China Longyuan (China) Price on June 14, 2024
| 001289 Stock | 17.06 0.05 0.29% |
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Longyuan stands at 17.06, as last reported on the 20th of December, with the highest price reaching 17.34 and the lowest price hitting 16.98 during the day. China Longyuan appears to be somewhat reliable, given 3 months investment horizon. China Longyuan Power secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for China Longyuan Power, which you can use to evaluate the volatility of the firm. Please makes use of China Longyuan's Risk Adjusted Performance of 0.0956, mean deviation of 2.18, and Downside Deviation of 2.34 to double-check if our risk estimates are consistent with your expectations.
As of December 20, 2024, Total Stockholder Equity is expected to decline to about 70.3 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 9 B. China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
China |
Sharpe Ratio = 0.1251
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 001289 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average China Longyuan is performing at about 9% 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 China Longyuan by adding it to a well-diversified portfolio.
Price Book 2.0183 | Enterprise Value Ebitda 21.5534 | Price Sales 2.9989 | Shares Float 3.4 B | Dividend Share 0.223 |
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China Longyuan Valuation on June 14, 2024
It is possible to determine the worth of China Longyuan on a given historical date. On June 14, 2024 China was worth 18.41 at the beginning of the trading date compared to the closed value of 18.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Longyuan stock. Still, in general, we apply an absolute valuation method to find China Longyuan'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 China Longyuan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Longyuan's related companies.
| Open | High | Low | Close | Volume | |
| 18.36 | 18.68 | 18.31 | 18.46 | 8,294,388 | |
06/14/2024 | 18.41 | 18.61 | 18.12 | 18.17 | 10,728,310 |
| 18.03 | 18.22 | 17.72 | 17.89 | 8,355,414 |
| Backtest China Longyuan | | | China Longyuan History | | | China Longyuan Valuation | Previous | Next |
China Longyuan Trading Date Momentum on June 14, 2024
| On June 17 2024 China Longyuan Power was traded for 17.89 at the closing time. The highest price during the trading period was 18.22 and the lowest recorded bid was listed for 17.72 . The volume for the day was 8.4 M. This history from June 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.54% . The overall trading delta to the current price is 6.38% . |
China Longyuan Power Fundamentals Correlations and Trends
By evaluating China Longyuan'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 China Longyuan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Longyuan Stock history
China Longyuan 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Longyuan Power 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 China Longyuan stock prices may prove useful in developing a viable investing in China Longyuan
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9.6 B | 9 B |
China Longyuan Stock Technical Analysis
China Longyuan 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
China Longyuan Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
China Longyuan Power 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.
China Longyuan December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how China Longyuan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Longyuan shares will generate the highest return on investment. By undertsting and applying China Longyuan stock market strength indicators, traders can identify China Longyuan Power entry and exit signals to maximize returns
China Longyuan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Longyuan's price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | 0.0956 | |||
| Jensen Alpha | 0.3283 | |||
| Total Risk Alpha | 0.2324 | |||
| Sortino Ratio | 0.127 | |||
| Treynor Ratio | (0.90) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for China Stock analysis
When running China Longyuan's price analysis, check to measure China Longyuan'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 China Longyuan is operating at the current time. Most of China Longyuan's value examination focuses on studying past and present price action to predict the probability of China Longyuan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Longyuan's price. Additionally, you may evaluate how the addition of China Longyuan to your portfolios can decrease your overall portfolio volatility.
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