Aluminum Of Stock Price on January 17, 2024
ALMMF Stock | USD 0.63 0.02 3.28% |
If you're considering investing in Aluminumof Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Aluminumof China stands at 0.63, as last reported on the 23rd of January, with the highest price reaching 0.63 and the lowest price hitting 0.63 during the day. Aluminumof China secures Sharpe Ratio (or Efficiency) of -0.0618, which signifies that the company had a -0.0618 % return per unit of risk over the last 3 months. Aluminum of exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aluminumof China's Standard Deviation of 4.78, mean deviation of 3.24, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Aluminumof Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Aluminumof |
Sharpe Ratio = -0.0618
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Estimated Market Risk
4.84 actual daily | 43 57% of assets are more volatile |
Expected Return
-0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aluminumof China 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 Aluminumof China by adding Aluminumof China to a well-diversified portfolio.
Aluminumof China Valuation on January 17, 2024
It is possible to determine the worth of Aluminumof China on a given historical date. On January 17, 2024 Aluminumof was worth 0.41 at the beginning of the trading date compared to the closed value of 0.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aluminumof China pink sheet. Still, in general, we apply an absolute valuation method to find Aluminumof 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 Aluminumof China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aluminumof China's related companies.
Open | High | Low | Close | Volume | |
0.43 | 0.43 | 0.43 | 0.43 | 3,750 | |
01/17/2024 | 0.41 | 0.41 | 0.41 | 0.41 | 100.00 |
0.41 | 0.41 | 0.41 | 0.41 | 1,125 |
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Aluminumof China Trading Date Momentum on January 17, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Aluminumof China Fundamentals Correlations and Trends
By evaluating Aluminumof 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 Aluminumof China's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aluminumof financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aluminumof China Pink Sheet history
Aluminumof 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 Aluminumof is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aluminumof China 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 Aluminumof China stock prices may prove useful in developing a viable investing in Aluminumof China
Aluminum Corporation of China Limited, together with its subsidiaries, manufactures and sells alumina, primary aluminum, aluminum alloys, and carbon products in the Peoples Republic of China and internationally. Aluminum Corporation of China Limited was incorporated in 2001 and is headquartered in Beijing, the Peoples Republic of China. Aluminum Corp operates under Aluminum classification in the United States and is traded on OTC Exchange. It employs 60056 people.
Aluminumof China Pink Sheet Technical Analysis
Aluminumof China technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Aluminumof China Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
Aluminum of cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Aluminumof China January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Aluminumof China pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aluminumof China shares will generate the highest return on investment. By undertsting and applying Aluminumof China pink sheet market strength indicators, traders can identify Aluminum of entry and exit signals to maximize returns
Aluminumof China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aluminumof China's price direction in advance. Along with the technical and fundamental analysis of Aluminumof Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aluminumof 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 | (0.01) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (0.31) |
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Volume Indicators |
Complementary Tools for Aluminumof Pink Sheet analysis
When running Aluminumof China's price analysis, check to measure Aluminumof 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 Aluminumof China is operating at the current time. Most of Aluminumof China's value examination focuses on studying past and present price action to predict the probability of Aluminumof 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 Aluminumof China's price. Additionally, you may evaluate how the addition of Aluminumof China to your portfolios can decrease your overall portfolio volatility.
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