Sinopec Oilfield (Germany) Price on December 3, 2024
YIZH Stock | EUR 0.07 0.0005 0.71% |
If you're considering investing in Sinopec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sinopec Oilfield stands at 0.07, as last reported on the 20th of January, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. Sinopec Oilfield Service owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. Sinopec Oilfield Service exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sinopec Oilfield's Coefficient Of Variation of (93,230), risk adjusted performance of 0.0065, and Variance of 10.18 to confirm the risk estimate we provide.
Sinopec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sinopec |
Sharpe Ratio = -0.009
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Estimated Market Risk
2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sinopec Oilfield 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 Sinopec Oilfield by adding Sinopec Oilfield to a well-diversified portfolio.
Sinopec Oilfield Valuation on December 3, 2024
It is possible to determine the worth of Sinopec Oilfield on a given historical date. On December 3, 2024 Sinopec was worth 0.0725 at the beginning of the trading date compared to the closed value of 0.0725. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinopec Oilfield stock. Still, in general, we apply an absolute valuation method to find Sinopec Oilfield'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 Sinopec Oilfield where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinopec Oilfield's related companies.
Open | High | Low | Close | Volume | |
0.07 | 0.07 | 0.07 | 0.07 | 1.00 | |
12/03/2024 | 0.07 | 0.07 | 0.07 | 0.07 | 1.00 |
0.07 | 0.07 | 0.07 | 0.07 | 1.00 |
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Sinopec Oilfield Trading Date Momentum on December 3, 2024
On December 04 2024 Sinopec Oilfield Service was traded for 0.07 at the closing time. The maximum traded price for the trading interval was 0.07 and the lowest daily price was 0.07 . There was no trading activity during the period 1.0. Lack of trading volume on 4th of December 2024 played a part in the next trading day price rise. The trading price change to the next closing price was 1.38% . The trading price change to the closing price today is 1.38% . |
Sinopec Oilfield Service Fundamentals Correlations and Trends
By evaluating Sinopec Oilfield'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 Sinopec Oilfield's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sinopec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sinopec Oilfield Stock history
Sinopec Oilfield 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 Sinopec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinopec Oilfield Service 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 Sinopec Oilfield stock prices may prove useful in developing a viable investing in Sinopec Oilfield
Sinopec Oilfield Service Corporation provides petroleum engineering and technical services in the Peoples Republic of China and internationally. Sinopec Oilfield Service Corporation is a subsidiary of China Petrochemical Corporation. SINOPEC OILF is traded on Frankfurt Stock Exchange in Germany.
Sinopec Oilfield Stock Technical Analysis
Sinopec Oilfield 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
Sinopec Oilfield Period Price Range
Low | January 20, 2025
| High |
0.00 | 0.00 |
Sinopec Oilfield Service 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.
Sinopec Oilfield January 20, 2025 Market Strength
Market strength indicators help investors to evaluate how Sinopec Oilfield stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinopec Oilfield shares will generate the highest return on investment. By undertsting and applying Sinopec Oilfield stock market strength indicators, traders can identify Sinopec Oilfield Service entry and exit signals to maximize returns
Sinopec Oilfield Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sinopec Oilfield's price direction in advance. Along with the technical and fundamental analysis of Sinopec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sinopec 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 | 0.0065 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.09) | |||
Treynor Ratio | (0.03) |
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Volume Indicators |
Complementary Tools for Sinopec Stock analysis
When running Sinopec Oilfield's price analysis, check to measure Sinopec Oilfield'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 Sinopec Oilfield is operating at the current time. Most of Sinopec Oilfield's value examination focuses on studying past and present price action to predict the probability of Sinopec Oilfield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinopec Oilfield's price. Additionally, you may evaluate how the addition of Sinopec Oilfield to your portfolios can decrease your overall portfolio volatility.
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