Flat Glass (China) Price on September 20, 2024
| 601865 Stock | 21.22 0.39 1.80% |
Below is the normalized historical share price chart for Flat Glass Group extending back to February 15, 2019. 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 Flat Glass stands at 21.22, as last reported on the 23rd of December, with the highest price reaching 21.74 and the lowest price hitting 21.17 during the day.
If you're considering investing in Flat Stock, it is important to understand the factors that can impact its price. Flat Glass appears to be not too volatile, given 3 months investment horizon. Flat Glass Group secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of standard deviation over the last 3 months. By reviewing Flat Glass' technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Flat Glass' Semi Deviation of 3.42, mean deviation of 3.3, and Downside Deviation of 3.76 to check if our risk estimates are consistent with your expectations.
At present, Flat Glass' 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 679.4 M, whereas Common Stock is forecasted to decline to about 537.6 M. . Flat Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 22.5279 | 50 Day MA 24.1692 | Beta 1.234 |
Flat |
Sharpe Ratio = 0.1354
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601865 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.47 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Flat Glass is performing at about 10% 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 Flat Glass by adding it to a well-diversified portfolio.
Price Book 2.2042 | Enterprise Value Ebitda 8.4983 | Price Sales 2.2113 | Shares Float 1.1 B | Wall Street Target Price 25.11 |
Flat Glass Valuation on September 20, 2024
It is possible to determine the worth of Flat Glass on a given historical date. On September 20, 2024 Flat was worth 15.5 at the beginning of the trading date compared to the closed value of 15.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Flat Glass stock. Still, in general, we apply an absolute valuation method to find Flat Glass' 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 Flat Glass where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Flat Glass' related companies.
| Open | High | Low | Close | Volume | |
| 15.58 | 16.08 | 15.40 | 15.57 | 18,241,088 | |
09/20/2024 | 15.50 | 15.55 | 14.82 | 15.16 | 22,355,566 |
| 15.16 | 15.17 | 14.80 | 14.82 | 12,030,639 |
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Flat Glass Trading Date Momentum on September 20, 2024
| On September 23 2024 Flat Glass Group was traded for 14.82 at the closing time. The highest price during the trading period was 15.17 and the lowest recorded bid was listed for 14.80 . The volume for the day was 12 M. This history from September 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.24% . The overall trading delta to the current price is 29.29% . |
Flat Glass Group Fundamentals Correlations and Trends
By evaluating Flat Glass' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Flat Glass' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Flat financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Flat Glass Stock history
Flat Glass 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 Flat is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Flat Glass Group 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 Flat Glass stock prices may prove useful in developing a viable investing in Flat Glass
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.4 B | 2.2 B | |
| Net Income Applicable To Common Shares | 2.4 B | 1.3 B |
Flat Glass Quarterly Net Working Capital |
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Flat Glass Stock Technical Analysis
Flat Glass 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
Flat Glass Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Flat Glass Group 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.
Flat Glass December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Flat Glass stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Flat Glass shares will generate the highest return on investment. By undertsting and applying Flat Glass stock market strength indicators, traders can identify Flat Glass Group entry and exit signals to maximize returns
Flat Glass Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Flat Glass' price direction in advance. Along with the technical and fundamental analysis of Flat Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Flat 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 | 0.0892 | |||
| Jensen Alpha | 0.4644 | |||
| Total Risk Alpha | 0.3171 | |||
| Sortino Ratio | 0.1114 | |||
| Treynor Ratio | (0.41) |
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| Volume Indicators |
Complementary Tools for Flat Stock analysis
When running Flat Glass' price analysis, check to measure Flat Glass' 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 Flat Glass is operating at the current time. Most of Flat Glass' value examination focuses on studying past and present price action to predict the probability of Flat Glass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flat Glass' price. Additionally, you may evaluate how the addition of Flat Glass to your portfolios can decrease your overall portfolio volatility.
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