Aerospace (China) Price on November 19, 2024
| 000901 Stock | 12.05 0.37 3.17% |
Below is the normalized historical share price chart for Aerospace Hi Tech Holding extending back to April 01, 1999. 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 Aerospace stands at 12.05, as last reported on the 19th of December, with the highest price reaching 12.22 and the lowest price hitting 11.66 during the day.
If you're considering investing in Aerospace Stock, it is important to understand the factors that can impact its price. Aerospace appears to be somewhat reliable, given 3 months investment horizon. Aerospace Hi Tech secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. By analyzing Aerospace's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please makes use of Aerospace's Mean Deviation of 2.77, risk adjusted performance of 0.1016, and Downside Deviation of 3.76 to double-check if our risk estimates are consistent with your expectations.
At present, Aerospace'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 963.8 M, whereas Other Stockholder Equity is projected to grow to (17.4 M). . Aerospace Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of December 1998 | 200 Day MA 9.661 | 50 Day MA 12.1418 | Beta 0.666 |
Aerospace |
Sharpe Ratio = 0.1434
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.87 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Aerospace 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 Aerospace by adding it to a well-diversified portfolio.
Price Book 2.2913 | Book Value 5.259 | Enterprise Value 10.1 B | Enterprise Value Ebitda 24.9016 | Price Sales 1.3357 |
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Aerospace Valuation on November 19, 2024
It is possible to determine the worth of Aerospace on a given historical date. On November 19, 2024 Aerospace was worth 12.1 at the beginning of the trading date compared to the closed value of 12.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aerospace stock. Still, in general, we apply an absolute valuation method to find Aerospace'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 Aerospace where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aerospace's related companies.
| Open | High | Low | Close | Volume | |
| 12.59 | 12.69 | 11.87 | 12.07 | 50,722,952 | |
11/19/2024 | 12.10 | 12.39 | 11.85 | 12.21 | 35,492,860 |
| 12.15 | 12.68 | 12.11 | 12.58 | 38,887,629 |
| Backtest Aerospace | | | Aerospace History | | | Aerospace Valuation | Previous | Next |
Aerospace Trading Date Momentum on November 19, 2024
| On November 20 2024 Aerospace Hi Tech Holding was traded for 12.58 at the closing time. The highest price during the trading period was 12.68 and the lowest recorded bid was listed for 12.11 . The volume for the day was 38.9 M. This history from November 20, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.03% . The overall trading delta to the current price is 4.18% . |
Aerospace Hi Tech Fundamentals Correlations and Trends
By evaluating Aerospace'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 Aerospace's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aerospace financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aerospace Stock history
Aerospace 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 Aerospace is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aerospace Hi Tech 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 Aerospace stock prices may prove useful in developing a viable investing in Aerospace
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 917.9 M | 848.3 M | |
| Net Income Applicable To Common Shares | 26.2 M | 15.9 M |
Aerospace Quarterly Net Working Capital |
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Aerospace Stock Technical Analysis
Aerospace 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
Aerospace Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Aerospace Hi Tech Holding 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.
Aerospace December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Aerospace stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aerospace shares will generate the highest return on investment. By undertsting and applying Aerospace stock market strength indicators, traders can identify Aerospace Hi Tech Holding entry and exit signals to maximize returns
Aerospace Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aerospace's price direction in advance. Along with the technical and fundamental analysis of Aerospace Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aerospace 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 | 0.1016 | |||
| Jensen Alpha | 0.4306 | |||
| Total Risk Alpha | 0.3395 | |||
| Sortino Ratio | 0.109 | |||
| Treynor Ratio | (5.11) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Aerospace Stock analysis
When running Aerospace's price analysis, check to measure Aerospace'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 Aerospace is operating at the current time. Most of Aerospace's value examination focuses on studying past and present price action to predict the probability of Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aerospace's price. Additionally, you may evaluate how the addition of Aerospace to your portfolios can decrease your overall portfolio volatility.
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