CRRC (Germany) Price on November 24, 2023
| C2L Stock | EUR 0.61 0.00 0.00% |
If you're considering investing in CRRC Stock, it is important to understand the factors that can impact its price. As of today, the current price of CRRC stands at 0.61, as last reported on the 23rd of December, with the highest price reaching 0.61 and the lowest price hitting 0.61 during the day. CRRC appears to be extremely dangerous, given 3 months investment horizon. CRRC Limited secures Sharpe Ratio (or Efficiency) of 0.0904, which signifies that the company had a 0.0904% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for CRRC Limited, which you can use to evaluate the volatility of the firm. Please makes use of CRRC's mean deviation of 1.53, and Risk Adjusted Performance of 0.1029 to double-check if our risk estimates are consistent with your expectations.
CRRC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CRRC |
Sharpe Ratio = 0.0904
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Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average CRRC is performing at about 7% 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 CRRC by adding it to a well-diversified portfolio.
CRRC Valuation on November 24, 2023
It is possible to determine the worth of CRRC on a given historical date. On November 24, 2023 CRRC was worth 0.23 at the beginning of the trading date compared to the closed value of 0.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CRRC stock. Still, in general, we apply an absolute valuation method to find CRRC'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 CRRC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CRRC's related companies.
| Open | High | Low | Close | Volume | |
| 0.23 | 0.23 | 0.23 | 0.23 | 1.00 | |
11/24/2023 | 0.23 | 0.23 | 0.23 | 0.23 | 1.00 |
| 0.23 | 0.23 | 0.23 | 0.23 | 1.00 |
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CRRC Trading Date Momentum on November 24, 2023
| On November 27 2023 CRRC Limited was traded for 0.23 at the closing time. The highest daily price throughout the period was 0.23 and the lowest price was 0.23 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2023 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
CRRC Limited Fundamentals Correlations and Trends
By evaluating CRRC'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 CRRC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CRRC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CRRC Stock history
CRRC 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 CRRC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CRRC Limited 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 CRRC stock prices may prove useful in developing a viable investing in CRRC
CRRC Corporation Limited and its subsidiaries research, design, develop, manufacture, sell, refurbish, service, and lease locomotives and rolling stock in Mainland China and internationally. The company was incorporated in 2007 and is headquartered in Beijing, the Peoples Republic of China. CRRC CORP operates under Railroads classification in Germany and is traded on Frankfurt Stock Exchange. It employs 164177 people.
CRRC Stock Technical Analysis
CRRC 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
CRRC Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
CRRC Limited 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.
CRRC December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how CRRC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CRRC shares will generate the highest return on investment. By undertsting and applying CRRC stock market strength indicators, traders can identify CRRC Limited entry and exit signals to maximize returns
CRRC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CRRC's price direction in advance. Along with the technical and fundamental analysis of CRRC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CRRC 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 | 0.1029 | |||
| Jensen Alpha | 0.2948 | |||
| Total Risk Alpha | 0.2225 | |||
| Sortino Ratio | 0.0661 | |||
| Treynor Ratio | (2.56) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for CRRC Stock analysis
When running CRRC's price analysis, check to measure CRRC'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 CRRC is operating at the current time. Most of CRRC's value examination focuses on studying past and present price action to predict the probability of CRRC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CRRC's price. Additionally, you may evaluate how the addition of CRRC to your portfolios can decrease your overall portfolio volatility.
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