CSSC Offshore (China) Price on March 27, 2024
| 600685 Stock | 24.48 0.20 0.82% |
Below is the normalized historical share price chart for CSSC Offshore Marine extending back to October 28, 1993. 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 CSSC Offshore stands at 24.48, as last reported on the 30th of November, with the highest price reaching 24.56 and the lowest price hitting 24.11 during the day.
If you're considering investing in CSSC Stock, it is important to understand the factors that can impact its price. At this point, CSSC Offshore is not too volatile. CSSC Offshore Marine secures Sharpe Ratio (or Efficiency) of 0.0362, which signifies that the company had a 0.0362% return per unit of volatility over the last 3 months. We have found twenty-three technical indicators for CSSC Offshore Marine, which you can use to evaluate the volatility of the firm. Please confirm CSSC Offshore's risk adjusted performance of (0.01), and Mean Deviation of 2.1 to double-check if the risk estimate we provide is consistent with the expected return of 0.0974%.
The current year's Other Stockholder Equity is expected to grow to about 1.8 B, whereas Total Stockholder Equity is forecasted to decline to about 13.8 B. . CSSC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 26.286 | 50 Day MA 25.4546 | Beta 0.989 |
CSSC |
Sharpe Ratio = 0.0362
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | 600685 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average CSSC Offshore is performing at about 2% 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 CSSC Offshore by adding it to a well-diversified portfolio.
Price Book 1.8627 | Enterprise Value Ebitda 54.1585 | Price Sales 1.8006 | Shares Float 602 M | Wall Street Target Price 12.22 |
CSSC Offshore Valuation on March 27, 2024
It is possible to determine the worth of CSSC Offshore on a given historical date. On March 27, 2024 CSSC was worth 24.86 at the beginning of the trading date compared to the closed value of 24.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CSSC Offshore stock. Still, in general, we apply an absolute valuation method to find CSSC Offshore'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 CSSC Offshore where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CSSC Offshore's related companies.
| Open | High | Low | Close | Volume | |
| 25.00 | 25.10 | 24.50 | 24.77 | 6,190,437 | |
03/27/2024 | 24.86 | 25.07 | 24.41 | 24.57 | 5,615,419 |
| 24.50 | 25.40 | 24.50 | 25.10 | 6,282,407 |
| Backtest CSSC Offshore | | | CSSC Offshore History | | | CSSC Offshore Valuation | Previous | Next |
CSSC Offshore Trading Date Momentum on March 27, 2024
| On March 28 2024 CSSC Offshore Marine was traded for 25.10 at the closing time. The highest price during the trading period was 25.40 and the lowest recorded bid was listed for 24.50 . The volume for the day was 6.3 M. This history from March 28, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.16% . The overall trading delta to the current price is 7.98% . |
CSSC Offshore Marine Fundamentals Correlations and Trends
By evaluating CSSC Offshore'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 CSSC Offshore's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CSSC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CSSC Offshore Stock history
CSSC Offshore 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 CSSC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CSSC Offshore Marine 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 CSSC Offshore stock prices may prove useful in developing a viable investing in CSSC Offshore
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.1 B | |
| Net Income Applicable To Common Shares | 791.6 M | 443.9 M |
CSSC Offshore Quarterly Net Working Capital |
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CSSC Offshore Stock Technical Analysis
CSSC Offshore 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
CSSC Offshore Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
CSSC Offshore Marine 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.
CSSC Offshore November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how CSSC Offshore stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CSSC Offshore shares will generate the highest return on investment. By undertsting and applying CSSC Offshore stock market strength indicators, traders can identify CSSC Offshore Marine entry and exit signals to maximize returns
CSSC Offshore Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CSSC Offshore's price direction in advance. Along with the technical and fundamental analysis of CSSC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CSSC 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 | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (2.99) |
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Complementary Tools for CSSC Stock analysis
When running CSSC Offshore's price analysis, check to measure CSSC Offshore'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 CSSC Offshore is operating at the current time. Most of CSSC Offshore's value examination focuses on studying past and present price action to predict the probability of CSSC Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSSC Offshore's price. Additionally, you may evaluate how the addition of CSSC Offshore to your portfolios can decrease your overall portfolio volatility.
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