Xiamen Hexing (China) Price on January 6, 2025

002228 Stock   2.88  0.04  1.41%   
Below is the normalized historical share price chart for Xiamen Hexing Packaging extending back to May 08, 2008. 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 Xiamen Hexing stands at 2.88, as last reported on the 8th of January, with the highest price reaching 2.89 and the lowest price hitting 2.82 during the day.
IPO Date
8th of May 2008
200 Day MA
2.6963
50 Day MA
3.073
Beta
0.418
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Xiamen Stock, it is important to understand the factors that can impact its price. At this point, Xiamen Hexing is moderately volatile. Xiamen Hexing Packaging shows Sharpe Ratio of 0.0297, which attests that the company had a 0.0297% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Xiamen Hexing Packaging, which you can use to evaluate the volatility of the company. Please check out Xiamen Hexing's Downside Deviation of 3.08, mean deviation of 1.8, and Market Risk Adjusted Performance of (0.42) to validate if the risk estimate we provide is consistent with the expected return of 0.0576%.
  
At present, Xiamen Hexing'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 1.5 B, whereas Other Stockholder Equity is forecasted to decline to about 13.6 M. . Xiamen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0297

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Estimated Market Risk

 1.94
  actual daily
17
83% of assets are more volatile

Expected Return

 0.06
  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 Xiamen Hexing 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 Xiamen Hexing by adding it to a well-diversified portfolio.
Price Book
1.0733
Enterprise Value Ebitda
23.4432
Price Sales
0.3008
Shares Float
537.6 M
Dividend Share
0.12

Xiamen Hexing Valuation on January 6, 2025

It is possible to determine the worth of Xiamen Hexing on a given historical date. On January 6, 2025 Xiamen was worth 2.87 at the beginning of the trading date compared to the closed value of 2.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xiamen Hexing stock. Still, in general, we apply an absolute valuation method to find Xiamen Hexing'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 Xiamen Hexing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xiamen Hexing's related companies.
 Open High Low Close Volume
  3.00    3.00    2.84    2.86    20,229,548  
01/06/2025
  2.87    2.87    2.75    2.84    12,576,400  
  2.85    2.89    2.82    2.88    9,502,499  
Backtest Xiamen Hexing  |  Xiamen Hexing History  |  Xiamen Hexing Valuation   PreviousNext  
Open Value
2.87
2.84
Closing Value
8.68
Upside

Xiamen Hexing Trading Date Momentum on January 6, 2025

On January 07 2025 Xiamen Hexing Packaging was traded for  2.88  at the closing time. The highest price during the trading period was 2.89  and the lowest recorded bid was listed for  2.82 . The volume for the day was 9.5 M. This history from January 7, 2025 contributed to the next trading day price jump. The daily price change to the next closing price was 1.41% . The trading price change to the current price is 0.35% .

Xiamen Hexing Packaging Fundamentals Correlations and Trends

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

About Xiamen Hexing Stock history

Xiamen Hexing 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 Xiamen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xiamen Hexing Packaging 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 Xiamen Hexing stock prices may prove useful in developing a viable investing in Xiamen Hexing
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.4 B1.3 B
Net Income Applicable To Common Shares152 M148.2 M

Xiamen Hexing Quarterly Net Working Capital

838.36 Million

Xiamen Hexing Stock Technical Analysis

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

Xiamen Hexing Period Price Range

Low
January 8, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Xiamen Hexing Packaging 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.

Xiamen Hexing January 8, 2025 Market Strength

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

Xiamen Hexing Technical and Predictive Indicators

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

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