China Railway (Germany) Price on October 3, 2024
| RS3 Stock | EUR 0.36 0.04 12.50% |
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 Railway stands at 0.36, as last reported on the 2nd of December, with the highest price reaching 0.36 and the lowest price hitting 0.36 during the day. China Railway appears to be out of control, given 3 months investment horizon. China Railway Signal secures Sharpe Ratio (or Efficiency) of 0.0988, which signifies that the company had a 0.0988% return per unit of risk over the last 3 months. By analyzing China Railway's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of China Railway's Risk Adjusted Performance of 0.0772, downside deviation of 7.64, and Mean Deviation of 3.55 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 = 0.0988
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Estimated Market Risk
| 6.5 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average China Railway 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 Railway by adding it to a well-diversified portfolio.
China Railway Valuation on October 3, 2024
It is possible to determine the worth of China Railway on a given historical date. On October 3, 2024 China was worth 0.34 at the beginning of the trading date compared to the closed value of 0.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Railway stock. Still, in general, we apply an absolute valuation method to find China Railway'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 Railway where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Railway's related companies.
| Open | High | Low | Close | Volume | |
| 0.33 | 0.33 | 0.33 | 0.33 | 1,391 | |
10/03/2024 | 0.34 | 0.34 | 0.34 | 0.34 | 1,391 |
| 0.32 | 0.32 | 0.32 | 0.32 | 1,391 |
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China Railway Trading Date Momentum on October 3, 2024
| On October 04 2024 China Railway Signal was traded for 0.32 at the closing time. The highest daily price throughout the period was 0.32 and the lowest price was 0.32 . The daily volume was 1.4 K. The net trading volume on 10/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 5.88% . The overall trading delta to current closing price is 23.53% . |
China Railway Signal Fundamentals Correlations and Trends
By evaluating China Railway'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 Railway'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 Railway Stock history
China Railway 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 Railway Signal 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 Railway stock prices may prove useful in developing a viable investing in China Railway
China Railway Signal Communication Corporation Limited, together with its subsidiaries, provides rail transportation control system solutions in the Peoples Republic of China and internationally. China Railway Signal Communication Corporation Limited is a subsidiary of China Railway Signal Communication Corporation Limited. CHINA RAIL operates under Railroads classification in Germany and is traded on Frankfurt Stock Exchange. It employs 19215 people.
China Railway Stock Technical Analysis
China Railway 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 Railway Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
China Railway Signal 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 Railway December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how China Railway 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 Railway shares will generate the highest return on investment. By undertsting and applying China Railway stock market strength indicators, traders can identify China Railway Signal entry and exit signals to maximize returns
China Railway Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Railway'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 | 0.0772 | |||
| Jensen Alpha | 0.3327 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.0577 | |||
| Treynor Ratio | 0.3078 |
| Cycle Indicators | ||
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| 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 Railway's price analysis, check to measure China Railway'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 Railway is operating at the current time. Most of China Railway's value examination focuses on studying past and present price action to predict the probability of China Railway'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 Railway's price. Additionally, you may evaluate how the addition of China Railway to your portfolios can decrease your overall portfolio volatility.
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