Allmed Medical (China) Price on November 19, 2024
| 002950 Stock | 8.99 0.11 1.21% |
Below is the normalized historical share price chart for Allmed Medical Products extending back to March 11, 2019. 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 Allmed Medical stands at 8.99, as last reported on the 29th of November, with the highest price reaching 9.39 and the lowest price hitting 8.92 during the day.
If you're considering investing in Allmed Stock, it is important to understand the factors that can impact its price. Allmed Medical appears to be slightly risky, given 3 months investment horizon. Allmed Medical Products secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Allmed Medical Products, which you can use to evaluate the volatility of the firm. Please makes use of Allmed Medical's Mean Deviation of 2.31, risk adjusted performance of 0.1314, and Downside Deviation of 3.02 to double-check if our risk estimates are consistent with your expectations.
As of November 29, 2024, Total Stockholder Equity is expected to decline to about 2.4 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 674 M. Allmed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.5754 | 50 Day MA 8.3334 | Beta 0.341 |
Allmed |
Sharpe Ratio = 0.1223
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| Small Returns | 002950 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Allmed Medical is performing at about 9% 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 Allmed Medical by adding it to a well-diversified portfolio.
Price Book 1.7068 | Enterprise Value Ebitda 17.6642 | Price Sales 1.7835 | Shares Float 208.9 M | Dividend Share 0.027 |
Allmed Medical Valuation on November 19, 2024
It is possible to determine the worth of Allmed Medical on a given historical date. On November 19, 2024 Allmed was worth 8.29 at the beginning of the trading date compared to the closed value of 8.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allmed Medical stock. Still, in general, we apply an absolute valuation method to find Allmed Medical'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 Allmed Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allmed Medical's related companies.
| Open | High | Low | Close | Volume | |
| 8.33 | 8.48 | 8.24 | 8.28 | 6,088,300 | |
11/19/2024 | 8.29 | 8.58 | 8.29 | 8.58 | 5,636,750 |
| 8.56 | 8.70 | 8.49 | 8.69 | 6,162,350 |
| Backtest Allmed Medical | | | Allmed Medical History | | | Allmed Medical Valuation | Previous | Next |
Allmed Medical Trading Date Momentum on November 19, 2024
| On November 20 2024 Allmed Medical Products was traded for 8.69 at the closing time. The highest price during the trading period was 8.70 and the lowest recorded bid was listed for 8.49 . The volume for the day was 6.2 M. This history from November 20, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.28% . The overall trading delta to the current price is 5.01% . |
Allmed Medical Products Fundamentals Correlations and Trends
By evaluating Allmed Medical'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 Allmed Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allmed financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Allmed Medical Stock history
Allmed Medical 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 Allmed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allmed Medical Products 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 Allmed Medical stock prices may prove useful in developing a viable investing in Allmed Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 728.3 M | 674 M | |
| Net Income Applicable To Common Shares | 495.9 M | 522.7 M |
Allmed Medical Quarterly Net Working Capital |
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Allmed Medical Stock Technical Analysis
Allmed Medical 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
Allmed Medical Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Allmed Medical Products 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.
Allmed Medical November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Allmed Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allmed Medical shares will generate the highest return on investment. By undertsting and applying Allmed Medical stock market strength indicators, traders can identify Allmed Medical Products entry and exit signals to maximize returns
Allmed Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allmed Medical's price direction in advance. Along with the technical and fundamental analysis of Allmed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allmed 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 | 0.1314 | |||
| Jensen Alpha | 0.5403 | |||
| Total Risk Alpha | 0.0261 | |||
| Sortino Ratio | 0.1355 | |||
| Treynor Ratio | (3.76) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Allmed Stock analysis
When running Allmed Medical's price analysis, check to measure Allmed Medical'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 Allmed Medical is operating at the current time. Most of Allmed Medical's value examination focuses on studying past and present price action to predict the probability of Allmed Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allmed Medical's price. Additionally, you may evaluate how the addition of Allmed Medical to your portfolios can decrease your overall portfolio volatility.
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