AIR CHINA (Germany) Price on January 31, 2023
| AD2B Stock | EUR 11.90 0.40 3.25% |
If you're considering investing in AIR Stock, it is important to understand the factors that can impact its price. As of today, the current price of AIR CHINA stands at 11.90, as last reported on the 22nd of December, with the highest price reaching 11.90 and the lowest price hitting 11.90 during the day. AIR CHINA appears to be somewhat reliable, given 3 months investment horizon. AIR CHINA LTD secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of risk over the last 3 months. By reviewing AIR CHINA's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please makes use of AIR CHINA's risk adjusted performance of 0.1971, and Mean Deviation of 3.15 to double-check if our risk estimates are consistent with your expectations.
AIR Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AIR |
Sharpe Ratio = 0.2084
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Estimated Market Risk
| 3.86 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average AIR CHINA is performing at about 16% 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 AIR CHINA by adding it to a well-diversified portfolio.
AIR CHINA Valuation on January 31, 2023
It is possible to determine the worth of AIR CHINA on a given historical date. On January 31, 2023 AIR was worth 15.7 at the beginning of the trading date compared to the closed value of 15.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AIR CHINA stock. Still, in general, we apply an absolute valuation method to find AIR CHINA'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 AIR CHINA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AIR CHINA's related companies.
| Open | High | Low | Close | Volume | |
| 15.80 | 15.80 | 15.80 | 15.80 | 140.00 | |
01/31/2023 | 15.70 | 15.70 | 15.70 | 15.70 | 140.00 |
| 15.40 | 15.40 | 15.40 | 15.40 | 140.00 |
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AIR CHINA Trading Date Momentum on January 31, 2023
| On February 01 2023 AIR CHINA LTD was traded for 15.40 at the closing time. The maximum traded price for the trading interval was 15.40 and the lowest daily price was 15.40 . The daily volume was recorded at 140. The volume of trading on 1st of February 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.91% . The overall trading delta to the closing price today is 3.82% . |
AIR CHINA LTD Fundamentals Correlations and Trends
By evaluating AIR CHINA'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 AIR CHINA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AIR financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AIR CHINA Stock history
AIR CHINA 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 AIR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AIR CHINA LTD 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 AIR CHINA stock prices may prove useful in developing a viable investing in AIR CHINA
Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, Europe, North America, Japan, Korea, the Asia Pacific, and internationally. Air China Limited is a subsidiary of China National Aviation Holding Corporation Limited. AIR CHINA operates under Airlines classification in Germany and is traded on Frankfurt Stock Exchange. It employs 89373 people.
AIR CHINA Stock Technical Analysis
AIR CHINA 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
AIR CHINA Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
AIR CHINA LTD cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
AIR CHINA December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how AIR CHINA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AIR CHINA shares will generate the highest return on investment. By undertsting and applying AIR CHINA stock market strength indicators, traders can identify AIR CHINA LTD entry and exit signals to maximize returns
AIR CHINA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AIR CHINA's price direction in advance. Along with the technical and fundamental analysis of AIR Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AIR 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 | 0.1971 | |||
| Jensen Alpha | 0.9486 | |||
| Total Risk Alpha | 0.841 | |||
| Sortino Ratio | 0.2728 | |||
| Treynor Ratio | 3.79 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for AIR Stock analysis
When running AIR CHINA's price analysis, check to measure AIR CHINA'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 AIR CHINA is operating at the current time. Most of AIR CHINA's value examination focuses on studying past and present price action to predict the probability of AIR CHINA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AIR CHINA's price. Additionally, you may evaluate how the addition of AIR CHINA to your portfolios can decrease your overall portfolio volatility.
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