Chongqing Machinery (Germany) Price on November 13, 2024
| CE3 Stock | EUR 0.08 0 1.20% |
If you're considering investing in Chongqing Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chongqing Machinery stands at 0.08, as last reported on the 18th of January 2025, with the highest price reaching 0.08 and the lowest price hitting 0.08 during the day. Chongqing Machinery appears to be out of control, given 3 months investment horizon. Chongqing Machinery secures Sharpe Ratio (or Efficiency) of 0.0742, which signifies that the company had a 0.0742% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Chongqing Machinery Electric, which you can use to evaluate the volatility of the firm. Please makes use of Chongqing Machinery's Risk Adjusted Performance of 0.0559, downside deviation of 4.11, and Mean Deviation of 2.6 to double-check if our risk estimates are consistent with your expectations.
Chongqing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chongqing |
Sharpe Ratio = 0.0742
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Estimated Market Risk
| 4.76 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Chongqing Machinery is performing at about 5% 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 Chongqing Machinery by adding it to a well-diversified portfolio.
Chongqing Machinery Valuation on November 13, 2024
It is possible to determine the worth of Chongqing Machinery on a given historical date. On November 13, 2024 Chongqing was worth 0.0775 at the beginning of the trading date compared to the closed value of 0.0775. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chongqing Machinery stock. Still, in general, we apply an absolute valuation method to find Chongqing Machinery'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 Chongqing Machinery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chongqing Machinery's related companies.
| Open | High | Low | Close | Volume | |
| 0.08 | 0.08 | 0.08 | 0.08 | 1.00 | |
11/13/2024 | 0.08 | 0.08 | 0.08 | 0.08 | 1.00 |
| 0.08 | 0.08 | 0.08 | 0.08 | 1.00 |
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Chongqing Machinery Trading Date Momentum on November 13, 2024
| On November 14 2024 Chongqing Machinery Electric was traded for 0.08 at the closing time. The highest daily price throughout the period was 0.08 and the lowest price was 0.08 . There was no trading activity during the period 1.0. Lack of trading volume on 11/14/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.29% . The overall trading delta to current closing price is 5.81% . |
Chongqing Machinery Fundamentals Correlations and Trends
By evaluating Chongqing Machinery'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 Chongqing Machinery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chongqing financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chongqing Machinery Stock history
Chongqing Machinery 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 Chongqing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chongqing Machinery 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 Chongqing Machinery stock prices may prove useful in developing a viable investing in Chongqing Machinery
Chongqing Machinery Electric Co., Ltd., together with its subsidiaries, manufactures and sells automobile parts and components, general machinery, CNC machine tools, and power equipment in the Peoples Republic of China and internationally. Chongqing Machinery Electric Co., Ltd. is a subsidiary of Chongqing Machinery and Electronics Holding Co., Ltd. Chongqing Machinery operates under Diversified Industrials classification in Germany and is traded on Frankfurt Stock Exchange. It employs 9124 people.
Chongqing Machinery Stock Technical Analysis
Chongqing Machinery 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
Chongqing Machinery Period Price Range
Low | January 18, 2025
| High |
0.00 | 0.00 |
Chongqing Machinery Electric 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.
Chongqing Machinery January 18, 2025 Market Strength
Market strength indicators help investors to evaluate how Chongqing Machinery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chongqing Machinery shares will generate the highest return on investment. By undertsting and applying Chongqing Machinery stock market strength indicators, traders can identify Chongqing Machinery Electric entry and exit signals to maximize returns
Chongqing Machinery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chongqing Machinery's price direction in advance. Along with the technical and fundamental analysis of Chongqing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chongqing 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 | 0.0559 | |||
| Jensen Alpha | 0.2504 | |||
| Total Risk Alpha | 0.2713 | |||
| Sortino Ratio | 0.0621 | |||
| Treynor Ratio | (0.49) |
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| Volume Indicators |
Complementary Tools for Chongqing Stock analysis
When running Chongqing Machinery's price analysis, check to measure Chongqing Machinery'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 Chongqing Machinery is operating at the current time. Most of Chongqing Machinery's value examination focuses on studying past and present price action to predict the probability of Chongqing Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chongqing Machinery's price. Additionally, you may evaluate how the addition of Chongqing Machinery to your portfolios can decrease your overall portfolio volatility.
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