ZTE Corp (China) Price on September 22, 2023
| 000063 Stock | 37.38 0.42 1.11% |
Below is the normalized historical share price chart for ZTE Corp extending back to November 18, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ZTE Corp stands at 37.38, as last reported on the 22nd of December, with the highest price reaching 37.96 and the lowest price hitting 36.38 during the day.
If you're considering investing in ZTE Stock, it is important to understand the factors that can impact its price. ZTE Corp appears to be not too volatile, given 3 months investment horizon. ZTE Corp shows Sharpe Ratio of 0.2, which attests that the company had a 0.2% return per unit of volatility over the last 3 months. By analyzing ZTE Corp's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please utilize ZTE Corp's Mean Deviation of 2.49, downside deviation of 2.71, and Risk Adjusted Performance of 0.1777 to validate if our risk estimates are consistent with your expectations.
At present, ZTE Corp's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 211.5 B, whereas Common Stock is forecasted to decline to about 2.4 B. . ZTE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of October 1997 | 200 Day MA 28.3953 | 50 Day MA 31.7342 | Beta 0.525 |
ZTE |
Sharpe Ratio = 0.2032
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.59 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average ZTE Corp is performing at about 16% 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 ZTE Corp by adding it to a well-diversified portfolio.
Price Book 2.4726 | Enterprise Value Ebitda 11.8049 | Price Sales 1.3293 | Shares Float 3.8 B | Dividend Share 0.683 |
ZTE Corp Valuation on September 22, 2023
It is possible to determine the worth of ZTE Corp on a given historical date. On September 22, 2023 ZTE was worth 32.35 at the beginning of the trading date compared to the closed value of 33.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZTE Corp stock. Still, in general, we apply an absolute valuation method to find ZTE Corp's 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 ZTE Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZTE Corp's related companies.
| Open | High | Low | Close | Volume | |
| 31.75 | 33.28 | 31.68 | 32.42 | 87,933,796 | |
09/22/2023 | 32.35 | 33.97 | 32.10 | 33.93 | 113,645,063 |
| 33.72 | 33.82 | 32.88 | 32.96 | 65,700,415 |
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ZTE Corp Trading Date Momentum on September 22, 2023
| On September 25 2023 ZTE Corp was traded for 32.96 at the closing time. The highest price during the trading period was 33.82 and the lowest recorded bid was listed for 32.88 . The volume for the day was 65.7 M. This history from September 25, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.86% . The trading date delta to the current price is 6.66% . |
ZTE Corp Fundamentals Correlations and Trends
By evaluating ZTE Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ZTE Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZTE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZTE Corp Stock history
ZTE Corp 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 ZTE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZTE Corp 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 ZTE Corp stock prices may prove useful in developing a viable investing in ZTE Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.8 B | 4.9 B | |
| Net Income Applicable To Common Shares | 9.3 B | 9.8 B |
ZTE Corp Quarterly Net Working Capital |
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ZTE Corp Stock Technical Analysis
ZTE Corp technical 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, stock market cycles, or different charting patterns.
Price Boundaries
ZTE Corp Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
ZTE Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ZTE Corp December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how ZTE Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZTE Corp shares will generate the highest return on investment. By undertsting and applying ZTE Corp stock market strength indicators, traders can identify ZTE Corp entry and exit signals to maximize returns
ZTE Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZTE Corp's price direction in advance. Along with the technical and fundamental analysis of ZTE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZTE 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.
| Risk Adjusted Performance | 0.1777 | |||
| Jensen Alpha | 0.7416 | |||
| Total Risk Alpha | 0.6378 | |||
| Sortino Ratio | 0.263 | |||
| Treynor Ratio | (2.47) |
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| Volume Indicators |
Complementary Tools for ZTE Stock analysis
When running ZTE Corp's price analysis, check to measure ZTE Corp's 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 ZTE Corp is operating at the current time. Most of ZTE Corp's value examination focuses on studying past and present price action to predict the probability of ZTE Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZTE Corp's price. Additionally, you may evaluate how the addition of ZTE Corp to your portfolios can decrease your overall portfolio volatility.
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