China Fund Price on April 10, 2024
| CHN Fund | USD 12.68 0.13 1.01% |
Below is the normalized historical share price chart for China Fund extending back to July 10, 1992. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of China Fund stands at 12.68, as last reported on the 11th of December 2024, with the highest price reaching 13.03 and the lowest price hitting 12.42 during the day.
If you're considering investing in China Fund, it is important to understand the factors that can impact its price. China Fund appears to be somewhat reliable, given 3 months investment horizon. China Fund secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16% return per unit of risk over the last 3 months. By analyzing China Fund's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please makes use of China Fund's Risk Adjusted Performance of 0.1201, mean deviation of 2.06, and Downside Deviation of 2.51 to double-check if our risk estimates are consistent with your expectations.
China Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.1635
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CHN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.04 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average China Fund is performing at about 12% 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 Fund by adding it to a well-diversified portfolio.
Market Capitalization 145.9 M |
China Fund Valuation on April 10, 2024
It is possible to determine the worth of China Fund on a given historical date. On April 10, 2024 China was worth 10.03 at the beginning of the trading date compared to the closed value of 9.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Fund fund. Still, in general, we apply an absolute valuation method to find China Fund'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 Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Fund's related companies.
| Open | High | Low | Close | Volume | |
| 10.12 | 10.16 | 10.11 | 10.13 | 8,792 | |
04/10/2024 | 10.03 | 10.12 | 9.94 | 9.95 | 33,187 |
| 9.98 | 10.06 | 9.98 | 10.00 | 20,048 |
| Backtest China Fund | | | China Fund History | | | China Fund Valuation | Previous | Next |
China Fund Trading Date Momentum on April 10, 2024
| On April 11 2024 China Fund was traded for 10.00 at the closing time. Highest China Fund's price during the trading hours was 10.06 and the lowest price during the day was 9.98 . The net volume was 20 K. The overall trading history on the 11th of April 2024 contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.50% . The overall trading delta to current price is 2.11% . |
China Fund Fundamentals Correlations and Trends
By evaluating China Fund'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 Fund'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 Fund Fund history
China Fund 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 Fund 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 Fund stock prices may prove useful in developing a viable investing in China Fund
The China Fund, Inc. is a closed ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of China that includes the Peoples Republic of China, Hong Kong, and Taiwan. The fund invests in stocks of companies operating across diversified sectors. It employs a combination of fundamental analysis with bottom-up approach and quantitative analysis to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the MSCI Golden Dragon Index. The China Fund, Inc. was formed on April 28, 1992 and is domiciled in the United States.
China Fund Fund Technical Analysis
China Fund technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
China Fund Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
China Fund cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Fund December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how China Fund fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Fund shares will generate the highest return on investment. By undertsting and applying China Fund fund market strength indicators, traders can identify China Fund entry and exit signals to maximize returns
China Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Fund's price direction in advance. Along with the technical and fundamental analysis of China Fund 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 | 0.1201 | |||
| Jensen Alpha | 0.4696 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1355 | |||
| Treynor Ratio | (3.36) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in China Fund
China Fund financial ratios help investors to determine whether China Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in China with respect to the benefits of owning China Fund security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |