Hangzhou Prevail (China) Price on June 3, 2024
| 300710 Stock | 21.05 0.08 0.38% |
Below is the normalized historical share price chart for Hangzhou Prevail Optoelectronic extending back to October 19, 2017. 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 Hangzhou Prevail stands at 21.05, as last reported on the 12th of December 2024, with the highest price reaching 21.33 and the lowest price hitting 20.83 during the day.
If you're considering investing in Hangzhou Stock, it is important to understand the factors that can impact its price. Hangzhou Prevail appears to be somewhat reliable, given 3 months investment horizon. Hangzhou Prevail Opt holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. By evaluating Hangzhou Prevail's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please utilize Hangzhou Prevail's Risk Adjusted Performance of 0.1003, market risk adjusted performance of 150.99, and Downside Deviation of 4.61 to validate if our risk estimates are consistent with your expectations.
As of December 12, 2024, Total Stockholder Equity is expected to decline to about 640.5 M. In addition to that, Common Stock is expected to decline to about 72.3 M. Hangzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 17.0986 | 50 Day MA 19.8166 | Beta 0.393 |
Hangzhou |
Sharpe Ratio = 0.1558
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300710 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.48 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Hangzhou Prevail is performing at about 12% 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 Hangzhou Prevail by adding it to a well-diversified portfolio.
Price Book 3.1153 | Book Value 6.757 | Enterprise Value 2.1 B | Enterprise Value Ebitda 75.6582 | Price Sales 5.7325 |
Hangzhou Prevail Valuation on June 3, 2024
It is possible to determine the worth of Hangzhou Prevail on a given historical date. On June 3, 2024 Hangzhou was worth 18.17 at the beginning of the trading date compared to the closed value of 16.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hangzhou Prevail stock. Still, in general, we apply an absolute valuation method to find Hangzhou Prevail'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 Hangzhou Prevail where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hangzhou Prevail's related companies.
| Open | High | Low | Close | Volume | |
| 18.90 | 20.23 | 18.35 | 18.52 | 11,019,100 | |
06/03/2024 | 18.17 | 18.70 | 16.51 | 16.83 | 8,890,405 |
| 16.01 | 16.45 | 15.44 | 15.74 | 5,838,555 |
| Backtest Hangzhou Prevail | | | Hangzhou Prevail History | | | Hangzhou Prevail Valuation | Previous | Next |
Hangzhou Prevail Trading Date Momentum on June 3, 2024
| On June 04 2024 Hangzhou Prevail Optoelectronic was traded for 15.74 at the closing time. The highest price during the trading period was 16.45 and the lowest recorded bid was listed for 15.44 . The volume for the day was 5.8 M. This history from June 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 6.48% . The trading delta at closing time to the current price is 7.55% . |
Hangzhou Prevail Opt Fundamentals Correlations and Trends
By evaluating Hangzhou Prevail'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 Hangzhou Prevail's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hangzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hangzhou Prevail Stock history
Hangzhou Prevail 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 Hangzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hangzhou Prevail Opt 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 Hangzhou Prevail stock prices may prove useful in developing a viable investing in Hangzhou Prevail
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 114.4 M | 85.2 M | |
| Net Income Applicable To Common Shares | 28.2 M | 28 M |
Hangzhou Prevail Quarterly Net Working Capital |
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Hangzhou Prevail Stock Technical Analysis
Hangzhou Prevail 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
Hangzhou Prevail Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Hangzhou Prevail Optoelectronic 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.
Hangzhou Prevail December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Hangzhou Prevail stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hangzhou Prevail shares will generate the highest return on investment. By undertsting and applying Hangzhou Prevail stock market strength indicators, traders can identify Hangzhou Prevail Optoelectronic entry and exit signals to maximize returns
Hangzhou Prevail Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hangzhou Prevail's price direction in advance. Along with the technical and fundamental analysis of Hangzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hangzhou 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 | 0.1003 | |||
| Jensen Alpha | 0.528 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0898 | |||
| Treynor Ratio | 150.98 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hangzhou Stock analysis
When running Hangzhou Prevail's price analysis, check to measure Hangzhou Prevail'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 Hangzhou Prevail is operating at the current time. Most of Hangzhou Prevail's value examination focuses on studying past and present price action to predict the probability of Hangzhou Prevail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hangzhou Prevail's price. Additionally, you may evaluate how the addition of Hangzhou Prevail to your portfolios can decrease your overall portfolio volatility.
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