Huadong Medicine (China) Price on November 4, 2024
| 000963 Stock | 35.95 0.24 0.66% |
Below is the normalized historical share price chart for Huadong Medicine Co extending back to January 27, 2000. 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 Huadong Medicine stands at 35.95, as last reported on the 23rd of December, with the highest price reaching 36.40 and the lowest price hitting 35.87 during the day.
If you're considering investing in Huadong Stock, it is important to understand the factors that can impact its price. Huadong Medicine appears to be very steady, given 3 months investment horizon. Huadong Medicine holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Huadong Medicine, which you can use to evaluate the volatility of the firm. Please utilize Huadong Medicine's market risk adjusted performance of 1.55, and Risk Adjusted Performance of 0.1372 to validate if our risk estimates are consistent with your expectations.
At present, Huadong Medicine'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 2.1 B, whereas Other Stockholder Equity is projected to grow to (75.7 M). . Huadong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of December 1999 | 200 Day MA 31.7632 | 50 Day MA 35.371 | Beta 0.691 |
Huadong |
Sharpe Ratio = 0.155
| Best Portfolio | Best Equity | |||
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| Small Returns | 000963 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.6 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Huadong Medicine is performing at about 12% 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 Huadong Medicine by adding it to a well-diversified portfolio.
Price Book 2.8612 | Enterprise Value Ebitda 15.0648 | Price Sales 1.4928 | Shares Float 728.3 M | Dividend Share 0.93 |
Huadong Medicine Valuation on November 4, 2024
It is possible to determine the worth of Huadong Medicine on a given historical date. On November 4, 2024 Huadong was worth 33.03 at the beginning of the trading date compared to the closed value of 33.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Huadong Medicine stock. Still, in general, we apply an absolute valuation method to find Huadong Medicine'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 Huadong Medicine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Huadong Medicine's related companies.
| Open | High | Low | Close | Volume | |
| 33.01 | 33.38 | 32.71 | 32.87 | 10,786,490 | |
11/04/2024 | 33.03 | 33.59 | 32.91 | 33.30 | 10,189,685 |
| 33.25 | 33.73 | 32.93 | 33.66 | 13,671,324 |
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Huadong Medicine Trading Date Momentum on November 4, 2024
| On November 05 2024 Huadong Medicine Co was traded for 33.66 at the closing time. The highest price during the trading period was 33.73 and the lowest recorded bid was listed for 32.93 . The volume for the day was 13.7 M. This history from November 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.08% . The trading delta at closing time to the current price is 9.34% . |
Huadong Medicine Fundamentals Correlations and Trends
By evaluating Huadong Medicine'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 Huadong Medicine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Huadong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Huadong Medicine Stock history
Huadong Medicine 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 Huadong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Huadong Medicine 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 Huadong Medicine stock prices may prove useful in developing a viable investing in Huadong Medicine
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.8 B | 1.9 B | |
| Net Income Applicable To Common Shares | 2.6 B | 2.8 B |
Huadong Medicine Quarterly Net Working Capital |
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Huadong Medicine Stock Technical Analysis
Huadong Medicine 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
Huadong Medicine Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Huadong Medicine 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.
Huadong Medicine December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Huadong Medicine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Huadong Medicine shares will generate the highest return on investment. By undertsting and applying Huadong Medicine stock market strength indicators, traders can identify Huadong Medicine Co entry and exit signals to maximize returns
Huadong Medicine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Huadong Medicine's price direction in advance. Along with the technical and fundamental analysis of Huadong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Huadong 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 | 0.1372 | |||
| Jensen Alpha | 0.4003 | |||
| Total Risk Alpha | 0.3353 | |||
| Sortino Ratio | 0.1617 | |||
| Treynor Ratio | 1.54 |
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| Volume Indicators |
Complementary Tools for Huadong Stock analysis
When running Huadong Medicine's price analysis, check to measure Huadong Medicine'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 Huadong Medicine is operating at the current time. Most of Huadong Medicine's value examination focuses on studying past and present price action to predict the probability of Huadong Medicine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huadong Medicine's price. Additionally, you may evaluate how the addition of Huadong Medicine to your portfolios can decrease your overall portfolio volatility.
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