China Molybdenum (China) Price on May 4, 2023
| 603993 Stock | 6.99 0.08 1.16% |
Below is the normalized historical share price chart for China Molybdenum Co extending back to October 09, 2012. 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 Molybdenum stands at 6.99, as last reported on the 25th of December, with the highest price reaching 6.99 and the lowest price hitting 6.87 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Molybdenum secures Sharpe Ratio (or Efficiency) of -0.098, which signifies that the company had a -0.098% return per unit of risk over the last 3 months. China Molybdenum Co exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Molybdenum's Mean Deviation of 1.87, risk adjusted performance of 0.0495, and Downside Deviation of 2.55 to double-check the risk estimate we provide.
At present, China Molybdenum's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 5.2 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 17.3 B. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of April 2007 | 200 Day MA 7.9182 | 50 Day MA 7.6084 | Beta 1.355 |
China |
Sharpe Ratio = -0.098
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 603993 |
Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China Molybdenum is not performing at its full potential. However, 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 Molybdenum by adding China Molybdenum to a well-diversified portfolio.
Price Book 2.4073 | Enterprise Value Ebitda 5.033 | Price Sales 0.6826 | Shares Float 10.4 B | Wall Street Target Price 10.1 |
China Molybdenum Valuation on May 4, 2023
It is possible to determine the worth of China Molybdenum on a given historical date. On May 4, 2023 China was worth 5.88 at the beginning of the trading date compared to the closed value of 5.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Molybdenum stock. Still, in general, we apply an absolute valuation method to find China Molybdenum'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 Molybdenum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Molybdenum's related companies.
| Open | High | Low | Close | Volume | |
| 5.92 | 6.05 | 5.87 | 5.87 | 170,164,300 | |
05/04/2023 | 5.88 | 5.88 | 5.61 | 5.61 | 280,601,112 |
| 5.71 | 5.80 | 5.53 | 5.53 | 164,903,822 |
| Backtest China Molybdenum | | | China Molybdenum History | | | China Molybdenum Valuation | Previous | Next |
China Molybdenum Trading Date Momentum on May 4, 2023
| On May 05 2023 China Molybdenum Co was traded for 5.53 at the closing time. The highest price during the trading period was 5.80 and the lowest recorded bid was listed for 5.53 . The volume for the day was 164.9 M. This history from May 5, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.43% . The overall trading delta to the current price is 5.70% . |
China Molybdenum Fundamentals Correlations and Trends
By evaluating China Molybdenum'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 Molybdenum'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 Molybdenum Stock history
China Molybdenum 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 Molybdenum 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 Molybdenum stock prices may prove useful in developing a viable investing in China Molybdenum
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.4 B | 17.3 B | |
| Net Income Applicable To Common Shares | 7 B | 7.3 B |
China Molybdenum Quarterly Net Working Capital |
|
China Molybdenum Stock Technical Analysis
China Molybdenum 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 Molybdenum Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
China Molybdenum Co 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 Molybdenum December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how China Molybdenum 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 Molybdenum shares will generate the highest return on investment. By undertsting and applying China Molybdenum stock market strength indicators, traders can identify China Molybdenum Co entry and exit signals to maximize returns
China Molybdenum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Molybdenum'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 | 0.0495 | |||
| Jensen Alpha | 0.1301 | |||
| Total Risk Alpha | 0.015 | |||
| Sortino Ratio | 0.0353 | |||
| Treynor Ratio | (0.79) |
| 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 Molybdenum's price analysis, check to measure China Molybdenum'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 Molybdenum is operating at the current time. Most of China Molybdenum's value examination focuses on studying past and present price action to predict the probability of China Molybdenum'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 Molybdenum's price. Additionally, you may evaluate how the addition of China Molybdenum to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |