159681 (China) Price on November 25, 2024
| 159681 Etf | 0.95 0.01 1.04% |
If you're considering investing in 159681 Etf, it is important to understand the factors that can impact its price. As of today, the current price of 159681 stands at 0.95, as last reported on the 27th of November, with the highest price reaching 0.96 and the lowest price hitting 0.94 during the day. 159681 appears to be out of control, given 3 months investment horizon. 159681 retains Efficiency (Sharpe Ratio) of 0.14, which signifies that the etf had a 0.14% return per unit of price deviation over the last 3 months. By evaluating 159681's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please makes use of 159681's Market Risk Adjusted Performance of (0.82), coefficient of variation of 767.34, and Standard Deviation of 4.96 to double-check if our risk estimates are consistent with your expectations.
159681 Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
159681 |
Sharpe Ratio = 0.1442
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Estimated Market Risk
| 5.27 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average 159681 is performing at about 11% 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 159681 by adding it to a well-diversified portfolio.
159681 Valuation on November 25, 2024
It is possible to determine the worth of 159681 on a given historical date. On November 25, 2024 159681 was worth 0.97 at the beginning of the trading date compared to the closed value of 0.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 159681 etf. Still, in general, we apply an absolute valuation method to find 159681'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 159681 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 159681's related companies.
| Open | High | Low | Close | Volume | |
| 1.00 | 1.00 | 0.96 | 0.96 | 42,497,600 | |
11/25/2024 | 0.97 | 0.97 | 0.94 | 0.96 | 36,102,600 |
| 0.96 | 0.96 | 0.94 | 0.95 | 28,180,500 |
| Backtest 159681 | | | 159681 History | Previous | Next |
159681 Trading Date Momentum on November 25, 2024
| On November 26 2024 159681 was traded for 0.95 at the closing time. The highest price during the trading period was 0.96 and the lowest recorded bid was listed for 0.94 . The volume for the day was 28.2 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.04% . The daily price change to the current price is 0.00% . |
Price Boundaries
159681 Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
159681 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.
159681 November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how 159681 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 159681 shares will generate the highest return on investment. By undertsting and applying 159681 etf market strength indicators, traders can identify 159681 entry and exit signals to maximize returns
159681 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 159681's price direction in advance. Along with the technical and fundamental analysis of 159681 Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 159681 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.