Cspc Pharmaceutical Group Stock Price on October 28, 2024
| CHJTF Stock | USD 0.67 0.16 19.28% |
If you're considering investing in CSPC Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of CSPC Pharmaceutical stands at 0.67, as last reported on the 28th of November, with the highest price reaching 0.67 and the lowest price hitting 0.67 during the day. CSPC Pharmaceutical appears to be out of control, given 3 months investment horizon. CSPC Pharmaceutical secures Sharpe Ratio (or Efficiency) of 0.0473, which signifies that the company had a 0.0473% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for CSPC Pharmaceutical Group, which you can use to evaluate the volatility of the firm. Please makes use of CSPC Pharmaceutical's mean deviation of 2.17, and Risk Adjusted Performance of 0.0468 to double-check if our risk estimates are consistent with your expectations.
CSPC Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
CSPC |
Sharpe Ratio = 0.0473
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Estimated Market Risk
| 7.88 actual daily | 70 70% of assets are less volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average CSPC Pharmaceutical is performing at about 3% 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 CSPC Pharmaceutical by adding it to a well-diversified portfolio.
CSPC Pharmaceutical Valuation on October 28, 2024
It is possible to determine the worth of CSPC Pharmaceutical on a given historical date. On October 28, 2024 CSPC was worth 0.81 at the beginning of the trading date compared to the closed value of 0.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CSPC Pharmaceutical pink sheet. Still, in general, we apply an absolute valuation method to find CSPC Pharmaceutical'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 CSPC Pharmaceutical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CSPC Pharmaceutical's related companies.
| Open | High | Low | Close | Volume | |
| 0.81 | 0.81 | 0.81 | 0.81 | 1.00 | |
10/28/2024 | 0.81 | 0.81 | 0.81 | 0.81 | 1.00 |
| 0.81 | 0.81 | 0.81 | 0.81 | 1.00 |
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CSPC Pharmaceutical Trading Date Momentum on October 28, 2024
| On October 29 2024 CSPC Pharmaceutical Group was traded for 0.81 at the closing time. The highest daily price throughout the period was 0.81 and the lowest price was 0.81 . There was no trading activity during the period 1.0. Lack of trading volume on 10/29/2024 did not affect price variability. The overall trading delta to current closing price is 2.47% . |
CSPC Pharmaceutical Fundamentals Correlations and Trends
By evaluating CSPC Pharmaceutical'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 CSPC Pharmaceutical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CSPC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CSPC Pharmaceutical Pink Sheet history
CSPC Pharmaceutical 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 CSPC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CSPC Pharmaceutical 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 CSPC Pharmaceutical stock prices may prove useful in developing a viable investing in CSPC Pharmaceutical
CSPC Pharmaceutical Group Limited, an investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical products in the Peoples Republic of China, other Asian regions, the Americas, Europe, and internationally. CSPC Pharmaceutical Group Limited was incorporated in 1992 and is headquartered in Shijiazhuang, the Peoples Republic of China. Cspc Pharmaceuticals operates under Drug ManufacturersGeneral classification in the United States and is traded on OTC Exchange. It employs 25147 people.
CSPC Pharmaceutical Pink Sheet Technical Analysis
CSPC Pharmaceutical 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
CSPC Pharmaceutical Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
CSPC Pharmaceutical Group 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.
CSPC Pharmaceutical November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how CSPC Pharmaceutical 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 CSPC Pharmaceutical shares will generate the highest return on investment. By undertsting and applying CSPC Pharmaceutical pink sheet market strength indicators, traders can identify CSPC Pharmaceutical Group entry and exit signals to maximize returns
CSPC Pharmaceutical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CSPC Pharmaceutical's price direction in advance. Along with the technical and fundamental analysis of CSPC Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of CSPC 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 | 0.0468 | |||
| Jensen Alpha | 0.3895 | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | (2.34) |
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| Volume Indicators |
Complementary Tools for CSPC Pink Sheet analysis
When running CSPC Pharmaceutical's price analysis, check to measure CSPC Pharmaceutical'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 CSPC Pharmaceutical is operating at the current time. Most of CSPC Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of CSPC Pharmaceutical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSPC Pharmaceutical's price. Additionally, you may evaluate how the addition of CSPC Pharmaceutical to your portfolios can decrease your overall portfolio volatility.
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