Zhengzhou Qianweiyangchu (China) Price on August 15, 2024
| 001215 Stock | 31.31 0.96 2.97% |
If you're considering investing in Zhengzhou Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zhengzhou Qianweiyangchu stands at 31.31, as last reported on the 25th of December, with the highest price reaching 32.65 and the lowest price hitting 30.80 during the day. Zhengzhou Qianweiyangchu appears to be not too volatile, given 3 months investment horizon. Zhengzhou Qianweiyangchu shows Sharpe Ratio of 0.0754, which attests that the company had a 0.0754% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zhengzhou Qianweiyangchu, which you can use to evaluate the volatility of the company. Please utilize Zhengzhou Qianweiyangchu's Market Risk Adjusted Performance of 0.9718, downside deviation of 3.75, and Mean Deviation of 3.29 to validate if our risk estimates are consistent with your expectations.
As of December 25, 2024, Total Stockholder Equity is expected to decline to about 758.2 M. In addition to that, Liabilities And Stockholders Equity is expected to decline to about 1.1 B. Zhengzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zhengzhou |
Sharpe Ratio = 0.0754
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Estimated Market Risk
| 4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Zhengzhou Qianweiyangchu is performing at about 5% 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 Zhengzhou Qianweiyangchu by adding it to a well-diversified portfolio.
Price Book 1.7922 | Enterprise Value Ebitda 17.6606 | Price Sales 1.6048 | Shares Float 50.1 M | Dividend Share 0.19 |
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Zhengzhou Qianweiyangchu Valuation on August 15, 2024
It is possible to determine the worth of Zhengzhou Qianweiyangchu on a given historical date. On August 15, 2024 Zhengzhou was worth 26.16 at the beginning of the trading date compared to the closed value of 25.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhengzhou Qianweiyangchu stock. Still, in general, we apply an absolute valuation method to find Zhengzhou Qianweiyangchu'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 Zhengzhou Qianweiyangchu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhengzhou Qianweiyangchu's related companies.
| Open | High | Low | Close | Volume | |
| 26.60 | 26.64 | 26.09 | 26.16 | 962,700 | |
08/15/2024 | 26.16 | 26.44 | 25.78 | 25.86 | 1,279,263 |
| 25.80 | 25.89 | 25.11 | 25.19 | 1,414,600 |
| Backtest Zhengzhou Qianweiyangchu | | | Zhengzhou Qianweiyangchu History | | | Zhengzhou Qianweiyangchu Valuation | Previous | Next |
Zhengzhou Qianweiyangchu Trading Date Momentum on August 15, 2024
| On August 16 2024 Zhengzhou Qianweiyangchu Food was traded for 25.19 at the closing time. The highest price during the trading period was 25.89 and the lowest recorded bid was listed for 25.11 . The volume for the day was 1.4 M. This history from August 16, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.59% . The trading date delta to the current price is 10.52% . |
Zhengzhou Qianweiyangchu Fundamentals Correlations and Trends
By evaluating Zhengzhou Qianweiyangchu'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 Zhengzhou Qianweiyangchu's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhengzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhengzhou Qianweiyangchu Stock history
Zhengzhou Qianweiyangchu 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 Zhengzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhengzhou Qianweiyangchu 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 Zhengzhou Qianweiyangchu stock prices may prove useful in developing a viable investing in Zhengzhou Qianweiyangchu
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 86.6 M | 78.3 M | |
| Net Income Applicable To Common Shares | 101.7 M | 87.7 M |
Zhengzhou Qianweiyangchu Quarterly Net Working Capital |
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Zhengzhou Qianweiyangchu Stock Technical Analysis
Zhengzhou Qianweiyangchu 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
Zhengzhou Qianweiyangchu Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Zhengzhou Qianweiyangchu Food 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.
Zhengzhou Qianweiyangchu December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhengzhou Qianweiyangchu stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhengzhou Qianweiyangchu shares will generate the highest return on investment. By undertsting and applying Zhengzhou Qianweiyangchu stock market strength indicators, traders can identify Zhengzhou Qianweiyangchu Food entry and exit signals to maximize returns
Zhengzhou Qianweiyangchu Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhengzhou Qianweiyangchu's price direction in advance. Along with the technical and fundamental analysis of Zhengzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhengzhou 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 | 0.124 | |||
| Jensen Alpha | 0.5984 | |||
| Total Risk Alpha | 0.4317 | |||
| Sortino Ratio | 0.1563 | |||
| Treynor Ratio | 0.9618 |
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Complementary Tools for Zhengzhou Stock analysis
When running Zhengzhou Qianweiyangchu's price analysis, check to measure Zhengzhou Qianweiyangchu'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 Zhengzhou Qianweiyangchu is operating at the current time. Most of Zhengzhou Qianweiyangchu's value examination focuses on studying past and present price action to predict the probability of Zhengzhou Qianweiyangchu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhengzhou Qianweiyangchu's price. Additionally, you may evaluate how the addition of Zhengzhou Qianweiyangchu to your portfolios can decrease your overall portfolio volatility.
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