China Shenhua Energy Stock Price on June 7, 2024
CSUAY Stock | USD 16.65 0.13 0.79% |
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 Shenhua stands at 16.65, as last reported on the 28th of November, with the highest price reaching 16.65 and the lowest price hitting 16.65 during the day. China Shenhua Energy secures Sharpe Ratio (or Efficiency) of -0.008, which signifies that the company had a -0.008% return per unit of risk over the last 3 months. China Shenhua Energy exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Shenhua's Standard Deviation of 2.76, risk adjusted performance of 0.0011, and Mean Deviation of 1.94 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 = -0.008
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Estimated Market Risk
2.76 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.02 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 Shenhua 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 Shenhua by adding China Shenhua to a well-diversified portfolio.
China Shenhua Valuation on June 7, 2024
It is possible to determine the worth of China Shenhua on a given historical date. On June 7, 2024 China was worth 18.78 at the beginning of the trading date compared to the closed value of 18.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Shenhua pink sheet. Still, in general, we apply an absolute valuation method to find China Shenhua'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 Shenhua where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Shenhua's related companies.
Open | High | Low | Close | Volume | |
18.71 | 18.76 | 18.68 | 18.74 | 28,511 | |
06/07/2024 | 18.78 | 18.92 | 18.74 | 18.77 | 21,042 |
19.59 | 19.59 | 18.76 | 18.87 | 2,498 |
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China Shenhua Trading Date Momentum on June 7, 2024
On June 10 2024 China Shenhua Energy was traded for 18.87 at the closing time. The highest daily price throughout the period was 19.59 and the lowest price was 18.76 . The daily volume was 2.5 K. The net trading volume on 06/10/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.53% . The overall trading delta to current closing price is 1.60% . |
China Shenhua Energy Fundamentals Correlations and Trends
By evaluating China Shenhua'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 Shenhua'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 Shenhua Pink Sheet history
China Shenhua 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 Shenhua Energy 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 Shenhua stock prices may prove useful in developing a viable investing in China Shenhua
China Shenhua Energy Company Limited and its subsidiaries engage in the production and sales of coal and power railway, port, and shipping transportation and coal-to-olefins businesses in the Peoples Republic of China and internationally. China Shenhua Energy Company Limited is a subsidiary of China Energy Investment Corporation Limited. China Shenhua operates under Thermal Coal classification in the United States and is traded on OTC Exchange. It employs 77872 people.
China Shenhua Pink Sheet Technical Analysis
China Shenhua 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 Shenhua Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
China Shenhua Energy 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 Shenhua November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how China Shenhua 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 Shenhua shares will generate the highest return on investment. By undertsting and applying China Shenhua pink sheet market strength indicators, traders can identify China Shenhua Energy entry and exit signals to maximize returns
China Shenhua Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Shenhua'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 | 0.0011 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.45) | |||
Treynor Ratio | 0.4284 |
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Pattern Recognition | ||
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Volume Indicators |
Additional Tools for China Pink Sheet Analysis
When running China Shenhua's price analysis, check to measure China Shenhua'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 Shenhua is operating at the current time. Most of China Shenhua's value examination focuses on studying past and present price action to predict the probability of China Shenhua'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 Shenhua's price. Additionally, you may evaluate how the addition of China Shenhua to your portfolios can decrease your overall portfolio volatility.