China Satellite (China) Price History

601698 Stock   22.92  0.06  0.26%   
Below is the normalized historical share price chart for China Satellite Communications extending back to June 28, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of China Satellite stands at 22.92, as last reported on the 11th of December 2024, with the highest price reaching 22.92 and the lowest price hitting 22.37 during the day.
200 Day MA
16.4016
50 Day MA
19.7532
Beta
0.757
 
Covid
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Satellite appears to be not too volatile, given 3 months investment horizon. China Satellite Comm secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. By analyzing China Satellite's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please makes use of China Satellite's Risk Adjusted Performance of 0.1312, mean deviation of 3.21, and Downside Deviation of 3.95 to double-check if our risk estimates are consistent with your expectations.
  
As of December 11, 2024, Total Stockholder Equity is expected to decline to about 12.9 B. In addition to that, Other Stockholder Equity is expected to decline to about 3.3 M. China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1983

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Estimated Market Risk

 4.68
  actual daily
41
59% of assets are more volatile

Expected Return

 0.93
  actual daily
18
82% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average China Satellite is performing at about 15% 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 Satellite by adding it to a well-diversified portfolio.
Price Book
6.1956
Book Value
3.709
Enterprise Value
85.2 B
Enterprise Value Ebitda
138.0838
Price Sales
38.0064

China Satellite Stock Price History Chart

There are several ways to analyze China Stock price data. The simplest method is using a basic China candlestick price chart, which shows China Satellite price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 13, 202428.29
Lowest PriceSeptember 18, 202414.14

China Satellite December 11, 2024 Stock Price Synopsis

Various analyses of China Satellite's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell China Stock. It can be used to describe the percentage change in the price of China Satellite from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of China Stock.
China Satellite Price Rate Of Daily Change 1.00 
China Satellite Accumulation Distribution 1,516,018 
China Satellite Price Daily Balance Of Power(0.11)
China Satellite Price Action Indicator 0.25 

China Satellite December 11, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in China Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use China Satellite intraday prices and daily technical indicators to check the level of noise trading in China Stock and then apply it to test your longer-term investment strategies against China.

China Stock Price History Data

The price series of China Satellite for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 has a statistical range of 14.15 with a coefficient of variation of 19.58. The prices are distributed with arithmetic mean of 18.48. The median price for the last 90 days is 17.33. The company issued dividends on 2024-06-27.
OpenHighLowCloseVolume
12/11/2024 22.60  22.92  22.37  22.92  63,176,600 
12/10/2024 22.22  23.59  21.78  22.98  112,902,839 
12/09/2024 22.20  22.20  21.45  21.57  50,712,241 
12/06/2024 22.81  22.86  22.00  22.29  48,792,451 
12/05/2024 22.09  22.91  21.96  22.60  66,249,198 
12/04/2024 22.20  22.44  21.89  22.12  48,707,700 
12/03/2024 22.80  23.15  22.12  22.46  70,576,630 
12/02/2024 23.10  23.27  22.58  23.00  91,029,493 
11/29/2024 22.02  23.94  22.02  23.17  137,113,136 
11/28/2024 22.00  23.16  21.75  22.02  150,132,166 
11/27/2024 20.01  22.19  19.95  22.19  150,376,003 
11/26/2024 20.65  20.95  20.15  20.17  55,184,183 
11/25/2024 20.80  20.94  20.03  20.59  79,168,683 
11/22/2024 22.30  22.57  21.13  21.17  108,533,757 
11/21/2024 22.88  23.25  22.17  22.70  126,847,028 
11/20/2024 21.85  23.14  21.70  22.57  149,620,934 
11/19/2024 21.90  22.64  21.06  22.21  134,836,688 
11/18/2024 23.01  23.22  21.20  21.55  154,920,760 
11/15/2024 24.00  25.30  22.91  23.35  235,599,542 
11/14/2024 26.84  26.84  25.46  25.46  170,246,515 
11/13/2024 25.38  28.29  25.38  28.29  294,496,560 
11/12/2024 25.25  27.15  24.99  25.72  304,302,342 
11/11/2024 24.68  24.68  24.68  24.68  14,761,111 
11/08/2024 20.40  22.44  19.50  22.44  89,228,763 
11/07/2024 19.05  20.86  19.05  20.40  209,868,655 
11/06/2024 17.58  19.20  17.36  18.96  131,028,426 
11/05/2024 16.92  17.60  16.91  17.45  45,677,798 
11/04/2024 16.54  17.10  16.53  16.90  22,854,166 
11/01/2024 16.88  16.93  16.41  16.56  26,672,474 
10/31/2024 17.10  17.11  16.59  17.00  33,971,748 
10/30/2024 17.28  17.38  17.00  17.18  26,036,913 
10/29/2024 17.33  17.58  17.21  17.33  32,151,300 
10/28/2024 17.27  17.47  17.15  17.33  26,345,843 
10/25/2024 17.48  17.48  17.15  17.28  28,662,432 
10/24/2024 17.50  17.74  17.26  17.36  25,540,520 
10/23/2024 17.49  18.03  17.36  17.59  48,935,779 
10/22/2024 18.28  18.28  17.33  17.51  56,375,332 
10/21/2024 17.20  18.29  17.20  18.03  79,189,745 
10/18/2024 16.80  17.49  16.51  17.06  49,865,966 
10/17/2024 16.50  16.93  16.50  16.68  25,504,382 
10/16/2024 16.63  16.73  16.28  16.48  25,408,090 
10/15/2024 16.80  17.30  16.61  16.82  36,729,123 
10/14/2024 16.35  16.97  16.31  16.91  37,086,421 
10/11/2024 17.00  17.00  16.08  16.25  32,515,486 
10/10/2024 16.40  17.68  16.40  16.92  52,071,308 
10/09/2024 17.74  17.74  16.47  16.47  58,709,957 
10/08/2024 19.00  19.00  17.13  18.30  83,454,934 
09/30/2024 16.99  17.49  16.21  17.28  64,949,400 
09/27/2024 15.47  16.13  15.47  16.10  27,478,547 
09/26/2024 14.83  15.36  14.75  15.36  25,763,980 
09/25/2024 15.00  15.30  14.83  14.85  30,967,698 
09/24/2024 14.50  14.82  14.30  14.81  22,800,900 
09/23/2024 14.21  14.55  14.21  14.50  12,225,500 
09/20/2024 14.41  14.50  14.17  14.32  10,388,100 
09/19/2024 14.24  14.48  14.04  14.45  10,874,000 
09/18/2024 14.27  14.31  13.92  14.14  9,030,700 
09/13/2024 14.28  14.37  14.20  14.20  6,544,200 
09/12/2024 14.39  14.52  14.26  14.27  7,455,088 
09/11/2024 14.43  14.55  14.28  14.38  8,732,793 
09/10/2024 14.28  14.49  14.12  14.46  10,329,190 
09/09/2024 14.21  14.41  14.19  14.25  7,786,000 

About China Satellite Stock history

China Satellite 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 Satellite Comm 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 Satellite stock prices may prove useful in developing a viable investing in China Satellite
Last ReportedProjected for Next Year
Common Stock Shares Outstanding4.9 B4.3 B
Net Income Applicable To Common Shares658.2 M504.7 M

China Satellite Quarterly Net Working Capital

7.2 Billion

China Satellite Stock Technical Analysis

China Satellite 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 China Satellite technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Satellite 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...

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China Satellite Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for China Satellite'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.

Complementary Tools for China Stock analysis

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