CHINA CONBANK (Germany) Price on November 26, 2024
| C6TB Stock | EUR 13.80 0.10 0.72% |
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 CONBANK stands at 13.80, as last reported on the 30th of November, with the highest price reaching 13.80 and the lowest price hitting 13.80 during the day. CHINA CONBANK appears to be not too volatile, given 3 months investment horizon. CHINA BANK ADR20 secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for CHINA BANK ADR20, which you can use to evaluate the volatility of the firm. Please makes use of CHINA CONBANK's Semi Deviation of 1.53, risk adjusted performance of 0.0712, and Mean Deviation of 1.46 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 = 0.1128
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Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average CHINA CONBANK is performing at about 8% 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 CONBANK by adding it to a well-diversified portfolio.
CHINA CONBANK Valuation on November 26, 2024
It is possible to determine the worth of CHINA CONBANK on a given historical date. On November 26, 2024 CHINA was worth 13.8 at the beginning of the trading date compared to the closed value of 13.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CHINA CONBANK stock. Still, in general, we apply an absolute valuation method to find CHINA CONBANK'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 CONBANK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CHINA CONBANK's related companies.
| Open | High | Low | Close | Volume | |
| 13.90 | 13.90 | 13.90 | 13.90 | 1.00 | |
11/26/2024 | 13.80 | 13.80 | 13.80 | 13.80 | 1.00 |
| 13.90 | 13.90 | 13.90 | 13.90 | 1.00 |
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CHINA CONBANK Trading Date Momentum on November 26, 2024
| On November 27 2024 CHINA BANK ADR20 was traded for 13.90 at the closing time. The maximum traded price for the trading interval was 13.90 and the lowest daily price was 13.90 . There was no trading activity during the period 1.0. Lack of trading volume on 27th of November 2024 played a part in the next trading day price rise. The overall trading delta to the next closing price was 0.72% . The overall trading delta to the closing price today is 0.00% . |
CHINA BANK ADR20 Fundamentals Correlations and Trends
By evaluating CHINA CONBANK'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 CONBANK'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 CONBANK Stock history
CHINA CONBANK 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 BANK ADR20 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 CONBANK stock prices may prove useful in developing a viable investing in CHINA CONBANK
China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the Peoples Republic of China and internationally. China Construction Bank Corporation was founded in 1954 and is headquartered in Beijing, the Peoples Republic of China. CHINA CON operates under BanksDiversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 373814 people.
CHINA CONBANK Stock Technical Analysis
CHINA CONBANK 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 CONBANK Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
CHINA BANK ADR20 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 CONBANK November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how CHINA CONBANK 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 CONBANK shares will generate the highest return on investment. By undertsting and applying CHINA CONBANK stock market strength indicators, traders can identify CHINA BANK ADR20 entry and exit signals to maximize returns
CHINA CONBANK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CHINA CONBANK'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 | 0.0712 | |||
| Jensen Alpha | 0.1626 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0156 | |||
| Treynor Ratio | (6.48) |
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| Volume Indicators |
Complementary Tools for CHINA Stock analysis
When running CHINA CONBANK's price analysis, check to measure CHINA CONBANK'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 CONBANK is operating at the current time. Most of CHINA CONBANK's value examination focuses on studying past and present price action to predict the probability of CHINA CONBANK'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 CONBANK's price. Additionally, you may evaluate how the addition of CHINA CONBANK to your portfolios can decrease your overall portfolio volatility.
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