China Everbright Limited Stock Price on March 7, 2023
| CEVIF Stock | USD 0.68 0.00 0.00% |
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 Everbright stands at 0.68, as last reported on the 2nd of December, with the highest price reaching 0.68 and the lowest price hitting 0.68 during the day. China Everbright appears to be out of control, given 3 months investment horizon. China Everbright 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 Everbright's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of China Everbright's Mean Deviation of 1.45, standard deviation of 4.79, and Risk Adjusted Performance of 0.0886 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 = 0.1344
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Estimated Market Risk
| 4.75 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average China Everbright 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 Everbright by adding it to a well-diversified portfolio.
China Everbright Valuation on March 7, 2023
It is possible to determine the worth of China Everbright on a given historical date. On March 7, 2023 China was worth 0.75 at the beginning of the trading date compared to the closed value of 0.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Everbright pink sheet. Still, in general, we apply an absolute valuation method to find China Everbright'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 Everbright where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Everbright's related companies.
| Open | High | Low | Close | Volume | |
| 0.75 | 0.75 | 0.75 | 0.75 | 1.00 | |
03/07/2023 | 0.75 | 0.75 | 0.75 | 0.75 | 1.00 |
| 0.75 | 0.75 | 0.75 | 0.75 | 1.00 |
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China Everbright Trading Date Momentum on March 7, 2023
| On March 08 2023 China Everbright Limited was traded for 0.75 at the closing time. The highest daily price throughout the period was 0.75 and the lowest price was 0.75 . There was no trading activity during the period 1.0. Lack of trading volume on 03/08/2023 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
China Everbright Fundamentals Correlations and Trends
By evaluating China Everbright'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 Everbright'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 Everbright Pink Sheet history
China Everbright 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 Everbright 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 Everbright stock prices may prove useful in developing a viable investing in China Everbright
China Everbright Limited, through its subsidiaries, engages in the investment activities and provision of financial services in Hong Kong and Mainland China. China Everbright Limited is a subsidiary of Honorich Holdings Limited. China Everbright operates under Asset Management classification in the United States and is traded on OTC Exchange. It employs 273 people.
China Everbright Pink Sheet Technical Analysis
China Everbright 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 Everbright Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
China Everbright Limited 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 Everbright December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how China Everbright 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 Everbright shares will generate the highest return on investment. By undertsting and applying China Everbright pink sheet market strength indicators, traders can identify China Everbright Limited entry and exit signals to maximize returns
China Everbright Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Everbright'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 | 0.0886 | |||
| Jensen Alpha | 0.4642 | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 2.24 |
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| Volume Indicators |
Complementary Tools for China Pink Sheet analysis
When running China Everbright's price analysis, check to measure China Everbright'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 Everbright is operating at the current time. Most of China Everbright's value examination focuses on studying past and present price action to predict the probability of China Everbright'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 Everbright's price. Additionally, you may evaluate how the addition of China Everbright to your portfolios can decrease your overall portfolio volatility.
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