China Medicine Stock Price on November 27, 2024
| CHME Stock | USD 0.0001 0.00 0.00% |
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 Medicine stands at 0.0001, as last reported on the 30th of March, with the highest price reaching 0.0001 and the lowest price hitting 0.0001 during the day. China Medicine is out of control given 3 months investment horizon. China Medicine secures Sharpe Ratio (or Efficiency) of 0.0654, which signifies that the company had a 0.0654 % return per unit of risk over the last 3 months. We have collected data for seventeen different technical indicators, which can help you to evaluate if expected returns of 2.07% are justified by taking the suggested risk. Use China Medicine Mean Deviation of 7.01, risk adjusted performance of 0.0654, and Standard Deviation of 31.37 to evaluate company specific risk that cannot be diversified away.
China Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.0654
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| Average Returns | CHME | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 31.61 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.07 actual daily | 41 59% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average China Medicine 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 Medicine by adding it to a well-diversified portfolio.
China Medicine Valuation on November 27, 2024
It is possible to determine the worth of China Medicine on a given historical date. On November 27, 2024 China was worth 2.0E-4 at the beginning of the trading date compared to the closed value of 2.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Medicine pink sheet. Still, in general, we apply an absolute valuation method to find China Medicine'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 Medicine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Medicine's related companies.
| Open | High | Low | Close | Volume | |
| 0.0002 | 0.0002 | 0.0002 | 0.0002 | 1.00 | |
11/27/2024 | 0.0002 | 0.0002 | 0.0002 | 0.0002 | 1.00 |
| 0.0001 | 0.0002 | 0.0001 | 0.0002 | 7,000 |
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China Medicine Trading Date Momentum on November 27, 2024
| On November 28 2024 China Medicine was traded for 0.0002 at the closing time. The top price for the day was 0.0002 and the lowest listed price was 0.0001 . The trading volume for the day was 7 K. The trading history from November 28, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
China Medicine Fundamentals Correlations and Trends
By evaluating China Medicine'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 Medicine'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 Medicine Pink Sheet history
China Medicine 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 Medicine 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 Medicine stock prices may prove useful in developing a viable investing in China Medicine
China Medicine Corporation produces and distributes prescription and over the counter drugs, traditional Chinese medicine products, herbs and dietary-supplements, medical devices, and medical formulations in China. China Medicine Corporation was founded in 2005 and is based in Guangzhou, China. CHINA MEDICINE operates under Medical Distribution classification in the United States and is traded on OTC Exchange. It employs 281 people.
China Medicine Pink Sheet Technical Analysis
China Medicine 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 Medicine Period Price Range
Low | March 30, 2025
| High |
0.00 | 0.00 |
China Medicine 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 Medicine March 30, 2025 Market Strength
Market strength indicators help investors to evaluate how China Medicine 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 Medicine shares will generate the highest return on investment. By undertsting and applying China Medicine pink sheet market strength indicators, traders can identify China Medicine entry and exit signals to maximize returns
China Medicine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Medicine's 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 | 0.0654 | |||
| Jensen Alpha | 2.12 | |||
| Total Risk Alpha | 3.99 | |||
| Treynor Ratio | 1.15 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Pink Sheet analysis
When running China Medicine's price analysis, check to measure China Medicine'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 China Medicine is operating at the current time. Most of China Medicine's value examination focuses on studying past and present price action to predict the probability of China Medicine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Medicine's price. Additionally, you may evaluate how the addition of China Medicine to your portfolios can decrease your overall portfolio volatility.
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