Namchow Food (China) Price on October 23, 2024

605339 Stock   19.67  0.96  5.13%   
If you're considering investing in Namchow Stock, it is important to understand the factors that can impact its price. As of today, the current price of Namchow Food stands at 19.67, as last reported on the 13th of December 2024, with the highest price reaching 19.70 and the lowest price hitting 18.44 during the day. Namchow Food appears to be very steady, given 3 months investment horizon. Namchow Food Group has Sharpe Ratio of 0.27, which conveys that the firm had a 0.27% return per unit of risk over the last 3 months. By analyzing Namchow Food's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please exercise Namchow Food's Risk Adjusted Performance of 0.1676, mean deviation of 1.55, and Downside Deviation of 2.06 to check out if our risk estimates are consistent with your expectations.
  
At present, Namchow Food's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 440.4 M, whereas Total Stockholder Equity is forecasted to decline to about 2.3 B. . Namchow Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.272

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Estimated Market Risk

 2.33
  actual daily
20
80% of assets are more volatile

Expected Return

 0.63
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.27
  actual daily
21
79% of assets perform better
Based on monthly moving average Namchow Food is performing at about 21% 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 Namchow Food by adding it to a well-diversified portfolio.
Price Book
2.3338
Enterprise Value Ebitda
22.1941
Price Sales
2.6943
Shares Float
64.7 M
Dividend Share
0.11

Namchow Food Valuation on October 23, 2024

It is possible to determine the worth of Namchow Food on a given historical date. On October 23, 2024 Namchow was worth 16.46 at the beginning of the trading date compared to the closed value of 16.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Namchow Food stock. Still, in general, we apply an absolute valuation method to find Namchow Food'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 Namchow Food where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Namchow Food's related companies.
 Open High Low Close Volume
  16.32    16.50    16.21    16.46    756,200  
10/23/2024
  16.46    16.97    16.43    16.69    1,392,796  
  16.67    17.12    16.63    16.88    1,531,142  
Backtest Namchow Food  |  Namchow Food History  |  Namchow Food Valuation   PreviousNext  
Open Value
16.46
16.69
Closing Value
23.45
Upside

Namchow Food Trading Date Momentum on October 23, 2024

On October 24 2024 Namchow Food Group was traded for  16.88  at the closing time. The highest price during the trading period was 17.12  and the lowest recorded bid was listed for  16.63 . The volume for the day was 1.5 M. This history from October 24, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.14% . The trading delta at closing time to the current price is 2.88% .

Namchow Food Group Fundamentals Correlations and Trends

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

About Namchow Food Stock history

Namchow Food 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 Namchow is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Namchow Food 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 Namchow Food stock prices may prove useful in developing a viable investing in Namchow Food
Last ReportedProjected for Next Year
Common Stock Shares Outstanding426.1 M408.4 M

Namchow Food Quarterly Net Working Capital

1.73 Billion

Namchow Food Stock Technical Analysis

Namchow Food 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 Namchow Food technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Namchow Food 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

Namchow Food Period Price Range

Low
December 13, 2024
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High

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Namchow Food 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.

Namchow Food December 13, 2024 Market Strength

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

Namchow Food Technical and Predictive Indicators

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

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