Metallurgical (China) Price on September 11, 2023

601618 Stock   3.07  0.03  0.97%   
If you're considering investing in Metallurgical Stock, it is important to understand the factors that can impact its price. As of today, the current price of Metallurgical stands at 3.07, as last reported on the 22nd of January, with the highest price reaching 3.12 and the lowest price hitting 3.07 during the day. Metallurgical has Sharpe Ratio of -0.0533, which conveys that the firm had a -0.0533 % return per unit of risk over the last 3 months. Metallurgical exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metallurgical's Risk Adjusted Performance of (0.05), standard deviation of 1.79, and Mean Deviation of 1.24 to check out the risk estimate we provide.
  
Metallurgical Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0533

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Estimated Market Risk

 1.77
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Metallurgical is not performing at its full potential. However, 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 Metallurgical by adding Metallurgical to a well-diversified portfolio.

Metallurgical Valuation on September 11, 2023

It is possible to determine the worth of Metallurgical on a given historical date. On September 11, 2023 Metallurgical was worth 3.65 at the beginning of the trading date compared to the closed value of 3.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metallurgical stock. Still, in general, we apply an absolute valuation method to find Metallurgical'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 Metallurgical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metallurgical's related companies.
 Open High Low Close Volume
  3.65    3.66    3.61    3.63    40,243,272  
09/11/2023
  3.65    3.69    3.61    3.68    73,681,613  
  3.67    3.72    3.66    3.68    53,411,449  
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Open Value
3.65
3.68
Closing Value
8.97
Upside

Metallurgical Trading Date Momentum on September 11, 2023

On September 12 2023 Metallurgical of was traded for  3.68  at the closing time. The highest price during the trading period was 3.72  and the lowest recorded bid was listed for  3.66 . The volume for the day was 53.4 M. This history from September 12, 2023 did not cause price change. The trading delta at closing time to the current price is 0.27% .

Metallurgical Fundamentals Correlations and Trends

By evaluating Metallurgical'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 Metallurgical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metallurgical financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Metallurgical Stock history

Metallurgical 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 Metallurgical is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metallurgical 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 Metallurgical stock prices may prove useful in developing a viable investing in Metallurgical

Metallurgical Stock Technical Analysis

Metallurgical 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.
A focus of Metallurgical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Metallurgical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Metallurgical Period Price Range

Low
January 22, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Metallurgical 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.

Metallurgical January 22, 2025 Market Strength

Market strength indicators help investors to evaluate how Metallurgical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metallurgical shares will generate the highest return on investment. By undertsting and applying Metallurgical stock market strength indicators, traders can identify Metallurgical of entry and exit signals to maximize returns

Metallurgical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Metallurgical's price direction in advance. Along with the technical and fundamental analysis of Metallurgical Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metallurgical 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.

Complementary Tools for Metallurgical Stock analysis

When running Metallurgical's price analysis, check to measure Metallurgical'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 Metallurgical is operating at the current time. Most of Metallurgical's value examination focuses on studying past and present price action to predict the probability of Metallurgical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metallurgical's price. Additionally, you may evaluate how the addition of Metallurgical to your portfolios can decrease your overall portfolio volatility.
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