Hengli Petrochemical (China) Price on October 31, 2024
| 600346 Stock | 15.19 0.06 0.39% |
Below is the normalized historical share price chart for Hengli Petrochemical Co extending back to November 21, 2001. 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 Hengli Petrochemical stands at 15.19, as last reported on the 23rd of December, with the highest price reaching 15.35 and the lowest price hitting 15.11 during the day.
If you're considering investing in Hengli Stock, it is important to understand the factors that can impact its price. Hengli Petrochemical appears to be not too volatile, given 3 months investment horizon. Hengli Petrochemical holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hengli Petrochemical, which you can use to evaluate the volatility of the firm. Please utilize Hengli Petrochemical's Risk Adjusted Performance of 0.1218, downside deviation of 1.97, and Market Risk Adjusted Performance of (14.70) to validate if our risk estimates are consistent with your expectations.
At present, Hengli Petrochemical's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 8.5 B, whereas Other Stockholder Equity is projected to grow to (41.4 M). . Hengli Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of August 2001 | 200 Day MA 14.2924 | 50 Day MA 14.6472 | Beta 1.107 |
Hengli |
Sharpe Ratio = 0.1126
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600346 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Hengli Petrochemical is performing at about 8% 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 Hengli Petrochemical by adding it to a well-diversified portfolio.
Price Book 1.7434 | Enterprise Value Ebitda 19.5515 | Price Sales 0.4511 | Shares Float 1.8 B | Wall Street Target Price 18 |
Hengli Petrochemical Valuation on October 31, 2024
It is possible to determine the worth of Hengli Petrochemical on a given historical date. On October 31, 2024 Hengli was worth 13.83 at the beginning of the trading date compared to the closed value of 13.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hengli Petrochemical stock. Still, in general, we apply an absolute valuation method to find Hengli Petrochemical'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 Hengli Petrochemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hengli Petrochemical's related companies.
| Open | High | Low | Close | Volume | |
| 13.97 | 14.07 | 13.77 | 13.89 | 20,291,826 | |
10/31/2024 | 13.83 | 13.90 | 13.70 | 13.74 | 21,049,940 |
| 13.70 | 13.97 | 13.67 | 13.74 | 26,627,541 |
| Backtest Hengli Petrochemical | | | Hengli Petrochemical History | | | Hengli Petrochemical Valuation | Previous | Next |
Hengli Petrochemical Trading Date Momentum on October 31, 2024
| On November 01 2024 Hengli Petrochemical Co was traded for 13.74 at the closing time. The highest price during the trading period was 13.97 and the lowest recorded bid was listed for 13.67 . The volume for the day was 26.6 M. This history from November 1, 2024 did not cause price change. The trading delta at closing time to the current price is 10.70% . |
Hengli Petrochemical Fundamentals Correlations and Trends
By evaluating Hengli Petrochemical'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 Hengli Petrochemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hengli financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hengli Petrochemical Stock history
Hengli Petrochemical 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 Hengli is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hengli Petrochemical 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 Hengli Petrochemical stock prices may prove useful in developing a viable investing in Hengli Petrochemical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6.3 B | 7.1 B | |
| Net Income Applicable To Common Shares | 2.7 B | 2.6 B |
Hengli Petrochemical Stock Technical Analysis
Hengli Petrochemical 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
Hengli Petrochemical Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Hengli Petrochemical Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.
Hengli Petrochemical December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Hengli Petrochemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hengli Petrochemical shares will generate the highest return on investment. By undertsting and applying Hengli Petrochemical stock market strength indicators, traders can identify Hengli Petrochemical Co entry and exit signals to maximize returns
Hengli Petrochemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hengli Petrochemical's price direction in advance. Along with the technical and fundamental analysis of Hengli Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hengli 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 | 0.1218 | |||
| Jensen Alpha | 0.3448 | |||
| Total Risk Alpha | 0.276 | |||
| Sortino Ratio | 0.1635 | |||
| Treynor Ratio | (14.71) |
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Complementary Tools for Hengli Stock analysis
When running Hengli Petrochemical's price analysis, check to measure Hengli Petrochemical'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 Hengli Petrochemical is operating at the current time. Most of Hengli Petrochemical's value examination focuses on studying past and present price action to predict the probability of Hengli Petrochemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hengli Petrochemical's price. Additionally, you may evaluate how the addition of Hengli Petrochemical to your portfolios can decrease your overall portfolio volatility.
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