CITIC (Germany) Price on November 13, 2024
| CPF0 Stock | EUR 5.05 0.15 2.88% |
If you're considering investing in CITIC Stock, it is important to understand the factors that can impact its price. As of today, the current price of CITIC stands at 5.05, as last reported on the 30th of November, with the highest price reaching 5.05 and the lowest price hitting 5.05 during the day. CITIC appears to be slightly risky, given 3 months investment horizon. CITIC LTD ADR5 secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for CITIC LTD ADR5, which you can use to evaluate the volatility of the firm. Please makes use of CITIC's mean deviation of 2.03, and Risk Adjusted Performance of 0.0854 to double-check if our risk estimates are consistent with your expectations.
CITIC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CITIC |
Sharpe Ratio = 0.1297
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CPF0 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average CITIC is performing at about 10% 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 CITIC by adding it to a well-diversified portfolio.
CITIC Valuation on November 13, 2024
It is possible to determine the worth of CITIC on a given historical date. On November 13, 2024 CITIC was worth 5.25 at the beginning of the trading date compared to the closed value of 5.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CITIC stock. Still, in general, we apply an absolute valuation method to find CITIC'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 CITIC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CITIC's related companies.
| Open | High | Low | Close | Volume | |
| 5.25 | 5.25 | 5.25 | 5.25 | 1.00 | |
11/13/2024 | 5.25 | 5.25 | 5.25 | 5.25 | 1.00 |
| 5.10 | 5.10 | 5.10 | 5.10 | 1.00 |
| Backtest CITIC | | | CITIC History | | | CITIC Valuation | Previous | Next |
CITIC Trading Date Momentum on November 13, 2024
| On November 14 2024 CITIC LTD ADR5 was traded for 5.10 at the closing time. The maximum traded price for the trading interval was 5.10 and the lowest daily price was 5.10 . There was no trading activity during the period 1.0. Lack of trading volume on 14th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.86% . The overall trading delta to the closing price today is 1.90% . |
CITIC LTD ADR5 Fundamentals Correlations and Trends
By evaluating CITIC'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 CITIC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CITIC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CITIC Stock history
CITIC 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 CITIC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CITIC LTD ADR5 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 CITIC stock prices may prove useful in developing a viable investing in CITIC
CITIC Limited operates in the financial services, resources and energy, manufacturing, engineering contracting, and real estate businesses in China and internationally. The company was founded in 1987 and is headquartered in Beijing, China. CITIC operates under Conglomerates classification in Germany and is traded on Frankfurt Stock Exchange. It employs 135304 people.
CITIC Stock Technical Analysis
CITIC 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
CITIC Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
CITIC LTD ADR5 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.
CITIC November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how CITIC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CITIC shares will generate the highest return on investment. By undertsting and applying CITIC stock market strength indicators, traders can identify CITIC LTD ADR5 entry and exit signals to maximize returns
CITIC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CITIC's price direction in advance. Along with the technical and fundamental analysis of CITIC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CITIC 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 | 0.0854 | |||
| Jensen Alpha | 0.2009 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.061 | |||
| Treynor Ratio | 0.3864 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for CITIC Stock analysis
When running CITIC's price analysis, check to measure CITIC'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 CITIC is operating at the current time. Most of CITIC's value examination focuses on studying past and present price action to predict the probability of CITIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CITIC's price. Additionally, you may evaluate how the addition of CITIC to your portfolios can decrease your overall portfolio volatility.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |