Metro Investment (China) Price on June 28, 2024
| 600683 Stock | 4.62 0.11 2.44% |
Below is the normalized historical share price chart for Metro Investment Development extending back to December 01, 1995. 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 Metro Investment stands at 4.62, as last reported on the 28th of November, with the highest price reaching 4.70 and the lowest price hitting 4.49 during the day.
If you're considering investing in Metro Stock, it is important to understand the factors that can impact its price. Metro Investment appears to be relatively risky, given 3 months investment horizon. Metro Investment Dev has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. By analyzing Metro Investment's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise Metro Investment's Mean Deviation of 2.63, risk adjusted performance of 0.0977, and Downside Deviation of 3.25 to check out if our risk estimates are consistent with your expectations.
At present, Metro Investment's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 7.5 B, whereas Common Stock is forecasted to decline to about 579.6 M. . Metro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of October 1993 | 200 Day MA 4.1098 | 50 Day MA 4.3414 | Beta 0.678 |
Metro |
Sharpe Ratio = 0.1541
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600683 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.59 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Metro Investment 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 Metro Investment by adding it to a well-diversified portfolio.
Price Book 0.4968 | Enterprise Value Ebitda 39.1073 | Price Sales 2.1146 | Shares Float 323.3 M | Wall Street Target Price 10.13 |
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Metro Investment Valuation on June 28, 2024
It is possible to determine the worth of Metro Investment on a given historical date. On June 28, 2024 Metro was worth 3.71 at the beginning of the trading date compared to the closed value of 3.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metro Investment stock. Still, in general, we apply an absolute valuation method to find Metro Investment'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 Metro Investment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metro Investment's related companies.
| Open | High | Low | Close | Volume | |
| 3.91 | 4.04 | 3.72 | 3.73 | 18,275,300 | |
06/28/2024 | 3.71 | 3.81 | 3.64 | 3.73 | 14,358,551 |
| 3.70 | 3.88 | 3.67 | 3.86 | 15,461,331 |
| Backtest Metro Investment | | | Metro Investment History | | | Metro Investment Valuation | Previous | Next |
Metro Investment Trading Date Momentum on June 28, 2024
| On July 01 2024 Metro Investment Development was traded for 3.86 at the closing time. The highest price during the trading period was 3.88 and the lowest recorded bid was listed for 3.67 . The volume for the day was 15.5 M. This history from July 1, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.49% . The trading delta at closing time to the current price is 1.07% . |
Metro Investment Dev Fundamentals Correlations and Trends
By evaluating Metro Investment'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 Metro Investment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Metro Investment Stock history
Metro Investment 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 Metro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metro Investment Dev 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 Metro Investment stock prices may prove useful in developing a viable investing in Metro Investment
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 666.7 M | 592.6 M | |
| Net Income Applicable To Common Shares | 377.9 M | 396.8 M |
Metro Investment Quarterly Net Working Capital |
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Metro Investment Stock Technical Analysis
Metro Investment 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
Metro Investment Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Metro Investment Development 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.
Metro Investment November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Metro Investment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metro Investment shares will generate the highest return on investment. By undertsting and applying Metro Investment stock market strength indicators, traders can identify Metro Investment Development entry and exit signals to maximize returns
Metro Investment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metro Investment's price direction in advance. Along with the technical and fundamental analysis of Metro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metro 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 | 0.0977 | |||
| Jensen Alpha | 0.417 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0858 | |||
| Treynor Ratio | (2.02) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Metro Stock analysis
When running Metro Investment's price analysis, check to measure Metro Investment'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 Metro Investment is operating at the current time. Most of Metro Investment's value examination focuses on studying past and present price action to predict the probability of Metro Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metro Investment's price. Additionally, you may evaluate how the addition of Metro Investment to your portfolios can decrease your overall portfolio volatility.
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