Hengli Industrial (China) Price on November 20, 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.
IPO Date
24th of October 1996
200 Day MA
2.0855
50 Day MA
2.0192
Beta
0.11
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Market Risk Adjusted Performance of 8.34, risk adjusted performance of 0.0918, and Downside Deviation of 3.45 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.

Sharpe Ratio = 0.1508

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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 November 20, 2024

It is possible to determine the worth of Hengli Industrial on a given historical date. On November 20, 2024 Hengli was worth 2.22 at the beginning of the trading date compared to the closed value of 2.46. 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
  2.34    2.34    2.34    2.34    1,278,400  
11/20/2024
  2.22    2.46    2.22    2.46    22,408,482  
  2.45    2.52    2.34    2.38    28,322,833  
Backtest Hengli Industrial  |  Hengli Industrial History  |  Hengli Industrial Valuation   PreviousNext  
Open Value
2.22
2.46
Closing Value
12.94
Upside

Hengli Industrial Trading Date Momentum on November 20, 2024

On November 21 2024 Hengli Industrial Development was traded for  2.38  at the closing time. The highest price during the trading period was 2.52  and the lowest recorded bid was listed for  2.34 . The volume for the day was 28.3 M. This history from November 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.25% . The trading delta at closing time to the current price is 5.69% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding382.7 M340.2 M
Net Income Applicable To Common Shares1.6 M1.5 M

Hengli Industrial Quarterly Net Working Capital

66.12 Million

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

Hengli Industrial Period Price Range

Low
December 11, 2024
0.00  NaN%
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.

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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