Cofco Biochemical (China) Price on June 5, 2024

000930 Stock   5.78  0.04  0.69%   
Below is the normalized historical share price chart for Cofco Biochemical Anhui extending back to July 12, 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 Cofco Biochemical stands at 5.78, as last reported on the 23rd of December, with the highest price reaching 5.83 and the lowest price hitting 5.75 during the day.
IPO Date
21st of June 1999
200 Day MA
5.6286
50 Day MA
5.917
Beta
0.379
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Cofco Stock, it is important to understand the factors that can impact its price. Cofco Biochemical appears to be slightly risky, given 3 months investment horizon. Cofco Biochemical Anhui secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Cofco Biochemical Anhui, which you can use to evaluate the volatility of the firm. Please makes use of Cofco Biochemical's risk adjusted performance of 0.1178, and Mean Deviation of 1.88 to double-check if our risk estimates are consistent with your expectations.
  
At present, Cofco Biochemical'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 2.3 B, whereas Other Stockholder Equity is forecasted to decline to about 521.5 M. . Cofco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.107

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Estimated Market Risk

 2.9
  actual daily
25
75% of assets are more volatile

Expected Return

 0.31
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Cofco Biochemical is performing at about 8% 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 Cofco Biochemical by adding it to a well-diversified portfolio.
Price Book
1.0228
Enterprise Value Ebitda
25.0548
Price Sales
0.5119
Shares Float
818.7 M
Wall Street Target Price
8

Cofco Biochemical Valuation on June 5, 2024

It is possible to determine the worth of Cofco Biochemical on a given historical date. On June 5, 2024 Cofco was worth 6.05 at the beginning of the trading date compared to the closed value of 5.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cofco Biochemical stock. Still, in general, we apply an absolute valuation method to find Cofco Biochemical'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 Cofco Biochemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cofco Biochemical's related companies.
 Open High Low Close Volume
  6.00    6.10    5.93    6.05    14,333,210  
06/05/2024
  6.05    6.09    5.95    5.96    11,742,390  
  6.00    6.00    5.78    5.85    14,001,650  
Backtest Cofco Biochemical  |  Cofco Biochemical History  |  Cofco Biochemical Valuation   PreviousNext  
Open Value
6.05
5.96
Closing Value
14.74
Upside

Cofco Biochemical Trading Date Momentum on June 5, 2024

On June 06 2024 Cofco Biochemical Anhui was traded for  5.85  at the closing time. The highest price during the trading period was 6.00  and the lowest recorded bid was listed for  5.78 . The volume for the day was 14 M. This history from June 6, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.85% . The overall trading delta to the current price is 6.38% .

Cofco Biochemical Anhui Fundamentals Correlations and Trends

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

About Cofco Biochemical Stock history

Cofco Biochemical 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 Cofco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cofco Biochemical Anhui 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 Cofco Biochemical stock prices may prove useful in developing a viable investing in Cofco Biochemical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.9 B1.9 B
Net Income Applicable To Common Shares1.2 B1.3 B

Cofco Biochemical Quarterly Net Working Capital

1.13 Billion

Cofco Biochemical Stock Technical Analysis

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

Cofco Biochemical Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cofco Biochemical Anhui 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.

Cofco Biochemical December 23, 2024 Market Strength

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

Cofco Biochemical Technical and Predictive Indicators

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

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