ChengDu Hi-Tech (China) Price on May 11, 2023
| 000628 Stock | 59.02 0.92 1.58% |
Below is the normalized historical share price chart for ChengDu Hi Tech Development extending back to November 18, 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 ChengDu Hi-Tech stands at 59.02, as last reported on the 30th of November, with the highest price reaching 59.80 and the lowest price hitting 57.55 during the day.
If you're considering investing in ChengDu Stock, it is important to understand the factors that can impact its price. ChengDu Hi-Tech is not too volatile given 3 months investment horizon. ChengDu Hi Tech secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of standard deviation over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use ChengDu Hi-Tech risk adjusted performance of 0.1312, and Mean Deviation of 3.61 to evaluate company specific risk that cannot be diversified away.
At present, ChengDu Hi-Tech's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 17.6 M, whereas Common Stock is forecasted to decline to about 275 M. . ChengDu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of October 1996 | 200 Day MA 52.2787 | 50 Day MA 55.1336 | Beta 0.543 |
ChengDu |
Sharpe Ratio = 0.2073
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 000628 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.87 actual daily | 43 57% of assets are more volatile |
Expected Return
| 1.01 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average ChengDu Hi-Tech 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 ChengDu Hi-Tech by adding it to a well-diversified portfolio.
Price Book 9.5781 | Enterprise Value Ebitda 54.3479 | Price Sales 2.5483 | Shares Float 161.7 M | Dividend Share 0.152 |
ChengDu Hi-Tech Valuation on May 11, 2023
It is possible to determine the worth of ChengDu Hi-Tech on a given historical date. On May 11, 2023 ChengDu was worth 14.21 at the beginning of the trading date compared to the closed value of 14.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ChengDu Hi-Tech stock. Still, in general, we apply an absolute valuation method to find ChengDu Hi-Tech'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 ChengDu Hi-Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ChengDu Hi-Tech's related companies.
| Open | High | Low | Close | Volume | |
| 14.29 | 14.35 | 14.01 | 14.14 | 2,714,700 | |
05/11/2023 | 14.21 | 14.24 | 14.07 | 14.17 | 2,226,300 |
| 14.14 | 14.30 | 13.63 | 13.64 | 3,560,300 |
| Backtest ChengDu Hi-Tech | | | ChengDu Hi-Tech History | | | ChengDu Hi-Tech Valuation | Previous | Next |
ChengDu Hi-Tech Trading Date Momentum on May 11, 2023
| On May 12 2023 ChengDu Hi Tech Development was traded for 13.64 at the closing time. The highest price during the trading period was 14.30 and the lowest recorded bid was listed for 13.63 . The volume for the day was 3.6 M. This history from May 12, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 3.74% . The overall trading delta to the current price is 2.47% . |
ChengDu Hi Tech Fundamentals Correlations and Trends
By evaluating ChengDu Hi-Tech'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 ChengDu Hi-Tech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ChengDu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ChengDu Hi-Tech Stock history
ChengDu Hi-Tech 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 ChengDu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ChengDu Hi Tech 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 ChengDu Hi-Tech stock prices may prove useful in developing a viable investing in ChengDu Hi-Tech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 405.1 M | 368.3 M | |
| Net Income Applicable To Common Shares | 228.9 M | 240.4 M |
ChengDu Hi-Tech Quarterly Net Working Capital |
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ChengDu Hi-Tech Stock Technical Analysis
ChengDu Hi-Tech 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
ChengDu Hi-Tech Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
ChengDu Hi Tech Development 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.
ChengDu Hi-Tech November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how ChengDu Hi-Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ChengDu Hi-Tech shares will generate the highest return on investment. By undertsting and applying ChengDu Hi-Tech stock market strength indicators, traders can identify ChengDu Hi Tech Development entry and exit signals to maximize returns
ChengDu Hi-Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ChengDu Hi-Tech's price direction in advance. Along with the technical and fundamental analysis of ChengDu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ChengDu 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 | 0.1312 | |||
| Jensen Alpha | 0.7228 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1396 | |||
| Treynor Ratio | 3.77 |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for ChengDu Stock analysis
When running ChengDu Hi-Tech's price analysis, check to measure ChengDu Hi-Tech'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 ChengDu Hi-Tech is operating at the current time. Most of ChengDu Hi-Tech's value examination focuses on studying past and present price action to predict the probability of ChengDu Hi-Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChengDu Hi-Tech's price. Additionally, you may evaluate how the addition of ChengDu Hi-Tech to your portfolios can decrease your overall portfolio volatility.
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