China Molybdenum Co Stock Price on August 9, 2023
| CMCLF Stock | USD 0.70 0.06 7.89% |
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 Molybdenum stands at 0.70, as last reported on the 11th of December 2024, with the highest price reaching 0.78 and the lowest price hitting 0.70 during the day. At this point, China Molybdenum is abnormally volatile. China Molybdenum secures Sharpe Ratio (or Efficiency) of 0.0101, which signifies that the company had a 0.0101% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China Molybdenum Co, which you can use to evaluate the volatility of the firm. Please confirm China Molybdenum's Downside Deviation of 5.1, mean deviation of 3.61, and Risk Adjusted Performance of 0.029 to double-check if the risk estimate we provide is consistent with the expected return of 0.0492%.
China Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.0101
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| Negative Returns | CMCLF |
Estimated Market Risk
| 4.89 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China Molybdenum 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 Molybdenum by adding China Molybdenum to a well-diversified portfolio.
China Molybdenum Valuation on August 9, 2023
It is possible to determine the worth of China Molybdenum on a given historical date. On August 9, 2023 China was worth 0.61 at the beginning of the trading date compared to the closed value of 0.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Molybdenum pink sheet. Still, in general, we apply an absolute valuation method to find China Molybdenum'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 Molybdenum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Molybdenum's related companies.
| Open | High | Low | Close | Volume | |
| 0.63 | 0.66 | 0.61 | 0.66 | 12,200 | |
08/09/2023 | 0.61 | 0.61 | 0.61 | 0.61 | 1,200 |
| 0.64 | 0.64 | 0.64 | 0.64 | 97,355 |
| Backtest China Molybdenum | | | China Molybdenum History | | | China Molybdenum Valuation | Previous | Next |
China Molybdenum Trading Date Momentum on August 9, 2023
| On August 10 2023 China Molybdenum Co was traded for 0.64 at the closing time. The highest daily price throughout the period was 0.64 and the lowest price was 0.64 . The daily volume was 97.4 K. The net trading volume on 08/10/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 4.92% . The overall trading delta to current closing price is 3.28% . |
China Molybdenum Fundamentals Correlations and Trends
By evaluating China Molybdenum'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 Molybdenum'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 Molybdenum Pink Sheet history
China Molybdenum 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 Molybdenum 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 Molybdenum stock prices may prove useful in developing a viable investing in China Molybdenum
CMOC Group Limited, together with its subsidiaries, engages in the mining, beneficiation, smelting, refining, and trading of copper, cobalt, molybdenum, tungsten, niobium, phosphates, and other base and rare metals. CMOC Group Limited was incorporated in 2006 and is based in Luoyang, the Peoples Republic of China. China Molybdenum operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 11472 people.
China Molybdenum Pink Sheet Technical Analysis
China Molybdenum 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 Molybdenum Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
China Molybdenum Co 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 Molybdenum December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how China Molybdenum 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 Molybdenum shares will generate the highest return on investment. By undertsting and applying China Molybdenum pink sheet market strength indicators, traders can identify China Molybdenum Co entry and exit signals to maximize returns
China Molybdenum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Molybdenum'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 | 0.029 | |||
| Jensen Alpha | 0.0249 | |||
| Total Risk Alpha | (0.65) | |||
| Sortino Ratio | 0.0029 | |||
| Treynor Ratio | 0.1418 |
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| Volume Indicators |
Complementary Tools for China Pink Sheet analysis
When running China Molybdenum's price analysis, check to measure China Molybdenum'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 Molybdenum is operating at the current time. Most of China Molybdenum's value examination focuses on studying past and present price action to predict the probability of China Molybdenum'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 Molybdenum's price. Additionally, you may evaluate how the addition of China Molybdenum to your portfolios can decrease your overall portfolio volatility.
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