Eastern Communications (China) Price on February 7, 2023

900941 Stock   0.43  0.00  0.00%   
Below is the normalized historical share price chart for Eastern Communications Co extending back to August 09, 1996. 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 Eastern Communications stands at 0.43, as last reported on the 11th of December 2024, with the highest price reaching 0.43 and the lowest price hitting 0.43 during the day.
200 Day MA
0.3505
50 Day MA
0.4093
Beta
0.381
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Eastern Stock, it is important to understand the factors that can impact its price. Eastern Communications appears to be abnormally volatile, given 3 months investment horizon. Eastern Communications secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the company had a 0.21% return per unit of risk over the last 3 months. By reviewing Eastern Communications' technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Eastern Communications' Coefficient Of Variation of 621.2, downside deviation of 3.74, and Mean Deviation of 1.96 to check if our risk estimates are consistent with your expectations.
  
At present, Eastern Communications' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 1.7 M, whereas Common Stock is forecasted to decline to about 1 B. . Eastern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2143

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Good Returns
Average Returns
Small Returns900941
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Estimated Market Risk

 2.82
  actual daily
25
75% of assets are more volatile

Expected Return

 0.6
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average Eastern Communications is performing at about 16% 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 Eastern Communications by adding it to a well-diversified portfolio.
Price Book
1.1335
Book Value
2.752
Enterprise Value
1.7 B
Enterprise Value Ebitda
42.2033
Price Sales
0.61

Related Headline

China Construction Headline on 7th of February 2023

Migrants replenish tight US labor market - Chinadaily.com.cn China Daily

Eastern Communications Valuation on February 7, 2023

It is possible to determine the worth of Eastern Communications on a given historical date. On February 7, 2023 Eastern was worth 0.42 at the beginning of the trading date compared to the closed value of 0.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eastern Communications stock. Still, in general, we apply an absolute valuation method to find Eastern Communications' 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 Eastern Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eastern Communications' related companies.
 Open High Low Close Volume
  0.42    0.42    0.41    0.41    524,113  
02/07/2023
  0.42    0.43    0.42    0.42    628,100  
  0.43    0.43    0.41    0.41    362,800  
Backtest Eastern Communications  |  Eastern Communications History  |  Eastern Communications Valuation   PreviousNext  
Open Value
0.42
0.42
Closing Value
8.88
Upside

Eastern Communications Trading Date Momentum on February 7, 2023

On February 08 2023 Eastern Communications Co was traded for  0.41  at the closing time. The highest price during the trading period was 0.43  and the lowest recorded bid was listed for  0.41 . The volume for the day was 362.8 K. This history from February 8, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.38% . The overall trading delta to the current price is 0.00% .

Eastern Communications Fundamentals Correlations and Trends

By evaluating Eastern Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Eastern Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eastern financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Eastern Communications Stock history

Eastern Communications 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 Eastern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eastern Communications 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 Eastern Communications stock prices may prove useful in developing a viable investing in Eastern Communications
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.1 BB
Net Income Applicable To Common Shares104.6 M98.1 M

Eastern Communications Quarterly Net Working Capital

1.94 Billion

Eastern Communications Stock Technical Analysis

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

Eastern Communications Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Eastern Communications Co 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.

Eastern Communications December 11, 2024 Market Strength

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

Eastern Communications Technical and Predictive Indicators

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

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