China Galaxy (China) Price on October 14, 2024
| 601881 Stock | 15.82 0.05 0.32% |
Below is the normalized historical share price chart for China Galaxy Securities extending back to January 23, 2017. 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 China Galaxy stands at 15.82, as last reported on the 27th of December, with the highest price reaching 15.85 and the lowest price hitting 15.59 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. At this point, China Galaxy is not too volatile. China Galaxy Securities secures Sharpe Ratio (or Efficiency) of 0.0301, which signifies that the company had a 0.0301% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for China Galaxy Securities, which you can use to evaluate the volatility of the firm. Please confirm China Galaxy's Mean Deviation of 2.35, risk adjusted performance of 0.1396, and Downside Deviation of 3.06 to double-check if the risk estimate we provide is consistent with the expected return of 0.0913%.
At present, China Galaxy's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 11.3 B, whereas Total Stockholder Equity is forecasted to decline to about 89.2 B. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 12.5132 | 50 Day MA 15.4252 | Beta 0.645 |
China |
Sharpe Ratio = 0.0301
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| Cash | Small Risk | 601881 | High Risk | Huge Risk |
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Estimated Market Risk
| 3.04 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average China Galaxy is performing at about 2% 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 Galaxy by adding it to a well-diversified portfolio.
Price Book 1.2916 | Book Value 9.771 | Enterprise Value 52.6 B | Price Sales 3.884 | Shares Float 5.5 B |
China Galaxy Valuation on October 14, 2024
It is possible to determine the worth of China Galaxy on a given historical date. On October 14, 2024 China was worth 15.01 at the beginning of the trading date compared to the closed value of 14.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Galaxy stock. Still, in general, we apply an absolute valuation method to find China Galaxy'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 Galaxy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Galaxy's related companies.
| Open | High | Low | Close | Volume | |
| 14.52 | 16.17 | 14.27 | 15.47 | 257,280,093 | |
10/14/2024 | 15.01 | 15.15 | 13.97 | 14.78 | 223,545,347 |
| 14.50 | 14.85 | 14.21 | 14.22 | 129,595,949 |
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China Galaxy Trading Date Momentum on October 14, 2024
| On October 15 2024 China Galaxy Securities was traded for 14.22 at the closing time. The highest price during the trading period was 14.85 and the lowest recorded bid was listed for 14.21 . The volume for the day was 129.6 M. This history from October 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.79% . The overall trading delta to the current price is 2.77% . |
China Galaxy Securities Fundamentals Correlations and Trends
By evaluating China Galaxy'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 Galaxy'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 Galaxy Stock history
China Galaxy 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 Galaxy Securities 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 Galaxy stock prices may prove useful in developing a viable investing in China Galaxy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10.9 B | 11.3 B | |
| Net Income Applicable To Common Shares | 8.9 B | 7.2 B |
China Galaxy Stock Technical Analysis
China Galaxy 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 Galaxy Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
China Galaxy Securities 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 Galaxy December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how China Galaxy 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 Galaxy shares will generate the highest return on investment. By undertsting and applying China Galaxy stock market strength indicators, traders can identify China Galaxy Securities entry and exit signals to maximize returns
China Galaxy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Galaxy'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 | 0.1396 | |||
| Jensen Alpha | 0.5685 | |||
| Total Risk Alpha | 0.3762 | |||
| Sortino Ratio | 0.1704 | |||
| Treynor Ratio | (6.34) |
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| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Galaxy's price analysis, check to measure China Galaxy'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 Galaxy is operating at the current time. Most of China Galaxy's value examination focuses on studying past and present price action to predict the probability of China Galaxy'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 Galaxy's price. Additionally, you may evaluate how the addition of China Galaxy to your portfolios can decrease your overall portfolio volatility.
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