Suzhou Novoprotein (China) Price on August 30, 2024
| 688137 Stock | 36.25 0.84 2.37% |
If you're considering investing in Suzhou Stock, it is important to understand the factors that can impact its price. As of today, the current price of Suzhou Novoprotein stands at 36.25, as last reported on the 2nd of December, with the highest price reaching 36.27 and the lowest price hitting 35.02 during the day. Suzhou Novoprotein appears to be not too volatile, given 3 months investment horizon. Suzhou Novoprotein owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Suzhou Novoprotein Scientific, which you can use to evaluate the volatility of the company. Please review Suzhou Novoprotein's Coefficient Of Variation of 851.24, semi deviation of 2.69, and Risk Adjusted Performance of 0.0972 to confirm if our risk estimates are consistent with your expectations.
As of December 2, 2024, Total Stockholder Equity is expected to decline to about 1.3 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 67.5 M. Suzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Suzhou |
Sharpe Ratio = 0.1127
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688137 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Suzhou Novoprotein is performing at about 8% 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 Suzhou Novoprotein by adding it to a well-diversified portfolio.
Price Book 1.1916 | Enterprise Value Ebitda 112.3789 | Price Sales 19.28 | Shares Float 22.5 M | Dividend Share 0.5 |
Suzhou Novoprotein Valuation on August 30, 2024
It is possible to determine the worth of Suzhou Novoprotein on a given historical date. On August 30, 2024 Suzhou was worth 29.44 at the beginning of the trading date compared to the closed value of 29.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Suzhou Novoprotein stock. Still, in general, we apply an absolute valuation method to find Suzhou Novoprotein'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 Suzhou Novoprotein where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Suzhou Novoprotein's related companies.
| Open | High | Low | Close | Volume | |
| 29.54 | 29.77 | 29.09 | 29.65 | 188,281 | |
08/30/2024 | 29.44 | 30.24 | 29.44 | 29.80 | 296,001 |
| 29.78 | 30.80 | 29.76 | 30.13 | 196,471 |
| Backtest Suzhou Novoprotein | | | Suzhou Novoprotein History | | | Suzhou Novoprotein Valuation | Previous | Next |
Suzhou Novoprotein Trading Date Momentum on August 30, 2024
| On September 02 2024 Suzhou Novoprotein Scientific was traded for 30.13 at the closing time. The highest price during the trading period was 30.80 and the lowest recorded bid was listed for 29.76 . The volume for the day was 196.5 K. This history from September 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.11% . The trading price change to the current price is 1.58% . |
Suzhou Novoprotein Fundamentals Correlations and Trends
By evaluating Suzhou Novoprotein'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 Suzhou Novoprotein's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Suzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Suzhou Novoprotein Stock history
Suzhou Novoprotein 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 Suzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Suzhou Novoprotein 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 Suzhou Novoprotein stock prices may prove useful in developing a viable investing in Suzhou Novoprotein
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 80.7 M | 67.5 M |
Suzhou Novoprotein Quarterly Net Working Capital |
|
Suzhou Novoprotein Stock Technical Analysis
Suzhou Novoprotein 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
Suzhou Novoprotein Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Suzhou Novoprotein Scientific 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.
Suzhou Novoprotein December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Suzhou Novoprotein stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Suzhou Novoprotein shares will generate the highest return on investment. By undertsting and applying Suzhou Novoprotein stock market strength indicators, traders can identify Suzhou Novoprotein Scientific entry and exit signals to maximize returns
Suzhou Novoprotein Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Suzhou Novoprotein's price direction in advance. Along with the technical and fundamental analysis of Suzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Suzhou 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 | 0.0972 | |||
| Jensen Alpha | 0.3302 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0697 | |||
| Treynor Ratio | 6.02 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Suzhou Stock analysis
When running Suzhou Novoprotein's price analysis, check to measure Suzhou Novoprotein'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 Suzhou Novoprotein is operating at the current time. Most of Suzhou Novoprotein's value examination focuses on studying past and present price action to predict the probability of Suzhou Novoprotein's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suzhou Novoprotein's price. Additionally, you may evaluate how the addition of Suzhou Novoprotein to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Stocks Directory Find actively traded stocks across global markets | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |