Changchun High (China) Price on January 31, 2023

000661 Stock   101.00  0.98  0.96%   
Below is the normalized historical share price chart for Changchun High New extending back to December 18, 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 Changchun High stands at 101.00, as last reported on the 22nd of December, with the highest price reaching 102.36 and the lowest price hitting 100.78 during the day.
IPO Date
3rd of December 1996
200 Day MA
105.8878
50 Day MA
100.7696
Beta
0.473
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Changchun Stock, it is important to understand the factors that can impact its price. Changchun High appears to be very steady, given 3 months investment horizon. Changchun High New secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Changchun High New, which you can use to evaluate the volatility of the firm. Please makes use of Changchun High's risk adjusted performance of 0.1096, and Mean Deviation of 2.35 to double-check if our risk estimates are consistent with your expectations.
  
At present, Changchun High's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 32.3 B, whereas Capital Stock is forecasted to decline to about 365.1 M. . Changchun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1298

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Estimated Market Risk

 3.4
  actual daily
30
70% of assets are more volatile

Expected Return

 0.44
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Changchun High is performing at about 10% 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 Changchun High by adding it to a well-diversified portfolio.
Price Book
1.7934
Enterprise Value Ebitda
8.0456
Price Sales
2.8871
Shares Float
291.4 M
Dividend Share
4.5

Changchun High Valuation on January 31, 2023

It is possible to determine the worth of Changchun High on a given historical date. On January 31, 2023 Changchun was worth 198.54 at the beginning of the trading date compared to the closed value of 192.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Changchun High stock. Still, in general, we apply an absolute valuation method to find Changchun High'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 Changchun High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Changchun High's related companies.
 Open High Low Close Volume
  201.92    205.37    198.12    198.94    5,336,846  
01/31/2023
  198.54    199.95    192.08    192.45    5,689,976  
  194.26    195.03    190.53    194.26    4,482,900  
Backtest Changchun High  |  Changchun High History  |  Changchun High Valuation   PreviousNext  
Open Value
198.54
188.35
Downside
192.45
Closing Value
208.73
Upside

Changchun High Trading Date Momentum on January 31, 2023

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Changchun High New Fundamentals Correlations and Trends

By evaluating Changchun High'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 Changchun High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Changchun financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Changchun High Stock history

Changchun High 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 Changchun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Changchun High New 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 Changchun High stock prices may prove useful in developing a viable investing in Changchun High
Last ReportedProjected for Next Year
Common Stock Shares Outstanding404.7 M424.9 M
Net Income Applicable To Common Shares4.3 B4.5 B

Changchun High Quarterly Net Working Capital

13.4 Billion

Changchun High Stock Technical Analysis

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

Changchun High Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Changchun High New 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.

Changchun High December 22, 2024 Market Strength

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

Changchun High Technical and Predictive Indicators

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

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