Cansino Biologics (China) Price on November 25, 2024
| 688185 Stock | 67.55 0.94 1.37% |
Below is the normalized historical share price chart for Cansino Biologics extending back to August 13, 2020. 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 Cansino Biologics stands at 67.55, as last reported on the 12th of December 2024, with the highest price reaching 69.85 and the lowest price hitting 67.45 during the day.
If you're considering investing in Cansino Stock, it is important to understand the factors that can impact its price. Cansino Biologics is not too volatile given 3 months investment horizon. Cansino Biologics secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.03% are justified by taking the suggested risk. Use Cansino Biologics Risk Adjusted Performance of 0.142, downside deviation of 4.11, and Mean Deviation of 3.16 to evaluate company specific risk that cannot be diversified away.
At present, Cansino Biologics' Stock Based Compensation is projected to decrease significantly based on the last few years of reporting. The current year's Sale Purchase Of Stock is expected to grow to about 17.9 M, whereas Total Stockholder Equity is forecasted to decline to about 4.5 B. . Cansino Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 50.0035 | 50 Day MA 60.0816 | Beta 0.49 |
Cansino |
Sharpe Ratio = 0.1871
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688185 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.49 actual daily | 48 52% of assets are more volatile |
Expected Return
| 1.03 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Cansino Biologics is performing at about 14% 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 Cansino Biologics by adding it to a well-diversified portfolio.
Price Book 3.3497 | Enterprise Value Ebitda (3.94) | Price Sales 15.8577 | Shares Float 126.9 M | Wall Street Target Price 61.34 |
Cansino Biologics Valuation on November 25, 2024
It is possible to determine the worth of Cansino Biologics on a given historical date. On November 25, 2024 Cansino was worth 62.15 at the beginning of the trading date compared to the closed value of 63.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cansino Biologics stock. Still, in general, we apply an absolute valuation method to find Cansino Biologics' 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 Cansino Biologics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cansino Biologics' related companies.
| Open | High | Low | Close | Volume | |
| 67.70 | 67.88 | 62.08 | 62.11 | 3,030,696 | |
11/25/2024 | 62.15 | 64.20 | 62.15 | 63.90 | 2,306,955 |
| 63.75 | 66.50 | 63.29 | 63.88 | 2,281,607 |
| Backtest Cansino Biologics | | | Cansino Biologics History | | | Cansino Biologics Valuation | Previous | Next |
Cansino Biologics Trading Date Momentum on November 25, 2024
| On November 26 2024 Cansino Biologics was traded for 63.88 at the closing time. The highest price during the trading period was 66.50 and the lowest recorded bid was listed for 63.29 . The volume for the day was 2.3 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.03% . The overall trading delta to the current price is 3.19% . |
Cansino Biologics Fundamentals Correlations and Trends
By evaluating Cansino Biologics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cansino Biologics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cansino financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cansino Biologics Stock history
Cansino Biologics 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 Cansino is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cansino Biologics 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 Cansino Biologics stock prices may prove useful in developing a viable investing in Cansino Biologics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 284.6 M | 259.1 M | |
| Net Loss | -1 B | -993.6 M |
Cansino Biologics Quarterly Net Working Capital |
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Cansino Biologics Stock Technical Analysis
Cansino Biologics 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
Cansino Biologics Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Cansino Biologics 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.
Cansino Biologics December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Cansino Biologics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cansino Biologics shares will generate the highest return on investment. By undertsting and applying Cansino Biologics stock market strength indicators, traders can identify Cansino Biologics entry and exit signals to maximize returns
Cansino Biologics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cansino Biologics' price direction in advance. Along with the technical and fundamental analysis of Cansino Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cansino 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 | 0.142 | |||
| Jensen Alpha | 0.9315 | |||
| Total Risk Alpha | 0.1242 | |||
| Sortino Ratio | 0.2002 | |||
| Treynor Ratio | 20.15 |
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Complementary Tools for Cansino Stock analysis
When running Cansino Biologics' price analysis, check to measure Cansino Biologics' 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 Cansino Biologics is operating at the current time. Most of Cansino Biologics' value examination focuses on studying past and present price action to predict the probability of Cansino Biologics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cansino Biologics' price. Additionally, you may evaluate how the addition of Cansino Biologics to your portfolios can decrease your overall portfolio volatility.
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