Yes Optoelectronics (China) Price on October 16, 2024
| 002952 Stock | 25.77 1.45 5.33% |
Below is the normalized historical share price chart for Yes Optoelectronics Co extending back to March 28, 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 Yes Optoelectronics stands at 25.77, as last reported on the 22nd of December, with the highest price reaching 26.12 and the lowest price hitting 24.92 during the day.
If you're considering investing in Yes Stock, it is important to understand the factors that can impact its price. Yes Optoelectronics appears to be not too volatile, given 3 months investment horizon. Yes Optoelectronics shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of risk over the last 3 months. By examining Yes Optoelectronics' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Yes Optoelectronics' Mean Deviation of 3.51, market risk adjusted performance of 0.8301, and Downside Deviation of 4.4 to validate if our risk estimates are consistent with your expectations.
As of December 22, 2024, Total Stockholder Equity is expected to decline to about 541.8 M. In addition to that, Liabilities And Stockholders Equity is expected to decline to about 719.9 M. Yes Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 24.0392 | 50 Day MA 26.3484 | Beta 0.729 |
Yes |
Sharpe Ratio = 0.1156
| Best Portfolio | Best Equity | |||
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| Small Returns | 002952 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.3 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Yes Optoelectronics 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 Yes Optoelectronics by adding it to a well-diversified portfolio.
Price Book 5.1632 | Enterprise Value Ebitda 557.4005 | Price Sales 6.8874 | Shares Float 47.2 M | Dividend Share 0.08 |
Yes Optoelectronics Valuation on October 16, 2024
It is possible to determine the worth of Yes Optoelectronics on a given historical date. On October 16, 2024 Yes was worth 21.81 at the beginning of the trading date compared to the closed value of 22.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yes Optoelectronics stock. Still, in general, we apply an absolute valuation method to find Yes Optoelectronics' 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 Yes Optoelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yes Optoelectronics' related companies.
| Open | High | Low | Close | Volume | |
| 23.05 | 23.25 | 22.29 | 22.30 | 6,063,505 | |
10/16/2024 | 21.81 | 22.85 | 21.68 | 22.61 | 5,880,430 |
| 22.57 | 23.39 | 22.51 | 22.69 | 6,020,285 |
| Backtest Yes Optoelectronics | | | Yes Optoelectronics History | | | Yes Optoelectronics Valuation | Previous | Next |
Yes Optoelectronics Trading Date Momentum on October 16, 2024
| On October 17 2024 Yes Optoelectronics Co was traded for 22.69 at the closing time. The highest price during the trading period was 23.39 and the lowest recorded bid was listed for 22.51 . The volume for the day was 6 M. This history from October 17, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.35% . The trading price change to the current price is 24.81% . |
Yes Optoelectronics Fundamentals Correlations and Trends
By evaluating Yes Optoelectronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Yes Optoelectronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yes financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yes Optoelectronics Stock history
Yes Optoelectronics 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 Yes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yes Optoelectronics 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 Yes Optoelectronics stock prices may prove useful in developing a viable investing in Yes Optoelectronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 189 M | 162.9 M | |
| Net Income Applicable To Common Shares | 139.8 M | 75.7 M |
Yes Optoelectronics Quarterly Net Working Capital |
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Yes Optoelectronics Stock Technical Analysis
Yes Optoelectronics 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
Yes Optoelectronics Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Yes Optoelectronics 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.
Yes Optoelectronics December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Yes Optoelectronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yes Optoelectronics shares will generate the highest return on investment. By undertsting and applying Yes Optoelectronics stock market strength indicators, traders can identify Yes Optoelectronics Co entry and exit signals to maximize returns
Yes Optoelectronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yes Optoelectronics' price direction in advance. Along with the technical and fundamental analysis of Yes Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yes 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 | 0.0803 | |||
| Jensen Alpha | 0.3865 | |||
| Total Risk Alpha | 0.2719 | |||
| Sortino Ratio | 0.0852 | |||
| Treynor Ratio | 0.8201 |
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Complementary Tools for Yes Stock analysis
When running Yes Optoelectronics' price analysis, check to measure Yes Optoelectronics' 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 Yes Optoelectronics is operating at the current time. Most of Yes Optoelectronics' value examination focuses on studying past and present price action to predict the probability of Yes Optoelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yes Optoelectronics' price. Additionally, you may evaluate how the addition of Yes Optoelectronics to your portfolios can decrease your overall portfolio volatility.
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