Zhongrun Resources (China) Price on February 26, 2024
| 000506 Stock | 3.03 0.04 1.30% |
Below is the normalized historical share price chart for Zhongrun Resources Investment extending back to December 01, 1995. 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 Zhongrun Resources stands at 3.03, as last reported on the 11th of December 2024, with the highest price reaching 3.13 and the lowest price hitting 3.00 during the day.
If you're considering investing in Zhongrun Stock, it is important to understand the factors that can impact its price. Zhongrun Resources is risky given 3 months investment horizon. Zhongrun Resources shows Sharpe Ratio of 0.37, which attests that the company had a 0.37% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.51% are justified by taking the suggested risk. Use Zhongrun Resources Investment Market Risk Adjusted Performance of 7.22, mean deviation of 3.75, and Downside Deviation of 4.46 to evaluate company specific risk that cannot be diversified away.
The current year's Total Stockholder Equity is expected to grow to about 896.7 M, whereas Common Stock is forecasted to decline to about 724.8 M. . Zhongrun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of January 1989 | 200 Day MA 2.5368 | 50 Day MA 2.701 | Beta 0.144 |
Zhongrun |
Sharpe Ratio = 0.3746
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 000506 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
| 1.51 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.37 actual daily | 29 71% of assets perform better |
Based on monthly moving average Zhongrun Resources is performing at about 29% 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 Zhongrun Resources by adding it to a well-diversified portfolio.
Price Book 4.8195 | Book Value 0.719 | Enterprise Value 3 B | Enterprise Value Ebitda 21.6096 | Price Sales 12.92 |
Zhongrun Resources Valuation on February 26, 2024
It is possible to determine the worth of Zhongrun Resources on a given historical date. On February 26, 2024 Zhongrun was worth 3.24 at the beginning of the trading date compared to the closed value of 3.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhongrun Resources stock. Still, in general, we apply an absolute valuation method to find Zhongrun Resources' 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 Zhongrun Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhongrun Resources' related companies.
| Open | High | Low | Close | Volume | |
| 3.11 | 3.23 | 3.11 | 3.22 | 26,602,920 | |
02/26/2024 | 3.24 | 3.33 | 3.20 | 3.26 | 22,479,561 |
| 3.25 | 3.32 | 3.21 | 3.32 | 19,864,420 |
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Zhongrun Resources Trading Date Momentum on February 26, 2024
| On February 27 2024 Zhongrun Resources Investment was traded for 3.32 at the closing time. The highest price during the trading period was 3.32 and the lowest recorded bid was listed for 3.21 . The volume for the day was 19.9 M. This history from February 27, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.84% . The trading date delta to the current price is 25.15% . |
Zhongrun Resources Fundamentals Correlations and Trends
By evaluating Zhongrun Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Zhongrun Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhongrun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhongrun Resources Stock history
Zhongrun Resources 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 Zhongrun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhongrun Resources 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 Zhongrun Resources stock prices may prove useful in developing a viable investing in Zhongrun Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 836.1 M | 743.2 M | |
| Net Income Applicable To Common Shares | 227.7 M | 239.1 M |
Zhongrun Resources Stock Technical Analysis
Zhongrun Resources 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
Zhongrun Resources Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Zhongrun Resources Investment 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.
Zhongrun Resources December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhongrun Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhongrun Resources shares will generate the highest return on investment. By undertsting and applying Zhongrun Resources stock market strength indicators, traders can identify Zhongrun Resources Investment entry and exit signals to maximize returns
Zhongrun Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhongrun Resources' price direction in advance. Along with the technical and fundamental analysis of Zhongrun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhongrun 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 | 0.2499 | |||
| Jensen Alpha | 1.36 | |||
| Total Risk Alpha | 0.7203 | |||
| Sortino Ratio | 0.283 | |||
| Treynor Ratio | 7.21 |
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| Volume Indicators |
Complementary Tools for Zhongrun Stock analysis
When running Zhongrun Resources' price analysis, check to measure Zhongrun Resources' 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 Zhongrun Resources is operating at the current time. Most of Zhongrun Resources' value examination focuses on studying past and present price action to predict the probability of Zhongrun Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhongrun Resources' price. Additionally, you may evaluate how the addition of Zhongrun Resources to your portfolios can decrease your overall portfolio volatility.
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