China Railway (China) Price on September 6, 2024
| 688425 Stock | 4.77 0.02 0.42% |
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 Railway stands at 4.77, as last reported on the 26th of November, with the highest price reaching 4.84 and the lowest price hitting 4.72 during the day. China Railway appears to be moderately volatile, given 3 months investment horizon. China Railway Constr secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. By analyzing China Railway's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please makes use of China Railway's Mean Deviation of 1.84, downside deviation of 2.38, and Risk Adjusted Performance of 0.1223 to double-check if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 5.9 B, whereas Total Stockholder Equity is forecasted to decline to about 12.4 B. . China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.2006
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688425 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average China Railway is performing at about 15% 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 1.4894 | Enterprise Value Ebitda 16.2664 | Price Sales 2.6689 | Shares Float 1.4 B | Dividend Share 0.09 |
China Railway Valuation on September 6, 2024
It is possible to determine the worth of China Railway on a given historical date. On September 6, 2024 China was worth 3.46 at the beginning of the trading date compared to the closed value of 3.42. 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 | |
| 3.46 | 3.48 | 3.43 | 3.45 | 10,776,388 | |
09/06/2024 | 3.46 | 3.49 | 3.41 | 3.42 | 11,650,687 |
| 3.42 | 3.43 | 3.38 | 3.38 | 10,652,446 |
| Backtest China Railway | | | China Railway History | | | China Railway Valuation | Previous | Next |
China Railway Trading Date Momentum on September 6, 2024
| On September 09 2024 China Railway Construction was traded for 3.38 at the closing time. The highest price during the trading period was 3.43 and the lowest recorded bid was listed for 3.38 . The volume for the day was 10.7 M. This history from September 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.17% . The overall trading delta to the current price is 1.46% . |
China Railway Constr 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 Constr 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 | 5.3 B | 4.8 B | |
| Net Income Applicable To Common Shares | 2 B | 1.8 B |
China Railway Quarterly Net Working Capital |
|
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 26, 2024
| High |
0.00 | 0.00 |
China Railway Construction 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 26, 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 Construction 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 | 0.1223 | |||
| Jensen Alpha | 0.4923 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1243 | |||
| Treynor Ratio | (0.63) |
| 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.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |