Hwabao WP (China) Price on September 12, 2024
| 515000 Etf | 1.32 0.03 2.33% |
Below is the normalized historical share price chart for Hwabao WP CSI extending back to July 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 Hwabao WP stands at 1.32, as last reported on the 30th of November, with the highest price reaching 1.33 and the lowest price hitting 1.28 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 very risky, given 3 months investment horizon. Hwabao WP CSI holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% 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 0.58% is justified by implied risk. Please utilize Hwabao WP's risk adjusted performance of 0.1342, and Market Risk Adjusted Performance of 2.48 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 = 0.1962
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 515000 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Hwabao WP is performing at about 15% 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.
Hwabao WP Valuation on September 12, 2024
It is possible to determine the worth of Hwabao WP on a given historical date. On September 12, 2024 Hwabao was worth 0.96 at the beginning of the trading date compared to the closed value of 0.95. 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 | |
| 0.96 | 0.96 | 0.95 | 0.96 | 35,783,800 | |
09/12/2024 | 0.96 | 0.97 | 0.95 | 0.95 | 37,487,500 |
| 0.95 | 0.96 | 0.95 | 0.95 | 24,243,000 |
| Backtest Hwabao WP | | | Hwabao WP History | Previous | Next |
Hwabao WP Trading Date Momentum on September 12, 2024
| On September 13 2024 Hwabao WP CSI 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 0.95 . The volume for the day was 24.2 M. This history from September 13, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Price Boundaries
Hwabao WP Period Price Range
Low | November 30, 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 November 30, 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.