Changchun High (China) Price on June 17, 2024
| 000661 Stock | 107.22 1.63 1.54% |
Below is the normalized historical share price chart for Changchun High New extending back to December 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 Changchun High stands at 107.22, as last reported on the 30th of November, with the highest price reaching 108.68 and the lowest price hitting 105.62 during the day.
If you're considering investing in Changchun Stock, it is important to understand the factors that can impact its price. Changchun High appears to be very steady, given 3 months investment horizon. Changchun High New secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. By analyzing Changchun High's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of Changchun High's mean deviation of 2.3, and Risk Adjusted Performance of 0.1176 to double-check if our risk estimates are consistent with your expectations.
At present, Changchun High'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 32.3 B, whereas Capital Stock is forecasted to decline to about 365.1 M. . Changchun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of December 1996 | 200 Day MA 105.8878 | 50 Day MA 100.7696 | Beta 0.473 |
Changchun |
Sharpe Ratio = 0.1674
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| Small Returns | 000661 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.44 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Changchun High is performing at about 13% 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 Changchun High by adding it to a well-diversified portfolio.
Price Book 1.8773 | Enterprise Value Ebitda 8.4737 | Price Sales 3.0222 | Shares Float 291.4 M | Dividend Share 4.5 |
Changchun High Valuation on June 17, 2024
It is possible to determine the worth of Changchun High on a given historical date. On June 17, 2024 Changchun was worth 100.88 at the beginning of the trading date compared to the closed value of 102.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Changchun High stock. Still, in general, we apply an absolute valuation method to find Changchun High'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 Changchun High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Changchun High's related companies.
| Open | High | Low | Close | Volume | |
| 103.34 | 103.58 | 100.55 | 100.81 | 7,071,235 | |
06/17/2024 | 100.88 | 102.95 | 100.60 | 102.38 | 4,774,585 |
| 102.38 | 103.19 | 101.44 | 101.97 | 2,930,343 |
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Changchun High Trading Date Momentum on June 17, 2024
| On June 18 2024 Changchun High New was traded for 101.97 at the closing time. The highest price during the trading period was 103.19 and the lowest recorded bid was listed for 101.44 . The volume for the day was 2.9 M. This history from June 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.40% . The overall trading delta to the current price is 7.21% . |
Changchun High New Fundamentals Correlations and Trends
By evaluating Changchun High'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 Changchun High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Changchun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Changchun High Stock history
Changchun High 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 Changchun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Changchun High New 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 Changchun High stock prices may prove useful in developing a viable investing in Changchun High
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 404.7 M | 424.9 M | |
| Net Income Applicable To Common Shares | 4.3 B | 4.5 B |
Changchun High Quarterly Net Working Capital |
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Changchun High Stock Technical Analysis
Changchun High 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
Changchun High Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Changchun High New 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.
Changchun High November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Changchun High stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Changchun High shares will generate the highest return on investment. By undertsting and applying Changchun High stock market strength indicators, traders can identify Changchun High New entry and exit signals to maximize returns
Changchun High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Changchun High's price direction in advance. Along with the technical and fundamental analysis of Changchun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Changchun 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 | 0.1176 | |||
| Jensen Alpha | 0.47 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1455 | |||
| Treynor Ratio | (8.64) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Changchun Stock analysis
When running Changchun High's price analysis, check to measure Changchun High'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 Changchun High is operating at the current time. Most of Changchun High's value examination focuses on studying past and present price action to predict the probability of Changchun High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changchun High's price. Additionally, you may evaluate how the addition of Changchun High to your portfolios can decrease your overall portfolio volatility.
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