TCL Zhonghuan (China) Price on October 18, 2024
| 002129 Stock | 9.36 0.06 0.64% |
Below is the normalized historical share price chart for TCL Zhonghuan Renewable extending back to April 20, 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 TCL Zhonghuan stands at 9.36, as last reported on the 23rd of December, with the highest price reaching 9.47 and the lowest price hitting 9.32 during the day.
If you're considering investing in TCL Stock, it is important to understand the factors that can impact its price. TCL Zhonghuan appears to be slightly risky, given 3 months investment horizon. TCL Zhonghuan Renewable owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0711, which indicates the company had a 0.0711% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for TCL Zhonghuan Renewable, which you can use to evaluate the volatility of the entity. Please review TCL Zhonghuan's Risk Adjusted Performance of 0.0743, downside deviation of 3.38, and Market Risk Adjusted Performance of (0.77) to confirm if our risk estimates are consistent with your expectations.
At present, TCL Zhonghuan's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 3.9 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 3.4 B. . TCL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of April 2007 | 200 Day MA 10.5537 | 50 Day MA 9.557 | Beta 0.536 |
TCL |
Sharpe Ratio = 0.0711
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002129 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.06 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average TCL Zhonghuan 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 TCL Zhonghuan by adding it to a well-diversified portfolio.
Price Book 1.0909 | Enterprise Value Ebitda 35.9465 | Price Sales 1.1332 | Shares Float 2.7 B | Dividend Share 0.26 |
TCL Zhonghuan Valuation on October 18, 2024
It is possible to determine the worth of TCL Zhonghuan on a given historical date. On October 18, 2024 TCL was worth 8.83 at the beginning of the trading date compared to the closed value of 9.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TCL Zhonghuan stock. Still, in general, we apply an absolute valuation method to find TCL Zhonghuan'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 TCL Zhonghuan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TCL Zhonghuan's related companies.
| Open | High | Low | Close | Volume | |
| 9.11 | 9.17 | 8.86 | 8.88 | 73,729,348 | |
10/18/2024 | 8.83 | 9.47 | 8.78 | 9.20 | 120,572,938 |
| 9.32 | 10.12 | 9.25 | 9.81 | 235,370,618 |
| Backtest TCL Zhonghuan | | | TCL Zhonghuan History | | | TCL Zhonghuan Valuation | Previous | Next |
TCL Zhonghuan Trading Date Momentum on October 18, 2024
| On October 21 2024 TCL Zhonghuan Renewable was traded for 9.81 at the closing time. The highest price during the trading period was 10.12 and the lowest recorded bid was listed for 9.25 . The volume for the day was 235.4 M. This history from October 21, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 6.63% . The trading price change to the current price is 34.02% . |
TCL Zhonghuan Renewable Fundamentals Correlations and Trends
By evaluating TCL Zhonghuan'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 TCL Zhonghuan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TCL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TCL Zhonghuan Stock history
TCL Zhonghuan 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 TCL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TCL Zhonghuan Renewable 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 TCL Zhonghuan stock prices may prove useful in developing a viable investing in TCL Zhonghuan
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4 B | 3.4 B | |
| Net Income Applicable To Common Shares | 7.8 B | 8.2 B |
TCL Zhonghuan Stock Technical Analysis
TCL Zhonghuan 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
TCL Zhonghuan Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
TCL Zhonghuan Renewable 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.
TCL Zhonghuan December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how TCL Zhonghuan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TCL Zhonghuan shares will generate the highest return on investment. By undertsting and applying TCL Zhonghuan stock market strength indicators, traders can identify TCL Zhonghuan Renewable entry and exit signals to maximize returns
TCL Zhonghuan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TCL Zhonghuan's price direction in advance. Along with the technical and fundamental analysis of TCL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TCL 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 | 0.0743 | |||
| Jensen Alpha | 0.3418 | |||
| Total Risk Alpha | 0.2177 | |||
| Sortino Ratio | 0.0917 | |||
| Treynor Ratio | (0.78) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for TCL Stock analysis
When running TCL Zhonghuan's price analysis, check to measure TCL Zhonghuan'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 TCL Zhonghuan is operating at the current time. Most of TCL Zhonghuan's value examination focuses on studying past and present price action to predict the probability of TCL Zhonghuan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TCL Zhonghuan's price. Additionally, you may evaluate how the addition of TCL Zhonghuan to your portfolios can decrease your overall portfolio volatility.
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