China Aircraft Leasing Stock Price on August 3, 2023
| CFRLF Stock | USD 0.40 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 Aircraft stands at 0.40, as last reported on the 22nd of November, with the highest price reaching 0.40 and the lowest price hitting 0.40 during the day. China Aircraft appears to be out of control, given 3 months investment horizon. China Aircraft Leasing secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. By analyzing China Aircraft's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please makes use of China Aircraft's Standard Deviation of 4.64, mean deviation of 1.23, and Risk Adjusted Performance of 0.0945 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 = 0.1156
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Estimated Market Risk
| 4.75 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average China Aircraft is performing at about 9% 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 Aircraft by adding it to a well-diversified portfolio.
China Aircraft Valuation on August 3, 2023
It is possible to determine the worth of China Aircraft on a given historical date. On August 3, 2023 China was worth 0.19 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Aircraft pink sheet. Still, in general, we apply an absolute valuation method to find China Aircraft'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 Aircraft where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Aircraft's related companies.
| Open | High | Low | Close | Volume | |
| 0.19 | 0.19 | 0.19 | 0.19 | 1.00 | |
08/03/2023 | 0.19 | 0.19 | 0.19 | 0.19 | 1.00 |
| 0.19 | 0.19 | 0.19 | 0.19 | 1.00 |
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China Aircraft Trading Date Momentum on August 3, 2023
| On August 04 2023 China Aircraft Leasing was traded for 0.19 at the closing time. The highest daily price throughout the period was 0.19 and the lowest price was 0.19 . There was no trading activity during the period 1.0. Lack of trading volume on 08/04/2023 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
China Aircraft Leasing Fundamentals Correlations and Trends
By evaluating China Aircraft'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 Aircraft'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 Aircraft Pink Sheet history
China Aircraft 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 Aircraft Leasing 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 Aircraft stock prices may prove useful in developing a viable investing in China Aircraft
China Aircraft Leasing Group Holdings Limited, an investment holding company, provides aircraft leasing services to airline companies primarily in Mainland China and internationally. China Aircraft Leasing Group Holdings Limited was founded in 2006 and is headquartered in Admiralty, Hong Kong. China Aircraft operates under Rental Leasing Services classification in the United States and is traded on OTC Exchange. It employs 156 people.
China Aircraft Pink Sheet Technical Analysis
China Aircraft 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 Aircraft Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
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China Aircraft November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how China Aircraft 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 Aircraft shares will generate the highest return on investment. By undertsting and applying China Aircraft pink sheet market strength indicators, traders can identify China Aircraft Leasing entry and exit signals to maximize returns
China Aircraft Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Aircraft'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 | 0.0945 | |||
| Jensen Alpha | 0.6382 | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.41) |
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| Volume Indicators |
Complementary Tools for China Pink Sheet analysis
When running China Aircraft's price analysis, check to measure China Aircraft'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 Aircraft is operating at the current time. Most of China Aircraft's value examination focuses on studying past and present price action to predict the probability of China Aircraft'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 Aircraft's price. Additionally, you may evaluate how the addition of China Aircraft to your portfolios can decrease your overall portfolio volatility.
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