China Reform (China) Price on September 13, 2024
| 000503 Stock | 14.17 0.93 7.02% |
Below is the normalized historical share price chart for China Reform Health extending back to November 30, 1992. 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 Reform stands at 14.17, as last reported on the 30th of November, with the highest price reaching 14.50 and the lowest price hitting 13.30 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Reform is slightly risky given 3 months investment horizon. China Reform Health secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.43% are justified by taking the suggested risk. Use China Reform Risk Adjusted Performance of 0.2055, downside deviation of 4.49, and Mean Deviation of 3.89 to evaluate company specific risk that cannot be diversified away.
At present, China Reform's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 1 B, whereas Total Stockholder Equity is forecasted to decline to about 1 B. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of October 1991 | 200 Day MA 9.1594 | 50 Day MA 12.1344 | Beta 0.662 |
China |
Sharpe Ratio = 0.2718
| Best Portfolio | Best Equity | |||
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| Average Returns | 000503 | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.27 actual daily | 46 54% of assets are more volatile |
Expected Return
| 1.43 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average China Reform is performing at about 21% 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 Reform by adding it to a well-diversified portfolio.
Price Book 10.0064 | Book Value 1.416 | Enterprise Value 12.9 B | Enterprise Value Ebitda 2.8 K | Price Sales 37.6437 |
China Reform Valuation on September 13, 2024
It is possible to determine the worth of China Reform on a given historical date. On September 13, 2024 China was worth 7.04 at the beginning of the trading date compared to the closed value of 6.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Reform stock. Still, in general, we apply an absolute valuation method to find China Reform'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 Reform where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Reform's related companies.
| Open | High | Low | Close | Volume | |
| 6.93 | 7.08 | 6.92 | 7.04 | 14,035,839 | |
09/13/2024 | 7.04 | 7.14 | 6.92 | 6.97 | 14,261,957 |
| 6.97 | 6.97 | 6.71 | 6.84 | 11,631,535 |
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China Reform Trading Date Momentum on September 13, 2024
| On September 18 2024 China Reform Health was traded for 6.84 at the closing time. The highest price during the trading period was 6.97 and the lowest recorded bid was listed for 6.71 . The volume for the day was 11.6 M. This history from September 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.87% . The overall trading delta to the current price is 9.33% . |
China Reform Health Fundamentals Correlations and Trends
By evaluating China Reform'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 China Reform's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Reform Stock history
China Reform 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 Reform Health 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 Reform stock prices may prove useful in developing a viable investing in China Reform
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 984.2 M | 1 B | |
| Net Loss | -76 M | -72.2 M |
China Reform Quarterly Net Working Capital |
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China Reform Stock Technical Analysis
China Reform 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
China Reform Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
China Reform Health 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.
China Reform November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how China Reform 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 Reform shares will generate the highest return on investment. By undertsting and applying China Reform stock market strength indicators, traders can identify China Reform Health entry and exit signals to maximize returns
China Reform Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Reform'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 | 0.2055 | |||
| Jensen Alpha | 1.26 | |||
| Total Risk Alpha | 0.4447 | |||
| Sortino Ratio | 0.2566 | |||
| Treynor Ratio | 8.38 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Reform's price analysis, check to measure China Reform'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 Reform is operating at the current time. Most of China Reform's value examination focuses on studying past and present price action to predict the probability of China Reform'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 Reform's price. Additionally, you may evaluate how the addition of China Reform to your portfolios can decrease your overall portfolio volatility.
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