Shijiazhuang Tonhe (China) Price on December 22, 2023
| 300491 Stock | 18.14 0.72 3.82% |
Below is the normalized historical share price chart for Shijiazhuang Tonhe Electronics extending back to December 31, 2015. 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 Shijiazhuang Tonhe stands at 18.14, as last reported on the 20th of December, with the highest price reaching 19.09 and the lowest price hitting 18.11 during the day.
If you're considering investing in Shijiazhuang Stock, it is important to understand the factors that can impact its price. Shijiazhuang Tonhe appears to be somewhat reliable, given 3 months investment horizon. Shijiazhuang Tonhe owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. By inspecting Shijiazhuang Tonhe's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please review Shijiazhuang Tonhe's Coefficient Of Variation of 736.85, semi deviation of 3.25, and Risk Adjusted Performance of 0.1157 to confirm if our risk estimates are consistent with your expectations.
At present, Shijiazhuang Tonhe's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 181.1 M, whereas Total Stockholder Equity is forecasted to decline to about 561.3 M. . Shijiazhuang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 16.0446 | 50 Day MA 16.372 | Beta (0.20) |
Shijiazhuang |
Sharpe Ratio = 0.1804
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 300491 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.96 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Shijiazhuang Tonhe 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 Shijiazhuang Tonhe by adding it to a well-diversified portfolio.
Price Book 2.9149 | Enterprise Value Ebitda 49.7311 | Price Sales 2.8487 | Shares Float 98.6 M | Dividend Share 0.12 |
Shijiazhuang Tonhe Valuation on December 22, 2023
It is possible to determine the worth of Shijiazhuang Tonhe on a given historical date. On December 22, 2023 Shijiazhuang was worth 21.84 at the beginning of the trading date compared to the closed value of 21.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shijiazhuang Tonhe stock. Still, in general, we apply an absolute valuation method to find Shijiazhuang Tonhe'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 Shijiazhuang Tonhe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shijiazhuang Tonhe's related companies.
| Open | High | Low | Close | Volume | |
| 21.40 | 22.12 | 21.21 | 21.86 | 3,782,100 | |
12/22/2023 | 21.84 | 22.05 | 21.44 | 21.52 | 3,246,400 |
| 21.37 | 21.80 | 21.04 | 21.46 | 3,729,100 |
| Backtest Shijiazhuang Tonhe | | | Shijiazhuang Tonhe History | | | Shijiazhuang Tonhe Valuation | Previous | Next |
Shijiazhuang Tonhe Trading Date Momentum on December 22, 2023
| On December 25 2023 Shijiazhuang Tonhe Electronics was traded for 21.46 at the closing time. The highest price during the trading period was 21.80 and the lowest recorded bid was listed for 21.04 . The volume for the day was 3.7 M. This history from December 25, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.28% . The trading price change to the current price is 2.83% . |
Shijiazhuang Tonhe Fundamentals Correlations and Trends
By evaluating Shijiazhuang Tonhe'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 Shijiazhuang Tonhe's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shijiazhuang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shijiazhuang Tonhe Stock history
Shijiazhuang Tonhe 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 Shijiazhuang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shijiazhuang Tonhe 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 Shijiazhuang Tonhe stock prices may prove useful in developing a viable investing in Shijiazhuang Tonhe
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 174 M | 178.1 M | |
| Net Income Applicable To Common Shares | 29.3 M | 21.1 M |
Shijiazhuang Tonhe Quarterly Net Working Capital |
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Shijiazhuang Tonhe Stock Technical Analysis
Shijiazhuang Tonhe 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
Shijiazhuang Tonhe Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Shijiazhuang Tonhe Electronics 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.
Shijiazhuang Tonhe December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Shijiazhuang Tonhe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shijiazhuang Tonhe shares will generate the highest return on investment. By undertsting and applying Shijiazhuang Tonhe stock market strength indicators, traders can identify Shijiazhuang Tonhe Electronics entry and exit signals to maximize returns
Shijiazhuang Tonhe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shijiazhuang Tonhe's price direction in advance. Along with the technical and fundamental analysis of Shijiazhuang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shijiazhuang 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 | 0.1157 | |||
| Jensen Alpha | 0.5182 | |||
| Total Risk Alpha | 0.396 | |||
| Sortino Ratio | 0.1301 | |||
| Treynor Ratio | (1.26) |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shijiazhuang Stock analysis
When running Shijiazhuang Tonhe's price analysis, check to measure Shijiazhuang Tonhe'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 Shijiazhuang Tonhe is operating at the current time. Most of Shijiazhuang Tonhe's value examination focuses on studying past and present price action to predict the probability of Shijiazhuang Tonhe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shijiazhuang Tonhe's price. Additionally, you may evaluate how the addition of Shijiazhuang Tonhe to your portfolios can decrease your overall portfolio volatility.
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