China Southern (Germany) Price on October 31, 2023
| ZNHH Stock | EUR 0.45 0.01 2.17% |
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 Southern stands at 0.45, as last reported on the 2nd of December, with the highest price reaching 0.45 and the lowest price hitting 0.45 during the day. China Southern appears to be out of control, given 3 months investment horizon. China Southern Airlines secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. By analyzing China Southern's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please makes use of China Southern's Downside Deviation of 4.9, mean deviation of 2.39, and Risk Adjusted Performance of 0.1409 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 = 0.1906
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Estimated Market Risk
| 3.61 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average China Southern is performing at about 15% 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 Southern by adding it to a well-diversified portfolio.
China Southern Valuation on October 31, 2023
It is possible to determine the worth of China Southern on a given historical date. On October 31, 2023 China was worth 0.45 at the beginning of the trading date compared to the closed value of 0.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Southern stock. Still, in general, we apply an absolute valuation method to find China Southern'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 Southern where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Southern's related companies.
| Open | High | Low | Close | Volume | |
| 0.45 | 0.45 | 0.45 | 0.45 | 2,000 | |
10/31/2023 | 0.45 | 0.45 | 0.45 | 0.45 | 2,000 |
| 0.45 | 0.45 | 0.45 | 0.45 | 2,000 |
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China Southern Trading Date Momentum on October 31, 2023
| On November 01 2023 China Southern Airlines was traded for 0.45 at the closing time. The maximum traded price for the trading interval was 0.45 and the lowest daily price was 0.45 . The daily volume was recorded at 2 K. The volume of trading on 1st of November 2023 did not affect price variability. The overall trading delta to the closing price today is 2.22% . |
China Southern Airlines Fundamentals Correlations and Trends
By evaluating China Southern'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 Southern'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 Southern Stock history
China Southern 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 Southern Airlines 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 Southern stock prices may prove useful in developing a viable investing in China Southern
China Southern Airlines Company Limited provides airlines transportation services in the Peoples Republic of China and internationally. China Southern Airlines Company Limited is a subsidiary of China Southern Air Holding Limited Company. CHINA STHN is traded on Frankfurt Stock Exchange in Germany.
China Southern Stock Technical Analysis
China Southern 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 Southern Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
China Southern Airlines 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 Southern December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how China Southern 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 Southern shares will generate the highest return on investment. By undertsting and applying China Southern stock market strength indicators, traders can identify China Southern Airlines entry and exit signals to maximize returns
China Southern Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Southern'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 | 0.1409 | |||
| Jensen Alpha | 0.5426 | |||
| Total Risk Alpha | 0.0156 | |||
| Sortino Ratio | 0.1004 | |||
| Treynor Ratio | 1.03 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Southern's price analysis, check to measure China Southern'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 Southern is operating at the current time. Most of China Southern's value examination focuses on studying past and present price action to predict the probability of China Southern'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 Southern's price. Additionally, you may evaluate how the addition of China Southern to your portfolios can decrease your overall portfolio volatility.
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