China Minmetals (China) Price on November 27, 2024
| 000831 Stock | 30.90 0.50 1.64% |
Below is the normalized historical share price chart for China Minmetals Rare extending back to September 11, 1998. 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 Minmetals stands at 30.90, as last reported on the 1st of December, with the highest price reaching 31.16 and the lowest price hitting 30.05 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Minmetals appears to be not too volatile, given 3 months investment horizon. China Minmetals Rare secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. By analyzing China Minmetals' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please makes use of China Minmetals' Risk Adjusted Performance of 0.135, mean deviation of 2.53, and Downside Deviation of 3.53 to double-check if our risk estimates are consistent with your expectations.
At present, China Minmetals' Total 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 1.1 B, whereas Common Stock is forecasted to decline to about 773.5 M. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of June 1998 | 200 Day MA 26.7391 | 50 Day MA 28.9666 | Beta 0.462 |
China |
Sharpe Ratio = 0.1795
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 000831 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.63 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average China Minmetals is performing at about 14% 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 Minmetals by adding it to a well-diversified portfolio.
Price Book 7.1692 | Enterprise Value Ebitda 199.3057 | Price Sales 13.7268 | Shares Float 652.9 M | Dividend Share 0.08 |
China Minmetals Valuation on November 27, 2024
It is possible to determine the worth of China Minmetals on a given historical date. On November 27, 2024 China was worth 30.2 at the beginning of the trading date compared to the closed value of 30.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Minmetals stock. Still, in general, we apply an absolute valuation method to find China Minmetals' 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 Minmetals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Minmetals' related companies.
| Open | High | Low | Close | Volume | |
| 31.05 | 32.29 | 30.50 | 30.52 | 28,265,217 | |
11/27/2024 | 30.20 | 31.04 | 29.47 | 30.98 | 32,910,489 |
| 30.87 | 31.15 | 30.40 | 30.40 | 20,680,700 |
| Backtest China Minmetals | | | China Minmetals History | | | China Minmetals Valuation | Previous | Next |
China Minmetals Trading Date Momentum on November 27, 2024
| On November 28 2024 China Minmetals Rare was traded for 30.40 at the closing time. The highest price during the trading period was 31.15 and the lowest recorded bid was listed for 30.40 . The volume for the day was 20.7 M. This history from November 28, 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 2.07% . |
China Minmetals Rare Fundamentals Correlations and Trends
By evaluating China Minmetals' 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 Minmetals' 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 Minmetals Stock history
China Minmetals 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 Minmetals Rare 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 Minmetals stock prices may prove useful in developing a viable investing in China Minmetals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 1.1 B | |
| Net Income Applicable To Common Shares | 478 M | 501.9 M |
China Minmetals Quarterly Net Working Capital |
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China Minmetals Stock Technical Analysis
China Minmetals 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 Minmetals Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
China Minmetals Rare 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 Minmetals December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how China Minmetals 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 Minmetals shares will generate the highest return on investment. By undertsting and applying China Minmetals stock market strength indicators, traders can identify China Minmetals Rare entry and exit signals to maximize returns
China Minmetals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Minmetals' 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 | 0.135 | |||
| Jensen Alpha | 0.6913 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1259 | |||
| Treynor Ratio | (0.61) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Minmetals' price analysis, check to measure China Minmetals' 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 Minmetals is operating at the current time. Most of China Minmetals' value examination focuses on studying past and present price action to predict the probability of China Minmetals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Minmetals' price. Additionally, you may evaluate how the addition of China Minmetals to your portfolios can decrease your overall portfolio volatility.
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