Hi Trend (China) Price on October 31, 2024
| 688391 Stock | 33.76 0.52 1.56% |
If you're considering investing in 688391 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hi Trend stands at 33.76, as last reported on the 11th of December 2024, with the highest price reaching 34.45 and the lowest price hitting 33.01 during the day. Hi Trend appears to be not too volatile, given 3 months investment horizon. Hi Trend TechCo retains Efficiency (Sharpe Ratio) of 0.12, which attests that the entity had a 0.12% return per unit of price deviation over the last 3 months. By examining Hi Trend's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Hi Trend's Semi Deviation of 3.58, standard deviation of 4.73, and Market Risk Adjusted Performance of (1.56) to validate if our risk estimates are consistent with your expectations.
As of December 11, 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 116.6 M. 688391 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
688391 |
Sharpe Ratio = 0.1209
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Estimated Market Risk
| 5.06 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Hi Trend is performing at about 9% 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 Hi Trend by adding it to a well-diversified portfolio.
Price Book 2.0487 | Enterprise Value Ebitda 40.3844 | Price Sales 6.6122 | Shares Float 45.6 M | Dividend Share 0.552 |
Hi Trend Valuation on October 31, 2024
It is possible to determine the worth of Hi Trend on a given historical date. On October 31, 2024 688391 was worth 32.07 at the beginning of the trading date compared to the closed value of 32.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hi Trend stock. Still, in general, we apply an absolute valuation method to find Hi Trend'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 Hi Trend where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hi Trend's related companies.
| Open | High | Low | Close | Volume | |
| 33.55 | 33.55 | 31.72 | 32.10 | 2,895,001 | |
10/31/2024 | 32.07 | 32.95 | 31.50 | 32.73 | 1,900,077 |
| 32.03 | 32.61 | 30.84 | 31.16 | 1,823,368 |
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Hi Trend Trading Date Momentum on October 31, 2024
| On November 01 2024 Hi Trend TechCo was traded for 31.16 at the closing time. The highest price during the trading period was 32.61 and the lowest recorded bid was listed for 30.84 . The volume for the day was 1.8 M. This history from November 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.80% . The trading delta at closing time to the current price is 5.93% . |
Hi Trend TechCo Fundamentals Correlations and Trends
By evaluating Hi Trend'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 Hi Trend's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 688391 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hi Trend Stock history
Hi Trend 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 688391 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hi Trend TechCo 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 Hi Trend stock prices may prove useful in developing a viable investing in Hi Trend
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 139.3 M | 116.6 M |
Hi Trend Quarterly Net Working Capital |
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Hi Trend Stock Technical Analysis
Hi Trend 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
Hi Trend Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Hi Trend TechCo 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.
Hi Trend December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Hi Trend stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hi Trend shares will generate the highest return on investment. By undertsting and applying Hi Trend stock market strength indicators, traders can identify Hi Trend TechCo entry and exit signals to maximize returns
Hi Trend Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hi Trend's price direction in advance. Along with the technical and fundamental analysis of 688391 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 688391 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 | 0.0853 | |||
| Jensen Alpha | 0.5293 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0911 | |||
| Treynor Ratio | (1.57) |
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Complementary Tools for 688391 Stock analysis
When running Hi Trend's price analysis, check to measure Hi Trend'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 Hi Trend is operating at the current time. Most of Hi Trend's value examination focuses on studying past and present price action to predict the probability of Hi Trend's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hi Trend's price. Additionally, you may evaluate how the addition of Hi Trend to your portfolios can decrease your overall portfolio volatility.
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