Huadong Medicine (China) Price on May 28, 2024

000963 Stock   35.51  0.44  1.22%   
Below is the normalized historical share price chart for Huadong Medicine Co extending back to January 27, 2000. 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 Huadong Medicine stands at 35.51, as last reported on the 23rd of December, with the highest price reaching 36.00 and the lowest price hitting 35.45 during the day.
IPO Date
22nd of December 1999
200 Day MA
31.7632
50 Day MA
35.371
Beta
0.691
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Huadong Stock, it is important to understand the factors that can impact its price. Huadong Medicine appears to be very steady, given 3 months investment horizon. Huadong Medicine holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Huadong Medicine, which you can use to evaluate the volatility of the firm. Please utilize Huadong Medicine's market risk adjusted performance of 1.55, and Risk Adjusted Performance of 0.1372 to validate if our risk estimates are consistent with your expectations.
  
At present, Huadong Medicine's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 2.1 B, whereas Other Stockholder Equity is projected to grow to (75.7 M). . Huadong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.155

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Estimated Market Risk

 2.6
  actual daily
23
77% of assets are more volatile

Expected Return

 0.4
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Huadong Medicine is performing at about 12% 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 Huadong Medicine by adding it to a well-diversified portfolio.
Price Book
2.8612
Enterprise Value Ebitda
15.0648
Price Sales
1.4928
Shares Float
728.3 M
Dividend Share
0.93

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Huadong Medicine Valuation on May 28, 2024

It is possible to determine the worth of Huadong Medicine on a given historical date. On May 28, 2024 Huadong was worth 30.98 at the beginning of the trading date compared to the closed value of 30.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Huadong Medicine stock. Still, in general, we apply an absolute valuation method to find Huadong Medicine'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 Huadong Medicine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Huadong Medicine's related companies.
 Open High Low Close Volume
  30.37    30.98    30.20    30.95    8,851,794  
05/28/2024
  30.98    31.08    30.46    30.51    6,379,991  
  30.51    31.34    30.43    30.93    10,398,634  
Backtest Huadong Medicine  |  Huadong Medicine History  |  Huadong Medicine Valuation   PreviousNext  
Open Value
30.98
30.51
Closing Value
38.78
Upside

Huadong Medicine Trading Date Momentum on May 28, 2024

On May 29 2024 Huadong Medicine Co was traded for  30.93  at the closing time. The highest price during the trading period was 31.34  and the lowest recorded bid was listed for  30.43 . The volume for the day was 10.4 M. This history from May 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.38% . The trading delta at closing time to the current price is 3.83% .

Huadong Medicine Fundamentals Correlations and Trends

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

About Huadong Medicine Stock history

Huadong Medicine 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 Huadong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Huadong Medicine 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 Huadong Medicine stock prices may prove useful in developing a viable investing in Huadong Medicine
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.8 B1.9 B
Net Income Applicable To Common Shares2.6 B2.8 B

Huadong Medicine Quarterly Net Working Capital

7.21 Billion

Huadong Medicine Stock Technical Analysis

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

Huadong Medicine Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Huadong Medicine 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.

Huadong Medicine December 23, 2024 Market Strength

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

Huadong Medicine Technical and Predictive Indicators

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

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