CITIC RESHLDGS (Germany) Price on October 25, 2024

CZR Stock  EUR 0.04  0  2.67%   
If you're considering investing in CITIC Stock, it is important to understand the factors that can impact its price. As of today, the current price of CITIC RESHLDGS stands at 0.04, as last reported on the 8th of January, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. CITIC RESHLDGS HD secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of volatility over the last 3 months. CITIC RESHLDGS HD exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CITIC RESHLDGS's risk adjusted performance of (0.01), and Mean Deviation of 2.26 to double-check the risk estimate we provide.
  
CITIC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1289

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Estimated Market Risk

 2.53
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.33
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average CITIC RESHLDGS 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 CITIC RESHLDGS by adding CITIC RESHLDGS to a well-diversified portfolio.

CITIC RESHLDGS Valuation on October 25, 2024

It is possible to determine the worth of CITIC RESHLDGS on a given historical date. On October 25, 2024 CITIC was worth 0.044 at the beginning of the trading date compared to the closed value of 0.044. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CITIC RESHLDGS stock. Still, in general, we apply an absolute valuation method to find CITIC RESHLDGS'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 RESHLDGS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CITIC RESHLDGS's related companies.
 Open High Low Close Volume
  0.04    0.04    0.04    0.04    1.00  
10/25/2024
  0.04    0.04    0.04    0.04    1.00  
  0.04    0.04    0.04    0.04    1.00  
Backtest CITIC RESHLDGS  |  CITIC RESHLDGS History  |  CITIC RESHLDGS Valuation   PreviousNext  
Open Value
0.044
0.0004
Downside
0.044
Closing Value
7.64
Upside

CITIC RESHLDGS Trading Date Momentum on October 25, 2024

On October 28 2024 CITIC RESHLDGS HD was traded for  0.04  at the closing time. The highest daily price throughout the period was 0.04  and the lowest price was  0.04 . There was no trading activity during the period 1.0. Lack of trading volume on 10/28/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.14% . The overall trading delta to current closing price is 0.00% .

CITIC RESHLDGS HD Fundamentals Correlations and Trends

By evaluating CITIC RESHLDGS'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 RESHLDGS'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 RESHLDGS Stock history

CITIC RESHLDGS 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 RESHLDGS HD 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 RESHLDGS stock prices may prove useful in developing a viable investing in CITIC RESHLDGS
CITIC Resources Holdings Limited, an investment holding company, engages in the exploration, development, and production of oil and coal. CITIC Resources Holdings Limited is a subsidiary of CITIC Group Corporation. CITIC RES operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 308 people.

CITIC RESHLDGS Stock Technical Analysis

CITIC RESHLDGS 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.
A focus of CITIC RESHLDGS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CITIC RESHLDGS trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

CITIC RESHLDGS Period Price Range

Low
January 8, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

CITIC RESHLDGS HD 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.

CITIC RESHLDGS January 8, 2025 Market Strength

Market strength indicators help investors to evaluate how CITIC RESHLDGS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CITIC RESHLDGS shares will generate the highest return on investment. By undertsting and applying CITIC RESHLDGS stock market strength indicators, traders can identify CITIC RESHLDGS HD entry and exit signals to maximize returns

CITIC RESHLDGS Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CITIC RESHLDGS's price direction in advance. Along with the technical and fundamental analysis of CITIC Stock 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.

Complementary Tools for CITIC Stock analysis

When running CITIC RESHLDGS's price analysis, check to measure CITIC RESHLDGS'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 RESHLDGS is operating at the current time. Most of CITIC RESHLDGS's value examination focuses on studying past and present price action to predict the probability of CITIC RESHLDGS'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 RESHLDGS's price. Additionally, you may evaluate how the addition of CITIC RESHLDGS to your portfolios can decrease your overall portfolio volatility.
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