Cheche Group Warrant Stock Price on October 3, 2023

CCGWW Stock   0.02  0  5.26%   
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 0.02, as last reported on the 29th of November, with the highest price reaching 0.03 and the lowest price hitting 0.02 during the day. At this stage we consider Cheche Stock to be out of control. Cheche Group Warrant secures Sharpe Ratio (or Efficiency) of 0.0125, which signifies that the company had a 0.0125% return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for Cheche Group Warrant, which you can use to evaluate the volatility of the firm. Please confirm Cheche Group's risk adjusted performance of (0.05), and Mean Deviation of 4.8 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%.
  
At this time, Cheche Group's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 2.6 B in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 884.8 M in 2024. . Cheche Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0125

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Estimated Market Risk

 8.15
  actual daily
72
72% of assets are less volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cheche Group is not performing at its full potential. However, 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 Cheche Group to a well-diversified portfolio.
Book Value
5.013
Shares Float
13.7 M
Shares Short Prior Month
1.2 K
Shares Short
4.4 K
Revenue Per Share
49.558

Cheche Group Valuation on October 3, 2023

It is possible to determine the worth of Cheche Group on a given historical date. On October 3, 2023 Cheche was worth 0.17 at the beginning of the trading date compared to the closed value of 0.15. 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
  0.19    0.19    0.16    0.17    91,900  
10/03/2023
  0.17    0.17    0.10    0.15    121,800  
  0.11    0.17    0.11    0.16    22,900  
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Open Value
0.17
0.15
Closing Value
24.61
Upside

Cheche Group Trading Date Momentum on October 3, 2023

On October 04 2023 Cheche Group Warrant was traded for  0.16  at the closing time. The highest daily price throughout the period was 0.17  and the lowest price was  0.11 . The daily volume was 22.9 K. The net trading volume on 10/04/2023 added to the next day price increase. The overall trading delta to closing price of the next trading day was 6.67% . The overall trading delta to current closing price is 13.33% .

Cheche Group Warrant 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 Warrant 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 ReportedProjected for Next Year
Common Stock Shares Outstanding75.4 M41.5 M

Cheche Group Quarterly Net Working Capital

294.77 Million

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.
A focus of Cheche Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cheche Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cheche Group Period Price Range

Low
November 29, 2024
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High

 0.00 

     

 0.00 

Cheche Group Warrant 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 29, 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 Warrant 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.

Additional 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.