Cheche Group Class Stock Price on September 26, 2024
| CCG Stock | 0.89 0.03 3.26% |
If you're considering investing in Cheche Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cheche Group stands at 0.89, as last reported on the 28th of November, with the highest price reaching 0.96 and the lowest price hitting 0.84 during the day. Cheche Group appears to be extremely dangerous, given 3 months investment horizon. Cheche Group Class secures Sharpe Ratio (or Efficiency) of 0.0609, which signifies that the company had a 0.0609% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Cheche Group Class, which you can use to evaluate the volatility of the firm. Please makes use of Cheche Group's mean deviation of 4.58, and Risk Adjusted Performance of 0.0282 to double-check if our risk estimates are consistent with your expectations.
At this time, Cheche Group's Stock Based Compensation is most likely to increase significantly in the upcoming years. Sale Purchase Of Stock is expected to grow at the current pace this year, while Liabilities And Stockholders Equity is projected to decrease to roughly 884.8 M. . At this time, Cheche Group's Price Fair Value is most likely to increase significantly in the upcoming years. Cheche Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cheche |
Sharpe Ratio = 0.0609
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.6 actual daily | 58 58% of assets are less volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Cheche Group is performing at about 4% 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 Cheche Group by adding it to a well-diversified portfolio.
Price Book 1.4504 | Price Sales 0.0213 | Shares Float 13.7 M | Wall Street Target Price 2.5 | Earnings Share (1.43) |
Cheche Group Valuation on September 26, 2024
It is possible to determine the worth of Cheche Group on a given historical date. On September 26, 2024 Cheche was worth 0.78 at the beginning of the trading date compared to the closed value of 0.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cheche Group stock. Still, in general, we apply an absolute valuation method to find Cheche Group'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 Cheche Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cheche Group's related companies.
| Open | High | Low | Close | Volume | |
| 0.74 | 0.80 | 0.73 | 0.73 | 193,282 | |
09/26/2024 | 0.78 | 0.81 | 0.74 | 0.77 | 162,784 |
| 0.78 | 0.88 | 0.74 | 0.76 | 1,143,975 |
| Backtest Cheche Group | | | Cheche Group History | | | Cheche Group Valuation | Previous | Next |
Cheche Group Trading Date Momentum on September 26, 2024
| On September 27 2024 Cheche Group Class was traded for 0.76 at the closing time. Highest Cheche Group's price during the trading hours was 0.88 and the lowest price during the day was 0.74 . The net volume was 1.1 M. The overall trading history on the 27th of September contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.30% . The overall trading delta to current price is 3.90% . |
Cheche Group Class Fundamentals Correlations and Trends
By evaluating Cheche Group'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 Cheche Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cheche financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cheche Group Stock history
Cheche Group 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 Cheche is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cheche Group Class 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 Cheche Group stock prices may prove useful in developing a viable investing in Cheche Group
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 45.4 M | 37.3 M |
Cheche Group Quarterly Net Working Capital |
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Cheche Group Stock Technical Analysis
Cheche Group 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
Cheche Group Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Cheche Group Class cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Cheche Group November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Cheche Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cheche Group shares will generate the highest return on investment. By undertsting and applying Cheche Group stock market strength indicators, traders can identify Cheche Group Class entry and exit signals to maximize returns
Cheche Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cheche Group's price direction in advance. Along with the technical and fundamental analysis of Cheche Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cheche 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 | 0.0282 | |||
| Jensen Alpha | 0.0287 | |||
| Total Risk Alpha | (0.89) | |||
| Sortino Ratio | 0.0056 | |||
| Treynor Ratio | 0.147 |
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Complementary Tools for Cheche Stock analysis
When running Cheche Group's price analysis, check to measure Cheche Group'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 Cheche Group is operating at the current time. Most of Cheche Group's value examination focuses on studying past and present price action to predict the probability of Cheche Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheche Group's price. Additionally, you may evaluate how the addition of Cheche Group to your portfolios can decrease your overall portfolio volatility.
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