Hwabao WP (China) Price on December 3, 2024
| 512170 Etf | 0.36 0.01 2.86% |
Below is the normalized historical share price chart for Hwabao WP CSI extending back to May 20, 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 Hwabao WP stands at 0.36, as last reported on the 12th of December 2024, with the highest price reaching 0.36 and the lowest price hitting 0.35 during the day.
If you're considering investing in Hwabao Etf, it is important to understand the factors that can impact its price. Hwabao WP appears to be out of control, given 3 months investment horizon. Hwabao WP CSI holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of standard deviation over the last 3 months. By evaluating Hwabao WP's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Hwabao WP's market risk adjusted performance of 2.08, and Risk Adjusted Performance of 0.1149 to validate if our risk estimates are consistent with your expectations.
Hwabao Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Hwabao |
Sharpe Ratio = 0.1631
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 512170 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.55 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 Hwabao WP 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 Hwabao WP by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Hwabao WP Valuation on December 3, 2024
It is possible to determine the worth of Hwabao WP on a given historical date. On December 3, 2024 Hwabao was worth 0.35 at the beginning of the trading date compared to the closed value of 0.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hwabao WP etf. Still, in general, we apply an absolute valuation method to find Hwabao WP'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 Hwabao WP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hwabao WP's related companies.
| Open | High | Low | Close | Volume | |
| 0.34 | 0.35 | 0.34 | 0.35 | 1,720,973,400 | |
12/03/2024 | 0.35 | 0.35 | 0.34 | 0.35 | 1,318,996,900 |
| 0.35 | 0.35 | 0.34 | 0.34 | 1,351,125,310 |
| Backtest Hwabao WP | | | Hwabao WP History | Previous | Next |
Hwabao WP Trading Date Momentum on December 3, 2024
| On December 04 2024 Hwabao WP CSI was traded for 0.34 at the closing time. The highest price during the trading period was 0.35 and the lowest recorded bid was listed for 0.34 . The volume for the day was 1.4 B. This history from December 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.86% . The trading delta at closing time to the current price is 0.00% . |
About Hwabao WP Etf history
Hwabao WP 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 Hwabao is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hwabao WP CSI 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 Hwabao WP stock prices may prove useful in developing a viable investing in Hwabao WP
Hwabao WP Etf Technical Analysis
Hwabao WP technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Hwabao WP Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Hwabao WP CSI 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.
Hwabao WP December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Hwabao WP etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hwabao WP shares will generate the highest return on investment. By undertsting and applying Hwabao WP etf market strength indicators, traders can identify Hwabao WP CSI entry and exit signals to maximize returns
Hwabao WP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hwabao WP's price direction in advance. Along with the technical and fundamental analysis of Hwabao Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hwabao 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 | 0.1149 | |||
| Jensen Alpha | 0.4529 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0969 | |||
| Treynor Ratio | 2.07 |
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Other Information on Investing in Hwabao Etf
Hwabao WP financial ratios help investors to determine whether Hwabao Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hwabao with respect to the benefits of owning Hwabao WP security.