Zangge Holding (China) Price on October 22, 2024
| 000408 Stock | 27.75 0.76 2.82% |
Below is the normalized historical share price chart for Zangge Holding Co extending back to June 28, 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 Zangge Holding stands at 27.75, as last reported on the 25th of December, with the highest price reaching 27.77 and the lowest price hitting 27.05 during the day.
If you're considering investing in Zangge Stock, it is important to understand the factors that can impact its price. At this point, Zangge Holding is very steady. Zangge Holding shows Sharpe Ratio of 0.0618, which attests that the company had a 0.0618% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zangge Holding, which you can use to evaluate the volatility of the company. Please check out Zangge Holding's Mean Deviation of 1.64, downside deviation of 2.36, and Market Risk Adjusted Performance of (0.43) to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
The current year's Total Stockholder Equity is expected to grow to about 13.7 B. The current year's Common Stock is expected to grow to about 1.9 B. Zangge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of June 1996 | 200 Day MA 26.8838 | 50 Day MA 28.4644 | Beta 0.754 |
Zangge |
Sharpe Ratio = 0.0618
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| Cash | Small Risk | 000408 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.41 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Zangge Holding is performing at about 4% 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 Zangge Holding by adding it to a well-diversified portfolio.
Price Book 3.2279 | Enterprise Value Ebitda 16.675 | Price Sales 12.9486 | Shares Float 603.9 M | Dividend Share 1.06 |
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Zangge Holding Valuation on October 22, 2024
It is possible to determine the worth of Zangge Holding on a given historical date. On October 22, 2024 Zangge was worth 27.22 at the beginning of the trading date compared to the closed value of 27.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zangge Holding stock. Still, in general, we apply an absolute valuation method to find Zangge Holding'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 Zangge Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zangge Holding's related companies.
| Open | High | Low | Close | Volume | |
| 27.20 | 28.00 | 27.02 | 27.48 | 12,848,601 | |
10/22/2024 | 27.22 | 28.06 | 27.15 | 27.97 | 9,962,451 |
| 27.98 | 28.72 | 27.66 | 28.12 | 14,873,066 |
| Backtest Zangge Holding | | | Zangge Holding History | | | Zangge Holding Valuation | Previous | Next |
Zangge Holding Trading Date Momentum on October 22, 2024
| On October 23 2024 Zangge Holding Co was traded for 28.12 at the closing time. The highest price during the trading period was 28.72 and the lowest recorded bid was listed for 27.66 . The volume for the day was 14.9 M. This history from October 23, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.54% . The trading date delta to the current price is 2.72% . |
Zangge Holding Fundamentals Correlations and Trends
By evaluating Zangge Holding'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 Zangge Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zangge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zangge Holding Stock history
Zangge Holding 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 Zangge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zangge Holding 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 Zangge Holding stock prices may prove useful in developing a viable investing in Zangge Holding
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 B | 1.5 B | |
| Net Income Applicable To Common Shares | 6.5 B | 6.8 B |
Zangge Holding Quarterly Net Working Capital |
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Zangge Holding Stock Technical Analysis
Zangge Holding 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
Zangge Holding Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Zangge Holding 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.
Zangge Holding December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Zangge Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zangge Holding shares will generate the highest return on investment. By undertsting and applying Zangge Holding stock market strength indicators, traders can identify Zangge Holding Co entry and exit signals to maximize returns
Zangge Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zangge Holding's price direction in advance. Along with the technical and fundamental analysis of Zangge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zangge 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 | 0.0805 | |||
| Jensen Alpha | 0.2267 | |||
| Total Risk Alpha | 0.1066 | |||
| Sortino Ratio | 0.0743 | |||
| Treynor Ratio | (0.44) |
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Complementary Tools for Zangge Stock analysis
When running Zangge Holding's price analysis, check to measure Zangge Holding'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 Zangge Holding is operating at the current time. Most of Zangge Holding's value examination focuses on studying past and present price action to predict the probability of Zangge Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zangge Holding's price. Additionally, you may evaluate how the addition of Zangge Holding to your portfolios can decrease your overall portfolio volatility.
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