China Yuchai International Stock Price on August 13, 2024
CYD Stock | USD 9.42 0.21 2.28% |
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Yuchai stands at 9.42, as last reported on the 28th of November, with the highest price reaching 9.46 and the lowest price hitting 9.03 during the day. China Yuchai Interna secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. China Yuchai International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Yuchai's Risk Adjusted Performance of (0.08), standard deviation of 2.01, and Mean Deviation of 1.41 to double-check the risk estimate we provide.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = -0.1103
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Estimated Market Risk
2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China Yuchai 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 Yuchai by adding China Yuchai to a well-diversified portfolio.
China Yuchai Valuation on August 13, 2024
It is possible to determine the worth of China Yuchai on a given historical date. On August 13, 2024 China was worth 10.53 at the beginning of the trading date compared to the closed value of 10.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Yuchai stock. Still, in general, we apply an absolute valuation method to find China Yuchai'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 Yuchai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Yuchai's related companies.
Open | High | Low | Close | Volume | |
9.25 | 10.49 | 9.25 | 10.33 | 569,806 | |
08/13/2024 | 10.53 | 10.80 | 10.28 | 10.30 | 49,586 |
10.42 | 10.62 | 10.21 | 10.31 | 38,456 |
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China Yuchai Trading Date Momentum on August 13, 2024
On August 14 2024 China Yuchai International was traded for 10.31 at the closing time. Highest China Yuchai's price during the trading hours was 10.62 and the lowest price during the day was 10.21 . The net volume was 38.5 K. The overall trading history on the 14th of August 2024 contributed to the next trading period price growth. The overall trading delta to the next next day price was 0.10% . The overall trading delta to current price is 1.94% . |
China Yuchai Interna Fundamentals Correlations and Trends
By evaluating China Yuchai'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 Yuchai'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 Yuchai Stock history
China Yuchai 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 Yuchai Interna 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 Yuchai stock prices may prove useful in developing a viable investing in China Yuchai
China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, and agriculture applications in the Peoples Republic of China and internationally. It distributes its engines directly to auto original equipment manufacturers, agents, and retailers, as well as provides maintenance and retrofitting services. China Yuchai operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 8924 people.
China Yuchai Stock Technical Analysis
China Yuchai 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
China Yuchai Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
China Yuchai International cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Yuchai November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how China Yuchai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Yuchai shares will generate the highest return on investment. By undertsting and applying China Yuchai stock market strength indicators, traders can identify China Yuchai International entry and exit signals to maximize returns
China Yuchai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Yuchai's price direction in advance. Along with the technical and fundamental analysis of China Stock 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 | (0.08) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | (3.05) |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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When running China Yuchai's price analysis, check to measure China Yuchai'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 Yuchai is operating at the current time. Most of China Yuchai's value examination focuses on studying past and present price action to predict the probability of China Yuchai'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 Yuchai's price. Additionally, you may evaluate how the addition of China Yuchai to your portfolios can decrease your overall portfolio volatility.
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