Peoples Insurance (China) Price on August 22, 2023
| 601319 Stock | 7.24 0.07 0.98% |
Below is the normalized historical share price chart for Peoples Insurance of extending back to November 16, 2018. 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 Peoples Insurance stands at 7.24, as last reported on the 30th of November, with the highest price reaching 7.36 and the lowest price hitting 7.17 during the day.
If you're considering investing in Peoples Stock, it is important to understand the factors that can impact its price. Peoples Insurance appears to be somewhat reliable, given 3 months investment horizon. Peoples Insurance maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Peoples Insurance, which you can use to evaluate the volatility of the company. Please evaluate Peoples Insurance's Coefficient Of Variation of 708.83, semi deviation of 2.17, and Risk Adjusted Performance of 0.1151 to confirm if our risk estimates are consistent with your expectations.
At present, Peoples Insurance's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 48.4 B, whereas Total Stockholder Equity is forecasted to decline to about 195.8 B. . Peoples Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 5.8036 | 50 Day MA 7.0956 | Beta 0.467 |
Peoples |
Sharpe Ratio = 0.1115
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601319 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Peoples Insurance is performing at about 8% 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 Peoples Insurance by adding it to a well-diversified portfolio.
Price Book 1.2654 | Book Value 6.052 | Enterprise Value 303.8 B | Price Sales 0.504 | Shares Float 11.6 B |
Peoples Insurance Valuation on August 22, 2023
It is possible to determine the worth of Peoples Insurance on a given historical date. On August 22, 2023 Peoples was worth 5.88 at the beginning of the trading date compared to the closed value of 5.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Peoples Insurance stock. Still, in general, we apply an absolute valuation method to find Peoples Insurance'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 Peoples Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Peoples Insurance's related companies.
| Open | High | Low | Close | Volume | |
| 5.98 | 5.98 | 5.84 | 5.84 | 66,452,800 | |
08/22/2023 | 5.88 | 6.01 | 5.87 | 5.99 | 57,369,815 |
| 5.98 | 6.02 | 5.91 | 5.93 | 34,261,697 |
| Backtest Peoples Insurance | | | Peoples Insurance History | | | Peoples Insurance Valuation | Previous | Next |
Peoples Insurance Trading Date Momentum on August 22, 2023
| On August 23 2023 Peoples Insurance of was traded for 5.93 at the closing time. The highest price during the trading period was 6.02 and the lowest recorded bid was listed for 5.91 . The volume for the day was 34.3 M. This history from August 23, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.00% . The trading delta at closing time to the current price is 1.17% . |
Peoples Insurance Fundamentals Correlations and Trends
By evaluating Peoples Insurance'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 Peoples Insurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Peoples financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Peoples Insurance Stock history
Peoples Insurance 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 Peoples is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Peoples Insurance 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 Peoples Insurance stock prices may prove useful in developing a viable investing in Peoples Insurance
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 44.2 B | 48.4 B | |
| Net Income Applicable To Common Shares | 28.1 B | 20.8 B |
Peoples Insurance Stock Technical Analysis
Peoples Insurance 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
Peoples Insurance Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Peoples Insurance of 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.
Peoples Insurance November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Peoples Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Peoples Insurance shares will generate the highest return on investment. By undertsting and applying Peoples Insurance stock market strength indicators, traders can identify Peoples Insurance of entry and exit signals to maximize returns
Peoples Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Peoples Insurance's price direction in advance. Along with the technical and fundamental analysis of Peoples Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Peoples 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 | 0.1151 | |||
| Jensen Alpha | 0.3757 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0996 | |||
| Treynor Ratio | 4.68 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Peoples Stock analysis
When running Peoples Insurance's price analysis, check to measure Peoples Insurance'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 Peoples Insurance is operating at the current time. Most of Peoples Insurance's value examination focuses on studying past and present price action to predict the probability of Peoples Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Peoples Insurance's price. Additionally, you may evaluate how the addition of Peoples Insurance to your portfolios can decrease your overall portfolio volatility.
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