Tibet Summit (China) Price on October 16, 2023
| 600338 Stock | 11.70 0.27 2.26% |
Below is the normalized historical share price chart for Tibet Summit Resources extending back to December 29, 2000. 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 Tibet Summit stands at 11.70, as last reported on the 29th of November, with the highest price reaching 12.01 and the lowest price hitting 11.66 during the day.
If you're considering investing in Tibet Stock, it is important to understand the factors that can impact its price. Tibet Summit appears to be somewhat reliable, given 3 months investment horizon. Tibet Summit Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tibet Summit Resources, which you can use to evaluate the volatility of the company. Please review Tibet Summit's Coefficient Of Variation of 660.18, risk adjusted performance of 0.1235, and Semi Deviation of 2.46 to confirm if our risk estimates are consistent with your expectations.
At present, Tibet Summit's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 1.1 B, whereas Other Stockholder Equity is forecasted to decline to (1.1 B). . Tibet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of December 2000 | 200 Day MA 9.9574 | 50 Day MA 11.1934 | Beta 0.936 |
Tibet |
Sharpe Ratio = 0.1597
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600338 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.07 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Tibet Summit 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 Tibet Summit by adding it to a well-diversified portfolio.
Price Book 2.9005 | Book Value 4.034 | Enterprise Value 10.9 B | Enterprise Value Ebitda 62.9575 | Price Sales 7.9272 |
Tibet Summit Valuation on October 16, 2023
It is possible to determine the worth of Tibet Summit on a given historical date. On October 16, 2023 Tibet was worth 14.61 at the beginning of the trading date compared to the closed value of 14.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tibet Summit stock. Still, in general, we apply an absolute valuation method to find Tibet Summit'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 Tibet Summit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tibet Summit's related companies.
| Open | High | Low | Close | Volume | |
| 14.55 | 14.67 | 14.39 | 14.62 | 15,507,823 | |
10/16/2023 | 14.61 | 14.65 | 14.27 | 14.40 | 13,860,602 |
| 14.50 | 14.62 | 14.17 | 14.25 | 12,549,162 |
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Tibet Summit Trading Date Momentum on October 16, 2023
| On October 17 2023 Tibet Summit Resources was traded for 14.25 at the closing time. The highest price during the trading period was 14.62 and the lowest recorded bid was listed for 14.17 . The volume for the day was 12.5 M. This history from October 17, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.04% . The trading price change to the current price is 3.61% . |
Tibet Summit Resources Fundamentals Correlations and Trends
By evaluating Tibet Summit'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 Tibet Summit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tibet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tibet Summit Stock history
Tibet Summit 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 Tibet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tibet Summit Resources 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 Tibet Summit stock prices may prove useful in developing a viable investing in Tibet Summit
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 822.8 M | 731.4 M | |
| Net Income Applicable To Common Shares | 828.5 M | 869.9 M |
Tibet Summit Stock Technical Analysis
Tibet Summit 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
Tibet Summit Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Tibet Summit Resources 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.
Tibet Summit November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Tibet Summit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tibet Summit shares will generate the highest return on investment. By undertsting and applying Tibet Summit stock market strength indicators, traders can identify Tibet Summit Resources entry and exit signals to maximize returns
Tibet Summit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tibet Summit's price direction in advance. Along with the technical and fundamental analysis of Tibet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tibet 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 | 0.1235 | |||
| Jensen Alpha | 0.5334 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1184 | |||
| Treynor Ratio | (0.53) |
| 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 Tibet Stock analysis
When running Tibet Summit's price analysis, check to measure Tibet Summit'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 Tibet Summit is operating at the current time. Most of Tibet Summit's value examination focuses on studying past and present price action to predict the probability of Tibet Summit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tibet Summit's price. Additionally, you may evaluate how the addition of Tibet Summit to your portfolios can decrease your overall portfolio volatility.
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