Ningbo David (China) Price on October 31, 2024
| 300314 Stock | 12.30 0.11 0.89% |
Below is the normalized historical share price chart for Ningbo David Medical extending back to May 08, 2012. 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 Ningbo David stands at 12.30, as last reported on the 22nd of December, with the highest price reaching 12.49 and the lowest price hitting 12.24 during the day.
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. Ningbo David appears to be somewhat reliable, given 3 months investment horizon. Ningbo David Medical has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ningbo David, which you can use to evaluate the volatility of the firm. Please exercise Ningbo David's Risk Adjusted Performance of 0.0877, downside deviation of 4.14, and Mean Deviation of 2.79 to check out if our risk estimates are consistent with your expectations.
As of December 22, 2024, Total Stockholder Equity is expected to decline to about 752.1 M. In addition to that, Common Stock is expected to decline to about 216.8 M. Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of May 2012 | 200 Day MA 11.3757 | 50 Day MA 12.5962 | Beta 0.175 |
Ningbo |
Sharpe Ratio = 0.1006
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300314 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.13 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Ningbo David is performing at about 7% 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 Ningbo David by adding it to a well-diversified portfolio.
Price Book 3.0142 | Enterprise Value Ebitda 29.414 | Price Sales 6.3003 | Shares Float 94.1 M | Dividend Share 0.18 |
Ningbo David Valuation on October 31, 2024
It is possible to determine the worth of Ningbo David on a given historical date. On October 31, 2024 Ningbo was worth 12.67 at the beginning of the trading date compared to the closed value of 12.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ningbo David stock. Still, in general, we apply an absolute valuation method to find Ningbo David'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 Ningbo David where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ningbo David's related companies.
| Open | High | Low | Close | Volume | |
| 12.79 | 13.10 | 12.37 | 12.65 | 13,776,093 | |
10/31/2024 | 12.67 | 12.80 | 12.53 | 12.59 | 8,179,396 |
| 12.48 | 12.69 | 12.20 | 12.30 | 7,071,889 |
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Ningbo David Trading Date Momentum on October 31, 2024
| On November 01 2024 Ningbo David Medical was traded for 12.30 at the closing time. The highest price during the trading period was 12.69 and the lowest recorded bid was listed for 12.20 . The volume for the day was 7.1 M. This history from November 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.30% . The trading delta at closing time to the current price is 1.59% . |
Ningbo David Medical Fundamentals Correlations and Trends
By evaluating Ningbo David'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 Ningbo David's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ningbo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ningbo David Stock history
Ningbo David 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 Ningbo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ningbo David Medical 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 Ningbo David stock prices may prove useful in developing a viable investing in Ningbo David
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 259.2 M | 230.4 M | |
| Net Income Applicable To Common Shares | 92.2 M | 65.5 M |
Ningbo David Quarterly Net Working Capital |
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Ningbo David Stock Technical Analysis
Ningbo David 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
Ningbo David Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Ningbo David Medical 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.
Ningbo David December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Ningbo David stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ningbo David shares will generate the highest return on investment. By undertsting and applying Ningbo David stock market strength indicators, traders can identify Ningbo David Medical entry and exit signals to maximize returns
Ningbo David Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ningbo David's price direction in advance. Along with the technical and fundamental analysis of Ningbo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ningbo 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 | 0.0877 | |||
| Jensen Alpha | 0.4166 | |||
| Total Risk Alpha | 0.2889 | |||
| Sortino Ratio | 0.0924 | |||
| Treynor Ratio | (0.73) |
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| Volume Indicators |
Complementary Tools for Ningbo Stock analysis
When running Ningbo David's price analysis, check to measure Ningbo David'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 Ningbo David is operating at the current time. Most of Ningbo David's value examination focuses on studying past and present price action to predict the probability of Ningbo David's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ningbo David's price. Additionally, you may evaluate how the addition of Ningbo David to your portfolios can decrease your overall portfolio volatility.
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