Zhong Yang Financial Stock Price on December 3, 2024
| TOP Stock | USD 1.62 0.04 2.41% |
If you're considering investing in Zhong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zhong Yang stands at 1.62, as last reported on the 11th of December 2024, with the highest price reaching 1.65 and the lowest price hitting 1.60 during the day. Zhong Yang appears to be abnormally volatile, given 3 months investment horizon. Zhong Yang Financial shows Sharpe Ratio of 0.0334, which attests that the company had a 0.0334% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zhong Yang Financial, which you can use to evaluate the volatility of the company. Please utilize Zhong Yang's Mean Deviation of 4.75, market risk adjusted performance of 0.9617, and Downside Deviation of 5.16 to validate if our risk estimates are consistent with your expectations.
At this time, Zhong Yang's Other Stockholder Equity is relatively stable compared to the past year. As of 12/11/2024, Issuance Of Capital Stock is likely to grow to about 7.4 M, while Common Stock is likely to drop slightly above 28.3 K. . As of 12/11/2024, Price To Sales Ratio is likely to drop to 10.68. In addition to that, Price Earnings Ratio is likely to drop to 81.65. Zhong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zhong |
Sharpe Ratio = 0.0334
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.41 actual daily | 83 83% of assets are less volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Zhong Yang is performing at about 2% 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 Zhong Yang by adding it to a well-diversified portfolio.
Price Book 1.4163 | Enterprise Value Ebitda 27.8617 | Price Sales 7.7875 | Shares Float 7 M | Earnings Share 0.03 |
Zhong Yang Main Headline on 3rd of December 2024
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Zhong Yang Valuation on December 3, 2024
It is possible to determine the worth of Zhong Yang on a given historical date. On December 3, 2024 Zhong was worth 1.64 at the beginning of the trading date compared to the closed value of 1.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhong Yang stock. Still, in general, we apply an absolute valuation method to find Zhong Yang'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 Zhong Yang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhong Yang's related companies.
| Open | High | Low | Close | Volume | |
| 1.66 | 1.70 | 1.62 | 1.64 | 75,636 | |
12/03/2024 | 1.64 | 1.70 | 1.57 | 1.61 | 67,643 |
| 1.60 | 1.63 | 1.57 | 1.58 | 82,714 |
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Zhong Yang Trading Date Momentum on December 3, 2024
| On December 04 2024 Zhong Yang Financial was traded for 1.58 at the closing time. Highest Zhong Yang's price during the trading hours was 1.63 and the lowest price during the day was 1.57 . The net volume was 82.7 K. The overall trading history on the 4th of December contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.86% . The trading date delta to current price is 3.11% . |
Zhong Yang Financial Fundamentals Correlations and Trends
By evaluating Zhong Yang'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 Zhong Yang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhong Yang Stock history
Zhong Yang 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 Zhong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhong Yang Financial 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 Zhong Yang stock prices may prove useful in developing a viable investing in Zhong Yang
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 32.3 M | 27.9 M | |
| Net Income Applicable To Common Shares | 4 M | 3.4 M |
Zhong Yang Quarterly Net Working Capital |
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Zhong Yang Stock Technical Analysis
Zhong Yang 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
Zhong Yang Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Zhong Yang Financial cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Zhong Yang December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhong Yang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhong Yang shares will generate the highest return on investment. By undertsting and applying Zhong Yang stock market strength indicators, traders can identify Zhong Yang Financial entry and exit signals to maximize returns
Zhong Yang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhong Yang's price direction in advance. Along with the technical and fundamental analysis of Zhong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhong 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 | 0.0346 | |||
| Jensen Alpha | 0.2789 | |||
| Total Risk Alpha | (1.16) | |||
| Sortino Ratio | 0.0392 | |||
| Treynor Ratio | 0.9517 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Zhong Stock Analysis
When running Zhong Yang's price analysis, check to measure Zhong Yang'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 Zhong Yang is operating at the current time. Most of Zhong Yang's value examination focuses on studying past and present price action to predict the probability of Zhong Yang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhong Yang's price. Additionally, you may evaluate how the addition of Zhong Yang to your portfolios can decrease your overall portfolio volatility.