Hengyi Petrochemical (China) Price on October 22, 2024
| 000703 Stock | 6.11 0.09 1.50% |
Below is the normalized historical share price chart for Hengyi Petrochemical Co extending back to June 24, 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 Hengyi Petrochemical stands at 6.11, as last reported on the 27th of December, with the highest price reaching 6.18 and the lowest price hitting 6.07 during the day.
If you're considering investing in Hengyi Stock, it is important to understand the factors that can impact its price. Hengyi Petrochemical holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Hengyi Petrochemical exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hengyi Petrochemical's Risk Adjusted Performance of 0.0663, market risk adjusted performance of (4.47), and Downside Deviation of 2.13 to validate the risk estimate we provide.
At present, Hengyi Petrochemical's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 4.4 B, whereas Other Stockholder Equity is projected to grow to (506.5 M). . Hengyi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of February 1990 | 200 Day MA 6.636 | 50 Day MA 6.3132 | Beta 0.709 |
Hengyi |
Sharpe Ratio = -0.1319
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 000703 |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hengyi Petrochemical is not performing at its full potential. However, 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 Hengyi Petrochemical by adding Hengyi Petrochemical to a well-diversified portfolio.
Price Book 0.917 | Enterprise Value Ebitda 20.9893 | Price Sales 0.1731 | Shares Float 1.2 B | Dividend Share 0.1 |
Hengyi Petrochemical Valuation on October 22, 2024
It is possible to determine the worth of Hengyi Petrochemical on a given historical date. On October 22, 2024 Hengyi was worth 6.25 at the beginning of the trading date compared to the closed value of 6.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hengyi Petrochemical stock. Still, in general, we apply an absolute valuation method to find Hengyi Petrochemical'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 Hengyi Petrochemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hengyi Petrochemical's related companies.
| Open | High | Low | Close | Volume | |
| 6.39 | 6.39 | 6.22 | 6.26 | 19,862,509 | |
10/22/2024 | 6.25 | 6.34 | 6.21 | 6.34 | 15,890,826 |
| 6.33 | 6.44 | 6.29 | 6.40 | 13,750,241 |
| Backtest Hengyi Petrochemical | | | Hengyi Petrochemical History | | | Hengyi Petrochemical Valuation | Previous | Next |
Hengyi Petrochemical Trading Date Momentum on October 22, 2024
| On October 23 2024 Hengyi Petrochemical Co was traded for 6.40 at the closing time. The highest price during the trading period was 6.44 and the lowest recorded bid was listed for 6.29 . The volume for the day was 13.8 M. This history from October 23, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.95% . The trading delta at closing time to the current price is 0.47% . |
Hengyi Petrochemical Fundamentals Correlations and Trends
By evaluating Hengyi Petrochemical'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 Hengyi Petrochemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hengyi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hengyi Petrochemical Stock history
Hengyi Petrochemical 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 Hengyi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hengyi Petrochemical 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 Hengyi Petrochemical stock prices may prove useful in developing a viable investing in Hengyi Petrochemical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.7 B | 3.9 B | |
| Net Loss | -1.2 B | -1.2 B |
Hengyi Petrochemical Stock Technical Analysis
Hengyi Petrochemical 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
Hengyi Petrochemical Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Hengyi Petrochemical Co 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.
Hengyi Petrochemical December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Hengyi Petrochemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hengyi Petrochemical shares will generate the highest return on investment. By undertsting and applying Hengyi Petrochemical stock market strength indicators, traders can identify Hengyi Petrochemical Co entry and exit signals to maximize returns
Hengyi Petrochemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hengyi Petrochemical's price direction in advance. Along with the technical and fundamental analysis of Hengyi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hengyi 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 | 0.0663 | |||
| Jensen Alpha | 0.1622 | |||
| Total Risk Alpha | 0.0373 | |||
| Sortino Ratio | 0.0552 | |||
| Treynor Ratio | (4.48) |
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Complementary Tools for Hengyi Stock analysis
When running Hengyi Petrochemical's price analysis, check to measure Hengyi Petrochemical'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 Hengyi Petrochemical is operating at the current time. Most of Hengyi Petrochemical's value examination focuses on studying past and present price action to predict the probability of Hengyi Petrochemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hengyi Petrochemical's price. Additionally, you may evaluate how the addition of Hengyi Petrochemical to your portfolios can decrease your overall portfolio volatility.
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