Zhongzhu Medical (China) Price on September 24, 2024

600568 Stock   1.56  0.01  0.65%   
Below is the normalized historical share price chart for Zhongzhu Medical Holdings extending back to May 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 Zhongzhu Medical stands at 1.56, as last reported on the 11th of December 2024, with the highest price reaching 1.56 and the lowest price hitting 1.52 during the day.
IPO Date
23rd of April 2001
200 Day MA
1.3651
50 Day MA
1.3648
Beta
0.332
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Zhongzhu Stock, it is important to understand the factors that can impact its price. Zhongzhu Medical appears to be very risky, given 3 months investment horizon. Zhongzhu Medical Holdings shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zhongzhu Medical Holdings, which you can use to evaluate the volatility of the company. Please utilize Zhongzhu Medical's Market Risk Adjusted Performance of 2.68, downside deviation of 2.61, and Mean Deviation of 1.98 to validate if our risk estimates are consistent with your expectations.
  
The current year's Common Stock is expected to grow to about 2.4 B, whereas Total Stockholder Equity is forecasted to decline to about 2.1 B. . Zhongzhu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.154

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Estimated Market Risk

 2.51
  actual daily
22
78% of assets are more volatile

Expected Return

 0.39
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
12
88% of assets perform better
Based on monthly moving average Zhongzhu Medical 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 Zhongzhu Medical by adding it to a well-diversified portfolio.
Price Book
1.3566
Enterprise Value Ebitda
(20.77)
Price Sales
4.7829
Shares Float
809.5 M
Wall Street Target Price
12.5

Zhongzhu Medical Valuation on September 24, 2024

It is possible to determine the worth of Zhongzhu Medical on a given historical date. On September 24, 2024 Zhongzhu was worth 1.2 at the beginning of the trading date compared to the closed value of 1.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhongzhu Medical stock. Still, in general, we apply an absolute valuation method to find Zhongzhu Medical'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 Zhongzhu Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhongzhu Medical's related companies.
 Open High Low Close Volume
  1.21    1.23    1.19    1.21    4,137,300  
09/24/2024
  1.20    1.27    1.20    1.25    6,710,720  
  1.24    1.27    1.23    1.25    6,054,783  
Backtest Zhongzhu Medical  |  Zhongzhu Medical History  |  Zhongzhu Medical Valuation   PreviousNext  
Open Value
1.2
1.25
Closing Value
8.72
Upside

Zhongzhu Medical Trading Date Momentum on September 24, 2024

On September 25 2024 Zhongzhu Medical Holdings was traded for  1.25  at the closing time. The highest price during the trading period was 1.27  and the lowest recorded bid was listed for  1.23 . The volume for the day was 6.1 M. This history from September 25, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 12.80% .

Zhongzhu Medical Holdings Fundamentals Correlations and Trends

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

About Zhongzhu Medical Stock history

Zhongzhu Medical 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 Zhongzhu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhongzhu Medical Holdings 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 Zhongzhu Medical stock prices may prove useful in developing a viable investing in Zhongzhu Medical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.8 B1.6 B
Net Loss-719.3 M-683.3 M

Zhongzhu Medical Quarterly Net Working Capital

1.09 Billion

Zhongzhu Medical Stock Technical Analysis

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

Zhongzhu Medical Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Zhongzhu Medical Holdings 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.

Zhongzhu Medical December 11, 2024 Market Strength

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

Zhongzhu Medical Technical and Predictive Indicators

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

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