China Southern (China) Price on November 8, 2024
| 600029 Stock | 6.76 0.03 0.44% |
Below is the normalized historical share price chart for China Southern Airlines extending back to July 28, 2003. 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 China Southern stands at 6.76, as last reported on the 2nd of December, with the highest price reaching 6.81 and the lowest price hitting 6.63 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Southern appears to be somewhat reliable, given 3 months investment horizon. China Southern Airlines secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for China Southern Airlines, which you can use to evaluate the volatility of the firm. Please makes use of China Southern's Risk Adjusted Performance of 0.1069, mean deviation of 1.53, and Downside Deviation of 2.07 to double-check if our risk estimates are consistent with your expectations.
At present, China Southern's Sale Purchase Of Stock is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 7.8 B, whereas Total Stockholder Equity is forecasted to decline to about 33.9 B. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of July 1997 | 200 Day MA 5.8395 | 50 Day MA 6.163 | Beta 0.801 |
China |
Sharpe Ratio = 0.1567
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600029 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average China Southern 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 China Southern by adding it to a well-diversified portfolio.
Price Book 3.1672 | Enterprise Value Ebitda 178.6402 | Price Sales 0.5996 | Shares Float 5.4 B | Wall Street Target Price 5.85 |
China Southern Valuation on November 8, 2024
It is possible to determine the worth of China Southern on a given historical date. On November 8, 2024 China was worth 6.4 at the beginning of the trading date compared to the closed value of 6.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Southern stock. Still, in general, we apply an absolute valuation method to find China Southern'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 China Southern where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Southern's related companies.
| Open | High | Low | Close | Volume | |
| 6.20 | 6.37 | 6.16 | 6.37 | 105,869,664 | |
11/08/2024 | 6.40 | 6.43 | 6.23 | 6.30 | 90,860,566 |
| 6.28 | 6.29 | 6.08 | 6.15 | 102,073,598 |
| Backtest China Southern | | | China Southern History | | | China Southern Valuation | Previous | Next |
China Southern Trading Date Momentum on November 8, 2024
| On November 11 2024 China Southern Airlines was traded for 6.15 at the closing time. The highest price during the trading period was 6.29 and the lowest recorded bid was listed for 6.08 . The volume for the day was 102.1 M. This history from November 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.38% . The overall trading delta to the current price is 0.95% . |
China Southern Airlines Fundamentals Correlations and Trends
By evaluating China Southern'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 China Southern's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Southern Stock history
China Southern 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Southern Airlines 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 China Southern stock prices may prove useful in developing a viable investing in China Southern
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 18.1 B | 16.2 B | |
| Net Loss | -29.4 B | -27.9 B |
China Southern Stock Technical Analysis
China Southern 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
China Southern Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
China Southern Airlines 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.
China Southern December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how China Southern stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Southern shares will generate the highest return on investment. By undertsting and applying China Southern stock market strength indicators, traders can identify China Southern Airlines entry and exit signals to maximize returns
China Southern Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Southern's price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | 0.1069 | |||
| Jensen Alpha | 0.2404 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0695 | |||
| Treynor Ratio | 1.12 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Southern's price analysis, check to measure China Southern'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 China Southern is operating at the current time. Most of China Southern's value examination focuses on studying past and present price action to predict the probability of China Southern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Southern's price. Additionally, you may evaluate how the addition of China Southern to your portfolios can decrease your overall portfolio volatility.
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