INDCOMMBK CHINA (Germany) Price on February 23, 2023
| ICKB Stock | EUR 11.40 0.20 1.79% |
If you're considering investing in INDCOMMBK Stock, it is important to understand the factors that can impact its price. As of today, the current price of INDCOMMBK CHINA stands at 11.40, as last reported on the 11th of December 2024, with the highest price reaching 11.40 and the lowest price hitting 11.40 during the day. INDCOMMBK CHINA appears to be somewhat reliable, given 3 months investment horizon. INDCOMMBK CHINA ADR20 holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for INDCOMMBK CHINA ADR20, which you can use to evaluate the volatility of the firm. Please utilize INDCOMMBK CHINA's Risk Adjusted Performance of 0.0885, market risk adjusted performance of (0.46), and Semi Deviation of 1.78 to validate if our risk estimates are consistent with your expectations.
INDCOMMBK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
INDCOMMBK |
Sharpe Ratio = 0.121
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Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average INDCOMMBK CHINA is performing at about 9% 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 INDCOMMBK CHINA by adding it to a well-diversified portfolio.
INDCOMMBK CHINA Valuation on February 23, 2023
It is possible to determine the worth of INDCOMMBK CHINA on a given historical date. On February 23, 2023 INDCOMMBK was worth 7.65 at the beginning of the trading date compared to the closed value of 7.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of INDCOMMBK CHINA stock. Still, in general, we apply an absolute valuation method to find INDCOMMBK CHINA'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 INDCOMMBK CHINA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against INDCOMMBK CHINA's related companies.
| Open | High | Low | Close | Volume | |
| 7.65 | 7.65 | 7.65 | 7.65 | 1.00 | |
02/23/2023 | 7.65 | 7.65 | 7.65 | 7.65 | 1.00 |
| 7.56 | 7.56 | 7.56 | 7.56 | 1.00 |
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INDCOMMBK CHINA Trading Date Momentum on February 23, 2023
| On February 24 2023 INDCOMMBK CHINA ADR20 was traded for 7.56 at the closing time. The maximum traded price for the trading interval was 7.56 and the lowest daily price was 7.56 . There was no trading activity during the period 1.0. Lack of trading volume on 24th of February 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.18% . The trading delta at closing time to the closing price today is 2.09% . |
INDCOMMBK CHINA ADR20 Fundamentals Correlations and Trends
By evaluating INDCOMMBK CHINA'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 INDCOMMBK CHINA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. INDCOMMBK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About INDCOMMBK CHINA Stock history
INDCOMMBK CHINA 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 INDCOMMBK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in INDCOMMBK CHINA ADR20 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 INDCOMMBK CHINA stock prices may prove useful in developing a viable investing in INDCOMMBK CHINA
Industrial and Commercial Bank of China Limited provides various banking products and services in China and internationally. Industrial and Commercial Bank of China Limited was founded in 1984 and is headquartered in Beijing, the Peoples Republic of China. IND COMM operates under BanksDiversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 439787 people.
INDCOMMBK CHINA Stock Technical Analysis
INDCOMMBK CHINA 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
INDCOMMBK CHINA Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
INDCOMMBK CHINA ADR20 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.
INDCOMMBK CHINA December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how INDCOMMBK CHINA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading INDCOMMBK CHINA shares will generate the highest return on investment. By undertsting and applying INDCOMMBK CHINA stock market strength indicators, traders can identify INDCOMMBK CHINA ADR20 entry and exit signals to maximize returns
INDCOMMBK CHINA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for INDCOMMBK CHINA's price direction in advance. Along with the technical and fundamental analysis of INDCOMMBK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of INDCOMMBK 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 | 0.0885 | |||
| Jensen Alpha | 0.3875 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0887 | |||
| Treynor Ratio | (0.47) |
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for INDCOMMBK Stock analysis
When running INDCOMMBK CHINA's price analysis, check to measure INDCOMMBK CHINA'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 INDCOMMBK CHINA is operating at the current time. Most of INDCOMMBK CHINA's value examination focuses on studying past and present price action to predict the probability of INDCOMMBK CHINA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move INDCOMMBK CHINA's price. Additionally, you may evaluate how the addition of INDCOMMBK CHINA to your portfolios can decrease your overall portfolio volatility.
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