Citic Offshore (China) Price on November 14, 2024
| 000099 Stock | 22.89 0.43 1.91% |
Below is the normalized historical share price chart for Citic Offshore Helicopter extending back to July 31, 2000. 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 Citic Offshore stands at 22.89, as last reported on the 10th of January, with the highest price reaching 23.21 and the lowest price hitting 22.18 during the day.
If you're considering investing in Citic Stock, it is important to understand the factors that can impact its price. Citic Offshore appears to be not too volatile, given 3 months investment horizon. Citic Offshore Helicopter secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. By analyzing Citic Offshore's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Citic Offshore's Risk Adjusted Performance of 0.0517, mean deviation of 3.94, and Downside Deviation of 4.71 to double-check if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 6.2 B, whereas Common Stock is forecasted to decline to about 554.6 M. . Citic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of July 2000 | 200 Day MA 19.7368 | 50 Day MA 27.1862 | Beta 0.367 |
Citic |
Sharpe Ratio = 0.1083
| Best Portfolio | Best Equity | |||
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| Small Returns | 000099 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.8 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Citic Offshore is performing at about 8% 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 Citic Offshore by adding it to a well-diversified portfolio.
Price Book 3.3294 | Enterprise Value Ebitda 47.6448 | Price Sales 8.668 | Shares Float 471.1 M | Dividend Share 0.082 |
Citic Offshore Valuation on November 14, 2024
It is possible to determine the worth of Citic Offshore on a given historical date. On November 14, 2024 Citic was worth 29.68 at the beginning of the trading date compared to the closed value of 27.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Citic Offshore stock. Still, in general, we apply an absolute valuation method to find Citic Offshore'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 Offshore where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Citic Offshore's related companies.
| Open | High | Low | Close | Volume | |
| 29.58 | 30.66 | 28.95 | 29.96 | 78,503,810 | |
11/14/2024 | 29.68 | 29.84 | 27.82 | 27.91 | 82,394,386 |
| 27.91 | 28.20 | 26.40 | 26.47 | 76,097,476 |
| Backtest Citic Offshore | | | Citic Offshore History | | | Citic Offshore Valuation | Previous | Next |
Citic Offshore Trading Date Momentum on November 14, 2024
| On November 15 2024 Citic Offshore Helicopter was traded for 26.47 at the closing time. The highest price during the trading period was 28.20 and the lowest recorded bid was listed for 26.40 . The volume for the day was 76.1 M. This history from November 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.16% . The overall trading delta to the current price is 2.36% . |
Citic Offshore Helicopter Fundamentals Correlations and Trends
By evaluating Citic Offshore'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 Offshore'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 Offshore Stock history
Citic Offshore 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 Offshore Helicopter 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 Offshore stock prices may prove useful in developing a viable investing in Citic Offshore
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 892.1 M | 746.7 M | |
| Net Income Applicable To Common Shares | 283.5 M | 297.6 M |
Citic Offshore Quarterly Net Working Capital |
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Citic Offshore Stock Technical Analysis
Citic Offshore 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
Citic Offshore Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Citic Offshore Helicopter cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock 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 Offshore January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Citic Offshore 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 Offshore shares will generate the highest return on investment. By undertsting and applying Citic Offshore stock market strength indicators, traders can identify Citic Offshore Helicopter entry and exit signals to maximize returns
Citic Offshore Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Citic Offshore'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.
| Risk Adjusted Performance | 0.0517 | |||
| Jensen Alpha | 0.2653 | |||
| Total Risk Alpha | 0.1511 | |||
| Sortino Ratio | 0.0516 | |||
| Treynor Ratio | (0.97) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Citic Stock analysis
When running Citic Offshore's price analysis, check to measure Citic Offshore'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 Offshore is operating at the current time. Most of Citic Offshore's value examination focuses on studying past and present price action to predict the probability of Citic Offshore'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 Offshore's price. Additionally, you may evaluate how the addition of Citic Offshore to your portfolios can decrease your overall portfolio volatility.
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