Overall market sentiment has been high on China Life Insurance Co Ltd ADR (LFC) stock lately. LFC receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With LFC Stock Today?
China Life Insurance Co Ltd ADR (LFC) stock has fallen -0.6% while the S&P 500 has gained 0.28% as of 1:01 PM on Wednesday, Jan 13. LFC is down -$0.07 from the previous closing price of $11.58 on volume of 199,513 shares. Over the past year the S&P 500 has gained 15.93% while LFC is down -21.54%. LFC earned $1.40 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.21.
More About China Life Insurance Co Ltd ADR
China Life Insurance Co Ltd is a dominant player in the Chinese life insurance industry. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is currently undergoing a business transformation toward the sale of long-term protection products and away from short-term and single-premium products.