Chenghe Acquisition Co Price on May 23, 2023
CHEADelisted Stock | USD 10.82 0.02 0.18% |
If you're considering investing in Chenghe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chenghe Acquisition stands at 10.82, as last reported on the 27th of November, with the highest price reaching 10.85 and the lowest price hitting 10.69 during the day. We have found twenty-nine technical indicators for Chenghe Acquisition Co, which you can use to evaluate the volatility of the firm. Please confirm Chenghe Acquisition's mean deviation of 0.0904, and Risk Adjusted Performance of 0.217 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Chenghe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Chenghe Acquisition 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 Chenghe Acquisition by adding Chenghe Acquisition to a well-diversified portfolio.
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Chenghe Acquisition Valuation on May 23, 2023
It is possible to determine the worth of Chenghe Acquisition on a given historical date. On May 23, 2023 Chenghe was worth 10.62 at the beginning of the trading date compared to the closed value of 10.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chenghe Acquisition stock. Still, in general, we apply an absolute valuation method to find Chenghe Acquisition'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 Chenghe Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chenghe Acquisition's related companies.
Open | High | Low | Close | Volume | |
10.61 | 10.61 | 10.61 | 10.61 | 201.00 | |
05/23/2023 | 10.62 | 10.62 | 10.62 | 10.62 | 50,001 |
10.62 | 10.62 | 10.62 | 10.62 | 3.00 |
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Chenghe Acquisition Trading Date Momentum on May 23, 2023
On May 24 2023 Chenghe Acquisition Co was traded for 10.62 at the closing time. The top price for the day was 10.62 and the lowest listed price was 10.62 . There was no trading activity during the period 3.0. Lack of trading volume on May 24, 2023 did not affect price variability. The overall trading delta against the current closing price is 0.28% . |
Chenghe Acquisition Fundamentals Correlations and Trends
By evaluating Chenghe Acquisition'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 Chenghe Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chenghe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chenghe Acquisition Stock history
Chenghe Acquisition 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 Chenghe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chenghe Acquisition 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 Chenghe Acquisition stock prices may prove useful in developing a viable investing in Chenghe Acquisition
Chenghe Acquisition Co. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of financial technology or technology-enabled financial service companies, including artificial intelligence, big data, and cloud and blockchain-related initiatives in Asian markets. Chenghe Acquisition is traded on NASDAQ Exchange in the United States.
Chenghe Acquisition Stock Technical Analysis
Chenghe Acquisition 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Chenghe Acquisition Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Chenghe Acquisition Co 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.
Chenghe Acquisition November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Chenghe Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chenghe Acquisition shares will generate the highest return on investment. By undertsting and applying Chenghe Acquisition stock market strength indicators, traders can identify Chenghe Acquisition Co entry and exit signals to maximize returns
Chenghe Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chenghe Acquisition's price direction in advance. Along with the technical and fundamental analysis of Chenghe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chenghe 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 | 0.217 | |||
Jensen Alpha | 0.0379 | |||
Total Risk Alpha | 0.0167 | |||
Sortino Ratio | (0.42) | |||
Treynor Ratio | 2.41 |
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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 income. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Consideration for investing in Chenghe Stock
If you are still planning to invest in Chenghe Acquisition 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 Chenghe Acquisition's history and understand the potential risks before investing.
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