Midea Group (China) Price on November 27, 2024
| 000333 Stock | 76.25 1.64 2.20% |
Below is the normalized historical share price chart for Midea Group Co extending back to July 10, 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 Midea Group stands at 76.25, as last reported on the 25th of December, with the highest price reaching 76.38 and the lowest price hitting 74.40 during the day.
If you're considering investing in Midea Stock, it is important to understand the factors that can impact its price. At this point, Midea Group is very steady. Midea Group has Sharpe Ratio of 0.0406, which conveys that the firm had a 0.0406% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Midea Group, which you can use to evaluate the volatility of the firm. Please verify Midea Group's Mean Deviation of 1.47, risk adjusted performance of 0.1214, and Downside Deviation of 2.01 to check out if the risk estimate we provide is consistent with the expected return of 0.08%.
At present, Midea Group's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 7.6 B, whereas Total Stockholder Equity is forecasted to decline to about 92 B. . Midea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 67.401 | 50 Day MA 72.9394 | Beta 0.921 |
Midea |
Sharpe Ratio = 0.0406
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| Cash | Small Risk | 000333 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Midea Group is performing at about 3% 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 Midea Group by adding it to a well-diversified portfolio.
Price Book 2.7343 | Enterprise Value Ebitda 10.263 | Price Sales 1.4538 | Shares Float 4.7 B | Dividend Share 3 |
Midea Group Valuation on November 27, 2024
It is possible to determine the worth of Midea Group on a given historical date. On November 27, 2024 Midea was worth 70.32 at the beginning of the trading date compared to the closed value of 71.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Midea Group stock. Still, in general, we apply an absolute valuation method to find Midea Group'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 Midea Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Midea Group's related companies.
| Open | High | Low | Close | Volume | |
| 70.11 | 71.20 | 69.35 | 70.60 | 27,418,796 | |
11/27/2024 | 70.32 | 71.50 | 69.74 | 71.32 | 26,482,499 |
| 72.00 | 72.00 | 69.76 | 70.19 | 32,328,951 |
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Midea Group Trading Date Momentum on November 27, 2024
| On November 28 2024 Midea Group Co was traded for 70.19 at the closing time. The highest price during the trading period was 72.00 and the lowest recorded bid was listed for 69.76 . The volume for the day was 32.3 M. This history from November 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.58% . The trading delta at closing time to the current price is 0.97% . |
Midea Group Fundamentals Correlations and Trends
By evaluating Midea Group'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 Midea Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Midea financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Midea Group Stock history
Midea Group 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 Midea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Midea Group 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 Midea Group stock prices may prove useful in developing a viable investing in Midea Group
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7 B | 7.6 B | |
| Net Income Applicable To Common Shares | 32.8 B | 19.6 B |
Midea Group Quarterly Net Working Capital |
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Midea Group Stock Technical Analysis
Midea Group 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
Midea Group Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Midea Group Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen 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.
Midea Group December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Midea Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Midea Group shares will generate the highest return on investment. By undertsting and applying Midea Group stock market strength indicators, traders can identify Midea Group Co entry and exit signals to maximize returns
Midea Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Midea Group's price direction in advance. Along with the technical and fundamental analysis of Midea Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Midea 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 | 0.1214 | |||
| Jensen Alpha | 0.3021 | |||
| Total Risk Alpha | 0.1941 | |||
| Sortino Ratio | 0.1229 | |||
| Treynor Ratio | (0.49) |
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Complementary Tools for Midea Stock analysis
When running Midea Group's price analysis, check to measure Midea Group'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 Midea Group is operating at the current time. Most of Midea Group's value examination focuses on studying past and present price action to predict the probability of Midea Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midea Group's price. Additionally, you may evaluate how the addition of Midea Group to your portfolios can decrease your overall portfolio volatility.
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