Tonghua Grape (China) Price on September 10, 2024
| 600365 Stock | 3.04 0.13 4.47% |
Below is the normalized historical share price chart for Tonghua Grape Wine extending back to January 17, 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 Tonghua Grape stands at 3.04, as last reported on the 3rd of December, with the highest price reaching 3.05 and the lowest price hitting 2.92 during the day.
If you're considering investing in Tonghua Stock, it is important to understand the factors that can impact its price. Tonghua Grape appears to be unstable, given 3 months investment horizon. Tonghua Grape Wine owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tonghua Grape Wine, which you can use to evaluate the volatility of the company. Please review Tonghua Grape's Risk Adjusted Performance of 0.1382, coefficient of variation of 583.61, and Semi Deviation of 2.27 to confirm if our risk estimates are consistent with your expectations.
At present, Tonghua Grape's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 448.3 M, whereas Common Stock is forecasted to decline to about 251 M. . Tonghua Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of December 2000 | 200 Day MA 2.6721 | 50 Day MA 2.771 | Beta 0.333 |
Tonghua |
Sharpe Ratio = 0.121
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600365 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Tonghua Grape 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 Tonghua Grape by adding it to a well-diversified portfolio.
Price Book 4.2663 | Book Value 0.713 | Enterprise Value 1.3 B | Enterprise Value Ebitda 78.9715 | Price Sales 1.5146 |
Tonghua Grape Valuation on September 10, 2024
It is possible to determine the worth of Tonghua Grape on a given historical date. On September 10, 2024 Tonghua was worth 2.48 at the beginning of the trading date compared to the closed value of 2.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tonghua Grape stock. Still, in general, we apply an absolute valuation method to find Tonghua Grape'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 Tonghua Grape where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tonghua Grape's related companies.
| Open | High | Low | Close | Volume | |
| 2.56 | 2.59 | 2.47 | 2.47 | 6,067,700 | |
09/10/2024 | 2.48 | 2.52 | 2.43 | 2.48 | 3,244,100 |
| 2.45 | 2.48 | 2.42 | 2.43 | 3,398,600 |
| Backtest Tonghua Grape | | | Tonghua Grape History | | | Tonghua Grape Valuation | Previous | Next |
Tonghua Grape Trading Date Momentum on September 10, 2024
| On September 11 2024 Tonghua Grape Wine was traded for 2.43 at the closing time. The highest price during the trading period was 2.48 and the lowest recorded bid was listed for 2.42 . The volume for the day was 3.4 M. This history from September 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.02% . The trading price change to the current price is 1.61% . |
Tonghua Grape Wine Fundamentals Correlations and Trends
By evaluating Tonghua Grape'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 Tonghua Grape's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tonghua financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tonghua Grape Stock history
Tonghua Grape 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 Tonghua is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tonghua Grape Wine 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 Tonghua Grape stock prices may prove useful in developing a viable investing in Tonghua Grape
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 427.4 M | 448.3 M | |
| Net Income Applicable To Common Shares | 3.4 M | 3.6 M |
Tonghua Grape Quarterly Net Working Capital |
|
Tonghua Grape Stock Technical Analysis
Tonghua Grape 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
Tonghua Grape Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Tonghua Grape Wine 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.
Tonghua Grape December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Tonghua Grape stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tonghua Grape shares will generate the highest return on investment. By undertsting and applying Tonghua Grape stock market strength indicators, traders can identify Tonghua Grape Wine entry and exit signals to maximize returns
Tonghua Grape Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tonghua Grape's price direction in advance. Along with the technical and fundamental analysis of Tonghua Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tonghua 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 | 0.1382 | |||
| Jensen Alpha | 0.4981 | |||
| Total Risk Alpha | 0.0503 | |||
| Sortino Ratio | 0.1226 | |||
| Treynor Ratio | (1.58) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Tonghua Stock analysis
When running Tonghua Grape's price analysis, check to measure Tonghua Grape'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 Tonghua Grape is operating at the current time. Most of Tonghua Grape's value examination focuses on studying past and present price action to predict the probability of Tonghua Grape's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tonghua Grape's price. Additionally, you may evaluate how the addition of Tonghua Grape to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |