China DatangRenewable (Germany) Price on August 14, 2024
| DT7 Stock | EUR 0.23 0.01 4.55% |
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 DatangRenewable stands at 0.23, as last reported on the 30th of November, with the highest price reaching 0.23 and the lowest price hitting 0.23 during the day. China DatangRenewable appears to be out of control, given 3 months investment horizon. China DatangRenewable secures Sharpe Ratio (or Efficiency) of 0.0933, which signifies that the company had a 0.0933% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China Datang, which you can use to evaluate the volatility of the firm. Please makes use of China DatangRenewable's Mean Deviation of 2.36, risk adjusted performance of 0.0794, and Downside Deviation of 6.09 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 = 0.0933
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Estimated Market Risk
| 3.9 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average China DatangRenewable 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 DatangRenewable by adding it to a well-diversified portfolio.
China DatangRenewable Valuation on August 14, 2024
It is possible to determine the worth of China DatangRenewable on a given historical date. On August 14, 2024 China was worth 0.19 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China DatangRenewable stock. Still, in general, we apply an absolute valuation method to find China DatangRenewable'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 DatangRenewable where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China DatangRenewable's related companies.
| Open | High | Low | Close | Volume | |
| 0.20 | 0.20 | 0.20 | 0.20 | 1.00 | |
08/14/2024 | 0.19 | 0.19 | 0.19 | 0.19 | 1.00 |
| 0.20 | 0.20 | 0.20 | 0.20 | 1.00 |
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China DatangRenewable Trading Date Momentum on August 14, 2024
| On August 15 2024 China Datang was traded for 0.20 at the closing time. The highest daily price throughout the period was 0.20 and the lowest price was 0.20 . There was no trading activity during the period 1.0. Lack of trading volume on 08/15/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 5.26% . The overall trading delta to current closing price is 5.26% . |
China DatangRenewable Fundamentals Correlations and Trends
By evaluating China DatangRenewable'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 DatangRenewable'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 DatangRenewable Stock history
China DatangRenewable 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 DatangRenewable 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 DatangRenewable stock prices may prove useful in developing a viable investing in China DatangRenewable
China Datang Corporation Renewable Power Co., Limited, together with its subsidiaries, generates and sells wind power and other renewable power in the Peoples Republic of China. China Datang Corporation Renewable Power Co., Limited is a subsidiary of China Datang Corporation Ltd. China Datang operates under Utilities - Regulated Electric classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3063 people.
China DatangRenewable Stock Technical Analysis
China DatangRenewable 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 DatangRenewable Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
China Datang 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 DatangRenewable November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how China DatangRenewable 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 DatangRenewable shares will generate the highest return on investment. By undertsting and applying China DatangRenewable stock market strength indicators, traders can identify China Datang entry and exit signals to maximize returns
China DatangRenewable Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China DatangRenewable'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 | 0.0794 | |||
| Jensen Alpha | 0.3362 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0371 | |||
| Treynor Ratio | 2.54 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China DatangRenewable's price analysis, check to measure China DatangRenewable'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 DatangRenewable is operating at the current time. Most of China DatangRenewable's value examination focuses on studying past and present price action to predict the probability of China DatangRenewable'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 DatangRenewable's price. Additionally, you may evaluate how the addition of China DatangRenewable to your portfolios can decrease your overall portfolio volatility.
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