Suzhou Douson (China) Price on December 10, 2024

603800 Stock   27.70  0.05  0.18%   
Below is the normalized historical share price chart for Suzhou Douson Drilling extending back to December 10, 2015. 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 Suzhou Douson stands at 27.70, as last reported on the 12th of December 2024, with the highest price reaching 28.55 and the lowest price hitting 26.91 during the day.
200 Day MA
21.2801
50 Day MA
22.3566
Beta
0.019
 
Yuan Drop
 
Covid
If you're considering investing in Suzhou Stock, it is important to understand the factors that can impact its price. Suzhou Douson is not too volatile given 3 months investment horizon. Suzhou Douson Drilling owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Suzhou Douson Drilling Risk Adjusted Performance of 0.1656, semi deviation of 2.5, and Coefficient Of Variation of 458.95 to evaluate company specific risk that cannot be diversified away.
  
The current year's Total Stockholder Equity is expected to grow to about 887.6 M, whereas Common Stock is forecasted to decline to about 211.6 M. . Suzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2441

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Average Returns
Small Returns603800
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Estimated Market Risk

 4.16
  actual daily
37
63% of assets are more volatile

Expected Return

 1.02
  actual daily
20
80% of assets have higher returns

Risk-Adjusted Return

 0.24
  actual daily
19
81% of assets perform better
Based on monthly moving average Suzhou Douson is performing at about 19% 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 Suzhou Douson by adding it to a well-diversified portfolio.
Price Book
7.312
Enterprise Value Ebitda
18.5042
Price Sales
3.1868
Shares Float
80.2 M
Wall Street Target Price
26.2

Suzhou Douson Valuation on December 10, 2024

It is possible to determine the worth of Suzhou Douson on a given historical date. On December 10, 2024 Suzhou was worth 25.86 at the beginning of the trading date compared to the closed value of 27.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Suzhou Douson stock. Still, in general, we apply an absolute valuation method to find Suzhou Douson'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 Suzhou Douson where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Suzhou Douson's related companies.
 Open High Low Close Volume
  25.10    25.45    24.50    25.23    4,111,100  
12/10/2024
  25.86    27.75    25.06    27.65    11,295,578  
  27.02    28.55    26.91    27.70    7,375,638  
Backtest Suzhou Douson  |  Suzhou Douson History  |  Suzhou Douson Valuation   PreviousNext  
Open Value
25.86
27.65
Closing Value
38.35
Upside

Suzhou Douson Trading Date Momentum on December 10, 2024

On December 11 2024 Suzhou Douson Drilling was traded for  27.70  at the closing time. The highest price during the trading period was 28.55  and the lowest recorded bid was listed for  26.91 . The volume for the day was 7.4 M. This history from December 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.18% . The trading price change to the current price is 2.28% .

Suzhou Douson Drilling Fundamentals Correlations and Trends

By evaluating Suzhou Douson'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 Suzhou Douson's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Suzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Suzhou Douson Stock history

Suzhou Douson 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 Suzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Suzhou Douson Drilling 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 Suzhou Douson stock prices may prove useful in developing a viable investing in Suzhou Douson
Last ReportedProjected for Next Year
Common Stock Shares Outstanding187.2 M166.4 M
Net Loss-40.9 M-38.9 M

Suzhou Douson Quarterly Net Working Capital

651.35 Million

Suzhou Douson Stock Technical Analysis

Suzhou Douson 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.
A focus of Suzhou Douson technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Suzhou Douson trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Suzhou Douson Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

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Suzhou Douson Drilling 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.

Suzhou Douson December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Suzhou Douson stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Suzhou Douson shares will generate the highest return on investment. By undertsting and applying Suzhou Douson stock market strength indicators, traders can identify Suzhou Douson Drilling entry and exit signals to maximize returns

Suzhou Douson Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Suzhou Douson's price direction in advance. Along with the technical and fundamental analysis of Suzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Suzhou 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.

Complementary Tools for Suzhou Stock analysis

When running Suzhou Douson's price analysis, check to measure Suzhou Douson'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 Suzhou Douson is operating at the current time. Most of Suzhou Douson's value examination focuses on studying past and present price action to predict the probability of Suzhou Douson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suzhou Douson's price. Additionally, you may evaluate how the addition of Suzhou Douson to your portfolios can decrease your overall portfolio volatility.
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