CSPC Innovation (China) Price on November 12, 2024
| 300765 Stock | 28.51 0.27 0.94% |
Below is the normalized historical share price chart for CSPC Innovation Pharmaceutical extending back to March 22, 2019. 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 CSPC Innovation stands at 28.51, as last reported on the 30th of November, with the highest price reaching 28.98 and the lowest price hitting 28.19 during the day.
If you're considering investing in CSPC Stock, it is important to understand the factors that can impact its price. CSPC Innovation appears to be not too volatile, given 3 months investment horizon. CSPC Innovation Phar secures Sharpe Ratio (or Efficiency) of 0.0958, which signifies that the company had a 0.0958% return per unit of risk over the last 3 months. We have found thirty technical indicators for CSPC Innovation Pharmaceutical, which you can use to evaluate the volatility of the firm. Please makes use of CSPC Innovation's mean deviation of 3.16, and Risk Adjusted Performance of 0.0554 to double-check if our risk estimates are consistent with your expectations.
At present, CSPC Innovation's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 1.2 B, whereas Total Stockholder Equity is forecasted to decline to about 2.7 B. . CSPC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 27.9311 | 50 Day MA 27.7492 | Beta (0.14) |
CSPC |
Sharpe Ratio = 0.0958
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300765 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.53 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average CSPC Innovation is performing at about 7% 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 CSPC Innovation by adding it to a well-diversified portfolio.
Price Book 10.5012 | Enterprise Value Ebitda 63.6877 | Price Sales 19.7826 | Shares Float 336.2 M | Dividend Share 0.267 |
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CSPC Innovation Valuation on November 12, 2024
It is possible to determine the worth of CSPC Innovation on a given historical date. On November 12, 2024 CSPC was worth 27.3 at the beginning of the trading date compared to the closed value of 27.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CSPC Innovation stock. Still, in general, we apply an absolute valuation method to find CSPC Innovation'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 CSPC Innovation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CSPC Innovation's related companies.
| Open | High | Low | Close | Volume | |
| 26.82 | 27.55 | 26.64 | 27.30 | 13,319,890 | |
11/12/2024 | 27.30 | 28.05 | 26.95 | 27.58 | 17,412,644 |
| 27.81 | 28.30 | 26.66 | 27.11 | 14,374,603 |
| Backtest CSPC Innovation | | | CSPC Innovation History | | | CSPC Innovation Valuation | Previous | Next |
CSPC Innovation Trading Date Momentum on November 12, 2024
| On November 13 2024 CSPC Innovation Pharmaceutical was traded for 27.11 at the closing time. The highest price during the trading period was 28.30 and the lowest recorded bid was listed for 26.66 . The volume for the day was 14.4 M. This history from November 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.70% . The overall trading delta to the current price is 0.58% . |
CSPC Innovation Phar Fundamentals Correlations and Trends
By evaluating CSPC Innovation'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 CSPC Innovation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CSPC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CSPC Innovation Stock history
CSPC Innovation 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 CSPC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CSPC Innovation Phar 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 CSPC Innovation stock prices may prove useful in developing a viable investing in CSPC Innovation
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.2 B | 667.3 M | |
| Net Income Applicable To Common Shares | 835.2 M | 877 M |
CSPC Innovation Quarterly Net Working Capital |
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CSPC Innovation Stock Technical Analysis
CSPC Innovation 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
CSPC Innovation Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
CSPC Innovation Pharmaceutical 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.
CSPC Innovation November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how CSPC Innovation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CSPC Innovation shares will generate the highest return on investment. By undertsting and applying CSPC Innovation stock market strength indicators, traders can identify CSPC Innovation Pharmaceutical entry and exit signals to maximize returns
CSPC Innovation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CSPC Innovation's price direction in advance. Along with the technical and fundamental analysis of CSPC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CSPC 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 | 0.0554 | |||
| Jensen Alpha | 0.1982 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | 0.0384 | |||
| Treynor Ratio | 0.5431 |
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Complementary Tools for CSPC Stock analysis
When running CSPC Innovation's price analysis, check to measure CSPC Innovation'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 CSPC Innovation is operating at the current time. Most of CSPC Innovation's value examination focuses on studying past and present price action to predict the probability of CSPC Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSPC Innovation's price. Additionally, you may evaluate how the addition of CSPC Innovation to your portfolios can decrease your overall portfolio volatility.
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