Tonghua Grape (China) Price on November 19, 2024

600365 Stock   3.02  0.02  0.66%   
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 3.02, as last reported on the 10th of December, with the highest price reaching 3.10 and the lowest price hitting 3.01 during the day.
IPO Date
15th of December 2000
200 Day MA
2.6701
50 Day MA
2.8144
Beta
0.333
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tonghua Grape Wine, which you can use to evaluate the volatility of the company. Please review Tonghua Grape's Coefficient Of Variation of 728.56, semi deviation of 2.33, and Risk Adjusted Performance of 0.1065 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.

Sharpe Ratio = 0.1648

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Estimated Market Risk

 2.46
  actual daily
21
79% of assets are more volatile

Expected Return

 0.41
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Tonghua Grape 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 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
1.5046

Tonghua Grape Valuation on November 19, 2024

It is possible to determine the worth of Tonghua Grape on a given historical date. On November 19, 2024 Tonghua was worth 2.85 at the beginning of the trading date compared to the closed value of 2.8. 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
  2.98    3.00    2.85    2.85    7,366,400  
11/19/2024
  2.85    2.87    2.72    2.80    8,982,640  
  2.80    2.93    2.79    2.92    6,941,432  
Backtest Tonghua Grape  |  Tonghua Grape History  |  Tonghua Grape Valuation   PreviousNext  
Open Value
2.85
2.8
Closing Value
10.23
Upside

Tonghua Grape Trading Date Momentum on November 19, 2024

On November 20 2024 Tonghua Grape Wine was traded for  2.92  at the closing time. The highest price during the trading period was 2.93  and the lowest recorded bid was listed for  2.79 . The volume for the day was 6.9 M. This history from November 20, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.29% . The trading price change to the current price is 1.43% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding427.4 M448.3 M
Net Income Applicable To Common Shares3.4 M3.6 M

Tonghua Grape Quarterly Net Working Capital

147.94 Million

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.
A focus of Tonghua Grape technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tonghua Grape 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

Tonghua Grape Period Price Range

Low
December 10, 2024
0.00  NaN%
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 10, 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.

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.
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