China Water (Germany) Price on November 5, 2024
| CUBB Stock | EUR 0.59 0.01 1.67% |
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 Water stands at 0.59, as last reported on the 20th of December, with the highest price reaching 0.59 and the lowest price hitting 0.59 during the day. China Water appears to be out of control, given 3 months investment horizon. China Water Affairs secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. By analyzing China Water's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please makes use of China Water's Mean Deviation of 3.04, risk adjusted performance of 0.1258, and Downside Deviation of 3.75 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 = 0.1416
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Estimated Market Risk
| 5.8 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.82 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average China Water is performing at about 11% 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 Water by adding it to a well-diversified portfolio.
China Water Valuation on November 5, 2024
It is possible to determine the worth of China Water on a given historical date. On November 5, 2024 China was worth 0.56 at the beginning of the trading date compared to the closed value of 0.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Water stock. Still, in general, we apply an absolute valuation method to find China Water'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 Water where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Water's related companies.
| Open | High | Low | Close | Volume | |
| 0.55 | 0.55 | 0.55 | 0.55 | 1.00 | |
11/05/2024 | 0.56 | 0.56 | 0.56 | 0.56 | 1.00 |
| 0.56 | 0.56 | 0.56 | 0.56 | 1,700 |
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China Water Trading Date Momentum on November 5, 2024
| On November 06 2024 China Water Affairs was traded for 0.56 at the closing time. The maximum traded price for the trading interval was 0.56 and the lowest daily price was 0.56 . The daily volume was recorded at 1.7 K. The volume of trading on 6th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 5.36% . |
China Water Affairs Fundamentals Correlations and Trends
By evaluating China Water'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 Water'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 Water Stock history
China Water 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 Water Affairs 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 Water stock prices may prove useful in developing a viable investing in China Water
China Water Affairs Group Limited, an investment holding company, engages in the water supply, sewage treatment, and property businesses in the Peoples Republic of China. China Water Affairs Group Limited is headquartered in Wanchai, Hong Kong. CHINA WAT operates under Utilities - Regulated Water classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8300 people.
China Water Stock Technical Analysis
China Water 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
China Water Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
China Water Affairs 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.
China Water December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how China Water 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 Water shares will generate the highest return on investment. By undertsting and applying China Water stock market strength indicators, traders can identify China Water Affairs entry and exit signals to maximize returns
China Water Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Water'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 | 0.1258 | |||
| Jensen Alpha | 0.8336 | |||
| Total Risk Alpha | 0.67 | |||
| Sortino Ratio | 0.218 | |||
| Treynor Ratio | 3.11 |
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| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Water's price analysis, check to measure China Water'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 Water is operating at the current time. Most of China Water's value examination focuses on studying past and present price action to predict the probability of China Water'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 Water's price. Additionally, you may evaluate how the addition of China Water to your portfolios can decrease your overall portfolio volatility.
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