Chongqing Gas (China) Price on June 4, 2024
| 600917 Stock | 6.32 0.09 1.40% |
Below is the normalized historical share price chart for Chongqing Gas Grp extending back to September 30, 2014. 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 Gas stands at 6.32, as last reported on the 2nd of December, with the highest price reaching 6.42 and the lowest price hitting 6.25 during the day.
If you're considering investing in Chongqing Stock, it is important to understand the factors that can impact its price. Chongqing Gas appears to be somewhat reliable, given 3 months investment horizon. Chongqing Gas Grp secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Chongqing Gas Grp, which you can use to evaluate the volatility of the firm. Please makes use of Chongqing Gas' Mean Deviation of 1.48, downside deviation of 2.16, and Risk Adjusted Performance of 0.1115 to double-check if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 50.2 M, whereas Total Stockholder Equity is forecasted to decline to about 4.2 B. . Chongqing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 5.8326 | 50 Day MA 6.0166 | Beta 0.303 |
Chongqing |
Sharpe Ratio = 0.1495
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600917 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Chongqing Gas is performing at about 11% 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 Gas by adding it to a well-diversified portfolio.
Price Book 1.7987 | Enterprise Value Ebitda 15.4131 | Price Sales 0.995 | Shares Float 622.6 M | Wall Street Target Price 6.2 |
Chongqing Gas Valuation on June 4, 2024
It is possible to determine the worth of Chongqing Gas on a given historical date. On June 4, 2024 Chongqing was worth 5.83 at the beginning of the trading date compared to the closed value of 5.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chongqing Gas stock. Still, in general, we apply an absolute valuation method to find Chongqing Gas' 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 Gas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chongqing Gas' related companies.
| Open | High | Low | Close | Volume | |
| 6.02 | 6.04 | 5.80 | 5.83 | 5,594,100 | |
06/04/2024 | 5.83 | 5.89 | 5.78 | 5.89 | 3,427,100 |
| 5.90 | 5.91 | 5.81 | 5.82 | 2,124,200 |
| Backtest Chongqing Gas | | | Chongqing Gas History | | | Chongqing Gas Valuation | Previous | Next |
Chongqing Gas Trading Date Momentum on June 4, 2024
| On June 05 2024 Chongqing Gas Grp was traded for 5.82 at the closing time. The highest price during the trading period was 5.91 and the lowest recorded bid was listed for 5.81 . The volume for the day was 2.1 M. This history from June 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.19% . The overall trading delta to the current price is 5.09% . |
Chongqing Gas Grp Fundamentals Correlations and Trends
By evaluating Chongqing Gas' 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 Gas' 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 Gas Stock history
Chongqing Gas 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 Gas Grp 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 Gas stock prices may prove useful in developing a viable investing in Chongqing Gas
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.8 B | 1.7 B | |
| Net Income Applicable To Common Shares | 462 M | 393.1 M |
Chongqing Gas Stock Technical Analysis
Chongqing Gas 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 Gas Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Chongqing Gas Grp 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 Gas December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Chongqing Gas 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 Gas shares will generate the highest return on investment. By undertsting and applying Chongqing Gas stock market strength indicators, traders can identify Chongqing Gas Grp entry and exit signals to maximize returns
Chongqing Gas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chongqing Gas' 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 | 0.1115 | |||
| Jensen Alpha | 0.2817 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0763 | |||
| Treynor Ratio | 3.52 |
| Cycle Indicators | ||
| Math Operators | ||
| 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 Gas' price analysis, check to measure Chongqing Gas' 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 Gas is operating at the current time. Most of Chongqing Gas' value examination focuses on studying past and present price action to predict the probability of Chongqing Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chongqing Gas' price. Additionally, you may evaluate how the addition of Chongqing Gas to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |