Citic Limited Stock Price on September 24, 2024
| CTPCF Stock | USD 1.10 0.00 0.00% |
If you're considering investing in CITIC Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of CITIC stands at 1.10, as last reported on the 3rd of December, with the highest price reaching 1.10 and the lowest price hitting 1.10 during the day. CITIC appears to be very risky, given 3 months investment horizon. CITIC Limited secures Sharpe Ratio (or Efficiency) of 0.0917, which signifies that the company had a 0.0917% return per unit of volatility over the last 3 months. We have found eighteen technical indicators for CITIC Limited, which you can use to evaluate the volatility of the firm. Please makes use of CITIC's risk adjusted performance of 0.0882, and Mean Deviation of 1.04 to double-check if our risk estimates are consistent with your expectations.
CITIC Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
CITIC |
Sharpe Ratio = 0.0917
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CTPCF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.79 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average CITIC 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 CITIC by adding it to a well-diversified portfolio.
CITIC Valuation on September 24, 2024
It is possible to determine the worth of CITIC on a given historical date. On September 24, 2024 CITIC was worth 0.98 at the beginning of the trading date compared to the closed value of 1.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CITIC pink sheet. Still, in general, we apply an absolute valuation method to find CITIC'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 CITIC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CITIC's related companies.
| Open | High | Low | Close | Volume | |
| 0.95 | 0.95 | 0.95 | 0.95 | 1.00 | |
09/24/2024 | 0.98 | 1.12 | 0.98 | 1.12 | 1,822 |
| 1.15 | 1.15 | 1.15 | 1.15 | 1.00 |
| Backtest CITIC | | | CITIC History | | | CITIC Valuation | Previous | Next |
CITIC Trading Date Momentum on September 24, 2024
| On September 26 2024 CITIC Limited was traded for 1.15 at the closing time. The highest daily price throughout the period was 1.15 and the lowest price was 1.15 . There was no trading activity during the period 1.0. Lack of trading volume on 09/26/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 2.68% . The overall trading delta to current closing price is 1.79% . |
CITIC Limited Fundamentals Correlations and Trends
By evaluating CITIC'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 CITIC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CITIC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CITIC Pink Sheet history
CITIC 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 CITIC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CITIC 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 CITIC stock prices may prove useful in developing a viable investing in CITIC
CITIC Limited operates in the financial services, manufacturing, engineering contracting, advances materials, consumption, and urbanization businesses in China. The company was founded in 1987 and is based in Central, Hong Kong. Citic is traded on OTC Exchange in the United States.
CITIC Pink Sheet Technical Analysis
CITIC 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
CITIC Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
CITIC Limited 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.
CITIC December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how CITIC 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 CITIC shares will generate the highest return on investment. By undertsting and applying CITIC pink sheet market strength indicators, traders can identify CITIC Limited entry and exit signals to maximize returns
CITIC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CITIC's price direction in advance. Along with the technical and fundamental analysis of CITIC Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of CITIC 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 | 0.0882 | |||
| Jensen Alpha | 0.229 | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.6359 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for CITIC Pink Sheet analysis
When running CITIC's price analysis, check to measure CITIC'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 CITIC is operating at the current time. Most of CITIC's value examination focuses on studying past and present price action to predict the probability of CITIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CITIC's price. Additionally, you may evaluate how the addition of CITIC to your portfolios can decrease your overall portfolio volatility.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |