516720 (China) Price History

Etfs . China . 
Etf . 516720
516720 Etf   0.87  0.01  1.16%   
If you're considering investing in 516720 Etf, it is important to understand the factors that can impact its price. As of today, the current price of 516720 stands at 0.87, as last reported on the 28th of November, with the highest price reaching 0.87 and the lowest price hitting 0.86 during the day. 516720 appears to be dangerous, given 3 months investment horizon. 516720 retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the etf had a 0.11% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for 516720, which you can use to evaluate the volatility of the entity. Please makes use of 516720's Market Risk Adjusted Performance of 1.03, coefficient of variation of 1029.04, and Standard Deviation of 2.16 to double-check if our risk estimates are consistent with your expectations.
  
516720 Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1132

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Estimated Market Risk

 2.28
  actual daily
20
80% of assets are more volatile

Expected Return

 0.26
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average 516720 is performing at about 8% 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 516720 by adding it to a well-diversified portfolio.

516720 Etf Price History Chart

There are several ways to analyze 516720 Etf price data. The simplest method is using a basic 516720 candlestick price chart, which shows 516720 price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 8, 20240.96
Lowest PriceSeptember 9, 20240.73

516720 November 28, 2024 Etf Price Synopsis

Various analyses of 516720's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell 516720 Etf. It can be used to describe the percentage change in the price of 516720 from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of 516720 Etf.
516720 Price Daily Balance Of Power 1.00 
516720 Accumulation Distribution 14,117 
516720 Price Action Indicator 0.01 
516720 Price Rate Of Daily Change 1.01 

516720 November 28, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in 516720 Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use 516720 intraday prices and daily technical indicators to check the level of noise trading in 516720 Etf and then apply it to test your longer-term investment strategies against 516720.

516720 Etf Price History Data

OpenHighLowCloseVolume
11/28/2024 0.87  0.87  0.86  0.87  1,228,200 
11/27/2024 0.86  0.87  0.86  0.87  1,189,500 
11/26/2024 0.86  0.86  0.86  0.86  1,852,100 
11/25/2024 0.87  0.87  0.85  0.86  2,994,300 
11/22/2024 0.89  0.89  0.87  0.87  729,700 
11/21/2024 0.89  0.89  0.89  0.89  187,700 
11/20/2024 0.88  0.89  0.88  0.89  1,660,600 
11/19/2024 0.87  0.89  0.87  0.88  1,249,100 
11/18/2024 0.89  0.90  0.88  0.88  5,157,100 
11/15/2024 0.90  0.90  0.88  0.88  5,321,800 
11/14/2024 0.91  0.92  0.90  0.90  5,532,700 
11/13/2024 0.90  0.92  0.90  0.91  6,551,600 
11/12/2024 0.91  0.93  0.90  0.90  1,385,300 
11/11/2024 0.90  0.91  0.90  0.91  2,052,500 
11/08/2024 0.92  0.93  0.91  0.91  598,400 
11/07/2024 0.90  0.93  0.90  0.92  5,576,300 
11/06/2024 0.91  0.91  0.90  0.90  3,619,300 
11/05/2024 0.89  0.89  0.89  0.89  2,172,700 
11/04/2024 0.88  0.89  0.88  0.89  1,525,000 
11/01/2024 0.88  0.89  0.87  0.88  951,800 
10/31/2024 0.87  0.88  0.87  0.88  4,700,200 
10/30/2024 0.88  0.88  0.88  0.88  600,900 
10/29/2024 0.89  0.89  0.88  0.88  2,449,000 
10/28/2024 0.89  0.89  0.88  0.89  1,102,900 
10/25/2024 0.89  0.90  0.89  0.89  1,854,700 
10/24/2024 0.89  0.89  0.88  0.89  44,000 
10/23/2024 0.92  0.93  0.89  0.90  1,260,200 
10/22/2024 0.89  0.90  0.89  0.89  842,100 
10/21/2024 0.90  0.90  0.89  0.89  1,030,900 
10/18/2024 0.86  0.91  0.86  0.89  1,322,100 
10/17/2024 0.88  0.88  0.87  0.87  46,800 
10/16/2024 0.88  0.88  0.87  0.87  130,700 
10/15/2024 0.87  0.89  0.87  0.88  526,400 
10/14/2024 0.88  0.90  0.88  0.90  838,100 
10/11/2024 0.90  0.90  0.88  0.88  2,347,200 
10/10/2024 0.90  0.93  0.89  0.92  8,627,800 
10/09/2024 0.92  0.96  0.89  0.90  9,188,500 
10/08/2024 0.97  0.99  0.93  0.96  3,513,300 
09/30/2024 0.84  0.90  0.84  0.90  3,022,500 
09/27/2024 0.82  0.88  0.82  0.82  223,200 
09/26/2024 0.78  0.82  0.78  0.82  6,705,800 
09/25/2024 0.77  0.79  0.77  0.78  1,711,500 
09/24/2024 0.75  0.77  0.74  0.77  6,951,600 
09/23/2024 0.74  0.74  0.74  0.74  2,080,700 
09/20/2024 0.73  0.74  0.73  0.74  579,400 
09/19/2024 0.73  0.74  0.72  0.74  1,067,800 
09/18/2024 0.73  0.73  0.72  0.73  967,200 
09/13/2024 0.73  0.73  0.73  0.73  100,600 
09/12/2024 0.73  0.73  0.73  0.73  5,500 
09/11/2024 0.73  0.73  0.73  0.73  109,400 
09/10/2024 0.73  0.73  0.73  0.73  29,000 
09/09/2024 0.74  0.74  0.73  0.73  653,300 
09/06/2024 0.74  0.75  0.74  0.74  100,500 
09/05/2024 0.75  0.75  0.74  0.75  583,600 
09/04/2024 0.75  0.75  0.75  0.75  919,400 
09/03/2024 0.75  0.75  0.75  0.75  246,100 
09/02/2024 0.76  0.76  0.75  0.75  448,800 
08/30/2024 0.75  0.77  0.75  0.76  1,084,100 
08/29/2024 0.75  0.76  0.75  0.75  533,500 
08/28/2024 0.76  0.76  0.75  0.75  1,035,500 
08/27/2024 0.76  0.76  0.76  0.76  899,200 

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516720 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for 516720's price direction in advance. Along with the technical and fundamental analysis of 516720 Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 516720 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 Performance0.0809
Jensen Alpha0.1773
Total Risk Alpha(0.13)
Sortino Ratio0.0356
Treynor Ratio1.02
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