China OTC Stock Price on August 23, 2021 Breakdown

CIHKY
 Stock
  

USD 24.13  1.02  4.41%   

As of today, the current price of China Merchants is  24.13 , as last reported on the 4th of October, with the highest price reaching  24.13  and the lowest price hitting  23.43  during the day.
China Merchants Bank secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had -0.18% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. China Merchants Bank exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm China Merchants Bank mean deviation of 1.53, and Risk Adjusted Performance of (0.31) to double-check the risk estimate we provide.
  

China Merchants Main Headline on 23rd of August 2021

China Merchants Bank dividend paid on 23rd of August 2021

China Merchants Valuation on August 23, 2021

It is possible to determine the worth of China Merchants on a given historical date. On August 23, 2021 China was worth 43.38 at the beginning of the trading date compared to the closed value of 43.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Merchants otc stock. Still, in general, we apply an absolute valuation method to find China Merchants' 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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Merchants' related companies.
 Open High Low Close Volume
  42.70    42.87    41.93    42.87    18,900  
08/23/2021
  43.38    43.92    43.38    43.92    15,400  
  43.46    43.46    43.18    43.44    21,000  
Backtest China Merchants  |  China Merchants History  |  China Merchants Valuation   PreviousNext  
Open Value 43.38
43.92
Closing Value
49.55
Upside

China Merchants Trading Date Momentum on August 23, 2021

On August 24 2021 China Merchants Bank was traded for  43.44  at the closing time. The highest daily price throughout the period was 43.46  and the lowest price was  43.18 . The daily volume was 21 K. The net trading volume on 08/24/2021 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.09% . The overall trading delta to current closing price is 3.76% .

China Merchants Bank Fundamentals Correlations and Trends

By evaluating China Merchants' 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 Merchants' 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 Merchants OTC Stock history

China Merchants 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 Merchants Bank 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 Merchants historical stock prices may prove useful in developing a viable investing in China Merchants
China Merchants Bank Co., Ltd., together with its subsidiaries, provides various banking products and services. China Merchants Bank Co., Ltd. was founded in 1987 and is headquartered in Shenzhen, China. China Merchants operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 103669 people.

China Merchants OTC Stock Technical Analysis

China Merchants technical otc 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, otc market cycles, or different charting patterns.
A focus of China Merchants technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Merchants trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

China Merchants Period Price Range

Low
August 23, 2021
High

 43.38 

  

 43.92 

0.541.24%

China Merchants October 4, 2022 Market Strength

Market strength indicators help investors to evaluate how China Merchants otc 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 Merchants shares will generate the highest return on investment. By undertsting and applying China Merchants otc stock market strength indicators, traders can identify China Merchants Bank entry and exit signals to maximize returns

China Merchants Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for China stock's direction in advance. Along with the technical and fundamental analysis of China OTC 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 stock 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.
Continue to Trending Equities. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for analysis

When running China Merchants Bank price analysis, check to measure China Merchants' 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 Merchants is operating at the current time. Most of China Merchants' value examination focuses on studying past and present price action to predict the probability of China Merchants' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move China Merchants' price. Additionally, you may evaluate how the addition of China Merchants to your portfolios can decrease your overall portfolio volatility.
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Is China Merchants' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Merchants. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Merchants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of China Merchants Bank is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Merchants' value that differs from its market value or its book value, called intrinsic value, which is China Merchants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Merchants' market value can be influenced by many factors that don't directly affect China Merchants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine China Merchants value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Merchants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.