Bank Of China Stock Price on September 18, 2024
| BACHY Stock | USD 11.73 0.19 1.65% |
If you're considering investing in Bank Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Bank of China Ltd ADR stands at 11.73, as last reported on the 26th of November, with the highest price reaching 11.87 and the lowest price hitting 11.56 during the day. At this stage we consider Bank Pink Sheet to be not too volatile. Bank of China Ltd ADR secures Sharpe Ratio (or Efficiency) of 0.0282, which signifies that the company had a 0.0282% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bank of China, which you can use to evaluate the volatility of the firm. Please confirm Bank of China Ltd ADR's Mean Deviation of 1.77, downside deviation of 2.2, and Risk Adjusted Performance of 0.0279 to double-check if the risk estimate we provide is consistent with the expected return of 0.0658%.
Bank Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = 0.0282
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| Cash | Small Risk | BACHY | High Risk | Huge Risk |
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Estimated Market Risk
| 2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Bank of China Ltd ADR is performing at about 2% 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 Bank of China Ltd ADR by adding it to a well-diversified portfolio.
Bank of China Ltd ADR Valuation on September 18, 2024
It is possible to determine the worth of Bank of China Ltd ADR on a given historical date. On September 18, 2024 Bank was worth 10.95 at the beginning of the trading date compared to the closed value of 11.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of China Ltd ADR pink sheet. Still, in general, we apply an absolute valuation method to find Bank of China Ltd ADR'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 Bank of China Ltd ADR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of China Ltd ADR's related companies.
| Open | High | Low | Close | Volume | |
| 11.02 | 11.08 | 11.00 | 11.04 | 24,238 | |
09/18/2024 | 10.95 | 11.07 | 10.78 | 11.03 | 11,935 |
| 10.95 | 11.06 | 10.91 | 11.06 | 21,252 |
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Bank of China Ltd ADR Trading Date Momentum on September 18, 2024
| On September 19 2024 Bank of China was traded for 11.06 at the closing time. The highest daily price throughout the period was 11.06 and the lowest price was 10.91 . The daily volume was 21.3 K. The net trading volume on 09/19/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.27% . The overall trading delta to current closing price is 7.43% . |
Bank of China Ltd ADR Fundamentals Correlations and Trends
By evaluating Bank of China Ltd ADR'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 Bank of China Ltd ADR's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bank of China Ltd ADR Pink Sheet history
Bank of China Ltd ADR 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of China Ltd ADR 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 Bank of China Ltd ADR stock prices may prove useful in developing a viable investing in Bank of China Ltd ADR
Bank of China Limited, together with its subsidiaries, provides various banking and financial services. The company was founded in 1912 and is headquartered in Beijing, China. Bank Of China operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 304521 people.
Bank of China Ltd ADR Pink Sheet Technical Analysis
Bank of China Ltd ADR technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Bank of China Ltd ADR Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Bank of China cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Bank of China Ltd ADR November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank of China Ltd ADR pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of China Ltd ADR shares will generate the highest return on investment. By undertsting and applying Bank of China Ltd ADR pink sheet market strength indicators, traders can identify Bank of China entry and exit signals to maximize returns
Bank of China Ltd ADR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank of China Ltd ADR's price direction in advance. Along with the technical and fundamental analysis of Bank Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank 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 | 0.0279 | |||
| Jensen Alpha | 0.0481 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 1.02 |
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Additional Tools for Bank Pink Sheet Analysis
When running Bank of China Ltd ADR's price analysis, check to measure Bank of China Ltd ADR'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 Bank of China Ltd ADR is operating at the current time. Most of Bank of China Ltd ADR's value examination focuses on studying past and present price action to predict the probability of Bank of China Ltd ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of China Ltd ADR's price. Additionally, you may evaluate how the addition of Bank of China Ltd ADR to your portfolios can decrease your overall portfolio volatility.