Hengli Industrial (China) Price on October 30, 2024
| 000622 Stock | 2.36 0.01 0.42% |
Below is the normalized historical share price chart for Hengli Industrial Development extending back to November 07, 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 Hengli Industrial stands at 2.36, as last reported on the 11th of December 2024, with the highest price reaching 2.43 and the lowest price hitting 2.33 during the day.
If you're considering investing in Hengli Stock, it is important to understand the factors that can impact its price. Hengli Industrial appears to be very risky, given 3 months investment horizon. Hengli Industrial holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. By evaluating Hengli Industrial's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize Hengli Industrial's Downside Deviation of 3.45, market risk adjusted performance of 8.34, and Risk Adjusted Performance of 0.0918 to validate if our risk estimates are consistent with your expectations.
As of December 11, 2024, Total Stockholder Equity is expected to decline to about 104.7 M. In addition to that, Liabilities And Stockholders Equity is expected to decline to about 391.7 M. Hengli Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of October 1996 | 200 Day MA 2.0855 | 50 Day MA 2.0192 | Beta 0.11 |
Hengli |
Sharpe Ratio = 0.1508
| Best Portfolio | Best Equity | |||
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| Small Returns | 000622 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Hengli Industrial is performing at about 11% 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 Hengli Industrial by adding it to a well-diversified portfolio.
Price Book 6.023 | Book Value 0.392 | Enterprise Value 972.9 M | Enterprise Value Ebitda 48.6 K | Price Sales 8.0998 |
Hengli Industrial Valuation on October 30, 2024
It is possible to determine the worth of Hengli Industrial on a given historical date. On October 30, 2024 Hengli was worth 1.8 at the beginning of the trading date compared to the closed value of 1.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hengli Industrial stock. Still, in general, we apply an absolute valuation method to find Hengli Industrial'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 Hengli Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hengli Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 1.88 | 1.96 | 1.82 | 1.85 | 18,227,600 | |
10/30/2024 | 1.80 | 1.93 | 1.77 | 1.88 | 16,003,431 |
| 1.90 | 1.90 | 1.79 | 1.81 | 17,864,931 |
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Hengli Industrial Trading Date Momentum on October 30, 2024
| On October 31 2024 Hengli Industrial Development was traded for 1.81 at the closing time. The highest price during the trading period was 1.90 and the lowest recorded bid was listed for 1.79 . The volume for the day was 17.9 M. This history from October 31, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.72% . The trading delta at closing time to the current price is 25.53% . |
Hengli Industrial Fundamentals Correlations and Trends
By evaluating Hengli Industrial'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 Hengli Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hengli financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hengli Industrial Stock history
Hengli Industrial 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 Hengli is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hengli Industrial 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 Hengli Industrial stock prices may prove useful in developing a viable investing in Hengli Industrial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 382.7 M | 340.2 M | |
| Net Income Applicable To Common Shares | 1.6 M | 1.5 M |
Hengli Industrial Quarterly Net Working Capital |
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Hengli Industrial Stock Technical Analysis
Hengli Industrial 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
Hengli Industrial Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Hengli Industrial Development 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.
Hengli Industrial December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Hengli Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hengli Industrial shares will generate the highest return on investment. By undertsting and applying Hengli Industrial stock market strength indicators, traders can identify Hengli Industrial Development entry and exit signals to maximize returns
Hengli Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hengli Industrial's price direction in advance. Along with the technical and fundamental analysis of Hengli Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hengli 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 | 0.0918 | |||
| Jensen Alpha | 0.3893 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0814 | |||
| Treynor Ratio | 8.33 |
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| Overlap Studies | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hengli Stock analysis
When running Hengli Industrial's price analysis, check to measure Hengli Industrial'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 Hengli Industrial is operating at the current time. Most of Hengli Industrial's value examination focuses on studying past and present price action to predict the probability of Hengli Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hengli Industrial's price. Additionally, you may evaluate how the addition of Hengli Industrial to your portfolios can decrease your overall portfolio volatility.
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