Zhonghong Pulin (China) Price on October 16, 2024
| 300981 Stock | 13.86 0.73 5.00% |
If you're considering investing in Zhonghong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zhonghong Pulin stands at 13.86, as last reported on the 18th of December 2024, with the highest price reaching 14.58 and the lowest price hitting 13.80 during the day. Zhonghong Pulin appears to be slightly risky, given 3 months investment horizon. Zhonghong Pulin Medical shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of risk over the last 3 months. By examining Zhonghong Pulin's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please utilize Zhonghong Pulin's Downside Deviation of 4.46, mean deviation of 3.02, and Market Risk Adjusted Performance of (0.81) to validate if our risk estimates are consistent with your expectations.
As of December 18, 2024, Total Stockholder Equity is expected to decline to about 4.7 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 371.3 M. Zhonghong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zhonghong |
Sharpe Ratio = 0.1437
| Best Portfolio | Best Equity | |||
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| Average Returns | ||||
| Small Returns | 300981 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.01 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Zhonghong Pulin is performing at about 11% 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 Zhonghong Pulin by adding it to a well-diversified portfolio.
Price Book 1.0133 | Enterprise Value Ebitda 13.9793 | Price Sales 2.2887 | Shares Float 107.5 M | Dividend Share 0.5 |
Zhonghong Pulin Valuation on October 16, 2024
It is possible to determine the worth of Zhonghong Pulin on a given historical date. On October 16, 2024 Zhonghong was worth 12.06 at the beginning of the trading date compared to the closed value of 12.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhonghong Pulin stock. Still, in general, we apply an absolute valuation method to find Zhonghong Pulin'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 Zhonghong Pulin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhonghong Pulin's related companies.
| Open | High | Low | Close | Volume | |
| 12.52 | 12.72 | 12.27 | 12.27 | 5,908,878 | |
10/16/2024 | 12.06 | 12.43 | 12.05 | 12.30 | 4,374,815 |
| 12.38 | 12.50 | 12.08 | 12.11 | 4,503,497 |
| Backtest Zhonghong Pulin | | | Zhonghong Pulin History | | | Zhonghong Pulin Valuation | Previous | Next |
Zhonghong Pulin Trading Date Momentum on October 16, 2024
| On October 17 2024 Zhonghong Pulin Medical was traded for 12.11 at the closing time. The highest price during the trading period was 12.50 and the lowest recorded bid was listed for 12.08 . The volume for the day was 4.5 M. This history from October 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.54% . The trading date delta to the current price is 5.04% . |
Zhonghong Pulin Medical Fundamentals Correlations and Trends
By evaluating Zhonghong Pulin'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 Zhonghong Pulin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhonghong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhonghong Pulin Stock history
Zhonghong Pulin 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 Zhonghong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhonghong Pulin 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 Zhonghong Pulin stock prices may prove useful in developing a viable investing in Zhonghong Pulin
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 448.5 M | 371.3 M |
Zhonghong Pulin Quarterly Net Working Capital |
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Zhonghong Pulin Stock Technical Analysis
Zhonghong Pulin 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
Zhonghong Pulin Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Zhonghong Pulin 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.
Zhonghong Pulin December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhonghong Pulin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhonghong Pulin shares will generate the highest return on investment. By undertsting and applying Zhonghong Pulin stock market strength indicators, traders can identify Zhonghong Pulin Medical entry and exit signals to maximize returns
Zhonghong Pulin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhonghong Pulin's price direction in advance. Along with the technical and fundamental analysis of Zhonghong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhonghong 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 | 0.0985 | |||
| Jensen Alpha | 0.6341 | |||
| Total Risk Alpha | 0.2062 | |||
| Sortino Ratio | 0.12 | |||
| Treynor Ratio | (0.82) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhonghong Stock analysis
When running Zhonghong Pulin's price analysis, check to measure Zhonghong Pulin'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 Zhonghong Pulin is operating at the current time. Most of Zhonghong Pulin's value examination focuses on studying past and present price action to predict the probability of Zhonghong Pulin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhonghong Pulin's price. Additionally, you may evaluate how the addition of Zhonghong Pulin to your portfolios can decrease your overall portfolio volatility.
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