Eyebright Medical (China) Price on September 20, 2024

688050 Stock   92.55  2.54  2.82%   
If you're considering investing in Eyebright Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eyebright Medical stands at 92.55, as last reported on the 30th of December, with the highest price reaching 93.33 and the lowest price hitting 89.36 during the day. Eyebright Medical secures Sharpe Ratio (or Efficiency) of -0.0668, which denotes the company had a -0.0668% return per unit of risk over the last 3 months. Eyebright Medical Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eyebright Medical's Standard Deviation of 3.36, mean deviation of 2.49, and Variance of 11.29 to check the risk estimate we provide.
  
Eyebright Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0668

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Estimated Market Risk

 3.36
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Eyebright Medical 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 Eyebright Medical by adding Eyebright Medical to a well-diversified portfolio.

Eyebright Medical Valuation on September 20, 2024

It is possible to determine the worth of Eyebright Medical on a given historical date. On September 20, 2024 Eyebright was worth 78.18 at the beginning of the trading date compared to the closed value of 74.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eyebright Medical stock. Still, in general, we apply an absolute valuation method to find Eyebright Medical'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 Eyebright Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eyebright Medical's related companies.
 Open High Low Close Volume
  77.91    80.98    77.16    78.21    1,358,936  
09/20/2024
  78.18    78.23    74.01    74.04    2,339,691  
  74.45    74.92    70.86    71.52    1,988,743  
Backtest Eyebright Medical  |  Eyebright Medical History  |  Eyebright Medical Valuation   PreviousNext  
Open Value
78.18
74.04
Closing Value
88.26
Upside

Eyebright Medical Trading Date Momentum on September 20, 2024

On September 23 2024 Eyebright Medical Technology was traded for  71.52  at the closing time. The highest price during the trading period was 74.92  and the lowest recorded bid was listed for  70.86 . The volume for the day was 2 M. This history from September 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.40% . The overall trading delta to the current price is 22.91% .

Eyebright Medical Fundamentals Correlations and Trends

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

About Eyebright Medical Stock history

Eyebright Medical 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 Eyebright is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eyebright Medical 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 Eyebright Medical stock prices may prove useful in developing a viable investing in Eyebright Medical

Eyebright Medical Stock Technical Analysis

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

Eyebright Medical Period Price Range

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December 30, 2024
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Eyebright Medical Technology 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.

Eyebright Medical December 30, 2024 Market Strength

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

Eyebright Medical Technical and Predictive Indicators

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

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