Sunwave Communications (China) Price on November 4, 2024
| 002115 Stock | 6.40 0.32 4.76% |
Below is the normalized historical share price chart for Sunwave Communications Co extending back to February 15, 2007. 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 Sunwave Communications stands at 6.40, as last reported on the 2nd of December, with the highest price reaching 6.71 and the lowest price hitting 6.30 during the day.
If you're considering investing in Sunwave Stock, it is important to understand the factors that can impact its price. Sunwave Communications appears to be slightly risky, given 3 months investment horizon. Sunwave Communications owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. By inspecting Sunwave Communications' technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please review Sunwave Communications' Risk Adjusted Performance of 0.1541, coefficient of variation of 522.9, and Semi Deviation of 3.3 to confirm if our risk estimates are consistent with your expectations.
The current year's Common Stock is expected to grow to about 979.3 M, whereas Total Stockholder Equity is forecasted to decline to about 1.3 B. . Sunwave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of February 2007 | 200 Day MA 5.2594 | 50 Day MA 5.4714 | Beta 0.508 |
Sunwave |
Sharpe Ratio = 0.198
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002115 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.79 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Sunwave Communications is performing at about 15% 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 Sunwave Communications by adding it to a well-diversified portfolio.
Price Book 2.2272 | Enterprise Value Ebitda 189.407 | Price Sales 0.5416 | Shares Float 641.4 M | Wall Street Target Price 11.2 |
Sunwave Communications Valuation on November 4, 2024
It is possible to determine the worth of Sunwave Communications on a given historical date. On November 4, 2024 Sunwave was worth 5.08 at the beginning of the trading date compared to the closed value of 5.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunwave Communications stock. Still, in general, we apply an absolute valuation method to find Sunwave Communications' 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 Sunwave Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunwave Communications' related companies.
| Open | High | Low | Close | Volume | |
| 5.40 | 5.45 | 5.04 | 5.08 | 43,786,190 | |
11/04/2024 | 5.08 | 5.22 | 5.06 | 5.19 | 21,406,810 |
| 5.18 | 5.34 | 5.17 | 5.32 | 24,835,300 |
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Sunwave Communications Trading Date Momentum on November 4, 2024
| On November 05 2024 Sunwave Communications Co was traded for 5.32 at the closing time. The highest price during the trading period was 5.34 and the lowest recorded bid was listed for 5.17 . The volume for the day was 24.8 M. This history from November 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.50% . The trading price change to the current price is 24.28% . |
Sunwave Communications Fundamentals Correlations and Trends
By evaluating Sunwave Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sunwave Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sunwave financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sunwave Communications Stock history
Sunwave Communications 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 Sunwave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunwave Communications 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 Sunwave Communications stock prices may prove useful in developing a viable investing in Sunwave Communications
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 932.6 M | 826.4 M | |
| Net Income Applicable To Common Shares | 121.8 M | 127.9 M |
Sunwave Communications Quarterly Net Working Capital |
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Sunwave Communications Stock Technical Analysis
Sunwave Communications 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
Sunwave Communications Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Sunwave Communications 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.
Sunwave Communications December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Sunwave Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sunwave Communications shares will generate the highest return on investment. By undertsting and applying Sunwave Communications stock market strength indicators, traders can identify Sunwave Communications Co entry and exit signals to maximize returns
Sunwave Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sunwave Communications' price direction in advance. Along with the technical and fundamental analysis of Sunwave Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sunwave 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 | 0.1541 | |||
| Jensen Alpha | 0.6429 | |||
| Total Risk Alpha | 0.0794 | |||
| Sortino Ratio | 0.1371 | |||
| Treynor Ratio | 1.76 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sunwave Stock analysis
When running Sunwave Communications' price analysis, check to measure Sunwave Communications' 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 Sunwave Communications is operating at the current time. Most of Sunwave Communications' value examination focuses on studying past and present price action to predict the probability of Sunwave Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunwave Communications' price. Additionally, you may evaluate how the addition of Sunwave Communications to your portfolios can decrease your overall portfolio volatility.
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