Linzhou Heavy (China) Price on August 1, 2024
| 002535 Stock | 4.52 0.10 2.26% |
Below is the normalized historical share price chart for Linzhou Heavy Machinery extending back to January 11, 2011. 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 Linzhou Heavy stands at 4.52, as last reported on the 3rd of December, with the highest price reaching 4.86 and the lowest price hitting 4.51 during the day.
If you're considering investing in Linzhou Stock, it is important to understand the factors that can impact its price. Linzhou Heavy appears to be relatively risky, given 3 months investment horizon. Linzhou Heavy Machinery has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. By analyzing Linzhou Heavy's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please exercise Linzhou Heavy's Downside Deviation of 2.7, mean deviation of 2.0, and Risk Adjusted Performance of 0.1646 to check out if our risk estimates are consistent with your expectations.
As of December 3, 2024, Total Stockholder Equity is expected to decline to about 514.9 M. In addition to that, Common Stock is expected to decline to about 607.7 M. Linzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.6296 | 50 Day MA 3.7326 | Beta 0.547 |
Linzhou |
Sharpe Ratio = 0.2148
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002535 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.04 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Linzhou Heavy is performing at about 16% 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 Linzhou Heavy by adding it to a well-diversified portfolio.
Price Book 5.1921 | Book Value 0.851 | Enterprise Value 4.9 B | Enterprise Value Ebitda 20.6167 | Price Sales 1.782 |
Linzhou Heavy Valuation on August 1, 2024
It is possible to determine the worth of Linzhou Heavy on a given historical date. On August 1, 2024 Linzhou was worth 3.2 at the beginning of the trading date compared to the closed value of 3.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Linzhou Heavy stock. Still, in general, we apply an absolute valuation method to find Linzhou Heavy'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 Linzhou Heavy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Linzhou Heavy's related companies.
| Open | High | Low | Close | Volume | |
| 3.08 | 3.18 | 3.06 | 3.18 | 23,077,704 | |
08/01/2024 | 3.20 | 3.50 | 3.15 | 3.50 | 54,012,200 |
| 3.48 | 3.64 | 3.35 | 3.46 | 80,672,500 |
| Backtest Linzhou Heavy | | | Linzhou Heavy History | | | Linzhou Heavy Valuation | Previous | Next |
Linzhou Heavy Trading Date Momentum on August 1, 2024
| On August 02 2024 Linzhou Heavy Machinery was traded for 3.46 at the closing time. The highest price during the trading period was 3.64 and the lowest recorded bid was listed for 3.35 . The volume for the day was 80.7 M. This history from August 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.14% . The trading delta at closing time to the current price is 9.14% . |
Linzhou Heavy Machinery Fundamentals Correlations and Trends
By evaluating Linzhou Heavy'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 Linzhou Heavy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Linzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Linzhou Heavy Stock history
Linzhou Heavy 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 Linzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Linzhou Heavy Machinery 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 Linzhou Heavy stock prices may prove useful in developing a viable investing in Linzhou Heavy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 721.5 M | 641.3 M | |
| Net Income Applicable To Common Shares | 15.5 M | 16.3 M |
Linzhou Heavy Stock Technical Analysis
Linzhou Heavy 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
Linzhou Heavy Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Linzhou Heavy Machinery 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.
Linzhou Heavy December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Linzhou Heavy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Linzhou Heavy shares will generate the highest return on investment. By undertsting and applying Linzhou Heavy stock market strength indicators, traders can identify Linzhou Heavy Machinery entry and exit signals to maximize returns
Linzhou Heavy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Linzhou Heavy's price direction in advance. Along with the technical and fundamental analysis of Linzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Linzhou 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 | 0.1646 | |||
| Jensen Alpha | 0.615 | |||
| Total Risk Alpha | 0.1523 | |||
| Sortino Ratio | 0.1737 | |||
| Treynor Ratio | (2.16) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Linzhou Stock analysis
When running Linzhou Heavy's price analysis, check to measure Linzhou Heavy'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 Linzhou Heavy is operating at the current time. Most of Linzhou Heavy's value examination focuses on studying past and present price action to predict the probability of Linzhou Heavy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Linzhou Heavy's price. Additionally, you may evaluate how the addition of Linzhou Heavy to your portfolios can decrease your overall portfolio volatility.
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