China CITIC Bank Price on July 28, 2023
CHBJFDelisted Stock | USD 0.59 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 CITIC stands at 0.59, as last reported on the 26th of November, with the highest price reaching 0.59 and the lowest price hitting 0.59 during the day. We have found sixteen technical indicators for China CITIC Bank, which you can use to evaluate the volatility of the firm. Please confirm China CITIC's Mean Deviation of 1.12, standard deviation of 3.9, and Risk Adjusted Performance of 0.1215 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
China Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.0
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Based on monthly moving average China CITIC 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 China CITIC by adding China CITIC to a well-diversified portfolio.
China CITIC Valuation on July 28, 2023
It is possible to determine the worth of China CITIC on a given historical date. On July 28, 2023 China was worth 0.47 at the beginning of the trading date compared to the closed value of 0.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China CITIC pink sheet. Still, in general, we apply an absolute valuation method to find China CITIC'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 CITIC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China CITIC's related companies.
Open | High | Low | Close | Volume | |
0.53 | 0.53 | 0.53 | 0.53 | 1.00 | |
07/28/2023 | 0.47 | 0.47 | 0.47 | 0.47 | 1,860 |
0.47 | 0.47 | 0.47 | 0.47 | 1.00 |
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China CITIC Trading Date Momentum on July 28, 2023
On July 31 2023 China CITIC Bank was traded for 0.47 at the closing time. The highest daily price throughout the period was 0.47 and the lowest price was 0.47 . There was no trading activity during the period 1.0. Lack of trading volume on 07/31/2023 did not affect price variability. The overall trading delta to current closing price is 2.13% . |
China CITIC Bank Fundamentals Correlations and Trends
By evaluating China CITIC'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 CITIC'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 CITIC Pink Sheet history
China CITIC 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 CITIC Bank 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 CITIC stock prices may prove useful in developing a viable investing in China CITIC
China CITIC Bank Corporation Limited provides various banking products and services in the Peoples Republic of China and internationally. China CITIC Bank Corporation Limited operates as a subsidiary of CITIC Corporation Limited. China Citic operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 58449 people.
China CITIC Pink Sheet Technical Analysis
China CITIC 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 CITIC Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
China CITIC Bank 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 CITIC November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how China CITIC 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 CITIC shares will generate the highest return on investment. By undertsting and applying China CITIC pink sheet market strength indicators, traders can identify China CITIC Bank entry and exit signals to maximize returns
China CITIC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China CITIC'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 | 0.1215 | |||
Jensen Alpha | 0.5681 | |||
Total Risk Alpha | (0.04) | |||
Treynor Ratio | 63.95 |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in China Pink Sheet
If you are still planning to invest in China CITIC Bank check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the China CITIC's history and understand the potential risks before investing.
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