China Construction Bank Stock Price on October 23, 2024

CICHY Stock  USD 15.10  0.21  1.41%   
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 Construction stands at 15.10, as last reported on the 29th of November, with the highest price reaching 15.18 and the lowest price hitting 15.08 during the day. At this stage we consider China Pink Sheet to be not too volatile. China Construction Bank secures Sharpe Ratio (or Efficiency) of 0.0795, which signifies that the company had a 0.0795% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for China Construction Bank, which you can use to evaluate the volatility of the firm. Please confirm China Construction's Downside Deviation of 2.2, mean deviation of 1.76, and Risk Adjusted Performance of 0.0235 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
  
China Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0795

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Estimated Market Risk

 2.34
  actual daily
20
80% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average China Construction is performing at about 6% 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 Construction by adding it to a well-diversified portfolio.

China Construction Valuation on October 23, 2024

It is possible to determine the worth of China Construction on a given historical date. On October 23, 2024 China was worth 15.48 at the beginning of the trading date compared to the closed value of 15.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Construction pink sheet. Still, in general, we apply an absolute valuation method to find China Construction'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 Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Construction's related companies.
 Open High Low Close Volume
  15.67    15.67    15.67    15.67    24,338  
10/23/2024
  15.48    15.72    15.39    15.55    42,000  
  15.70    15.72    15.59    15.65    185,200  
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Open Value
15.48
15.55
Closing Value
22.51
Upside

China Construction Trading Date Momentum on October 23, 2024

On October 24 2024 China Construction Bank was traded for  15.65  at the closing time. The highest daily price throughout the period was 15.72  and the lowest price was  15.59 . The daily volume was 185.2 K. The net trading volume on 10/24/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.64% . The overall trading delta to current closing price is 0.71% .

China Construction Bank Fundamentals Correlations and Trends

By evaluating China Construction'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 Construction'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 Construction Pink Sheet history

China Construction 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 Construction Bank 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 Construction stock prices may prove useful in developing a viable investing in China Construction
China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the Peoples Republic of China and internationally. China Construction Bank Corporation was founded in 1954 and is headquartered in Beijing, the Peoples Republic of China. China Construction operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 371293 people.

China Construction Pink Sheet Technical Analysis

China Construction 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.
A focus of China Construction technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Construction trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

China Construction Period Price Range

Low
November 29, 2024
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High

 0.00 

     

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China Construction Bank 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 Construction November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how China Construction 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 Construction shares will generate the highest return on investment. By undertsting and applying China Construction pink sheet market strength indicators, traders can identify China Construction Bank entry and exit signals to maximize returns

China Construction Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for China Construction'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.

Additional Tools for China Pink Sheet Analysis

When running China Construction's price analysis, check to measure China Construction'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 Construction is operating at the current time. Most of China Construction's value examination focuses on studying past and present price action to predict the probability of China Construction'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 Construction's price. Additionally, you may evaluate how the addition of China Construction to your portfolios can decrease your overall portfolio volatility.