China National Building Stock Price on September 17, 2024
| CBUMY Stock | USD 21.21 0.43 2.07% |
If you're considering investing in China Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of China National stands at 21.21, as last reported on the 30th of November, with the highest price reaching 21.21 and the lowest price hitting 20.50 during the day. China National appears to be somewhat reliable, given 3 months investment horizon. China National Building secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. By analyzing China National's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please makes use of China National's Mean Deviation of 3.23, downside deviation of 6.06, and Risk Adjusted Performance of 0.1091 to double-check if our risk estimates are consistent with your expectations.
China Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.1345
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Estimated Market Risk
| 5.58 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average China National is performing at about 10% 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 National by adding it to a well-diversified portfolio.
China National Valuation on September 17, 2024
It is possible to determine the worth of China National on a given historical date. On September 17, 2024 China was worth 13.47 at the beginning of the trading date compared to the closed value of 13.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China National pink sheet. Still, in general, we apply an absolute valuation method to find China National'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 National where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China National's related companies.
| Open | High | Low | Close | Volume | |
| 13.15 | 13.15 | 13.15 | 13.15 | 1.00 | |
09/17/2024 | 13.47 | 13.47 | 13.47 | 13.47 | 100.00 |
| 13.43 | 13.43 | 13.43 | 13.43 | 200.00 |
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China National Trading Date Momentum on September 17, 2024
| On September 18 2024 China National Building was traded for 13.43 at the closing time. The highest daily price throughout the period was 13.43 and the lowest price was 13.43 . The daily volume was 200. The net trading volume on 09/18/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.30% . The overall trading delta to current closing price is 31.33% . |
China National Building Fundamentals Correlations and Trends
By evaluating China National'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 National'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 National Pink Sheet history
China National 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 National Building 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 National stock prices may prove useful in developing a viable investing in China National
China National Building Material Company Limited, an investment holding company, engages in building material, new materials, and engineering technical services businesses. The company was founded in 2005 and is based in Beijing, the Peoples Republic of China. China National operates under Building Materials classification in the United States and is traded on OTC Exchange. It employs 154208 people.
China National Pink Sheet Technical Analysis
China National 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
China National Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
China National Building 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.
China National November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how China National 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 China National shares will generate the highest return on investment. By undertsting and applying China National pink sheet market strength indicators, traders can identify China National Building entry and exit signals to maximize returns
China National Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China National's price direction in advance. Along with the technical and fundamental analysis of China Pink Sheet 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 | 0.1091 | |||
| Jensen Alpha | 0.8394 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0954 | |||
| Treynor Ratio | (0.68) |
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| Volume Indicators |
Additional Tools for China Pink Sheet Analysis
When running China National's price analysis, check to measure China National'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 National is operating at the current time. Most of China National's value examination focuses on studying past and present price action to predict the probability of China National'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 National's price. Additionally, you may evaluate how the addition of China National to your portfolios can decrease your overall portfolio volatility.