Concord New Energy Stock Price on June 3, 2024

CWPWF Stock  USD 0.07  0.00  0.00%   
If you're considering investing in Concord Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Concord New stands at 0.07, as last reported on the 29th of November, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. Concord New Energy secures Sharpe Ratio (or Efficiency) of -0.0347, which signifies that the company had a -0.0347% return per unit of risk over the last 3 months. Concord New Energy exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Concord New's Standard Deviation of 3.72, mean deviation of 0.7537, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
  
Concord Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0347

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsCWPWF

Estimated Market Risk

 3.81
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Concord New 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 Concord New by adding Concord New to a well-diversified portfolio.

Concord New Valuation on June 3, 2024

It is possible to determine the worth of Concord New on a given historical date. On June 3, 2024 Concord was worth 0.076 at the beginning of the trading date compared to the closed value of 0.076. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Concord New pink sheet. Still, in general, we apply an absolute valuation method to find Concord New'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 Concord New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Concord New's related companies.
 Open High Low Close Volume
  0.08    0.08    0.08    0.08    1.00  
06/03/2024
  0.08    0.08    0.08    0.08    1.00  
  0.08    0.08    0.08    0.08    1.00  
Backtest Concord New  |  Concord New History  |  Concord New Valuation   PreviousNext  
Open Value
0.076
0.0008
Downside
0.076
Closing Value
11.52
Upside

Concord New Trading Date Momentum on June 3, 2024

On June 04 2024 Concord New Energy was traded for  0.08  at the closing time. The highest daily price throughout the period was 0.08  and the lowest price was  0.08 . There was no trading activity during the period 1.0. Lack of trading volume on 06/04/2024 did not affect price variability. The overall trading delta to current closing price is 5.26% .

Concord New Energy Fundamentals Correlations and Trends

By evaluating Concord New'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 Concord New's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Concord financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Concord New Pink Sheet history

Concord New 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 Concord is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Concord New 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 Concord New stock prices may prove useful in developing a viable investing in Concord New
Concord New Energy Group Limited, an investment holding company, engages in the generation of power in the Peoples Republic of China and internationally. The company was founded in 2006 and is based in Admiralty, Hong Kong. China Wndpwr operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 1907 people.

Concord New Pink Sheet Technical Analysis

Concord New 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 Concord New technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Concord New 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

Concord New Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Concord New 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.

Concord New November 29, 2024 Market Strength

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

Concord New Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Concord New's price direction in advance. Along with the technical and fundamental analysis of Concord Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Concord 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.

Complementary Tools for Concord Pink Sheet analysis

When running Concord New's price analysis, check to measure Concord New'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 Concord New is operating at the current time. Most of Concord New's value examination focuses on studying past and present price action to predict the probability of Concord New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concord New's price. Additionally, you may evaluate how the addition of Concord New to your portfolios can decrease your overall portfolio volatility.
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets