China Communications (Germany) Price on June 15, 2023
| CYY Stock | EUR 0.61 0.01 1.67% |
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 Communications stands at 0.61, as last reported on the 29th of November, with the highest price reaching 0.61 and the lowest price hitting 0.61 during the day. China Communications appears to be abnormally volatile, given 3 months investment horizon. China Communications secures Sharpe Ratio (or Efficiency) of 0.0939, which signifies that the company had a 0.0939% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China Communications Construction, which you can use to evaluate the volatility of the firm. Please makes use of China Communications' Risk Adjusted Performance of 0.0596, downside deviation of 4.07, and Mean Deviation of 2.77 to double-check if our risk estimates are consistent with your expectations.
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.0939
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Estimated Market Risk
| 3.69 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average China Communications is performing at about 7% 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 China Communications by adding it to a well-diversified portfolio.
China Communications Valuation on June 15, 2023
It is possible to determine the worth of China Communications on a given historical date. On June 15, 2023 China was worth 0.13 at the beginning of the trading date compared to the closed value of 0.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Communications stock. Still, in general, we apply an absolute valuation method to find China Communications' 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 Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Communications' related companies.
| Open | High | Low | Close | Volume | |
| 0.13 | 0.13 | 0.13 | 0.13 | 1.00 | |
06/15/2023 | 0.13 | 0.13 | 0.13 | 0.13 | 3,500 |
| 0.13 | 0.13 | 0.13 | 0.13 | 1.00 |
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China Communications Trading Date Momentum on June 15, 2023
| On June 16 2023 China Communications Construction was traded for 0.13 at the closing time. The highest daily price throughout the period was 0.13 and the lowest price was 0.13 . There was no trading activity during the period 1.0. Lack of trading volume on 06/16/2023 did not affect price variability. The overall trading delta to current closing price is 61.54% . |
China Communications Fundamentals Correlations and Trends
By evaluating China Communications' 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 Communications' 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 Communications Stock history
China Communications 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 Communications 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 Communications stock prices may prove useful in developing a viable investing in China Communications
China Communications Construction Company Limited, together with its subsidiaries, engages in the infrastructure construction, infrastructure design, dredging, and other businesses. China Communications Construction Company Limited is a subsidiary of China Communications Construction Group . CHINA CMNCTS operates under Engineering Construction classification in Germany and is traded on Frankfurt Stock Exchange.
China Communications Stock Technical Analysis
China Communications 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 Communications Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
China Communications Construction 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.
China Communications November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how China Communications 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 Communications shares will generate the highest return on investment. By undertsting and applying China Communications stock market strength indicators, traders can identify China Communications Construction entry and exit signals to maximize returns
China Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Communications' 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 | 0.0596 | |||
| Jensen Alpha | 0.2433 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0319 | |||
| Treynor Ratio | 17.25 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Communications' price analysis, check to measure China Communications' 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 Communications is operating at the current time. Most of China Communications' value examination focuses on studying past and present price action to predict the probability of China Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Communications' price. Additionally, you may evaluate how the addition of China Communications to your portfolios can decrease your overall portfolio volatility.
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