New China (China) Price on November 22, 2024
| 601336 Stock | 47.36 1.35 2.93% |
Below is the normalized historical share price chart for New China Life extending back to December 16, 2011. 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 New China stands at 47.36, as last reported on the 30th of November, with the highest price reaching 48.83 and the lowest price hitting 46.02 during the day.
If you're considering investing in New Stock, it is important to understand the factors that can impact its price. New China appears to be very steady, given 3 months investment horizon. New China Life has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing New China's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please exercise New China's Downside Deviation of 2.19, risk adjusted performance of 0.1738, and Mean Deviation of 2.53 to check out if our risk estimates are consistent with your expectations.
As of November 30, 2024, Total Stockholder Equity is expected to decline to about 63 B. In addition to that, Common Stock is expected to decline to about 3 B. New Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of December 2011 | 200 Day MA 35.0797 | 50 Day MA 46.6886 | Beta 0.885 |
New |
Sharpe Ratio = 0.1882
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601336 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average New China is performing at about 14% 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 New China by adding it to a well-diversified portfolio.
Price Book 1.6228 | Book Value 29.183 | Enterprise Value 129.5 B | Price Sales 1.934 | Shares Float 1.7 B |
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New China Valuation on November 22, 2024
It is possible to determine the worth of New China on a given historical date. On November 22, 2024 New was worth 50.0 at the beginning of the trading date compared to the closed value of 47.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New China stock. Still, in general, we apply an absolute valuation method to find New China'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 New China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New China's related companies.
| Open | High | Low | Close | Volume | |
| 49.95 | 50.20 | 49.40 | 50.01 | 13,048,351 | |
11/22/2024 | 50.00 | 50.24 | 47.00 | 47.01 | 26,075,484 |
| 46.49 | 46.66 | 45.08 | 45.77 | 21,981,603 |
| Backtest New China | | | New China History | | | New China Valuation | Previous | Next |
New China Trading Date Momentum on November 22, 2024
| On November 25 2024 New China Life was traded for 45.77 at the closing time. The highest price during the trading period was 46.66 and the lowest recorded bid was listed for 45.08 . The volume for the day was 22 M. This history from November 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.64% . The trading delta at closing time to the current price is 1.74% . |
New China Life Fundamentals Correlations and Trends
By evaluating New China'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 New China's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New financial account trend analysis is a perfect complement when working with valuation or volatility modules.About New China Stock history
New China 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 New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New China Life 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 New China stock prices may prove useful in developing a viable investing in New China
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.8 B | 2.5 B | |
| Net Income Applicable To Common Shares | 11.3 B | 7.5 B |
New China Stock Technical Analysis
New China 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
New China Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
New China Life 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.
New China November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how New China stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New China shares will generate the highest return on investment. By undertsting and applying New China stock market strength indicators, traders can identify New China Life entry and exit signals to maximize returns
New China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New China's price direction in advance. Along with the technical and fundamental analysis of New Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of New 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 | 0.1738 | |||
| Jensen Alpha | 0.6581 | |||
| Total Risk Alpha | 0.1695 | |||
| Sortino Ratio | 0.2917 | |||
| Treynor Ratio | 0.8968 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for New Stock analysis
When running New China's price analysis, check to measure New China'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 New China is operating at the current time. Most of New China's value examination focuses on studying past and present price action to predict the probability of New China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New China's price. Additionally, you may evaluate how the addition of New China to your portfolios can decrease your overall portfolio volatility.
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