CITIC Telecom (Germany) Price on July 21, 2024
| B7O Stock | EUR 0.27 0.02 6.90% |
If you're considering investing in CITIC Stock, it is important to understand the factors that can impact its price. As of today, the current price of CITIC Telecom stands at 0.27, as last reported on the 13th of December 2024, with the highest price reaching 0.27 and the lowest price hitting 0.27 during the day. CITIC Telecom appears to be out of control, given 3 months investment horizon. CITIC Telecom Intern secures Sharpe Ratio (or Efficiency) of 0.0684, which signifies that the company had a 0.0684% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for CITIC Telecom International, which you can use to evaluate the volatility of the firm. Please makes use of CITIC Telecom's mean deviation of 2.11, and Risk Adjusted Performance of 0.0819 to double-check if our risk estimates are consistent with your expectations.
CITIC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CITIC |
Sharpe Ratio = 0.0684
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | B7O | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.25 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average CITIC Telecom is performing at about 5% 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 CITIC Telecom by adding it to a well-diversified portfolio.
CITIC Telecom Valuation on July 21, 2024
It is possible to determine the worth of CITIC Telecom on a given historical date. On July 21, 2024 CITIC was worth 0.23 at the beginning of the trading date compared to the closed value of 0.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CITIC Telecom stock. Still, in general, we apply an absolute valuation method to find CITIC 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 CITIC Telecom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CITIC Telecom's related companies.
| Open | High | Low | Close | Volume | |
| 0.23 | 0.23 | 0.23 | 0.23 | 1.00 | |
07/19/2024 | 0.23 | 0.23 | 0.23 | 0.23 | 1.00 |
| 0.17 | 0.19 | 0.17 | 0.18 | 2,744 |
| Backtest CITIC Telecom | | | CITIC Telecom History | | | CITIC Telecom Valuation | Previous | Next |
CITIC Telecom Trading Date Momentum on July 21, 2024
| On July 22 2024 CITIC Telecom International was traded for 0.18 at the closing time. The highest daily price throughout the period was 0.19 and the lowest price was 0.17 . The daily volume was 2.7 K. The net trading volume on 07/22/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 21.74% . The overall trading delta to current closing price is 21.74% . |
CITIC Telecom Intern Fundamentals Correlations and Trends
By evaluating CITIC 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 CITIC Telecom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CITIC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CITIC Telecom Stock history
CITIC 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 CITIC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CITIC Telecom Intern 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 CITIC Telecom stock prices may prove useful in developing a viable investing in CITIC Telecom
CITIC Telecom International Holdings Limited, an investment holding company, provides telecommunications services worldwide. CITIC Telecom International Holdings Limited was founded in 1997 and is headquartered in Kwai Chung, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. CITIC Telecom operates under Telecom Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2568 people.
CITIC Telecom Stock Technical Analysis
CITIC 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
CITIC Telecom Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
CITIC Telecom International cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
CITIC Telecom December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how CITIC 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 CITIC Telecom shares will generate the highest return on investment. By undertsting and applying CITIC Telecom stock market strength indicators, traders can identify CITIC Telecom International entry and exit signals to maximize returns
CITIC Telecom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CITIC Telecom's price direction in advance. Along with the technical and fundamental analysis of CITIC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CITIC 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 | 0.0819 | |||
| Jensen Alpha | 0.3518 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0445 | |||
| Treynor Ratio | (1.71) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for CITIC Stock analysis
When running CITIC Telecom's price analysis, check to measure CITIC 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 CITIC Telecom is operating at the current time. Most of CITIC Telecom's value examination focuses on studying past and present price action to predict the probability of CITIC 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 CITIC Telecom's price. Additionally, you may evaluate how the addition of CITIC Telecom to your portfolios can decrease your overall portfolio volatility.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |