China Mengniu Dairy Stock Price on December 1, 2024
CIADF Stock | USD 1.48 0.00 0.00% |
If you're considering investing in China Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of China Mengniu stands at 1.48, as last reported on the 1st of December, with the highest price reaching 1.48 and the lowest price hitting 1.48 during the day. China Mengniu Dairy secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. China Mengniu Dairy exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Mengniu's Standard Deviation of 0.1641, mean deviation of 0.0398, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide.
China Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = -0.125
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Estimated Market Risk
0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China Mengniu 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 China Mengniu by adding China Mengniu to a well-diversified portfolio.
China Mengniu Valuation on December 1, 2024
It is possible to determine the worth of China Mengniu on a given historical date. On December 1, 2024 China was worth 1.48 at the beginning of the trading date compared to the closed value of 1.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Mengniu pink sheet. Still, in general, we apply an absolute valuation method to find China Mengniu'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 Mengniu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Mengniu's related companies.
Open | High | Low | Close | Volume | |
1.48 | 1.48 | 1.48 | 1.48 | 1.00 | |
12/01/2024 | 1.48 | 1.48 | 1.48 | 1.48 | 0.00 |
Backtest China Mengniu | | | China Mengniu History | | | China Mengniu Valuation | Previous |
China Mengniu Trading Date Momentum on December 1, 2024
On December 01 2024 China Mengniu Dairy was traded for 1.48 at the closing time. The highest daily price throughout the period was 1.48 and the lowest price was 1.48 . There was no trading activity during the period 0.0. Lack of trading volume on 12/01/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
China Mengniu Dairy Fundamentals Correlations and Trends
By evaluating China Mengniu'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 Mengniu'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 Mengniu Pink Sheet history
China Mengniu 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 Mengniu Dairy 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 Mengniu stock prices may prove useful in developing a viable investing in China Mengniu
China Mengniu Dairy Company Limited, an investment holding company, produces and distributes dairy products in the Peoples Republic of China and internationally. China Mengniu Dairy Company Limited was founded in 1999 and is based in Causeway Bay, Hong Kong. China Mengniu operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 44277 people.
China Mengniu Pink Sheet Technical Analysis
China Mengniu 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
China Mengniu Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
China Mengniu Dairy 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.
China Mengniu December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how China Mengniu 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 China Mengniu shares will generate the highest return on investment. By undertsting and applying China Mengniu pink sheet market strength indicators, traders can identify China Mengniu Dairy entry and exit signals to maximize returns
China Mengniu Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Mengniu's price direction in advance. Along with the technical and fundamental analysis of China Pink Sheet 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 | (0.13) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | (2.36) |
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Volume Indicators |
Complementary Tools for China Pink Sheet analysis
When running China Mengniu's price analysis, check to measure China Mengniu'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 Mengniu is operating at the current time. Most of China Mengniu's value examination focuses on studying past and present price action to predict the probability of China Mengniu'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 Mengniu's price. Additionally, you may evaluate how the addition of China Mengniu to your portfolios can decrease your overall portfolio volatility.
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