Last close
$51.20
Both lenses score −3 to +3, in different senses: on Market Lens, +3 is strongly supportive conditions; on Valuation Lens, +3 is very cheap against modeled fair value.
Market Lens
- Trend
- Downtrend
- Volatility
- Normal
- Vs trend
- Near trend
China & Hong Kong Equities asset-class score
-0.6
Cautious
The broad China market is in a downtrend below both averages and fell on 16 October. Its strongest related force is the export surge, with the U.S. tariff waiver as a second tailwind, neither yet reflected in price.
Full evidence →Valuation Lens
+0.8Somewhat cheap
- Median fair value
- 106.0market = 100
- 1y modeled return
- +8.0%
Representative benchmark: modeled median fair value is 6% above the current price, with wide dispersion.
Full distribution →Risk profile
- Annualised volatility
- 30.1%
- Max drawdown
- -50.4%
- 5y return (CAGR)
- -4.1%
CorePortfolio eligible
Realized statistics from five years of monthly total returns. Historical risk is context, not a forecast.
Reading the two together
Cheap, but conditions are against itThe model sees value, but current conditions are unsupportive. Value without a catalyst can stay unrewarded for a long time.
Market Lens -0.6 (asset class)Valuation Lens +0.8 (instrument)
Technical
Supporting and opposing conditions
Supportive
- None recorded.
Opposing
- Below both moving averages
- Five-day change of -2.57%