Railway Signal (China) Price on July 4, 2024

688009 Stock   6.21  0.09  1.47%   
Below is the normalized historical share price chart for Railway Signal Communication extending back to July 22, 2019. 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 Railway Signal stands at 6.21, as last reported on the 27th of December, with the highest price reaching 6.24 and the lowest price hitting 6.06 during the day.
200 Day MA
5.8877
50 Day MA
6.4508
Beta
0.351
 
Covid
If you're considering investing in Railway Stock, it is important to understand the factors that can impact its price. Railway Signal Commu maintains Sharpe Ratio (i.e., Efficiency) of -0.0042, which implies the firm had a -0.0042% return per unit of risk over the last 3 months. Railway Signal Commu exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Railway Signal's Coefficient Of Variation of 811.82, semi deviation of 2.13, and Risk Adjusted Performance of 0.1054 to confirm the risk estimate we provide.
  
The current year's Other Stockholder Equity is expected to grow to about 3.6 B, whereas Total Stockholder Equity is forecasted to decline to about 40.4 B. . Railway Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0042

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Negative Returns688009

Estimated Market Risk

 2.7
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Railway Signal 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 Railway Signal by adding Railway Signal to a well-diversified portfolio.
Price Book
1.3906
Enterprise Value Ebitda
9.2746
Price Sales
1.8084
Shares Float
3.6 B
Wall Street Target Price
6.6

Railway Signal Main Headline on 4th of July 2024

Some Investors May Be Worried About China Railway Signal Communications Returns On Capital Simply Wall St

Railway Signal Valuation on July 4, 2024

It is possible to determine the worth of Railway Signal on a given historical date. On July 4, 2024 Railway was worth 6.03 at the beginning of the trading date compared to the closed value of 5.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Railway Signal stock. Still, in general, we apply an absolute valuation method to find Railway Signal'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 Railway Signal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Railway Signal's related companies.
 Open High Low Close Volume
  6.01    6.06    5.96    6.00    21,330,848  
07/04/2024
  6.03    6.05    5.91    5.93    23,334,766  
  5.93    5.93    5.93    5.93    20,084,771  
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Open Value
6.03
5.93
Closing Value
14.14
Upside

Railway Signal Trading Date Momentum on July 4, 2024

On July 05 2024 Railway Signal Communication was traded for  5.93  at the closing time. The highest price during the trading period was 5.93  and the lowest recorded bid was listed for  5.93 . The volume for the day was 20.1 M. This history from July 5, 2024 did not cause price change. The trading delta at closing time to the current price is 4.22% .

Railway Signal Commu Fundamentals Correlations and Trends

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

About Railway Signal Stock history

Railway Signal 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 Railway is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Railway Signal Commu 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 Railway Signal stock prices may prove useful in developing a viable investing in Railway Signal
Last ReportedProjected for Next Year
Common Stock Shares Outstanding12.2 B11.1 B
Net Income Applicable To Common Shares3.8 B3.7 B

Railway Signal Quarterly Net Working Capital

26.27 Billion

Railway Signal Stock Technical Analysis

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

Railway Signal Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Railway Signal Communication 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.

Railway Signal December 27, 2024 Market Strength

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

Railway Signal Technical and Predictive Indicators

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

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