Citic Resources Holdings Stock Price on April 25, 2018

CTJHY Stock  USD 10.73  0.00  0.00%   
If you're considering investing in CITIC Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of CITIC Resources stands at 10.73, as last reported on the 29th of March, with the highest price reaching 10.73 and the lowest price hitting 10.73 during the day. CITIC Resources appears to be somewhat reliable, given 3 months investment horizon. CITIC Resources Holdings secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of volatility over the last 3 months. We have found seventeen technical indicators for CITIC Resources Holdings, which you can use to evaluate the volatility of the firm. Please makes use of CITIC Resources' mean deviation of 0.7661, and Risk Adjusted Performance of 0.0966 to double-check if our risk estimates are consistent with your expectations.
  
CITIC Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1664

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Estimated Market Risk

 2.57
  actual daily
22
78% of assets are more volatile

Expected Return

 0.43
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
12
88% of assets perform better
Based on monthly moving average CITIC Resources is performing at about 12% 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 CITIC Resources by adding it to a well-diversified portfolio.

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

About CITIC Resources Pink Sheet history

CITIC Resources 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 CITIC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CITIC Resources Holdings 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 CITIC Resources stock prices may prove useful in developing a viable investing in CITIC Resources
CITIC Resources Holdings Limited, an investment holding company, engages in the exploration, development, and production of oil and coal. CITIC Resources Holdings Limited is a subsidiary of CITIC Group Corporation. Citic Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 187 people.

CITIC Resources Pink Sheet Technical Analysis

CITIC Resources 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.
A focus of CITIC Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CITIC Resources 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

CITIC Resources Period Price Range

CITIC Resources March 29, 2024 Market Strength

Market strength indicators help investors to evaluate how CITIC Resources 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 CITIC Resources shares will generate the highest return on investment. By undertsting and applying CITIC Resources pink sheet market strength indicators, traders can identify CITIC Resources Holdings entry and exit signals to maximize returns

CITIC Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CITIC Resources' price direction in advance. Along with the technical and fundamental analysis of CITIC Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of CITIC 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CITIC Resources Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the CITIC Resources Holdings information on this page should be used as a complementary analysis to other CITIC Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for CITIC Pink Sheet analysis

When running CITIC Resources' price analysis, check to measure CITIC Resources' 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 CITIC Resources is operating at the current time. Most of CITIC Resources' value examination focuses on studying past and present price action to predict the probability of CITIC Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CITIC Resources' price. Additionally, you may evaluate how the addition of CITIC Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between CITIC Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if CITIC Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CITIC Resources' 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.