Zhongshan Public (China) Price on November 29, 2024

000685 Stock   9.35  0.14  1.52%   
Below is the normalized historical share price chart for Zhongshan Public Utilities extending back to January 23, 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 Zhongshan Public stands at 9.35, as last reported on the 12th of December 2024, with the highest price reaching 9.42 and the lowest price hitting 9.13 during the day.
IPO Date
14th of January 1997
200 Day MA
7.843
50 Day MA
8.859
Beta
0.506
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Zhongshan Stock, it is important to understand the factors that can impact its price. Zhongshan Public appears to be somewhat reliable, given 3 months investment horizon. Zhongshan Public Uti shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of risk over the last 3 months. By examining Zhongshan Public's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Zhongshan Public's Mean Deviation of 1.8, market risk adjusted performance of (1.28), and Downside Deviation of 2.16 to validate if our risk estimates are consistent with your expectations.
  
At present, Zhongshan Public'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 30.5 B, whereas Other Stockholder Equity is forecasted to decline to about 991.2 M. . Zhongshan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1748

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Estimated Market Risk

 2.83
  actual daily
25
75% of assets are more volatile

Expected Return

 0.5
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Zhongshan Public is performing at about 13% 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 Zhongshan Public by adding it to a well-diversified portfolio.
Price Book
0.7908
Enterprise Value Ebitda
13.474
Price Sales
2.5023
Shares Float
710.9 M
Dividend Share
0.2

Zhongshan Public Valuation on November 29, 2024

It is possible to determine the worth of Zhongshan Public on a given historical date. On November 29, 2024 Zhongshan was worth 8.81 at the beginning of the trading date compared to the closed value of 8.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhongshan Public stock. Still, in general, we apply an absolute valuation method to find Zhongshan Public'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 Zhongshan Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhongshan Public's related companies.
 Open High Low Close Volume
  8.69    9.04    8.67    8.82    24,469,894  
11/29/2024
  8.81    8.97    8.76    8.91    15,789,280  
  8.92    9.11    8.90    9.07    15,526,884  
Backtest Zhongshan Public  |  Zhongshan Public History  |  Zhongshan Public Valuation   PreviousNext  
Open Value
8.81
8.91
Closing Value
17.31
Upside

Zhongshan Public Trading Date Momentum on November 29, 2024

On December 02 2024 Zhongshan Public Utilities was traded for  9.07  at the closing time. The highest price during the trading period was 9.11  and the lowest recorded bid was listed for  8.90 . The volume for the day was 15.5 M. This history from December 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.80% . The trading date delta to the current price is 3.59% .

Zhongshan Public Uti Fundamentals Correlations and Trends

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

About Zhongshan Public Stock history

Zhongshan Public 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 Zhongshan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhongshan Public Uti 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 Zhongshan Public stock prices may prove useful in developing a viable investing in Zhongshan Public
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.3 B1.2 B
Net Income Applicable To Common Shares1.2 B677.8 M

Zhongshan Public Stock Technical Analysis

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

Zhongshan Public Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Zhongshan Public Utilities 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.

Zhongshan Public December 12, 2024 Market Strength

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

Zhongshan Public Technical and Predictive Indicators

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

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