Ningbo Fangzheng (China) Price on October 21, 2024

300998 Stock   16.59  0.10  0.61%   
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ningbo Fangzheng stands at 16.59, as last reported on the 4th of December, with the highest price reaching 16.88 and the lowest price hitting 16.42 during the day. Ningbo Fangzheng appears to be somewhat reliable, given 3 months investment horizon. Ningbo Fangzheng Aut has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Ningbo Fangzheng's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please exercise Ningbo Fangzheng's Downside Deviation of 4.46, risk adjusted performance of 0.0988, and Mean Deviation of 2.91 to check out if our risk estimates are consistent with your expectations.
  
As of December 4, 2024, Total Stockholder Equity is expected to decline to about 708.3 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 112.1 M. Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1168

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Estimated Market Risk

 4.4
  actual daily
39
61% of assets are more volatile

Expected Return

 0.51
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Ningbo Fangzheng is performing at about 9% 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 Fangzheng by adding it to a well-diversified portfolio.
Price Book
1.7751
Enterprise Value Ebitda
24.5232
Price Sales
2.414
Shares Float
63.5 M
Dividend Share
0.1

Ningbo Fangzheng Valuation on October 21, 2024

It is possible to determine the worth of Ningbo Fangzheng on a given historical date. On October 21, 2024 Ningbo was worth 15.78 at the beginning of the trading date compared to the closed value of 15.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ningbo Fangzheng stock. Still, in general, we apply an absolute valuation method to find Ningbo Fangzheng'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 Fangzheng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ningbo Fangzheng's related companies.
 Open High Low Close Volume
  14.85    16.01    14.73    15.57    4,486,200  
10/21/2024
  15.78    15.78    15.35    15.66    3,786,104  
  15.66    16.16    15.52    16.16    4,708,375  
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Open Value
15.78
15.66
Closing Value
28.97
Upside

Ningbo Fangzheng Trading Date Momentum on October 21, 2024

On October 22 2024 Ningbo Fangzheng Automobile was traded for  16.16  at the closing time. The highest price during the trading period was 16.16  and the lowest recorded bid was listed for  15.52 . The volume for the day was 4.7 M. This history from October 22, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.19% . The trading delta at closing time to the current price is 5.94% .

Ningbo Fangzheng Aut Fundamentals Correlations and Trends

By evaluating Ningbo Fangzheng'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 Fangzheng'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 Fangzheng Stock history

Ningbo Fangzheng 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 Fangzheng Aut 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 Fangzheng stock prices may prove useful in developing a viable investing in Ningbo Fangzheng
Last ReportedProjected for Next Year
Common Stock Shares Outstanding137.2 M112.1 M

Ningbo Fangzheng Quarterly Net Working Capital

830.69 Million

Ningbo Fangzheng Stock Technical Analysis

Ningbo Fangzheng 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.
A focus of Ningbo Fangzheng technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ningbo Fangzheng trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ningbo Fangzheng Period Price Range

Low
December 4, 2024
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High

 0.00 

     

 0.00 

Ningbo Fangzheng Automobile 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 Fangzheng December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Ningbo Fangzheng 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 Fangzheng shares will generate the highest return on investment. By undertsting and applying Ningbo Fangzheng stock market strength indicators, traders can identify Ningbo Fangzheng Automobile entry and exit signals to maximize returns

Ningbo Fangzheng Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ningbo Fangzheng'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.

Complementary Tools for Ningbo Stock analysis

When running Ningbo Fangzheng's price analysis, check to measure Ningbo Fangzheng'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 Fangzheng is operating at the current time. Most of Ningbo Fangzheng's value examination focuses on studying past and present price action to predict the probability of Ningbo Fangzheng'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 Fangzheng's price. Additionally, you may evaluate how the addition of Ningbo Fangzheng to your portfolios can decrease your overall portfolio volatility.
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