Guocheng Mining (China) Price on November 11, 2024
| 000688 Stock | 11.88 0.12 1.00% |
If you're considering investing in Guocheng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Guocheng Mining stands at 11.88, as last reported on the 1st of February, with the highest price reaching 12.07 and the lowest price hitting 11.80 during the day. At this point, Guocheng Mining is somewhat reliable. Guocheng Mining holds Efficiency (Sharpe) Ratio of 0.0169, which attests that the entity had a 0.0169 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Guocheng Mining, which you can use to evaluate the volatility of the firm. Please check out Guocheng Mining's Risk Adjusted Performance of 0.022, market risk adjusted performance of 0.7837, and Downside Deviation of 3.53 to validate if the risk estimate we provide is consistent with the expected return of 0.0635%.
Guocheng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Guocheng |
Sharpe Ratio = 0.0169
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | 000688 | Huge Risk |
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Estimated Market Risk
| 3.75 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Guocheng Mining is performing at about 1% 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 Guocheng Mining by adding it to a well-diversified portfolio.
Guocheng Mining Valuation on November 11, 2024
It is possible to determine the worth of Guocheng Mining on a given historical date. On November 11, 2024 Guocheng was worth 11.84 at the beginning of the trading date compared to the closed value of 12.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guocheng Mining stock. Still, in general, we apply an absolute valuation method to find Guocheng Mining'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 Guocheng Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guocheng Mining's related companies.
| Open | High | Low | Close | Volume | |
| 12.34 | 12.42 | 11.86 | 11.89 | 9,923,562 | |
11/11/2024 | 11.84 | 12.42 | 11.84 | 12.23 | 11,490,001 |
| 12.39 | 13.29 | 12.28 | 12.62 | 21,209,420 |
| Backtest Guocheng Mining | | | Guocheng Mining History | | | Guocheng Mining Valuation | Previous | Next |
Guocheng Mining Trading Date Momentum on November 11, 2024
| On November 12 2024 Guocheng Mining Co was traded for 12.62 at the closing time. The highest price during the trading period was 13.29 and the lowest recorded bid was listed for 12.28 . The volume for the day was 21.2 M. This history from November 12, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.19% . The overall trading delta to the current price is 24.04% . |
Guocheng Mining Fundamentals Correlations and Trends
By evaluating Guocheng Mining'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 Guocheng Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guocheng financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guocheng Mining Stock history
Guocheng Mining 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 Guocheng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guocheng Mining 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 Guocheng Mining stock prices may prove useful in developing a viable investing in Guocheng Mining
Guocheng Mining Stock Technical Analysis
Guocheng Mining 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
Guocheng Mining Period Price Range
Low | February 1, 2025
| High |
0.00 | 0.00 |
Guocheng Mining Co 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.
Guocheng Mining February 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Guocheng Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guocheng Mining shares will generate the highest return on investment. By undertsting and applying Guocheng Mining stock market strength indicators, traders can identify Guocheng Mining Co entry and exit signals to maximize returns
Guocheng Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guocheng Mining's price direction in advance. Along with the technical and fundamental analysis of Guocheng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guocheng 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 | 0.022 | |||
| Jensen Alpha | 0.0488 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.7737 |
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| Volume Indicators |
Complementary Tools for Guocheng Stock analysis
When running Guocheng Mining's price analysis, check to measure Guocheng Mining'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 Guocheng Mining is operating at the current time. Most of Guocheng Mining's value examination focuses on studying past and present price action to predict the probability of Guocheng Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guocheng Mining's price. Additionally, you may evaluate how the addition of Guocheng Mining to your portfolios can decrease your overall portfolio volatility.
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