Zangge Holding (China) Price on September 24, 2024

000408 Stock   27.08  0.01  0.04%   
Below is the normalized historical share price chart for Zangge Holding Co extending back to June 28, 1996. 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 Zangge Holding stands at 27.08, as last reported on the 22nd of December, with the highest price reaching 27.38 and the lowest price hitting 26.95 during the day.
IPO Date
13th of June 1996
200 Day MA
26.8861
50 Day MA
28.4746
Beta
0.754
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Zangge Stock, it is important to understand the factors that can impact its price. Zangge Holding appears to be very steady, given 3 months investment horizon. Zangge Holding shows Sharpe Ratio of 0.0963, which attests that the company had a 0.0963% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zangge Holding, which you can use to evaluate the volatility of the company. Please utilize Zangge Holding's Mean Deviation of 1.65, downside deviation of 2.4, and Market Risk Adjusted Performance of 1.58 to validate if our risk estimates are consistent with your expectations.
  
The current year's Total Stockholder Equity is expected to grow to about 13.7 B. The current year's Common Stock is expected to grow to about 1.9 B. Zangge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0963

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Estimated Market Risk

 2.42
  actual daily
21
79% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Zangge Holding is performing at about 7% 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 Zangge Holding by adding it to a well-diversified portfolio.
Price Book
3.2387
Enterprise Value Ebitda
16.7317
Price Sales
12.737
Shares Float
603.9 M
Dividend Share
1.06

Zangge Holding Valuation on September 24, 2024

It is possible to determine the worth of Zangge Holding on a given historical date. On September 24, 2024 Zangge was worth 24.09 at the beginning of the trading date compared to the closed value of 24.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zangge Holding stock. Still, in general, we apply an absolute valuation method to find Zangge Holding'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 Zangge Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zangge Holding's related companies.
 Open High Low Close Volume
  24.26    24.41    23.83    23.91    6,577,527  
09/24/2024
  24.09    24.85    23.95    24.75    10,277,378  
  25.20    25.50    24.93    24.97    11,039,794  
Backtest Zangge Holding  |  Zangge Holding History  |  Zangge Holding Valuation   PreviousNext  
Open Value
24.09
24.75
Closing Value
31.36
Upside

Zangge Holding Trading Date Momentum on September 24, 2024

On September 25 2024 Zangge Holding Co was traded for  24.97  at the closing time. The highest price during the trading period was 25.50  and the lowest recorded bid was listed for  24.93 . The volume for the day was 11 M. This history from September 25, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.89% . The trading date delta to the current price is 27.27% .

Zangge Holding Fundamentals Correlations and Trends

By evaluating Zangge Holding'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 Zangge Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zangge financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Zangge Holding Stock history

Zangge Holding 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 Zangge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zangge Holding 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 Zangge Holding stock prices may prove useful in developing a viable investing in Zangge Holding
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.4 B1.5 B
Net Income Applicable To Common Shares6.5 B6.8 B

Zangge Holding Quarterly Net Working Capital

1.13 Billion

Zangge Holding Stock Technical Analysis

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

Zangge Holding Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Zangge Holding Co 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.

Zangge Holding December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Zangge Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zangge Holding shares will generate the highest return on investment. By undertsting and applying Zangge Holding stock market strength indicators, traders can identify Zangge Holding Co entry and exit signals to maximize returns

Zangge Holding Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Zangge Holding's price direction in advance. Along with the technical and fundamental analysis of Zangge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zangge 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.

Complementary Tools for Zangge Stock analysis

When running Zangge Holding's price analysis, check to measure Zangge Holding'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 Zangge Holding is operating at the current time. Most of Zangge Holding's value examination focuses on studying past and present price action to predict the probability of Zangge Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zangge Holding's price. Additionally, you may evaluate how the addition of Zangge Holding to your portfolios can decrease your overall portfolio volatility.
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