Tieling Newcity (China) Price on December 11, 2024
| 000809 Stock | 3.25 0.11 3.27% |
Below is the normalized historical share price chart for Tieling Newcity Investment extending back to June 26, 1998. 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 Tieling Newcity stands at 3.25, as last reported on the 22nd of December, with the highest price reaching 3.38 and the lowest price hitting 3.20 during the day.
If you're considering investing in Tieling Stock, it is important to understand the factors that can impact its price. Tieling Newcity appears to be relatively risky, given 3 months investment horizon. Tieling Newcity Inve owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.33, which indicates the firm had a 0.33% return per unit of risk over the last 3 months. By inspecting Tieling Newcity's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please review Tieling Newcity's Semi Deviation of 1.68, coefficient of variation of 344.81, and Risk Adjusted Performance of 0.2366 to confirm if our risk estimates are consistent with your expectations.
The current year's Common Stock is expected to grow to about 995.9 M, whereas Total Stockholder Equity is forecasted to decline to about 1.9 B. . Tieling Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of November 1988 | 200 Day MA 2.2096 | 50 Day MA 2.6566 | Beta 0.035 |
Tieling |
Sharpe Ratio = 0.3326
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| Small Returns | 000809 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 26 74% of assets perform better |
Based on monthly moving average Tieling Newcity is performing at about 26% 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 Tieling Newcity by adding it to a well-diversified portfolio.
Price Book 0.978 | Book Value 3.323 | Enterprise Value 2.6 B | Enterprise Value Ebitda (63.09) | Price Sales 28.7404 |
Tieling Newcity Valuation on December 11, 2024
It is possible to determine the worth of Tieling Newcity on a given historical date. On December 11, 2024 Tieling was worth 2.96 at the beginning of the trading date compared to the closed value of 3.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tieling Newcity stock. Still, in general, we apply an absolute valuation method to find Tieling Newcity'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 Tieling Newcity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tieling Newcity's related companies.
| Open | High | Low | Close | Volume | |
| 3.06 | 3.08 | 2.96 | 2.98 | 8,832,922 | |
12/11/2024 | 2.96 | 3.04 | 2.95 | 3.01 | 3,880,700 |
| 3.00 | 3.16 | 3.00 | 3.15 | 10,511,772 |
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Tieling Newcity Trading Date Momentum on December 11, 2024
| On December 12 2024 Tieling Newcity Investment was traded for 3.15 at the closing time. The highest price during the trading period was 3.16 and the lowest recorded bid was listed for 3.00 . The volume for the day was 10.5 M. This history from December 12, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.65% . The trading price change to the current price is 11.63% . |
Tieling Newcity Inve Fundamentals Correlations and Trends
By evaluating Tieling Newcity'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 Tieling Newcity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tieling financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tieling Newcity Stock history
Tieling Newcity 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 Tieling is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tieling Newcity Inve 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 Tieling Newcity stock prices may prove useful in developing a viable investing in Tieling Newcity
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 742.3 M | 659.8 M | |
| Net Loss | -127.4 M | -121.1 M |
Tieling Newcity Quarterly Net Working Capital |
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Tieling Newcity Stock Technical Analysis
Tieling Newcity 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
Tieling Newcity Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Tieling Newcity Investment 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.
Tieling Newcity December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Tieling Newcity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tieling Newcity shares will generate the highest return on investment. By undertsting and applying Tieling Newcity stock market strength indicators, traders can identify Tieling Newcity Investment entry and exit signals to maximize returns
Tieling Newcity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tieling Newcity's price direction in advance. Along with the technical and fundamental analysis of Tieling Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tieling 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 | 0.2366 | |||
| Jensen Alpha | 0.7131 | |||
| Total Risk Alpha | 0.6438 | |||
| Sortino Ratio | 0.3153 | |||
| Treynor Ratio | 25.95 |
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| Volume Indicators |
Complementary Tools for Tieling Stock analysis
When running Tieling Newcity's price analysis, check to measure Tieling Newcity'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 Tieling Newcity is operating at the current time. Most of Tieling Newcity's value examination focuses on studying past and present price action to predict the probability of Tieling Newcity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tieling Newcity's price. Additionally, you may evaluate how the addition of Tieling Newcity to your portfolios can decrease your overall portfolio volatility.
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