Ningbo Kangqiang (China) Price on September 13, 2023
| 002119 Stock | 15.14 0.08 0.53% |
Below is the normalized historical share price chart for Ningbo Kangqiang Electronics extending back to March 02, 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 Ningbo Kangqiang stands at 15.14, as last reported on the 11th of December 2024, with the highest price reaching 15.38 and the lowest price hitting 14.97 during the day.
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. Ningbo Kangqiang appears to be somewhat reliable, given 3 months investment horizon. Ningbo Kangqiang Ele has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing Ningbo Kangqiang's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please exercise Ningbo Kangqiang's Downside Deviation of 3.45, mean deviation of 2.55, and Risk Adjusted Performance of 0.1201 to check out if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 194.1 M, whereas Total Stockholder Equity is forecasted to decline to about 732.6 M. . Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of March 2007 | 200 Day MA 11.8665 | 50 Day MA 14.2046 | Beta 0.387 |
Ningbo |
Sharpe Ratio = 0.1896
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002119 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.81 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Ningbo Kangqiang is performing at about 14% 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 Ningbo Kangqiang by adding it to a well-diversified portfolio.
Price Book 4.1452 | Enterprise Value Ebitda 50.936 | Price Sales 2.8971 | Shares Float 257.5 M | Dividend Share 0.03 |
Ningbo Kangqiang Valuation on September 13, 2023
It is possible to determine the worth of Ningbo Kangqiang on a given historical date. On September 13, 2023 Ningbo was worth 12.64 at the beginning of the trading date compared to the closed value of 12.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ningbo Kangqiang stock. Still, in general, we apply an absolute valuation method to find Ningbo Kangqiang'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 Ningbo Kangqiang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ningbo Kangqiang's related companies.
| Open | High | Low | Close | Volume | |
| 12.82 | 12.96 | 12.72 | 12.74 | 8,015,720 | |
09/13/2023 | 12.64 | 12.80 | 12.46 | 12.59 | 10,359,659 |
| 12.67 | 12.67 | 12.32 | 12.42 | 6,524,647 |
| Backtest Ningbo Kangqiang | | | Ningbo Kangqiang History | | | Ningbo Kangqiang Valuation | Previous | Next |
Ningbo Kangqiang Trading Date Momentum on September 13, 2023
| On September 14 2023 Ningbo Kangqiang Electronics was traded for 12.42 at the closing time. The highest price during the trading period was 12.67 and the lowest recorded bid was listed for 12.32 . The volume for the day was 6.5 M. This history from September 14, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.35% . The trading delta at closing time to the current price is 1.99% . |
Ningbo Kangqiang Ele Fundamentals Correlations and Trends
By evaluating Ningbo Kangqiang'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 Ningbo Kangqiang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ningbo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ningbo Kangqiang Stock history
Ningbo Kangqiang 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 Ningbo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ningbo Kangqiang Ele 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 Ningbo Kangqiang stock prices may prove useful in developing a viable investing in Ningbo Kangqiang
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 431.6 M | 367.3 M | |
| Net Income Applicable To Common Shares | 208.4 M | 218.8 M |
Ningbo Kangqiang Quarterly Net Working Capital |
|
Ningbo Kangqiang Stock Technical Analysis
Ningbo Kangqiang 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
Ningbo Kangqiang Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ningbo Kangqiang Electronics 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.
Ningbo Kangqiang December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ningbo Kangqiang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ningbo Kangqiang shares will generate the highest return on investment. By undertsting and applying Ningbo Kangqiang stock market strength indicators, traders can identify Ningbo Kangqiang Electronics entry and exit signals to maximize returns
Ningbo Kangqiang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ningbo Kangqiang's price direction in advance. Along with the technical and fundamental analysis of Ningbo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ningbo 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 | 0.1201 | |||
| Jensen Alpha | 0.5912 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1271 | |||
| Treynor Ratio | (1.69) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ningbo Stock analysis
When running Ningbo Kangqiang's price analysis, check to measure Ningbo Kangqiang'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 Ningbo Kangqiang is operating at the current time. Most of Ningbo Kangqiang's value examination focuses on studying past and present price action to predict the probability of Ningbo Kangqiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ningbo Kangqiang's price. Additionally, you may evaluate how the addition of Ningbo Kangqiang to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Stocks Directory Find actively traded stocks across global markets |