Xiangyang Automobile (China) Price on August 10, 2023
| 000678 Stock | 6.65 0.12 1.84% |
Below is the normalized historical share price chart for Xiangyang Automobile Bearing extending back to February 17, 1997. 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 Xiangyang Automobile stands at 6.65, as last reported on the 22nd of December, with the highest price reaching 6.71 and the lowest price hitting 6.52 during the day.
If you're considering investing in Xiangyang Stock, it is important to understand the factors that can impact its price. Xiangyang Automobile appears to be moderately volatile, given 3 months investment horizon. Xiangyang Automobile shows Sharpe Ratio of 0.13, which attests that the company had a 0.13% return per unit of risk over the last 3 months. By examining Xiangyang Automobile's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Xiangyang Automobile's Downside Deviation of 3.68, mean deviation of 3.23, and Market Risk Adjusted Performance of (0.86) to validate if our risk estimates are consistent with your expectations.
As of December 22, 2024, Total Stockholder Equity is expected to decline to about 802.1 M. In addition to that, Common Stock is expected to decline to about 356.5 M. Xiangyang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of December 1996 | 200 Day MA 4.9302 | 50 Day MA 6.1724 | Beta 0.403 |
Xiangyang |
Sharpe Ratio = 0.1348
| Best Portfolio | Best Equity | |||
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| Small Returns | 000678 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.94 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Xiangyang Automobile 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 Xiangyang Automobile by adding it to a well-diversified portfolio.
Price Book 3.751 | Book Value 1.773 | Enterprise Value 3.3 B | Enterprise Value Ebitda 27.3495 | Price Sales 2.3596 |
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Xiangyang Automobile Valuation on August 10, 2023
It is possible to determine the worth of Xiangyang Automobile on a given historical date. On August 10, 2023 Xiangyang was worth 6.75 at the beginning of the trading date compared to the closed value of 6.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xiangyang Automobile stock. Still, in general, we apply an absolute valuation method to find Xiangyang Automobile'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 Xiangyang Automobile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xiangyang Automobile's related companies.
| Open | High | Low | Close | Volume | |
| 6.80 | 6.87 | 6.67 | 6.78 | 14,910,700 | |
08/10/2023 | 6.75 | 6.79 | 6.62 | 6.67 | 17,836,590 |
| 6.69 | 6.83 | 6.63 | 6.70 | 19,432,699 |
| Backtest Xiangyang Automobile | | | Xiangyang Automobile History | | | Xiangyang Automobile Valuation | Previous | Next |
Xiangyang Automobile Trading Date Momentum on August 10, 2023
| On August 11 2023 Xiangyang Automobile Bearing was traded for 6.70 at the closing time. The highest price during the trading period was 6.83 and the lowest recorded bid was listed for 6.63 . The volume for the day was 19.4 M. This history from August 11, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.45% . The trading price change to the current price is 0.30% . |
Xiangyang Automobile Fundamentals Correlations and Trends
By evaluating Xiangyang Automobile'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 Xiangyang Automobile's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xiangyang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xiangyang Automobile Stock history
Xiangyang Automobile 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 Xiangyang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xiangyang Automobile 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 Xiangyang Automobile stock prices may prove useful in developing a viable investing in Xiangyang Automobile
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 413.7 M | 367.7 M | |
| Net Loss | -112.1 M | -106.5 M |
Xiangyang Automobile Stock Technical Analysis
Xiangyang Automobile 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
Xiangyang Automobile Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Xiangyang Automobile Bearing 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.
Xiangyang Automobile December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Xiangyang Automobile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xiangyang Automobile shares will generate the highest return on investment. By undertsting and applying Xiangyang Automobile stock market strength indicators, traders can identify Xiangyang Automobile Bearing entry and exit signals to maximize returns
Xiangyang Automobile Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xiangyang Automobile's price direction in advance. Along with the technical and fundamental analysis of Xiangyang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xiangyang 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 | 0.1423 | |||
| Jensen Alpha | 0.7173 | |||
| Total Risk Alpha | 0.5822 | |||
| Sortino Ratio | 0.1842 | |||
| Treynor Ratio | (0.87) |
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| Volume Indicators |
Complementary Tools for Xiangyang Stock analysis
When running Xiangyang Automobile's price analysis, check to measure Xiangyang Automobile'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 Xiangyang Automobile is operating at the current time. Most of Xiangyang Automobile's value examination focuses on studying past and present price action to predict the probability of Xiangyang Automobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xiangyang Automobile's price. Additionally, you may evaluate how the addition of Xiangyang Automobile to your portfolios can decrease your overall portfolio volatility.
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