Chongqing Brewery (China) Price on July 11, 2024
| 600132 Stock | 61.87 1.01 1.66% |
Below is the normalized historical share price chart for Chongqing Brewery Co extending back to October 30, 1997. 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 Chongqing Brewery stands at 61.87, as last reported on the 1st of December, with the highest price reaching 62.58 and the lowest price hitting 60.59 during the day.
If you're considering investing in Chongqing Stock, it is important to understand the factors that can impact its price. Chongqing Brewery appears to be very steady, given 3 months investment horizon. Chongqing Brewery secures Sharpe Ratio (or Efficiency) of 0.0943, which signifies that the company had a 0.0943% return per unit of risk over the last 3 months. We have found thirty technical indicators for Chongqing Brewery Co, which you can use to evaluate the volatility of the firm. Please makes use of Chongqing Brewery's Mean Deviation of 1.94, risk adjusted performance of 0.064, and Downside Deviation of 2.52 to double-check if our risk estimates are consistent with your expectations.
As of December 1, 2024, Total Stockholder Equity is expected to decline to about 1.3 B. In addition to that, Common Stock is expected to decline to about 440 M. Chongqing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of October 1997 | 200 Day MA 63.3892 | 50 Day MA 62.5638 | Beta 0.801 |
Chongqing |
Sharpe Ratio = 0.0943
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600132 | |||
| 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
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Chongqing Brewery 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 Chongqing Brewery by adding it to a well-diversified portfolio.
Price Book 14.0182 | Enterprise Value Ebitda 7.9152 | Price Sales 2.0165 | Shares Float 193.6 M | Wall Street Target Price 65.34 |
Chongqing Brewery Valuation on July 11, 2024
It is possible to determine the worth of Chongqing Brewery on a given historical date. On July 11, 2024 Chongqing was worth 60.4 at the beginning of the trading date compared to the closed value of 62.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chongqing Brewery stock. Still, in general, we apply an absolute valuation method to find Chongqing Brewery'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 Chongqing Brewery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chongqing Brewery's related companies.
| Open | High | Low | Close | Volume | |
| 59.88 | 60.56 | 59.45 | 59.67 | 2,757,034 | |
07/11/2024 | 60.40 | 62.56 | 60.05 | 62.44 | 5,378,667 |
| 62.45 | 63.45 | 62.26 | 62.83 | 3,507,929 |
| Backtest Chongqing Brewery | | | Chongqing Brewery History | | | Chongqing Brewery Valuation | Previous | Next |
Chongqing Brewery Trading Date Momentum on July 11, 2024
| On July 12 2024 Chongqing Brewery Co was traded for 62.83 at the closing time. The highest price during the trading period was 63.45 and the lowest recorded bid was listed for 62.26 . The volume for the day was 3.5 M. This history from July 12, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.62% . The overall trading delta to the current price is 0.96% . |
Chongqing Brewery Fundamentals Correlations and Trends
By evaluating Chongqing Brewery'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 Chongqing Brewery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chongqing financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chongqing Brewery Stock history
Chongqing Brewery 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 Chongqing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chongqing Brewery 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 Chongqing Brewery stock prices may prove useful in developing a viable investing in Chongqing Brewery
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 435.6 M | 387.2 M | |
| Net Income Applicable To Common Shares | 1.5 B | 1.5 B |
Chongqing Brewery Stock Technical Analysis
Chongqing Brewery 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
Chongqing Brewery Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Chongqing Brewery Co 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.
Chongqing Brewery December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Chongqing Brewery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chongqing Brewery shares will generate the highest return on investment. By undertsting and applying Chongqing Brewery stock market strength indicators, traders can identify Chongqing Brewery Co entry and exit signals to maximize returns
Chongqing Brewery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chongqing Brewery's price direction in advance. Along with the technical and fundamental analysis of Chongqing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chongqing 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 | 0.064 | |||
| Jensen Alpha | 0.1386 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0302 | |||
| Treynor Ratio | 0.3998 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Chongqing Stock analysis
When running Chongqing Brewery's price analysis, check to measure Chongqing Brewery'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 Chongqing Brewery is operating at the current time. Most of Chongqing Brewery's value examination focuses on studying past and present price action to predict the probability of Chongqing Brewery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chongqing Brewery's price. Additionally, you may evaluate how the addition of Chongqing Brewery to your portfolios can decrease your overall portfolio volatility.
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