China Telecom (China) Price on November 7, 2024
| 601728 Stock | 6.42 0.21 3.17% |
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Telecom stands at 6.42, as last reported on the 23rd of November, with the highest price reaching 6.60 and the lowest price hitting 6.40 during the day. At this point, China Telecom is somewhat reliable. China Telecom Corp secures Sharpe Ratio (or Efficiency) of 0.055, which signifies that the company had a 0.055% return per unit of risk over the last 3 months. We have found thirty technical indicators for China Telecom Corp, which you can use to evaluate the volatility of the firm. Please confirm China Telecom's Downside Deviation of 2.03, risk adjusted performance of 0.0873, and Mean Deviation of 1.49 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
The current year's Other Stockholder Equity is expected to grow to about 411.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 88.8 B. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.055
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| Cash | Small Risk | 601728 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average China Telecom is performing at about 4% 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 Telecom by adding it to a well-diversified portfolio.
Price Book 1.2875 | Enterprise Value Ebitda 12.0321 | Price Sales 1.0712 | Shares Float 22.7 B | Dividend Share 0.09 |
China Telecom Valuation on November 7, 2024
It is possible to determine the worth of China Telecom on a given historical date. On November 7, 2024 China was worth 6.4 at the beginning of the trading date compared to the closed value of 6.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Telecom stock. Still, in general, we apply an absolute valuation method to find China Telecom'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 Telecom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Telecom's related companies.
| Open | High | Low | Close | Volume | |
| 6.41 | 6.48 | 6.40 | 6.45 | 190,260,427 | |
11/07/2024 | 6.40 | 6.57 | 6.38 | 6.57 | 226,451,988 |
| 6.57 | 6.59 | 6.44 | 6.51 | 197,846,147 |
| Backtest China Telecom | | | China Telecom History | | | China Telecom Valuation | Previous | Next |
China Telecom Trading Date Momentum on November 7, 2024
| On November 08 2024 China Telecom Corp was traded for 6.51 at the closing time. The highest price during the trading period was 6.59 and the lowest recorded bid was listed for 6.44 . The volume for the day was 197.8 M. This history from November 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.91% . The overall trading delta to the current price is 2.13% . |
China Telecom Corp Fundamentals Correlations and Trends
By evaluating China Telecom'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 Telecom'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 Telecom Stock history
China Telecom 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 Telecom Corp 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 Telecom stock prices may prove useful in developing a viable investing in China Telecom
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 105.2 B | 88.8 B |
China Telecom Stock Technical Analysis
China Telecom 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 Telecom Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
China Telecom Corp 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 Telecom November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how China Telecom 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 Telecom shares will generate the highest return on investment. By undertsting and applying China Telecom stock market strength indicators, traders can identify China Telecom Corp entry and exit signals to maximize returns
China Telecom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Telecom'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 | 0.0873 | |||
| Jensen Alpha | 0.2323 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0426 | |||
| Treynor Ratio | (1.00) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Telecom's price analysis, check to measure China Telecom'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 Telecom is operating at the current time. Most of China Telecom's value examination focuses on studying past and present price action to predict the probability of China Telecom'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 Telecom's price. Additionally, you may evaluate how the addition of China Telecom to your portfolios can decrease your overall portfolio volatility.
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