Qiaoyin Environmental (China) Price on November 29, 2024
| 002973 Stock | 11.31 0.09 0.79% |
Below is the normalized historical share price chart for Qiaoyin Environmental Tech extending back to January 06, 2020. 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 Qiaoyin Environmental stands at 11.31, as last reported on the 14th of December 2024, with the highest price reaching 11.54 and the lowest price hitting 11.27 during the day.
If you're considering investing in Qiaoyin Stock, it is important to understand the factors that can impact its price. Qiaoyin Environmental appears to be somewhat reliable, given 3 months investment horizon. Qiaoyin Environmental maintains Sharpe Ratio (i.e., Efficiency) of 0.24, which implies the firm had a 0.24% return per unit of risk over the last 3 months. By analyzing Qiaoyin Environmental's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please evaluate Qiaoyin Environmental's Risk Adjusted Performance of 0.1319, semi deviation of 2.4, and Coefficient Of Variation of 583.37 to confirm if our risk estimates are consistent with your expectations.
At present, Qiaoyin Environmental's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 34.1 M, whereas Common Stock is forecasted to decline to about 337.7 M. . Qiaoyin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 9.5779 | 50 Day MA 10.5274 | Beta 0.688 |
Qiaoyin |
Sharpe Ratio = 0.2366
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Estimated Market Risk
| 3.07 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Qiaoyin Environmental is performing at about 18% 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 Qiaoyin Environmental by adding it to a well-diversified portfolio.
Price Book 1.9325 | Enterprise Value Ebitda 19.7748 | Price Sales 1.183 | Shares Float 101.5 M | Dividend Share 0.1 |
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Qiaoyin Environmental Valuation on November 29, 2024
It is possible to determine the worth of Qiaoyin Environmental on a given historical date. On November 29, 2024 Qiaoyin was worth 9.91 at the beginning of the trading date compared to the closed value of 9.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qiaoyin Environmental stock. Still, in general, we apply an absolute valuation method to find Qiaoyin Environmental'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 Qiaoyin Environmental where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qiaoyin Environmental's related companies.
| Open | High | Low | Close | Volume | |
| 9.93 | 10.08 | 9.86 | 9.94 | 2,663,000 | |
11/29/2024 | 9.91 | 10.04 | 9.85 | 9.97 | 2,490,600 |
| 9.99 | 10.15 | 9.95 | 10.13 | 3,959,700 |
| Backtest Qiaoyin Environmental | | | Qiaoyin Environmental History | | | Qiaoyin Environmental Valuation | Previous | Next |
Qiaoyin Environmental Trading Date Momentum on November 29, 2024
| On December 02 2024 Qiaoyin Environmental Tech was traded for 10.13 at the closing time. The highest price during the trading period was 10.15 and the lowest recorded bid was listed for 9.95 . The volume for the day was 4 M. This history from December 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.60% . The trading delta at closing time to the current price is 6.12% . |
Qiaoyin Environmental Fundamentals Correlations and Trends
By evaluating Qiaoyin Environmental'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 Qiaoyin Environmental's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Qiaoyin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Qiaoyin Environmental Stock history
Qiaoyin Environmental 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 Qiaoyin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qiaoyin Environmental 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 Qiaoyin Environmental stock prices may prove useful in developing a viable investing in Qiaoyin Environmental
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 408.7 M | 436.7 M | |
| Net Income Applicable To Common Shares | 293.4 M | 174.3 M |
Qiaoyin Environmental Quarterly Net Working Capital |
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Qiaoyin Environmental Stock Technical Analysis
Qiaoyin Environmental 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
Qiaoyin Environmental Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Qiaoyin Environmental Tech 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.
Qiaoyin Environmental December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Qiaoyin Environmental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qiaoyin Environmental shares will generate the highest return on investment. By undertsting and applying Qiaoyin Environmental stock market strength indicators, traders can identify Qiaoyin Environmental Tech entry and exit signals to maximize returns
Qiaoyin Environmental Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Qiaoyin Environmental's price direction in advance. Along with the technical and fundamental analysis of Qiaoyin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Qiaoyin 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 | 0.1319 | |||
| Jensen Alpha | 0.5141 | |||
| Total Risk Alpha | 0.1313 | |||
| Sortino Ratio | 0.1464 | |||
| Treynor Ratio | (4.39) |
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Complementary Tools for Qiaoyin Stock analysis
When running Qiaoyin Environmental's price analysis, check to measure Qiaoyin Environmental'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 Qiaoyin Environmental is operating at the current time. Most of Qiaoyin Environmental's value examination focuses on studying past and present price action to predict the probability of Qiaoyin Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qiaoyin Environmental's price. Additionally, you may evaluate how the addition of Qiaoyin Environmental to your portfolios can decrease your overall portfolio volatility.
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