China Life (China) Price on May 15, 2023
| 601628 Stock | 41.29 0.33 0.81% |
Below is the normalized historical share price chart for China Life Insurance extending back to January 09, 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 Life stands at 41.29, as last reported on the 27th of November, with the highest price reaching 41.72 and the lowest price hitting 40.70 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Life appears to be very steady, given 3 months investment horizon. China Life Insurance secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for China Life Insurance, which you can use to evaluate the volatility of the firm. Please makes use of China Life's Downside Deviation of 2.72, risk adjusted performance of 0.1299, and Mean Deviation of 2.02 to double-check if our risk estimates are consistent with your expectations.
As of November 27, 2024, Total Stockholder Equity is expected to decline to about 389.4 B. In addition to that, Other Stockholder Equity is expected to decline to about 39.8 B. China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 33.3993 | 50 Day MA 41.9608 | Beta 0.682 |
China |
Sharpe Ratio = 0.1414
| Best Portfolio | Best Equity | |||
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| Small Returns | 601628 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.3 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average China Life is performing at about 11% 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 Life by adding it to a well-diversified portfolio.
Price Book 2.0594 | Book Value 20.05 | Enterprise Value 931.1 B | Price Sales 1.1801 | Shares Float 8.9 B |
China Life Valuation on May 15, 2023
It is possible to determine the worth of China Life on a given historical date. On May 15, 2023 China was worth 39.19 at the beginning of the trading date compared to the closed value of 42.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Life stock. Still, in general, we apply an absolute valuation method to find China Life'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 Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Life's related companies.
| Open | High | Low | Close | Volume | |
| 38.83 | 40.00 | 38.16 | 38.62 | 18,553,401 | |
05/15/2023 | 39.19 | 43.00 | 38.28 | 42.13 | 30,433,274 |
| 42.19 | 42.19 | 40.51 | 40.60 | 26,925,010 |
| Backtest China Life | | | China Life History | | | China Life Valuation | Previous | Next |
China Life Trading Date Momentum on May 15, 2023
| On May 16 2023 China Life Insurance was traded for 40.60 at the closing time. The highest price during the trading period was 42.19 and the lowest recorded bid was listed for 40.51 . The volume for the day was 26.9 M. This history from May 16, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 3.63% . The overall trading delta to the current price is 11.04% . |
China Life Insurance Fundamentals Correlations and Trends
By evaluating China Life'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 Life'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 Life Stock history
China Life 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 Life 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 China Life stock prices may prove useful in developing a viable investing in China Life
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 25.4 B | 22.6 B | |
| Net Income Applicable To Common Shares | 58.4 B | 35.8 B |
China Life Stock Technical Analysis
China Life 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 Life Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
China Life Insurance 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 Life November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how China Life 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 Life shares will generate the highest return on investment. By undertsting and applying China Life stock market strength indicators, traders can identify China Life Insurance entry and exit signals to maximize returns
China Life Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Life'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 | 0.1299 | |||
| Jensen Alpha | 0.589 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.1351 | |||
| Treynor Ratio | (0.58) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Life's price analysis, check to measure China Life'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 Life is operating at the current time. Most of China Life's value examination focuses on studying past and present price action to predict the probability of China Life'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 Life's price. Additionally, you may evaluate how the addition of China Life to your portfolios can decrease your overall portfolio volatility.
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