Changzhou Evergreen (China) Price on January 7, 2025
| 001324 Stock | 17.37 0.22 1.28% |
If you're considering investing in Changzhou Stock, it is important to understand the factors that can impact its price. As of today, the current price of Changzhou Evergreen stands at 17.37, as last reported on the 24th of January, with the highest price reaching 18.02 and the lowest price hitting 17.15 during the day. At this point, Changzhou Evergreen is not too volatile. Changzhou Evergreen secures Sharpe Ratio (or Efficiency) of 0.026, which signifies that the company had a 0.026 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Changzhou Evergreen Technology, which you can use to evaluate the volatility of the firm. Please confirm Changzhou Evergreen's risk adjusted performance of 0.0238, and Mean Deviation of 2.53 to double-check if the risk estimate we provide is consistent with the expected return of 0.0871%.
Changzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Changzhou |
Sharpe Ratio = 0.026
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| Cash | Small Risk | 001324 | High Risk | Huge Risk |
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Estimated Market Risk
| 3.35 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Changzhou Evergreen is performing at about 2% 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 Changzhou Evergreen by adding it to a well-diversified portfolio.
Price Book 2.1526 | Enterprise Value Ebitda 27.2311 | Price Sales 5.0896 | Shares Float 41.4 M | Dividend Share 0.1 |
Changzhou Evergreen Valuation on January 7, 2025
It is possible to determine the worth of Changzhou Evergreen on a given historical date. On January 7, 2025 Changzhou was worth 15.89 at the beginning of the trading date compared to the closed value of 16.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Changzhou Evergreen stock. Still, in general, we apply an absolute valuation method to find Changzhou Evergreen'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 Changzhou Evergreen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Changzhou Evergreen's related companies.
| Open | High | Low | Close | Volume | |
| 15.64 | 15.90 | 15.18 | 15.89 | 2,053,400 | |
01/07/2025 | 15.89 | 16.39 | 15.89 | 16.39 | 1,678,800 |
| 16.64 | 16.77 | 15.89 | 16.25 | 1,916,312 |
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Changzhou Evergreen Trading Date Momentum on January 7, 2025
| On January 08 2025 Changzhou Evergreen Technology was traded for 16.25 at the closing time. The highest price during the trading period was 16.77 and the lowest recorded bid was listed for 15.89 . The volume for the day was 1.9 M. This history from January 8, 2025 contributed to the next trading day price decline. The daily price change to the next closing price was 0.85% . The overall trading delta to the current price is 4.03% . |
Changzhou Evergreen Fundamentals Correlations and Trends
By evaluating Changzhou Evergreen'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 Changzhou Evergreen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Changzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Changzhou Evergreen Stock history
Changzhou Evergreen 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 Changzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Changzhou Evergreen 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 Changzhou Evergreen stock prices may prove useful in developing a viable investing in Changzhou Evergreen
Changzhou Evergreen Stock Technical Analysis
Changzhou Evergreen 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
Changzhou Evergreen Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
Changzhou Evergreen Technology 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.
Changzhou Evergreen January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Changzhou Evergreen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Changzhou Evergreen shares will generate the highest return on investment. By undertsting and applying Changzhou Evergreen stock market strength indicators, traders can identify Changzhou Evergreen Technology entry and exit signals to maximize returns
Changzhou Evergreen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Changzhou Evergreen's price direction in advance. Along with the technical and fundamental analysis of Changzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Changzhou 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 | 0.0238 | |||
| Jensen Alpha | 0.0454 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0047 | |||
| Treynor Ratio | 0.2561 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Changzhou Stock analysis
When running Changzhou Evergreen's price analysis, check to measure Changzhou Evergreen'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 Changzhou Evergreen is operating at the current time. Most of Changzhou Evergreen's value examination focuses on studying past and present price action to predict the probability of Changzhou Evergreen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changzhou Evergreen's price. Additionally, you may evaluate how the addition of Changzhou Evergreen to your portfolios can decrease your overall portfolio volatility.
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