TongFu Microelectronics (China) Price on June 11, 2024
| 002156 Stock | 29.34 0.54 1.87% |
Below is the normalized historical share price chart for TongFu Microelectronics Co extending back to August 16, 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 TongFu Microelectronics stands at 29.34, as last reported on the 20th of December, with the highest price reaching 29.58 and the lowest price hitting 28.20 during the day.
If you're considering investing in TongFu Stock, it is important to understand the factors that can impact its price. TongFu Microelectronics appears to be not too volatile, given 3 months investment horizon. TongFu Microelectronics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. By inspecting TongFu Microelectronics' technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please review TongFu Microelectronics' Semi Deviation of 2.84, coefficient of variation of 559.04, and Risk Adjusted Performance of 0.1502 to confirm if our risk estimates are consistent with your expectations.
At present, TongFu Microelectronics' 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 1.8 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.4 B. . TongFu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of August 2007 | 200 Day MA 22.1622 | 50 Day MA 22.914 | Beta 0.568 |
TongFu |
Sharpe Ratio = 0.199
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| Small Returns | 002156 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.57 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average TongFu Microelectronics is performing at about 15% 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 TongFu Microelectronics by adding it to a well-diversified portfolio.
Price Book 3.0212 | Enterprise Value Ebitda 31.8237 | Price Sales 1.8993 | Shares Float 1.1 B | Dividend Share 0.012 |
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TongFu Microelectronics Valuation on June 11, 2024
It is possible to determine the worth of TongFu Microelectronics on a given historical date. On June 11, 2024 TongFu was worth 24.05 at the beginning of the trading date compared to the closed value of 24.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TongFu Microelectronics stock. Still, in general, we apply an absolute valuation method to find TongFu Microelectronics' 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 TongFu Microelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TongFu Microelectronics' related companies.
| Open | High | Low | Close | Volume | |
| 23.29 | 24.65 | 23.22 | 24.27 | 182,629,278 | |
06/11/2024 | 24.05 | 24.82 | 24.00 | 24.20 | 186,218,214 |
| 23.93 | 24.44 | 23.67 | 24.38 | 152,803,346 |
| Backtest TongFu Microelectronics | | | TongFu Microelectronics History | | | TongFu Microelectronics Valuation | Previous | Next |
TongFu Microelectronics Trading Date Momentum on June 11, 2024
| On June 12 2024 TongFu Microelectronics Co was traded for 24.38 at the closing time. The highest price during the trading period was 24.44 and the lowest recorded bid was listed for 23.67 . The volume for the day was 152.8 M. This history from June 12, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.74% . The trading price change to the current price is 2.93% . |
TongFu Microelectronics Fundamentals Correlations and Trends
By evaluating TongFu Microelectronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TongFu Microelectronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TongFu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TongFu Microelectronics Stock history
TongFu Microelectronics 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 TongFu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TongFu Microelectronics 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 TongFu Microelectronics stock prices may prove useful in developing a viable investing in TongFu Microelectronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.5 B | 1.4 B | |
| Net Income Applicable To Common Shares | 577.3 M | 606.2 M |
TongFu Microelectronics Stock Technical Analysis
TongFu Microelectronics 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
TongFu Microelectronics Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
TongFu Microelectronics 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.
TongFu Microelectronics December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how TongFu Microelectronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TongFu Microelectronics shares will generate the highest return on investment. By undertsting and applying TongFu Microelectronics stock market strength indicators, traders can identify TongFu Microelectronics Co entry and exit signals to maximize returns
TongFu Microelectronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TongFu Microelectronics' price direction in advance. Along with the technical and fundamental analysis of TongFu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TongFu 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 | 0.1502 | |||
| Jensen Alpha | 0.7794 | |||
| Total Risk Alpha | 0.6385 | |||
| Sortino Ratio | 0.2297 | |||
| Treynor Ratio | (1.39) |
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Complementary Tools for TongFu Stock analysis
When running TongFu Microelectronics' price analysis, check to measure TongFu Microelectronics' 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 TongFu Microelectronics is operating at the current time. Most of TongFu Microelectronics' value examination focuses on studying past and present price action to predict the probability of TongFu Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TongFu Microelectronics' price. Additionally, you may evaluate how the addition of TongFu Microelectronics to your portfolios can decrease your overall portfolio volatility.
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