China Green Agriculture Price on December 31, 2023
| CGADelisted Stock | USD 1.98 0.02 1.02% |
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Green stands at 1.98, as last reported on the 30th of November, with the highest price reaching 2.00 and the lowest price hitting 1.87 during the day. China Green appears to be extremely dangerous, given 3 months investment horizon. China Green Agriculture secures Sharpe Ratio (or Efficiency) of 0.0648, which signifies that the company had a 0.0648% return per unit of risk over the last 3 months. By analyzing China Green's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of China Green's Mean Deviation of 5.83, downside deviation of 7.04, and Risk Adjusted Performance of 0.0427 to double-check if our risk estimates are consistent with your expectations.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.0648
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CGA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.68 actual daily | 77 77% of assets are less volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average China Green is performing at about 5% 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 China Green by adding it to a well-diversified portfolio.
China Green Valuation on December 31, 2023
It is possible to determine the worth of China Green on a given historical date. On December 31, 2023 China was worth 3.29 at the beginning of the trading date compared to the closed value of 3.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Green stock. Still, in general, we apply an absolute valuation method to find China Green'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 Green where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Green's related companies.
| Open | High | Low | Close | Volume | |
| 1.91 | 2.04 | 1.90 | 1.90 | 979,562 | |
12/29/2023 | 3.29 | 4.00 | 2.59 | 3.03 | 9,656,853 |
| 2.29 | 3.25 | 2.02 | 2.50 | 670,115 |
| Backtest China Green | | | China Green History | | | China Green Valuation | Previous | Next |
China Green Trading Date Momentum on December 31, 2023
| On January 02 2024 China Green Agriculture was traded for 2.50 at the closing time. Highest China Green's price during the trading hours was 3.25 and the lowest price during the day was 2.02 . The net volume was 670.1 K. The overall trading history on the 2nd of January contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 17.49% . The overall trading delta to current price is 2.31% . |
China Green Agriculture Fundamentals Correlations and Trends
By evaluating China Green'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 Green'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 Green Stock history
China Green 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 Green Agriculture 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 Green stock prices may prove useful in developing a viable investing in China Green
China Green Agriculture, Inc., through its subsidiaries, engages in the research, development, production, and sale of various fertilizers and agricultural products in the Peoples Republic of China. China Green Agriculture, Inc. was incorporated in 1987 and is based in Xian, the Peoples Republic of China. China Green operates under Agricultural Inputs classification in the United States and is traded on New York Stock Exchange.
China Green Stock Technical Analysis
China Green 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
China Green Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
China Green Agriculture cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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 Green November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how China Green 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 Green shares will generate the highest return on investment. By undertsting and applying China Green stock market strength indicators, traders can identify China Green Agriculture entry and exit signals to maximize returns
China Green Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Green'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 | 0.0427 | |||
| Jensen Alpha | 0.6934 | |||
| Total Risk Alpha | (1.06) | |||
| Sortino Ratio | 0.0337 | |||
| Treynor Ratio | (0.14) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Green Agriculture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in China Stock
If you are still planning to invest in China Green Agriculture check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the China Green's history and understand the potential risks before investing.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |