Sunwave Communications (China) Price on May 8, 2024

002115 Stock   9.85  0.90  10.06%   
Below is the normalized historical share price chart for Sunwave Communications Co extending back to February 15, 2007. 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 Sunwave Communications stands at 9.85, as last reported on the 13th of December 2024, with the highest price reaching 9.85 and the lowest price hitting 9.85 during the day.
IPO Date
15th of February 2007
200 Day MA
5.353
50 Day MA
5.943
Beta
0.508
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Sunwave Stock, it is important to understand the factors that can impact its price. Sunwave Communications is slightly risky given 3 months investment horizon. Sunwave Communications owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.34, which indicates the firm had a 0.34% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use Sunwave Communications Coefficient Of Variation of 326.53, semi deviation of 3.05, and Risk Adjusted Performance of 0.2308 to evaluate company specific risk that cannot be diversified away.
  
The current year's Common Stock is expected to grow to about 979.3 M, whereas Total Stockholder Equity is forecasted to decline to about 1.3 B. . Sunwave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.344

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Estimated Market Risk

 4.66
  actual daily
41
59% of assets are more volatile

Expected Return

 1.6
  actual daily
31
69% of assets have higher returns

Risk-Adjusted Return

 0.34
  actual daily
27
73% of assets perform better
Based on monthly moving average Sunwave Communications is performing at about 27% 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 Sunwave Communications by adding it to a well-diversified portfolio.
Price Book
3.1147
Enterprise Value Ebitda
272.1952
Price Sales
0.7217
Shares Float
641.4 M
Wall Street Target Price
11.2

Sunwave Communications Valuation on May 8, 2024

It is possible to determine the worth of Sunwave Communications on a given historical date. On May 8, 2024 Sunwave was worth 5.98 at the beginning of the trading date compared to the closed value of 5.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunwave Communications stock. Still, in general, we apply an absolute valuation method to find Sunwave Communications' 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 Sunwave Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunwave Communications' related companies.
 Open High Low Close Volume
  5.83    5.98    5.79    5.94    26,701,801  
05/08/2024
  5.98    5.99    5.72    5.73    25,342,811  
  5.73    5.83    5.71    5.82    16,296,330  
Backtest Sunwave Communications  |  Sunwave Communications History  |  Sunwave Communications Valuation   PreviousNext  
Open Value
5.98
5.73
Closing Value
19.97
Upside

Sunwave Communications Trading Date Momentum on May 8, 2024

On May 09 2024 Sunwave Communications Co was traded for  5.82  at the closing time. The highest price during the trading period was 5.83  and the lowest recorded bid was listed for  5.71 . The volume for the day was 16.3 M. This history from May 9, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.57% . The trading price change to the current price is 3.14% .

Sunwave Communications Fundamentals Correlations and Trends

By evaluating Sunwave Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sunwave Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sunwave financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sunwave Communications Stock history

Sunwave Communications 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 Sunwave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunwave Communications 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 Sunwave Communications stock prices may prove useful in developing a viable investing in Sunwave Communications
Last ReportedProjected for Next Year
Common Stock Shares Outstanding932.6 M826.4 M
Net Income Applicable To Common Shares121.8 M127.9 M

Sunwave Communications Quarterly Net Working Capital

738.63 Million

Sunwave Communications Stock Technical Analysis

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

Sunwave Communications Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sunwave Communications 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.

Sunwave Communications December 13, 2024 Market Strength

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

Sunwave Communications Technical and Predictive Indicators

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

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