The firm shows Beta (market volatility) of 1.546 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, China Eastern will likely underperform. Even though it is essential to pay attention to China Eastern Airlines
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. China Eastern Airlines Corporat exposes twenty-one different technical indicators which can help you to evaluate its performance. China Eastern Airlines
has expected return of -0.2288%. Please be advised to confirm China Eastern Airlines Coefficient Of Variation
, Jensen Alpha
, Potential Upside
, as well as the relationship
and Maximum Drawdown
to decide if China Eastern Airlines
past performance will be repeated at some point in the near future.
Over the last 30 days China Eastern Airlines Corporat has generated negative risk-adjusted returns adding no value to investors with long positions. Despite sluggish performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in October 2019. The current disturbance may also be a sign of long term up-swing for the company investors.
|Fifty Two Week Low||23.00|
|Target High Price||175.07|
|Fifty Two Week High||42.50|
|Trailing Annual Dividend Yield||0.03%|
|Target Low Price||175.07|