Long Yuan (China) Price on October 8, 2024

600491 Stock   4.23  0.16  3.93%   
Below is the normalized historical share price chart for Long Yuan Construction extending back to May 24, 2004. 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 Long Yuan stands at 4.23, as last reported on the 4th of December, with the highest price reaching 4.35 and the lowest price hitting 4.07 during the day.
IPO Date
30th of April 2004
200 Day MA
2.9026
50 Day MA
3.6284
Beta
0.443
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Long Stock, it is important to understand the factors that can impact its price. Long Yuan appears to be unstable, given 3 months investment horizon. Long Yuan Construction has Sharpe Ratio of 0.25, which conveys that the firm had a 0.25% return per unit of risk over the last 3 months. By analyzing Long Yuan's technical indicators, you can evaluate if the expected return of 0.97% is justified by implied risk. Please exercise Long Yuan's Downside Deviation of 3.35, mean deviation of 2.72, and Risk Adjusted Performance of 0.1746 to check out if our risk estimates are consistent with your expectations.
  
At present, Long Yuan'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 1.8 B, whereas Other Stockholder Equity is forecasted to decline to about 353.1 M. . Long Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2514

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Estimated Market Risk

 3.85
  actual daily
34
66% of assets are more volatile

Expected Return

 0.97
  actual daily
19
81% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average Long Yuan is performing at about 19% 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 Long Yuan by adding it to a well-diversified portfolio.
Price Book
0.5952
Enterprise Value Ebitda
154.9536
Price Sales
0.7335
Shares Float
992.6 M
Wall Street Target Price
8

Long Yuan Main Headline on 8th of October 2024

China confident on growth goal, markets await more stimulus Reuters

Long Yuan Valuation on October 8, 2024

It is possible to determine the worth of Long Yuan on a given historical date. On October 8, 2024 Long was worth 3.61 at the beginning of the trading date compared to the closed value of 3.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Long Yuan stock. Still, in general, we apply an absolute valuation method to find Long Yuan'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 Long Yuan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Long Yuan's related companies.
 Open High Low Close Volume
  3.05    3.28    3.05    3.28    86,342,677  
10/08/2024
  3.61    3.61    3.20    3.38    87,209,926  
  3.34    3.34    3.07    3.07    56,637,600  
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Open Value
3.61
3.38
Closing Value
15.17
Upside

Long Yuan Trading Date Momentum on October 8, 2024

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Long Yuan Construction Fundamentals Correlations and Trends

By evaluating Long Yuan'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 Long Yuan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Long financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Long Yuan Stock history

Long Yuan 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 Long is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Long Yuan Construction 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 Long Yuan stock prices may prove useful in developing a viable investing in Long Yuan
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.8 B1.6 B
Net Income Applicable To Common Shares767.4 M805.8 M

Long Yuan Stock Technical Analysis

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

Long Yuan Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Long Yuan Construction 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.

Long Yuan December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Long Yuan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Long Yuan shares will generate the highest return on investment. By undertsting and applying Long Yuan stock market strength indicators, traders can identify Long Yuan Construction entry and exit signals to maximize returns

Long Yuan Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Long Yuan's price direction in advance. Along with the technical and fundamental analysis of Long Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Long 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 Long Stock analysis

When running Long Yuan's price analysis, check to measure Long Yuan'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 Long Yuan is operating at the current time. Most of Long Yuan's value examination focuses on studying past and present price action to predict the probability of Long Yuan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Long Yuan's price. Additionally, you may evaluate how the addition of Long Yuan to your portfolios can decrease your overall portfolio volatility.
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