deviation of 2.48, mean deviation of 1.46, and Risk Adjusted Performance of 0.0567 to double-check if our risk estimates are consistent with your expectations.
The current year's Common Stock Shares Outstanding is expected to grow to about 43.8 B, whereas Total Stockholder Equity is forecasted to decline to about 81.5 B. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.1076
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| Small Returns | 601868 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average China Energy 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 China Energy by adding it to a well-diversified portfolio.
Price Book 0.8776 | Enterprise Value Ebitda 13.5356 | Price Sales 0.2025 | Shares Float 20.6 B | Dividend Share 0.039 |
China Energy Valuation on September 13, 2024
It is possible to determine the worth of China Energy on a given historical date. On September 13, 2024 China was worth 2.03 at the beginning of the trading date compared to the closed value of 2.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Energy stock. Still, in general, we apply an absolute valuation method to find China Energy'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 China Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Energy's related companies.
| Open | High | Low | Close | Volume | |
| 2.04 | 2.05 | 2.03 | 2.03 | 97,669,174 | |
09/13/2024 | 2.03 | 2.05 | 2.03 | 2.03 | 72,401,274 |
| 2.03 | 2.04 | 2.01 | 2.04 | 113,393,104 |
| Backtest China Energy | | | China Energy History | | | China Energy Valuation | Previous | Next |
China Energy Trading Date Momentum on September 13, 2024
| On September 18 2024 China Energy Engineering was traded for 2.04 at the closing time. The highest price during the trading period was 2.04 and the lowest recorded bid was listed for 2.01 . The volume for the day was 113.4 M. This history from September 18, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.49% . The overall trading delta to the current price is 0.49% . |
China Energy Engineering Fundamentals Correlations and Trends
By evaluating China Energy'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 China Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Energy Stock history
China Energy 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Energy Engineering 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 China Energy stock prices may prove useful in developing a viable investing in China Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 41.7 B | 43.8 B | |
| Net Income Applicable To Common Shares | 9 B | 6.6 B |
China Energy Quarterly Net Working Capital |
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China Energy Stock Technical Analysis
China Energy 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
China Energy Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
China Energy Engineering 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.
China Energy December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how China Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Energy shares will generate the highest return on investment. By undertsting and applying China Energy stock market strength indicators, traders can identify China Energy Engineering entry and exit signals to maximize returns
China Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Energy's price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | 0.0567 | |||
| Jensen Alpha | 0.1182 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0159 | |||
| Treynor Ratio | 0.5985 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Energy's price analysis, check to measure China Energy'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 China Energy is operating at the current time. Most of China Energy's value examination focuses on studying past and present price action to predict the probability of China Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Energy's price. Additionally, you may evaluate how the addition of China Energy to your portfolios can decrease your overall portfolio volatility.
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