China Gas Holdings Stock Price on June 16, 2023
CGHOF Stock | USD 0.82 0.03 3.53% |
If you're considering investing in China Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of China Gas stands at 0.82, as last reported on the 8th of January, with the highest price reaching 0.82 and the lowest price hitting 0.82 during the day. China Gas Holdings secures Sharpe Ratio (or Efficiency) of -0.0797, which signifies that the company had a -0.0797% return per unit of risk over the last 3 months. China Gas Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Gas' Standard Deviation of 2.6, mean deviation of 0.8352, and Risk Adjusted Performance of 0.0513 to double-check the risk estimate we provide.
China Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = -0.0797
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Estimated Market Risk
1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China Gas 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 China Gas by adding China Gas to a well-diversified portfolio.
China Gas Valuation on June 16, 2023
It is possible to determine the worth of China Gas on a given historical date. On June 16, 2023 China was worth 0.98 at the beginning of the trading date compared to the closed value of 0.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Gas pink sheet. Still, in general, we apply an absolute valuation method to find China Gas' 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 Gas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Gas' related companies.
Open | High | Low | Close | Volume | |
0.98 | 0.98 | 0.98 | 0.98 | 2,476 | |
06/16/2023 | 0.98 | 0.98 | 0.98 | 0.98 | 1.00 |
1.13 | 1.13 | 1.13 | 1.13 | 1.00 |
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China Gas Trading Date Momentum on June 16, 2023
On June 20 2023 China Gas Holdings was traded for 1.13 at the closing time. The highest daily price throughout the period was 1.13 and the lowest price was 1.13 . There was no trading activity during the period 1.0. Lack of trading volume on 06/20/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 15.31% . The overall trading delta to current closing price is 15.31% . |
China Gas Holdings Fundamentals Correlations and Trends
By evaluating China Gas' 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 Gas' 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 Gas Pink Sheet history
China Gas 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 Gas Holdings 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 Gas stock prices may prove useful in developing a viable investing in China Gas
China Gas Holdings Limited operates as a gas operator and service provider in the Peoples Republic of China. The company was incorporated in 1995 and is headquartered in Wan Chai, Hong Kong. China Gas is traded on OTC Exchange in the United States.
China Gas Pink Sheet Technical Analysis
China Gas 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
China Gas Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
China Gas Holdings 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.
China Gas January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how China Gas 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 China Gas shares will generate the highest return on investment. By undertsting and applying China Gas pink sheet market strength indicators, traders can identify China Gas Holdings entry and exit signals to maximize returns
China Gas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Gas' price direction in advance. Along with the technical and fundamental analysis of China Pink Sheet 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 | 0.0513 | |||
Jensen Alpha | 0.1354 | |||
Total Risk Alpha | 0.0744 | |||
Treynor Ratio | (0.82) |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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When running China Gas' price analysis, check to measure China Gas' 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 China Gas is operating at the current time. Most of China Gas' value examination focuses on studying past and present price action to predict the probability of China Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Gas' price. Additionally, you may evaluate how the addition of China Gas to your portfolios can decrease your overall portfolio volatility.
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