Hangzhou Pinming (China) Price on October 23, 2024

688109 Stock   27.41  0.39  1.40%   
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 Pinming stands at 27.41, as last reported on the 29th of November, with the highest price reaching 28.15 and the lowest price hitting 27.20 during the day. At this point, Hangzhou Pinming is not too volatile. Hangzhou Pinming Software holds Efficiency (Sharpe) Ratio of 0.0426, which attests that the entity had a 0.0426% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hangzhou Pinming Software, which you can use to evaluate the volatility of the firm. Please check out Hangzhou Pinming's Downside Deviation of 4.26, risk adjusted performance of 0.03, and Market Risk Adjusted Performance of (0.20) to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
  
As of November 29, 2024, Total Stockholder Equity is expected to decline to about 658.1 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 74 M. Hangzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0426

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Estimated Market Risk

 4.09
  actual daily
36
64% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Hangzhou Pinming is performing at about 3% 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 Hangzhou Pinming by adding it to a well-diversified portfolio.
Price Book
2.8047
Enterprise Value Ebitda
49.0971
Price Sales
4.7547
Shares Float
25.9 M
Dividend Share
0.3

Hangzhou Pinming Valuation on October 23, 2024

It is possible to determine the worth of Hangzhou Pinming on a given historical date. On October 23, 2024 Hangzhou was worth 28.61 at the beginning of the trading date compared to the closed value of 28.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hangzhou Pinming stock. Still, in general, we apply an absolute valuation method to find Hangzhou Pinming'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 Pinming where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hangzhou Pinming's related companies.
 Open High Low Close Volume
  28.87    29.00    28.00    28.50    1,480,859  
10/23/2024
  28.61    28.62    28.08    28.22    1,397,499  
  28.01    28.22    27.42    28.08    1,073,107  
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Open Value
28.61
28.22
Closing Value
40.88
Upside

Hangzhou Pinming Trading Date Momentum on October 23, 2024

On October 24 2024 Hangzhou Pinming Software was traded for  28.08  at the closing time. The highest price during the trading period was 28.22  and the lowest recorded bid was listed for  27.42 . The volume for the day was 1.1 M. This history from October 24, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.50% . The trading delta at closing time to the current price is 10.45% .

Hangzhou Pinming Software Fundamentals Correlations and Trends

By evaluating Hangzhou Pinming'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 Pinming'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 Pinming Stock history

Hangzhou Pinming 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 Pinming Software 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 Pinming stock prices may prove useful in developing a viable investing in Hangzhou Pinming
Last ReportedProjected for Next Year
Common Stock Shares Outstanding90.7 M74 M

Hangzhou Pinming Quarterly Net Working Capital

737.82 Million

Hangzhou Pinming Stock Technical Analysis

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

Hangzhou Pinming Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hangzhou Pinming Software 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 Pinming November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Hangzhou Pinming 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 Pinming shares will generate the highest return on investment. By undertsting and applying Hangzhou Pinming stock market strength indicators, traders can identify Hangzhou Pinming Software entry and exit signals to maximize returns

Hangzhou Pinming Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hangzhou Pinming'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.

Complementary Tools for Hangzhou Stock analysis

When running Hangzhou Pinming's price analysis, check to measure Hangzhou Pinming'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 Pinming is operating at the current time. Most of Hangzhou Pinming's value examination focuses on studying past and present price action to predict the probability of Hangzhou Pinming'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 Pinming's price. Additionally, you may evaluate how the addition of Hangzhou Pinming to your portfolios can decrease your overall portfolio volatility.
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