China Mobile (Germany) Price on November 11, 2024
| CHL Stock | EUR 1.88 0.03 1.62% |
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Mobile stands at 1.88, as last reported on the 14th of December 2024, with the highest price reaching 1.88 and the lowest price hitting 1.88 during the day. China Mobile appears to be dangerous, given 3 months investment horizon. China Life Insurance secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. By analyzing China Mobile's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please makes use of China Mobile's Risk Adjusted Performance of 0.131, mean deviation of 3.15, and Downside Deviation of 4.55 to double-check if our risk estimates are consistent with your expectations.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.1761
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CHL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.9 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.86 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average China Mobile is performing at about 13% 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 Mobile by adding it to a well-diversified portfolio.
China Mobile Valuation on November 11, 2024
It is possible to determine the worth of China Mobile on a given historical date. On November 11, 2024 China was worth 1.97 at the beginning of the trading date compared to the closed value of 1.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Mobile stock. Still, in general, we apply an absolute valuation method to find China Mobile'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 Mobile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Mobile's related companies.
| Open | High | Low | Close | Volume | |
| 2.04 | 2.10 | 2.04 | 2.04 | 100.00 | |
11/11/2024 | 1.97 | 1.97 | 1.97 | 1.97 | 1.00 |
| 1.85 | 1.85 | 1.85 | 1.85 | 1.00 |
| Backtest China Mobile | | | China Mobile History | | | China Mobile Valuation | Previous | Next |
China Mobile Trading Date Momentum on November 11, 2024
| On November 12 2024 China Life Insurance was traded for 1.85 at the closing time. The highest daily price throughout the period was 1.85 and the lowest price was 1.85 . There was no trading activity during the period 1.0. Lack of trading volume on 11/12/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 6.09% . The overall trading delta to current closing price is 5.58% . |
China Life Insurance Fundamentals Correlations and Trends
By evaluating China Mobile'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 Mobile'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 Mobile Stock history
China Mobile 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 Life Insurance 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 Mobile stock prices may prove useful in developing a viable investing in China Mobile
China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the Peoples Republic of China. China Life Insurance Company Limited is a subsidiary of China Life Insurance Company Limited. China Mobile operates under Insurance - Life classification in Germany and is traded on Frankfurt Stock Exchange. It employs 102817 people.
China Mobile Stock Technical Analysis
China Mobile 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, stock market cycles, or different charting patterns.
Price Boundaries
China Mobile Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
China Life Insurance cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 Mobile December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how China Mobile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Mobile shares will generate the highest return on investment. By undertsting and applying China Mobile stock market strength indicators, traders can identify China Life Insurance entry and exit signals to maximize returns
China Mobile Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Mobile's price direction in advance. Along with the technical and fundamental analysis of China Stock 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 | 0.131 | |||
| Jensen Alpha | 0.7663 | |||
| Total Risk Alpha | 0.2081 | |||
| Sortino Ratio | 0.1593 | |||
| Treynor Ratio | 1.52 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Mobile's price analysis, check to measure China Mobile'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 Mobile is operating at the current time. Most of China Mobile's value examination focuses on studying past and present price action to predict the probability of China Mobile'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 Mobile's price. Additionally, you may evaluate how the addition of China Mobile to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |