China Railway (China) Price on November 22, 2024
| 601390 Stock | 6.39 0.02 0.31% |
Below is the normalized historical share price chart for China Railway Group extending back to December 03, 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 China Railway stands at 6.39, as last reported on the 29th of November, with the highest price reaching 6.46 and the lowest price hitting 6.35 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Railway appears to be slightly risky, given 3 months investment horizon. China Railway Group secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China Railway Group, which you can use to evaluate the volatility of the firm. Please makes use of China Railway's Risk Adjusted Performance of 0.0388, downside deviation of 2.46, and Mean Deviation of 1.97 to double-check if our risk estimates are consistent with your expectations.
At present, China Railway's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 162.6 M, whereas Common Stock is forecasted to decline to about 21.8 B. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of December 2007 | 200 Day MA 6.4193 | 50 Day MA 6.328 | Beta 0.425 |
China |
Sharpe Ratio = 0.1061
| Best Portfolio | Best Equity | |||
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| Small Returns | 601390 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.32 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 China Railway 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 China Railway by adding it to a well-diversified portfolio.
Price Book 0.4494 | Enterprise Value Ebitda 13.0656 | Price Sales 0.1219 | Shares Float 12.1 B | Wall Street Target Price 8.93 |
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China Railway Valuation on November 22, 2024
It is possible to determine the worth of China Railway on a given historical date. On November 22, 2024 China was worth 6.68 at the beginning of the trading date compared to the closed value of 6.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Railway stock. Still, in general, we apply an absolute valuation method to find China Railway'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 China Railway where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Railway's related companies.
| Open | High | Low | Close | Volume | |
| 6.70 | 6.75 | 6.62 | 6.67 | 111,632,706 | |
11/22/2024 | 6.68 | 6.70 | 6.46 | 6.46 | 124,933,040 |
| 6.47 | 6.50 | 6.34 | 6.37 | 93,745,989 |
| Backtest China Railway | | | China Railway History | | | China Railway Valuation | Previous | Next |
China Railway Trading Date Momentum on November 22, 2024
| On November 25 2024 China Railway Group was traded for 6.37 at the closing time. The highest price during the trading period was 6.50 and the lowest recorded bid was listed for 6.34 . The volume for the day was 93.7 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 1.39% . The overall trading delta to the current price is 0.77% . |
China Railway Group Fundamentals Correlations and Trends
By evaluating China Railway'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 China Railway's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Railway Stock history
China Railway 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Railway Group 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 China Railway stock prices may prove useful in developing a viable investing in China Railway
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 28.5 B | 26.5 B | |
| Net Income Applicable To Common Shares | 29.3 B | 30.8 B |
China Railway Stock Technical Analysis
China Railway 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
China Railway Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
China Railway Group 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.
China Railway November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how China Railway stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Railway shares will generate the highest return on investment. By undertsting and applying China Railway stock market strength indicators, traders can identify China Railway Group entry and exit signals to maximize returns
China Railway Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Railway's price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | 0.0388 | |||
| Jensen Alpha | 0.082 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.4693 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Railway's price analysis, check to measure China Railway'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 China Railway is operating at the current time. Most of China Railway's value examination focuses on studying past and present price action to predict the probability of China Railway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Railway's price. Additionally, you may evaluate how the addition of China Railway to your portfolios can decrease your overall portfolio volatility.
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