Industrial Bank (China) Price on April 14, 2023
| 601166 Stock | 18.55 0.13 0.70% |
Below is the normalized historical share price chart for Industrial Bank Co extending back to February 05, 2007. 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 Industrial Bank stands at 18.55, as last reported on the 11th of December 2024, with the highest price reaching 18.81 and the lowest price hitting 18.51 during the day.
If you're considering investing in Industrial Stock, it is important to understand the factors that can impact its price. Industrial Bank appears to be not too volatile, given 3 months investment horizon. Industrial Bank holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Industrial Bank, which you can use to evaluate the volatility of the firm. Please utilize Industrial Bank's Downside Deviation of 1.81, market risk adjusted performance of 1.05, and Risk Adjusted Performance of 0.0821 to validate if our risk estimates are consistent with your expectations.
At present, Industrial Bank's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 43.4 B, whereas Common Stock is forecasted to decline to about 13.8 B. . Industrial Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of February 2007 | 200 Day MA 17.193 | 50 Day MA 18.5628 | Beta 0.696 |
Industrial |
Sharpe Ratio = 0.1337
| Best Portfolio | Best Equity | |||
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| Small Returns | 601166 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Industrial Bank is performing at about 10% 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 Industrial Bank by adding it to a well-diversified portfolio.
Price Book 0.4729 | Book Value 36.217 | Enterprise Value 922.9 B | Price Sales 2.655 | Shares Float 12.2 B |
Industrial Bank Valuation on April 14, 2023
It is possible to determine the worth of Industrial Bank on a given historical date. On April 14, 2023 Industrial was worth 15.89 at the beginning of the trading date compared to the closed value of 15.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Industrial Bank stock. Still, in general, we apply an absolute valuation method to find Industrial Bank'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 Industrial Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Industrial Bank's related companies.
| Open | High | Low | Close | Volume | |
| 15.78 | 15.94 | 15.72 | 15.88 | 56,984,509 | |
04/14/2023 | 15.89 | 16.02 | 15.85 | 15.91 | 55,872,768 |
| 15.92 | 16.11 | 15.87 | 16.11 | 91,104,137 |
| Backtest Industrial Bank | | | Industrial Bank History | | | Industrial Bank Valuation | Previous | Next |
Industrial Bank Trading Date Momentum on April 14, 2023
| On April 17 2023 Industrial Bank Co was traded for 16.11 at the closing time. The highest price during the trading period was 16.11 and the lowest recorded bid was listed for 15.87 . The volume for the day was 91.1 M. This history from April 17, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.26% . The trading delta at closing time to the current price is 0.06% . |
Industrial Bank Fundamentals Correlations and Trends
By evaluating Industrial Bank'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 Industrial Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Industrial financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Industrial Bank Stock history
Industrial Bank 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 Industrial is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Industrial Bank 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 Industrial Bank stock prices may prove useful in developing a viable investing in Industrial Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 20.8 B | 22.9 B | |
| Net Income Applicable To Common Shares | 90.2 B | 94.7 B |
Industrial Bank Stock Technical Analysis
Industrial Bank 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
Industrial Bank Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Industrial Bank 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.
Industrial Bank December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Industrial Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Industrial Bank shares will generate the highest return on investment. By undertsting and applying Industrial Bank stock market strength indicators, traders can identify Industrial Bank Co entry and exit signals to maximize returns
Industrial Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Industrial Bank's price direction in advance. Along with the technical and fundamental analysis of Industrial Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Industrial 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 | 0.0821 | |||
| Jensen Alpha | 0.1747 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0453 | |||
| Treynor Ratio | 1.04 |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Industrial Stock analysis
When running Industrial Bank's price analysis, check to measure Industrial Bank'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 Industrial Bank is operating at the current time. Most of Industrial Bank's value examination focuses on studying past and present price action to predict the probability of Industrial Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial Bank's price. Additionally, you may evaluate how the addition of Industrial Bank to your portfolios can decrease your overall portfolio volatility.
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