Daoming OpticsChemical (China) Price on December 12, 2024
| 002632 Stock | 8.97 0.08 0.88% |
Below is the normalized historical share price chart for Daoming OpticsChemical Co extending back to November 22, 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 Daoming OpticsChemical stands at 8.97, as last reported on the 17th of December 2024, with the highest price reaching 9.18 and the lowest price hitting 8.92 during the day.
If you're considering investing in Daoming Stock, it is important to understand the factors that can impact its price. Daoming OpticsChemical appears to be slightly risky, given 3 months investment horizon. Daoming OpticsChemical secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. By reviewing Daoming OpticsChemical's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize Daoming OpticsChemical's Coefficient Of Variation of 927.64, mean deviation of 2.27, and Downside Deviation of 2.94 to check if our risk estimates are consistent with your expectations.
As of December 17, 2024, Total Stockholder Equity is expected to decline to about 1.5 B. In addition to that, Common Stock is expected to decline to about 393 M. Daoming Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of November 2011 | 200 Day MA 7.696 | 50 Day MA 8.4776 | Beta 0.693 |
Daoming |
Sharpe Ratio = 0.1809
| Best Portfolio | Best Equity | |||
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| Small Returns | 002632 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Daoming OpticsChemical 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 Daoming OpticsChemical by adding it to a well-diversified portfolio.
Price Book 2.6954 | Enterprise Value Ebitda 23.7391 | Price Sales 4.0593 | Shares Float 303.4 M | Dividend Share 0.43 |
Daoming OpticsChemical Valuation on December 12, 2024
It is possible to determine the worth of Daoming OpticsChemical on a given historical date. On December 12, 2024 Daoming was worth 9.05 at the beginning of the trading date compared to the closed value of 9.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daoming OpticsChemical stock. Still, in general, we apply an absolute valuation method to find Daoming OpticsChemical'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 Daoming OpticsChemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daoming OpticsChemical's related companies.
| Open | High | Low | Close | Volume | |
| 8.70 | 9.06 | 8.70 | 9.05 | 20,505,428 | |
12/12/2024 | 9.05 | 9.55 | 8.92 | 9.33 | 30,208,400 |
| 9.25 | 9.32 | 9.02 | 9.05 | 16,471,906 |
| Backtest Daoming OpticsChemical | | | Daoming OpticsChemical History | | | Daoming OpticsChemical Valuation | Previous | Next |
Daoming OpticsChemical Trading Date Momentum on December 12, 2024
| On December 13 2024 Daoming OpticsChemical Co was traded for 9.05 at the closing time. The highest price during the trading period was 9.32 and the lowest recorded bid was listed for 9.02 . The volume for the day was 16.5 M. This history from December 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.00% . The overall trading delta to the current price is 2.47% . |
Daoming OpticsChemical Fundamentals Correlations and Trends
By evaluating Daoming OpticsChemical'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 Daoming OpticsChemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Daoming financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Daoming OpticsChemical Stock history
Daoming OpticsChemical 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 Daoming is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Daoming OpticsChemical 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 Daoming OpticsChemical stock prices may prove useful in developing a viable investing in Daoming OpticsChemical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 718.3 M | 684.9 M | |
| Net Income Applicable To Common Shares | 361 M | 379.1 M |
Daoming OpticsChemical Quarterly Net Working Capital |
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Daoming OpticsChemical Stock Technical Analysis
Daoming OpticsChemical 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
Daoming OpticsChemical Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Daoming OpticsChemical 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.
Daoming OpticsChemical December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Daoming OpticsChemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daoming OpticsChemical shares will generate the highest return on investment. By undertsting and applying Daoming OpticsChemical stock market strength indicators, traders can identify Daoming OpticsChemical Co entry and exit signals to maximize returns
Daoming OpticsChemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Daoming OpticsChemical's price direction in advance. Along with the technical and fundamental analysis of Daoming Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Daoming 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 | 0.0855 | |||
| Jensen Alpha | 0.3223 | |||
| Total Risk Alpha | 5.0E-4 | |||
| Sortino Ratio | 0.0822 | |||
| Treynor Ratio | (4.54) |
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Complementary Tools for Daoming Stock analysis
When running Daoming OpticsChemical's price analysis, check to measure Daoming OpticsChemical'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 Daoming OpticsChemical is operating at the current time. Most of Daoming OpticsChemical's value examination focuses on studying past and present price action to predict the probability of Daoming OpticsChemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daoming OpticsChemical's price. Additionally, you may evaluate how the addition of Daoming OpticsChemical to your portfolios can decrease your overall portfolio volatility.
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