Hangzhou Huawang (China) Price on May 17, 2024
605377 Stock | 13.42 0.05 0.37% |
If you're considering investing in Hangzhou Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hangzhou Huawang stands at 13.42, as last reported on the 27th of December, with the highest price reaching 13.59 and the lowest price hitting 13.34 during the day. Hangzhou Huawang New holds Efficiency (Sharpe) Ratio of -0.0131, which attests that the entity had a -0.0131% return per unit of risk over the last 3 months. Hangzhou Huawang New exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hangzhou Huawang's Market Risk Adjusted Performance of (9.49), downside deviation of 2.81, and Risk Adjusted Performance of 0.1114 to validate the risk estimate we provide.
As of December 27, 2024, Total Stockholder Equity is expected to decline to about 3 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 428.1 M. Hangzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hangzhou |
Sharpe Ratio = -0.0131
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Negative Returns | 605377 |
Estimated Market Risk
2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hangzhou Huawang is not performing at its full potential. However, 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 Hangzhou Huawang by adding Hangzhou Huawang to a well-diversified portfolio.
Price Book 1.5989 | Enterprise Value Ebitda 7.2775 | Price Sales 1.6687 | Shares Float 239 M | Dividend Share 1.206 |
Hangzhou Huawang Valuation on May 17, 2024
It is possible to determine the worth of Hangzhou Huawang on a given historical date. On May 17, 2024 Hangzhou was worth 15.05 at the beginning of the trading date compared to the closed value of 15.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hangzhou Huawang stock. Still, in general, we apply an absolute valuation method to find Hangzhou Huawang'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 Hangzhou Huawang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hangzhou Huawang's related companies.
Open | High | Low | Close | Volume | |
15.15 | 15.28 | 14.95 | 15.06 | 2,655,940 | |
05/17/2024 | 15.05 | 15.26 | 14.95 | 15.25 | 2,234,737 |
15.31 | 15.70 | 15.19 | 15.55 | 3,200,652 |
Backtest Hangzhou Huawang | | | Hangzhou Huawang History | | | Hangzhou Huawang Valuation | Previous | Next |
Hangzhou Huawang Trading Date Momentum on May 17, 2024
On May 20 2024 Hangzhou Huawang New was traded for 15.55 at the closing time. The highest price during the trading period was 15.70 and the lowest recorded bid was listed for 15.19 . The volume for the day was 3.2 M. This history from May 20, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.97% . The trading delta at closing time to the current price is 1.64% . |
Hangzhou Huawang New Fundamentals Correlations and Trends
By evaluating Hangzhou Huawang'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 Hangzhou Huawang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hangzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hangzhou Huawang Stock history
Hangzhou Huawang 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 Hangzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hangzhou Huawang New 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 Hangzhou Huawang stock prices may prove useful in developing a viable investing in Hangzhou Huawang
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 465.1 M | 428.1 M |
Hangzhou Huawang Quarterly Net Working Capital |
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Hangzhou Huawang Stock Technical Analysis
Hangzhou Huawang 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
Hangzhou Huawang Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Hangzhou Huawang New 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.
Hangzhou Huawang December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Hangzhou Huawang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hangzhou Huawang shares will generate the highest return on investment. By undertsting and applying Hangzhou Huawang stock market strength indicators, traders can identify Hangzhou Huawang New entry and exit signals to maximize returns
Hangzhou Huawang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hangzhou Huawang's price direction in advance. Along with the technical and fundamental analysis of Hangzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hangzhou 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 | 0.1114 | |||
Jensen Alpha | 0.3511 | |||
Total Risk Alpha | 0.2004 | |||
Sortino Ratio | 0.109 | |||
Treynor Ratio | (9.50) |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Hangzhou Stock analysis
When running Hangzhou Huawang's price analysis, check to measure Hangzhou Huawang'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 Hangzhou Huawang is operating at the current time. Most of Hangzhou Huawang's value examination focuses on studying past and present price action to predict the probability of Hangzhou Huawang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hangzhou Huawang's price. Additionally, you may evaluate how the addition of Hangzhou Huawang to your portfolios can decrease your overall portfolio volatility.
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