Cambricon Technologies (China) Price on November 25, 2024
| 688256 Stock | 544.80 6.37 1.18% |
If you're considering investing in Cambricon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cambricon Technologies stands at 544.80, as last reported on the 11th of December 2024, with the highest price reaching 552.79 and the lowest price hitting 521.28 during the day. Cambricon Technologies is very steady given 3 months investment horizon. Cambricon Technologies secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.8% are justified by taking the suggested risk. Use Cambricon Technologies Downside Deviation of 3.93, risk adjusted performance of 0.2188, and Mean Deviation of 4.34 to evaluate company specific risk that cannot be diversified away.
Cambricon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cambricon |
Sharpe Ratio = 0.2906
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 688256 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.18 actual daily | 55 55% of assets are less volatile |
Expected Return
| 1.8 actual daily | 35 65% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Cambricon Technologies is performing at about 22% 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 Cambricon Technologies by adding it to a well-diversified portfolio.
Cambricon Technologies Valuation on November 25, 2024
It is possible to determine the worth of Cambricon Technologies on a given historical date. On November 25, 2024 Cambricon was worth 499.87 at the beginning of the trading date compared to the closed value of 489.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cambricon Technologies stock. Still, in general, we apply an absolute valuation method to find Cambricon Technologies' 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 Cambricon Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cambricon Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 510.00 | 521.54 | 490.01 | 492.00 | 8,702,758 | |
11/25/2024 | 499.87 | 503.58 | 469.00 | 489.00 | 9,034,201 |
| 484.00 | 494.90 | 476.80 | 485.90 | 4,545,327 |
| Backtest Cambricon Technologies | | | Cambricon Technologies History | | | Cambricon Technologies Valuation | Previous | Next |
Cambricon Technologies Trading Date Momentum on November 25, 2024
| On November 26 2024 Cambricon Technologies Corp was traded for 485.90 at the closing time. The highest price during the trading period was 494.90 and the lowest recorded bid was listed for 476.80 . The volume for the day was 4.5 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.63% . The overall trading delta to the current price is 12.47% . |
Cambricon Technologies Fundamentals Correlations and Trends
By evaluating Cambricon Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cambricon Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cambricon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cambricon Technologies Stock history
Cambricon Technologies 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 Cambricon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cambricon Technologies 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 Cambricon Technologies stock prices may prove useful in developing a viable investing in Cambricon Technologies
Cambricon Technologies Stock Technical Analysis
Cambricon Technologies 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
Cambricon Technologies Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Cambricon Technologies Corp 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.
Cambricon Technologies December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Cambricon Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cambricon Technologies shares will generate the highest return on investment. By undertsting and applying Cambricon Technologies stock market strength indicators, traders can identify Cambricon Technologies Corp entry and exit signals to maximize returns
Cambricon Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cambricon Technologies' price direction in advance. Along with the technical and fundamental analysis of Cambricon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cambricon 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 | 0.2188 | |||
| Jensen Alpha | 1.74 | |||
| Total Risk Alpha | 0.8071 | |||
| Sortino Ratio | 0.4254 | |||
| Treynor Ratio | 4.05 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Cambricon Stock analysis
When running Cambricon Technologies' price analysis, check to measure Cambricon Technologies' 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 Cambricon Technologies is operating at the current time. Most of Cambricon Technologies' value examination focuses on studying past and present price action to predict the probability of Cambricon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cambricon Technologies' price. Additionally, you may evaluate how the addition of Cambricon Technologies to your portfolios can decrease your overall portfolio volatility.
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