CCB Principal (China) Price on August 23, 2024

510090 Etf   2.41  0.06  2.43%   
Below is the normalized historical share price chart for CCB Principal SSE extending back to September 28, 2010. 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 CCB Principal stands at 2.41, as last reported on the 25th of November, with the highest price reaching 2.47 and the lowest price hitting 2.41 during the day.
 
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Yuan Drop
 
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If you're considering investing in CCB Etf, it is important to understand the factors that can impact its price. CCB Principal appears to be unstable, given 3 months investment horizon. CCB Principal SSE retains Efficiency (Sharpe Ratio) of 0.0876, which signifies that the etf had a 0.0876% return per unit of risk over the last 3 months. We have found thirty technical indicators for CCB Principal, which you can use to evaluate the volatility of the entity. Please makes use of CCB Principal's market risk adjusted performance of (0.28), and Coefficient Of Variation of 1179.86 to double-check if our risk estimates are consistent with your expectations.
  
CCB Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0876

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Estimated Market Risk

 2.51
  actual daily
22
78% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average CCB Principal is performing at about 6% 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 CCB Principal by adding it to a well-diversified portfolio.

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CCB Principal Valuation on August 23, 2024

It is possible to determine the worth of CCB Principal on a given historical date. On August 23, 2024 CCB was worth 2.18 at the beginning of the trading date compared to the closed value of 2.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CCB Principal etf. Still, in general, we apply an absolute valuation method to find CCB Principal'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 CCB Principal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CCB Principal's related companies.
 Open High Low Close Volume
  2.15    2.15    2.15    2.15    300.00  
08/23/2024
  2.18    2.18    2.18    2.18    10,000  
  2.16    2.16    2.16    2.16    100.00  
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Open Value
2.18
2.18
Closing Value
9.70
Upside

CCB Principal Trading Date Momentum on August 23, 2024

On August 26 2024 CCB Principal SSE was traded for  2.16  at the closing time. The highest price during the trading period was 2.16  and the lowest recorded bid was listed for  2.16 . The volume for the day was 100.0. This history from August 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.92% . The overall trading delta to the current price is 2.29% .

Price Boundaries

CCB Principal Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

CCB Principal SSE cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.

CCB Principal November 25, 2024 Market Strength

Market strength indicators help investors to evaluate how CCB Principal etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CCB Principal shares will generate the highest return on investment. By undertsting and applying CCB Principal etf market strength indicators, traders can identify CCB Principal SSE entry and exit signals to maximize returns

CCB Principal Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CCB Principal's price direction in advance. Along with the technical and fundamental analysis of CCB Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of CCB 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.