159005 (China) Price on September 9, 2024
| 159005 Etf | 100.00 0.00 0.00% |
Below is the normalized historical share price chart for 159005 extending back to February 10, 2015. 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 159005 stands at 100.00, as last reported on the 23rd of November, with the highest price reaching 100.00 and the lowest price hitting 100.00 during the day.
If you're considering investing in 159005 Etf, it is important to understand the factors that can impact its price. At this point, 159005 is very steady. 159005 retains Efficiency (Sharpe Ratio) of 0.22, which signifies that the etf had a 0.22% return per unit of price deviation over the last 3 months. We have found eighteen technical indicators for 159005, which you can use to evaluate the volatility of the entity. Please confirm 159005's Variance of 8.0E-4, information ratio of (3.67), and Market Risk Adjusted Performance of 0.4731 to double-check if the risk estimate we provide is consistent with the expected return of 0.0067%.
159005 Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
159005 |
Sharpe Ratio = 0.2246
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Based on monthly moving average 159005 is performing at about 17% 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 159005 by adding it to a well-diversified portfolio.
159005 Valuation on September 9, 2024
It is possible to determine the worth of 159005 on a given historical date. On September 9, 2024 159005 was worth 99.74 at the beginning of the trading date compared to the closed value of 99.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 159005 etf. Still, in general, we apply an absolute valuation method to find 159005'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 159005 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 159005's related companies.
| Open | High | Low | Close | Volume | |
| 99.74 | 99.74 | 99.74 | 99.74 | 68,752 | |
09/09/2024 | 99.74 | 99.74 | 99.74 | 99.74 | 109,845 |
| 99.74 | 99.74 | 99.74 | 99.74 | 84,920 |
| Backtest 159005 | | | 159005 History | Previous | Next |
159005 Trading Date Momentum on September 9, 2024
| On September 10 2024 159005 was traded for 99.74 at the closing time. The highest price during the trading period was 99.74 and the lowest recorded bid was listed for 99.74 . The volume for the day was 84.9 K. This history from September 10, 2024 had no effect on price fluctuation. The daily price change to the current price is 0.00% . |
Price Boundaries
159005 Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
159005 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.
159005 November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how 159005 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 159005 shares will generate the highest return on investment. By undertsting and applying 159005 etf market strength indicators, traders can identify 159005 entry and exit signals to maximize returns
159005 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 159005's price direction in advance. Along with the technical and fundamental analysis of 159005 Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 159005 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.