Chahua Modern (China) Price on August 1, 2024
| 603615 Stock | 22.06 0.19 0.87% |
Below is the normalized historical share price chart for Chahua Modern Housewares extending back to February 13, 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 Chahua Modern stands at 22.06, as last reported on the 3rd of December, with the highest price reaching 23.35 and the lowest price hitting 21.68 during the day.
If you're considering investing in Chahua Stock, it is important to understand the factors that can impact its price. Chahua Modern appears to be not too volatile, given 3 months investment horizon. Chahua Modern Housewares secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of standard deviation over the last 3 months. By analyzing Chahua Modern's technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please makes use of Chahua Modern's risk adjusted performance of 0.1828, and Mean Deviation of 3.45 to double-check if our risk estimates are consistent with your expectations.
As of December 3, 2024, Total Stockholder Equity is expected to decline to about 1.1 B. In addition to that, Common Stock is expected to decline to about 235.4 M. Chahua Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 15.1109 | 50 Day MA 18.5814 | Beta 0.778 |
Chahua |
Sharpe Ratio = 0.2137
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603615 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.59 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Chahua Modern is performing at about 16% 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 Chahua Modern by adding it to a well-diversified portfolio.
Price Book 4.594 | Book Value 4.802 | Enterprise Value 4.8 B | Enterprise Value Ebitda 41.8242 | Price Sales 8.9676 |
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Chahua Modern Valuation on August 1, 2024
It is possible to determine the worth of Chahua Modern on a given historical date. On August 1, 2024 Chahua was worth 10.76 at the beginning of the trading date compared to the closed value of 11.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chahua Modern stock. Still, in general, we apply an absolute valuation method to find Chahua Modern'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 Chahua Modern where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chahua Modern's related companies.
| Open | High | Low | Close | Volume | |
| 10.25 | 10.77 | 10.25 | 10.76 | 2,803,700 | |
08/01/2024 | 10.76 | 11.15 | 10.75 | 11.01 | 4,158,500 |
| 10.95 | 11.33 | 10.89 | 10.93 | 3,887,350 |
| Backtest Chahua Modern | | | Chahua Modern History | | | Chahua Modern Valuation | Previous | Next |
Chahua Modern Trading Date Momentum on August 1, 2024
| On August 02 2024 Chahua Modern Housewares was traded for 10.93 at the closing time. The highest price during the trading period was 11.33 and the lowest recorded bid was listed for 10.89 . The volume for the day was 3.9 M. This history from August 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.73% . The overall trading delta to the current price is 6.27% . |
Chahua Modern Housewares Fundamentals Correlations and Trends
By evaluating Chahua Modern'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 Chahua Modern's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chahua financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chahua Modern Stock history
Chahua Modern 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 Chahua is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chahua Modern Housewares 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 Chahua Modern stock prices may prove useful in developing a viable investing in Chahua Modern
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 278.1 M | 266.5 M | |
| Net Loss | -18.4 M | -17.5 M |
Chahua Modern Quarterly Net Working Capital |
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Chahua Modern Stock Technical Analysis
Chahua Modern 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
Chahua Modern Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Chahua Modern Housewares 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.
Chahua Modern December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Chahua Modern stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chahua Modern shares will generate the highest return on investment. By undertsting and applying Chahua Modern stock market strength indicators, traders can identify Chahua Modern Housewares entry and exit signals to maximize returns
Chahua Modern Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chahua Modern's price direction in advance. Along with the technical and fundamental analysis of Chahua Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chahua 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 | 0.1828 | |||
| Jensen Alpha | 0.901 | |||
| Total Risk Alpha | 0.3373 | |||
| Sortino Ratio | 0.2368 | |||
| Treynor Ratio | 1.2 |
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| Volume Indicators |
Complementary Tools for Chahua Stock analysis
When running Chahua Modern's price analysis, check to measure Chahua Modern'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 Chahua Modern is operating at the current time. Most of Chahua Modern's value examination focuses on studying past and present price action to predict the probability of Chahua Modern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chahua Modern's price. Additionally, you may evaluate how the addition of Chahua Modern to your portfolios can decrease your overall portfolio volatility.
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