Hengdian Entertainment (China) Price on November 29, 2024
| 603103 Stock | 15.85 0.07 0.44% |
Below is the normalized historical share price chart for Hengdian Entertainment Co extending back to October 12, 2017. 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 Hengdian Entertainment stands at 15.85, as last reported on the 11th of December 2024, with the highest price reaching 16.85 and the lowest price hitting 15.68 during the day.
If you're considering investing in Hengdian Stock, it is important to understand the factors that can impact its price. Hengdian Entertainment appears to be somewhat reliable, given 3 months investment horizon. Hengdian Entertainment holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22% return per unit of risk over the last 3 months. By evaluating Hengdian Entertainment's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please utilize Hengdian Entertainment's Downside Deviation of 3.28, risk adjusted performance of 0.1311, and Market Risk Adjusted Performance of (5.86) to validate if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 1.6 B, whereas Common Stock is forecasted to decline to about 523.7 M. . Hengdian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 13.7739 | 50 Day MA 13.2366 | Beta 1.043 |
Hengdian |
Sharpe Ratio = 0.2246
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603103 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.93 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.88 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Hengdian Entertainment is performing at about 17% 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 Hengdian Entertainment by adding it to a well-diversified portfolio.
Price Book 7.4046 | Enterprise Value Ebitda 175.2591 | Price Sales 5.1486 | Shares Float 71.2 M | Wall Street Target Price 16.43 |
Hengdian Entertainment Valuation on November 29, 2024
It is possible to determine the worth of Hengdian Entertainment on a given historical date. On November 29, 2024 Hengdian was worth 15.27 at the beginning of the trading date compared to the closed value of 14.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hengdian Entertainment stock. Still, in general, we apply an absolute valuation method to find Hengdian Entertainment'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 Hengdian Entertainment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hengdian Entertainment's related companies.
| Open | High | Low | Close | Volume | |
| 15.55 | 16.43 | 15.03 | 15.27 | 16,905,834 | |
11/29/2024 | 15.27 | 15.42 | 14.43 | 14.87 | 13,726,265 |
| 14.77 | 15.81 | 14.76 | 15.16 | 12,836,586 |
| Backtest Hengdian Entertainment | | | Hengdian Entertainment History | | | Hengdian Entertainment Valuation | Previous | Next |
Hengdian Entertainment Trading Date Momentum on November 29, 2024
| On December 02 2024 Hengdian Entertainment Co was traded for 15.16 at the closing time. The highest price during the trading period was 15.81 and the lowest recorded bid was listed for 14.76 . The volume for the day was 12.8 M. This history from December 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.95% . The trading delta at closing time to the current price is 6.12% . |
Hengdian Entertainment Fundamentals Correlations and Trends
By evaluating Hengdian Entertainment'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 Hengdian Entertainment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hengdian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hengdian Entertainment Stock history
Hengdian Entertainment 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 Hengdian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hengdian Entertainment 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 Hengdian Entertainment stock prices may prove useful in developing a viable investing in Hengdian Entertainment
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 570.8 M | 507.4 M | |
| Net Income Applicable To Common Shares | 12.3 M | 11.7 M |
Hengdian Entertainment Stock Technical Analysis
Hengdian Entertainment 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
Hengdian Entertainment Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Hengdian Entertainment Co 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.
Hengdian Entertainment December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Hengdian Entertainment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hengdian Entertainment shares will generate the highest return on investment. By undertsting and applying Hengdian Entertainment stock market strength indicators, traders can identify Hengdian Entertainment Co entry and exit signals to maximize returns
Hengdian Entertainment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hengdian Entertainment's price direction in advance. Along with the technical and fundamental analysis of Hengdian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hengdian 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 | 0.1311 | |||
| Jensen Alpha | 0.6411 | |||
| Total Risk Alpha | 0.0346 | |||
| Sortino Ratio | 0.1568 | |||
| Treynor Ratio | (5.87) |
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| Volume Indicators |
Complementary Tools for Hengdian Stock analysis
When running Hengdian Entertainment's price analysis, check to measure Hengdian Entertainment'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 Hengdian Entertainment is operating at the current time. Most of Hengdian Entertainment's value examination focuses on studying past and present price action to predict the probability of Hengdian Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hengdian Entertainment's price. Additionally, you may evaluate how the addition of Hengdian Entertainment to your portfolios can decrease your overall portfolio volatility.
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