CHINA WATER (Germany) Price on October 21, 2024
| HAU2 Stock | 0.03 0.02 40.00% |
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 0.03, as last reported on the 16th of December 2024, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. CHINA WATER IGR secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of return volatility over the last 3 months. CHINA WATER IGR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CHINA WATER's Coefficient Of Variation of (846.94), risk adjusted performance of (0.08), and Mean Deviation of 4.99 to double-check the risk estimate we provide.
CHINA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CHINA |
Sharpe Ratio = -0.119
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| Negative Returns | HAU2 |
Estimated Market Risk
| 10.48 actual daily | 93 93% of assets are less volatile |
Expected Return
| -1.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CHINA WATER 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 WATER by adding CHINA WATER to a well-diversified portfolio.
CHINA WATER Valuation on October 21, 2024
It is possible to determine the worth of CHINA WATER on a given historical date. On October 21, 2024 CHINA was worth 0.08 at the beginning of the trading date compared to the closed value of 0.08. 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 | |
| 0.08 | 0.08 | 0.08 | 0.08 | 1.00 | |
10/21/2024 | 0.08 | 0.08 | 0.08 | 0.08 | 1.00 |
| 0.07 | 0.07 | 0.07 | 0.07 | 1.00 |
| Backtest CHINA WATER | | | CHINA WATER History | Previous | Next |
CHINA WATER Trading Date Momentum on October 21, 2024
| On October 22 2024 CHINA WATER IGR was traded for 0.07 at the closing time. The maximum traded price for the trading interval was 0.07 and the lowest daily price was 0.07 . There was no trading activity during the period 1.0. Lack of trading volume on 22nd of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 12.50% . The overall trading delta to the closing price today is 37.50% . |
Price Boundaries
CHINA WATER Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
CHINA WATER IGR 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 16, 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 IGR 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 | (0.08) | |||
| Jensen Alpha | (1.54) | |||
| Total Risk Alpha | (2.53) | |||
| Treynor Ratio | (0.37) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| 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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