Beijing Mainstreets (China) Price on July 31, 2023

000609 Stock   2.51  0.12  5.02%   
Below is the normalized historical share price chart for Beijing Mainstreets Investment extending back to October 15, 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 Beijing Mainstreets stands at 2.51, as last reported on the 1st of January, with the highest price reaching 2.51 and the lowest price hitting 2.39 during the day.
200 Day MA
2.531
50 Day MA
2.4116
Beta
0.643
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Beijing Stock, it is important to understand the factors that can impact its price. Beijing Mainstreets appears to be very risky, given 3 months investment horizon. Beijing Mainstreets secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Beijing Mainstreets Investment, which you can use to evaluate the volatility of the firm. Please makes use of Beijing Mainstreets' Risk Adjusted Performance of 0.1179, downside deviation of 3.66, and Mean Deviation of 3.17 to double-check if our risk estimates are consistent with your expectations.
  
As of January 1, 2025, Total Stockholder Equity is expected to decline to about 370.1 M. In addition to that, Common Stock is expected to decline to about 261.8 M. Beijing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1065

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Estimated Market Risk

 3.78
  actual daily
33
67% of assets are more volatile

Expected Return

 0.4
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Beijing Mainstreets is performing at about 8% 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 Beijing Mainstreets by adding it to a well-diversified portfolio.
Price Book
2.5154
Book Value
0.95
Enterprise Value
1.3 B
Enterprise Value Ebitda
(8.20)
Price Sales
2.2287

Beijing Mainstreets Main Headline on 31st of July 2023

The Daily Chase Tentative deal in port strike Salesforce pressure ... BNN Bloomberg

Beijing Mainstreets Valuation on July 31, 2023

It is possible to determine the worth of Beijing Mainstreets on a given historical date. On July 31, 2023 Beijing was worth 6.19 at the beginning of the trading date compared to the closed value of 5.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beijing Mainstreets stock. Still, in general, we apply an absolute valuation method to find Beijing Mainstreets' 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 Beijing Mainstreets where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beijing Mainstreets' related companies.
 Open High Low Close Volume
  5.41    5.90    5.41    5.90    49,458,898  
07/31/2023
  6.19    6.35    5.81    5.81    76,365,055  
  5.65    5.90    5.65    5.72    46,700,391  
Backtest Beijing Mainstreets  |  Beijing Mainstreets History  |  Beijing Mainstreets Valuation   PreviousNext  
Open Value
6.19
5.81
Closing Value
17.53
Upside

Beijing Mainstreets Trading Date Momentum on July 31, 2023

On August 01 2023 Beijing Mainstreets Investment was traded for  5.72  at the closing time. The highest price during the trading period was 5.90  and the lowest recorded bid was listed for  5.65 . The volume for the day was 46.7 M. This history from August 1, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.55% . The overall trading delta to the current price is 7.57% .

Beijing Mainstreets Fundamentals Correlations and Trends

By evaluating Beijing Mainstreets' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Beijing Mainstreets' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Beijing financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Beijing Mainstreets Stock history

Beijing Mainstreets 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 Beijing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beijing Mainstreets 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 Beijing Mainstreets stock prices may prove useful in developing a viable investing in Beijing Mainstreets
Last ReportedProjected for Next Year
Common Stock Shares Outstanding269.3 M239.4 M
Net Loss-263.5 M-250.4 M

Beijing Mainstreets Quarterly Net Working Capital

348.71 Million

Beijing Mainstreets Stock Technical Analysis

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

Price Boundaries

Beijing Mainstreets Period Price Range

Low
January 1, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Beijing Mainstreets 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.

Beijing Mainstreets January 1, 2025 Market Strength

Market strength indicators help investors to evaluate how Beijing Mainstreets stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beijing Mainstreets shares will generate the highest return on investment. By undertsting and applying Beijing Mainstreets stock market strength indicators, traders can identify Beijing Mainstreets Investment entry and exit signals to maximize returns

Beijing Mainstreets Technical and Predictive Indicators

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

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