Chenghe Acquisition Co Price on December 18, 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 30th 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.
Chenghe |
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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 30, 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 30, 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 | 0.0383 | |||
Total Risk Alpha | 0.0153 | |||
Sortino Ratio | (0.46) | |||
Treynor Ratio | 3.2 |
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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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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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