China Reinsurance (Germany) Price on November 1, 2024
| C53 Stock | EUR 0.09 0 3.70% |
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 Reinsurance stands at 0.09, as last reported on the 30th of November, with the highest price reaching 0.09 and the lowest price hitting 0.09 during the day. China Reinsurance appears to be out of control, given 3 months investment horizon. China Reinsurance secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. By analyzing China Reinsurance's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please makes use of China Reinsurance's Mean Deviation of 4.53, risk adjusted performance of 0.0837, and Downside Deviation of 10.1 to double-check if our risk estimates are consistent with your expectations.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.1013
| Best Portfolio | Best Equity | |||
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| Small Returns | C53 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.15 actual daily | 72 72% of assets are less volatile |
Expected Return
| 0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average China Reinsurance is performing at about 7% 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 Reinsurance by adding it to a well-diversified portfolio.
China Reinsurance Valuation on November 1, 2024
It is possible to determine the worth of China Reinsurance on a given historical date. On November 1, 2024 China was worth 0.096 at the beginning of the trading date compared to the closed value of 0.096. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Reinsurance stock. Still, in general, we apply an absolute valuation method to find China Reinsurance'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 Reinsurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Reinsurance's related companies.
| Open | High | Low | Close | Volume | |
| 0.1 | 0.1 | 0.1 | 0.1 | 1.00 | |
11/01/2024 | 0.1 | 0.1 | 0.1 | 0.1 | 2,000 |
| 0.09 | 0.09 | 0.09 | 0.09 | 1.00 |
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China Reinsurance Trading Date Momentum on November 1, 2024
| On November 04 2024 China Reinsurance was traded for 0.09 at the closing time. The highest daily price throughout the period was 0.09 and the lowest price was 0.09 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 3.13% . The overall trading delta to current closing price is 4.17% . |
China Reinsurance Fundamentals Correlations and Trends
By evaluating China Reinsurance'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 Reinsurance'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 Reinsurance Stock history
China Reinsurance 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 Reinsurance 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 Reinsurance stock prices may prove useful in developing a viable investing in China Reinsurance
China Reinsurance Corporation, together with its subsidiaries, operates as a reinsurance company in the Peoples Republic of China and internationally. China Reinsurance Corporation is a subsidiary of Central Huijin Investment Ltd. CHINA REINSU operates under Insurance - Reinsurance classification in Germany and is traded on Frankfurt Stock Exchange. It employs 57463 people.
China Reinsurance Stock Technical Analysis
China Reinsurance 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 Reinsurance Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
China Reinsurance 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.
China Reinsurance November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how China Reinsurance 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 Reinsurance shares will generate the highest return on investment. By undertsting and applying China Reinsurance stock market strength indicators, traders can identify China Reinsurance entry and exit signals to maximize returns
China Reinsurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Reinsurance'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 | 0.0837 | |||
| Jensen Alpha | 0.7537 | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | 0.0647 | |||
| Treynor Ratio | 3.72 |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Reinsurance's price analysis, check to measure China Reinsurance'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 Reinsurance is operating at the current time. Most of China Reinsurance's value examination focuses on studying past and present price action to predict the probability of China Reinsurance'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 Reinsurance's price. Additionally, you may evaluate how the addition of China Reinsurance to your portfolios can decrease your overall portfolio volatility.
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