China Railway Group Stock Price on February 29, 2024
| CRWOF Stock | USD 0.55 0.04 7.84% |
If you're considering investing in China Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of China Railway stands at 0.55, as last reported on the 3rd of June, with the highest price reaching 0.55 and the lowest price hitting 0.55 during the day. China Railway appears to be abnormally volatile, given 3 months investment horizon. China Railway Group secures Sharpe Ratio (or Efficiency) of 0.0956, which signifies that the company had a 0.0956% return per unit of risk over the last 3 months. We have found twenty technical indicators for China Railway Group, which you can use to evaluate the volatility of the firm. Please makes use of China Railway's Standard Deviation of 2.55, risk adjusted performance of 0.0736, and Mean Deviation of 1.02 to double-check if our risk estimates are consistent with your expectations.
China Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.0956
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.6 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% 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.
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China Railway Valuation on February 29, 2024
It is possible to determine the worth of China Railway on a given historical date. On February 29, 2024 China was worth 0.47 at the beginning of the trading date compared to the closed value of 0.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Railway pink sheet. 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 | |
| 0.47 | 0.47 | 0.47 | 0.47 | 1.00 | |
02/29/2024 | 0.47 | 0.47 | 0.47 | 0.47 | 1.00 |
| 0.48 | 0.48 | 0.48 | 0.48 | 222.00 |
| Backtest China Railway | | | China Railway History | | | China Railway Valuation | Previous | Next |
China Railway Trading Date Momentum on February 29, 2024
| On March 01 2024 China Railway Group was traded for 0.48 at the closing time. The highest daily price throughout the period was 0.48 and the lowest price was 0.48 . The daily volume was 222. The net trading volume on 03/01/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 2.13% . The overall trading delta to current closing price is 2.13% . |
China Railway Group 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 Pink Sheet 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 Group 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 Group Limited, together with its subsidiaries, operates as an integrated construction company in the Peoples Republic of China, Hong Kong, and Macau. China Railway Group Limited was founded in 1950 and is headquartered in Beijing, China. China Railway operates under Engineering Construction classification in the United States and is traded on OTC Exchange. It employs 180000 people.
China Railway Pink Sheet Technical Analysis
China Railway technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
China Railway Period Price Range
Low | February 29, 2024
| High |
0.47 | 0.47 |
China Railway June 3, 2024 Market Strength
Market strength indicators help investors to evaluate how China Railway pink sheet 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 pink sheet market strength indicators, traders can identify China Railway Group 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 Pink Sheet 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 | 0.0736 | |||
| Jensen Alpha | 0.2815 | |||
| Total Risk Alpha | 0.1156 | |||
| Treynor Ratio | (0.42) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Railway Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for China Pink Sheet 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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