Mingchen Health (China) Price History

002919 Stock   17.30  0.23  1.35%   
Below is the normalized historical share price chart for Mingchen Health Co extending back to December 18, 2017. 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 Mingchen Health stands at 17.30, as last reported on the 20th of December, with the highest price reaching 17.57 and the lowest price hitting 16.95 during the day.
200 Day MA
14.6449
50 Day MA
15.2256
Beta
0.074
 
Covid
If you're considering investing in Mingchen Stock, it is important to understand the factors that can impact its price. Mingchen Health appears to be somewhat reliable, given 3 months investment horizon. Mingchen Health has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. By analyzing Mingchen Health's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please exercise Mingchen Health's Mean Deviation of 2.71, risk adjusted performance of 0.1236, and Downside Deviation of 4.01 to check out if our risk estimates are consistent with your expectations.
  
The current year's Other Stockholder Equity is expected to grow to about 261.8 M, whereas Total Stockholder Equity is forecasted to decline to about 546.3 M. . Mingchen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1775

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Estimated Market Risk

 3.8
  actual daily
33
67% of assets are more volatile

Expected Return

 0.67
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average Mingchen Health is performing at about 13% 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 Mingchen Health by adding it to a well-diversified portfolio.
Price Book
5.2091
Enterprise Value Ebitda
207.4526
Price Sales
3.5017
Shares Float
131.5 M
Dividend Share
0.125

Mingchen Health Stock Price History Chart

There are several ways to analyze Mingchen Stock price data. The simplest method is using a basic Mingchen candlestick price chart, which shows Mingchen Health price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 16, 202419.2
Lowest PriceSeptember 23, 202412.06

Mingchen Health December 20, 2024 Stock Price Synopsis

Various analyses of Mingchen Health's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Mingchen Stock. It can be used to describe the percentage change in the price of Mingchen Health from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Mingchen Stock.
Mingchen Health Accumulation Distribution 507,695 
Mingchen Health Price Daily Balance Of Power 0.37 
Mingchen Health Price Rate Of Daily Change 1.01 
Mingchen Health Price Action Indicator 0.16 

Mingchen Health December 20, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Mingchen Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Mingchen Health intraday prices and daily technical indicators to check the level of noise trading in Mingchen Stock and then apply it to test your longer-term investment strategies against Mingchen.

Mingchen Stock Price History Data

The price series of Mingchen Health for the period between Sat, Sep 21, 2024 and Fri, Dec 20, 2024 has a statistical range of 7.14 with a coefficient of variation of 10.55. The prices are distributed with arithmetic mean of 14.71. The median price for the last 90 days is 14.96. The company had 1.2:1 stock split on 31st of May 2024. Mingchen Health issued dividends on 2024-05-31.
OpenHighLowCloseVolume
12/20/2024 17.00  17.57  16.95  17.30  14,387,426 
12/19/2024 16.78  17.24  16.51  17.07  14,247,800 
12/18/2024 17.28  17.98  16.87  17.55  18,198,967 
12/17/2024 18.40  18.40  17.28  17.28  21,349,924 
12/16/2024 18.78  20.39  18.00  19.20  48,444,145 
12/13/2024 16.76  18.54  16.58  18.54  26,843,394 
12/12/2024 16.66  17.20  16.29  16.85  22,157,999 
12/11/2024 15.77  16.44  15.77  16.44  17,632,030 
12/10/2024 16.26  16.27  15.73  15.74  9,362,754 
12/09/2024 15.68  15.90  15.52  15.81  8,087,140 
12/06/2024 15.30  15.81  15.18  15.66  11,396,161 
12/05/2024 14.83  15.41  14.80  15.29  7,900,420 
12/04/2024 15.15  15.20  14.69  14.82  6,846,818 
12/03/2024 15.45  15.53  15.00  15.19  6,486,626 
12/02/2024 15.42  15.55  15.31  15.45  8,022,449 
11/29/2024 15.55  15.69  15.16  15.43  8,799,680 
11/28/2024 15.74  16.04  15.51  15.56  8,918,166 
11/27/2024 15.26  15.76  14.61  15.76  11,478,033 
11/26/2024 15.30  15.78  15.12  15.22  9,970,933 
11/25/2024 14.89  15.47  14.49  15.29  9,625,267 
11/22/2024 15.05  15.81  14.73  14.80  11,744,583 
11/21/2024 15.07  15.25  14.82  15.11  5,959,814 
11/20/2024 14.64  15.25  14.61  15.08  7,221,420 
11/19/2024 14.36  14.74  14.14  14.74  6,788,236 
11/18/2024 15.35  15.50  14.21  14.32  11,762,860 
11/15/2024 15.36  16.00  15.20  15.26  10,001,326 
11/14/2024 16.32  16.58  15.38  15.41  13,193,970 
11/13/2024 15.68  16.42  15.68  16.21  13,644,956 
11/12/2024 15.84  16.45  15.70  15.88  12,476,746 
11/11/2024 15.58  15.98  15.38  15.92  12,811,355 
11/08/2024 16.38  16.70  15.70  15.72  18,631,681 
11/07/2024 15.81  16.63  15.50  16.41  16,854,021 
11/06/2024 15.45  16.35  15.34  15.80  20,753,451 
11/05/2024 15.30  15.50  15.07  15.45  18,069,422 
11/04/2024 15.06  15.54  15.00  15.38  19,704,388 
11/01/2024 15.20  15.93  14.82  14.99  34,578,365 
10/31/2024 13.64  14.88  13.40  14.88  17,153,762 
10/30/2024 13.39  13.66  13.28  13.53  8,323,075 
10/29/2024 14.42  14.54  13.53  13.57  13,460,520 
10/28/2024 14.05  14.39  14.03  14.36  9,151,209 
10/25/2024 13.90  14.15  13.82  14.03  7,901,352 
10/24/2024 13.75  14.05  13.75  13.90  7,233,316 
10/23/2024 14.23  14.23  13.78  13.88  11,339,994 
10/22/2024 13.97  14.42  13.81  14.25  12,885,252 
10/21/2024 13.81  14.17  13.60  13.96  13,936,982 
10/18/2024 13.41  13.96  13.23  13.70  13,157,196 
10/17/2024 13.21  13.80  13.20  13.51  13,586,000 
10/16/2024 12.86  13.40  12.86  13.18  8,529,818 
10/15/2024 13.36  13.78  13.13  13.16  11,124,581 
10/14/2024 13.25  13.57  12.95  13.47  9,321,565 
10/11/2024 13.66  13.76  13.13  13.27  8,135,212 
10/10/2024 13.82  14.34  13.33  13.81  11,763,411 
10/09/2024 15.40  15.45  14.10  14.10  17,317,828 
10/08/2024 16.43  16.45  14.70  15.67  28,708,614 
09/30/2024 14.28  15.03  13.71  14.96  24,292,910 
09/27/2024 13.25  13.96  13.21  13.68  18,694,070 
09/26/2024 12.85  13.14  12.68  13.13  14,380,620 
09/25/2024 12.81  13.20  12.59  12.88  18,570,528 
09/24/2024 12.14  12.80  11.89  12.60  13,235,518 
09/23/2024 12.25  12.34  12.05  12.06  6,010,038 
09/20/2024 12.42  12.55  12.28  12.29  7,260,234 

About Mingchen Health Stock history

Mingchen Health 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 Mingchen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mingchen Health 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 Mingchen Health stock prices may prove useful in developing a viable investing in Mingchen Health
Last ReportedProjected for Next Year
Common Stock Shares Outstanding219.9 M199.3 M
Net Income Applicable To Common Shares29.1 M27.7 M

Mingchen Health Quarterly Net Working Capital

476.72 Million

Mingchen Health Stock Technical Analysis

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

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Mingchen Health Technical and Predictive Indicators

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

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