Hainan Haiqi (China) Price on November 28, 2024
| 603069 Stock | 21.14 0.74 3.63% |
Below is the normalized historical share price chart for Hainan Haiqi Transportation extending back to July 12, 2016. 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 Hainan Haiqi stands at 21.14, as last reported on the 13th of December 2024, with the highest price reaching 21.42 and the lowest price hitting 20.83 during the day.
If you're considering investing in Hainan Stock, it is important to understand the factors that can impact its price. Hainan Haiqi appears to be not too volatile, given 3 months investment horizon. Hainan Haiqi Transpo holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. By evaluating Hainan Haiqi's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please utilize Hainan Haiqi's Downside Deviation of 3.39, market risk adjusted performance of 14.89, and Risk Adjusted Performance of 0.1347 to validate if our risk estimates are consistent with your expectations.
At present, Hainan Haiqi'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 19.4 M, whereas Common Stock is forecasted to decline to about 308.1 M. . Hainan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 17.4121 | 50 Day MA 19.4252 | Beta 0.831 |
Hainan |
Sharpe Ratio = 0.2022
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Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Hainan Haiqi is performing at about 15% 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 Hainan Haiqi by adding it to a well-diversified portfolio.
Price Book 7.4072 | Book Value 2.854 | Enterprise Value 7.1 B | Enterprise Value Ebitda 36.0496 | Price Sales 7.8359 |
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Hainan Haiqi Valuation on November 28, 2024
It is possible to determine the worth of Hainan Haiqi on a given historical date. On November 28, 2024 Hainan was worth 19.3 at the beginning of the trading date compared to the closed value of 20.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hainan Haiqi stock. Still, in general, we apply an absolute valuation method to find Hainan Haiqi'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 Hainan Haiqi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hainan Haiqi's related companies.
| Open | High | Low | Close | Volume | |
| 19.01 | 19.30 | 18.53 | 19.30 | 6,028,328 | |
11/28/2024 | 19.30 | 20.80 | 19.13 | 20.10 | 12,049,165 |
| 20.00 | 20.20 | 19.66 | 20.16 | 7,297,500 |
| Backtest Hainan Haiqi | | | Hainan Haiqi History | | | Hainan Haiqi Valuation | Previous | Next |
Hainan Haiqi Trading Date Momentum on November 28, 2024
| On November 29 2024 Hainan Haiqi Transportation was traded for 20.16 at the closing time. The highest price during the trading period was 20.20 and the lowest recorded bid was listed for 19.66 . The volume for the day was 7.3 M. This history from November 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.30% . The trading delta at closing time to the current price is 1.49% . |
Hainan Haiqi Transpo Fundamentals Correlations and Trends
By evaluating Hainan Haiqi'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 Hainan Haiqi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hainan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hainan Haiqi Stock history
Hainan Haiqi 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 Hainan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hainan Haiqi Transpo 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 Hainan Haiqi stock prices may prove useful in developing a viable investing in Hainan Haiqi
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 284.4 M | 252.8 M | |
| Net Loss | -64.6 M | -61.4 M |
Hainan Haiqi Stock Technical Analysis
Hainan Haiqi 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
Hainan Haiqi Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Hainan Haiqi Transportation 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.
Hainan Haiqi December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Hainan Haiqi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hainan Haiqi shares will generate the highest return on investment. By undertsting and applying Hainan Haiqi stock market strength indicators, traders can identify Hainan Haiqi Transportation entry and exit signals to maximize returns
Hainan Haiqi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hainan Haiqi's price direction in advance. Along with the technical and fundamental analysis of Hainan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hainan 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 | 0.1347 | |||
| Jensen Alpha | 0.5482 | |||
| Total Risk Alpha | 0.1012 | |||
| Sortino Ratio | 0.1328 | |||
| Treynor Ratio | 14.88 |
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| Volume Indicators |
Complementary Tools for Hainan Stock analysis
When running Hainan Haiqi's price analysis, check to measure Hainan Haiqi'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 Hainan Haiqi is operating at the current time. Most of Hainan Haiqi's value examination focuses on studying past and present price action to predict the probability of Hainan Haiqi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hainan Haiqi's price. Additionally, you may evaluate how the addition of Hainan Haiqi to your portfolios can decrease your overall portfolio volatility.
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