159695 (China) Price on June 20, 2024
| 159695 Etf | 1.18 0.02 1.72% |
If you're considering investing in 159695 Etf, it is important to understand the factors that can impact its price. As of today, the current price of 159695 stands at 1.18, as last reported on the 1st of December, with the highest price reaching 1.20 and the lowest price hitting 1.16 during the day. 159695 appears to be dangerous, given 3 months investment horizon. 159695 retains Efficiency (Sharpe Ratio) of 0.16, which signifies that the etf had a 0.16% return per unit of price deviation over the last 3 months. By evaluating 159695's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of 159695's Standard Deviation of 2.95, market risk adjusted performance of 3.27, and Coefficient Of Variation of 761.59 to double-check if our risk estimates are consistent with your expectations.
159695 Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
159695 |
Sharpe Ratio = 0.1642
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Estimated Market Risk
| 3.09 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average 159695 is performing at about 12% 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 159695 by adding it to a well-diversified portfolio.
159695 Valuation on June 20, 2024
It is possible to determine the worth of 159695 on a given historical date. On June 20, 2024 159695 was worth 1.03 at the beginning of the trading date compared to the closed value of 1.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 159695 etf. Still, in general, we apply an absolute valuation method to find 159695'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 159695 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 159695's related companies.
| Open | High | Low | Close | Volume | |
| 1.06 | 1.06 | 1.02 | 1.03 | 12,878,900 | |
06/20/2024 | 1.03 | 1.03 | 1.01 | 1.01 | 8,756,800 |
| 1.00 | 1.02 | 1.00 | 1.01 | 6,587,900 |
| Backtest 159695 | | | 159695 History | Previous | Next |
159695 Trading Date Momentum on June 20, 2024
| On June 21 2024 159695 was traded for 1.01 at the closing time. The highest price during the trading period was 1.02 and the lowest recorded bid was listed for 1.00 . The volume for the day was 6.6 M. This history from June 21, 2024 had no effect on price fluctuation. The daily price change to the current price is 0.99% . |
Price Boundaries
159695 Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
159695 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.
159695 December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how 159695 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 159695 shares will generate the highest return on investment. By undertsting and applying 159695 etf market strength indicators, traders can identify 159695 entry and exit signals to maximize returns
159695 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 159695's price direction in advance. Along with the technical and fundamental analysis of 159695 Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 159695 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.