Gotion High (China) Price on March 16, 2023

002074 Stock   20.40  0.82  3.86%   
If you're considering investing in Gotion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gotion High stands at 20.40, as last reported on the 3rd of January, with the highest price reaching 21.20 and the lowest price hitting 20.28 during the day. Gotion High tech holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Gotion High tech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gotion High's Standard Deviation of 2.72, risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (1.74) to validate the risk estimate we provide.
  
Gotion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1164

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Estimated Market Risk

 2.72
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.32
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gotion High is not performing at its full potential. However, 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 Gotion High by adding Gotion High to a well-diversified portfolio.

Gotion High Valuation on March 16, 2023

It is possible to determine the worth of Gotion High on a given historical date. On March 16, 2023 Gotion was worth 28.02 at the beginning of the trading date compared to the closed value of 27.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gotion High stock. Still, in general, we apply an absolute valuation method to find Gotion High'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 Gotion High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gotion High's related companies.
 Open High Low Close Volume
  28.32    28.70    28.27    28.30    8,714,658  
03/16/2023
  28.02    28.14    27.03    27.13    20,860,900  
  27.25    27.61    27.06    27.15    16,448,966  
Backtest Gotion High  |  Gotion High History  |  Gotion High Valuation   PreviousNext  
Open Value
28.02
27.13
Closing Value
36.19
Upside

Gotion High Trading Date Momentum on March 16, 2023

On March 17 2023 Gotion High tech was traded for  27.15  at the closing time. The highest price during the trading period was 27.61  and the lowest recorded bid was listed for  27.06 . The volume for the day was 16.4 M. This history from March 17, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.07% . The overall trading delta to the current price is 9.88% .

Gotion High tech Fundamentals Correlations and Trends

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

About Gotion High Stock history

Gotion High 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 Gotion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gotion High tech 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 Gotion High stock prices may prove useful in developing a viable investing in Gotion High

Gotion High Stock Technical Analysis

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

Gotion High Period Price Range

Low
January 3, 2025
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Gotion High tech 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.

Gotion High January 3, 2025 Market Strength

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

Gotion High Technical and Predictive Indicators

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

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