Zhejiang Crystal (China) Price on December 19, 2024
| 002273 Stock | 22.45 1.39 6.60% |
Below is the normalized historical share price chart for Zhejiang Crystal Optech extending back to September 19, 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 Zhejiang Crystal stands at 22.45, as last reported on the 20th of December, with the highest price reaching 22.70 and the lowest price hitting 20.77 during the day.
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. Zhejiang Crystal appears to be not too volatile, given 3 months investment horizon. Zhejiang Crystal Optech shows Sharpe Ratio of 0.18, which attests that the company had a 0.18% return per unit of risk over the last 3 months. By examining Zhejiang Crystal's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please utilize Zhejiang Crystal's Market Risk Adjusted Performance of 13.71, mean deviation of 2.78, and Downside Deviation of 2.75 to validate if our risk estimates are consistent with your expectations.
At present, Zhejiang Crystal's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 11.8 B, whereas Treasury Stock is forecasted to decline to (71.1 M). . Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of September 2008 | 200 Day MA 17.1022 | 50 Day MA 20.9684 | Beta 0.655 |
Zhejiang |
Sharpe Ratio = 0.183
| Best Portfolio | Best Equity | |||
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| Small Returns | 002273 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.64 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Zhejiang Crystal is performing at about 14% 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 Zhejiang Crystal by adding it to a well-diversified portfolio.
Price Book 3.5313 | Enterprise Value Ebitda 25.3787 | Price Sales 5.1732 | Shares Float 1.1 B | Dividend Share 0.4 |
Zhejiang Crystal Valuation on December 19, 2024
It is possible to determine the worth of Zhejiang Crystal on a given historical date. On December 19, 2024 Zhejiang was worth 20.89 at the beginning of the trading date compared to the closed value of 22.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Crystal stock. Still, in general, we apply an absolute valuation method to find Zhejiang Crystal'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 Zhejiang Crystal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Crystal's related companies.
| Open | High | Low | Close | Volume | |
| 20.69 | 21.33 | 20.40 | 21.06 | 35,909,467 | |
12/19/2024 | 20.89 | 22.70 | 20.77 | 22.45 | 83,617,497 |
| Backtest Zhejiang Crystal | | | Zhejiang Crystal History | | | Zhejiang Crystal Valuation | Previous |
Zhejiang Crystal Trading Date Momentum on December 19, 2024
| On December 19 2024 Zhejiang Crystal Optech was traded for 22.45 at the closing time. The highest price during the trading period was 22.70 and the lowest recorded bid was listed for 20.77 . The volume for the day was 83.6 M. This history from December 19, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 6.95% . |
Zhejiang Crystal Optech Fundamentals Correlations and Trends
By evaluating Zhejiang Crystal'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 Zhejiang Crystal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhejiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhejiang Crystal Stock history
Zhejiang Crystal 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 Zhejiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhejiang Crystal Optech 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 Zhejiang Crystal stock prices may prove useful in developing a viable investing in Zhejiang Crystal
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.6 B | 1.4 B | |
| Net Income Applicable To Common Shares | 662.6 M | 695.7 M |
Zhejiang Crystal Quarterly Net Working Capital |
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Zhejiang Crystal Stock Technical Analysis
Zhejiang Crystal 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
Zhejiang Crystal Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Zhejiang Crystal Optech 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.
Zhejiang Crystal December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Crystal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhejiang Crystal shares will generate the highest return on investment. By undertsting and applying Zhejiang Crystal stock market strength indicators, traders can identify Zhejiang Crystal Optech entry and exit signals to maximize returns
Zhejiang Crystal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Crystal's price direction in advance. Along with the technical and fundamental analysis of Zhejiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhejiang 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 | 0.1349 | |||
| Jensen Alpha | 0.5578 | |||
| Total Risk Alpha | 0.454 | |||
| Sortino Ratio | 0.1943 | |||
| Treynor Ratio | 13.7 |
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| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Crystal's price analysis, check to measure Zhejiang Crystal'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 Zhejiang Crystal is operating at the current time. Most of Zhejiang Crystal's value examination focuses on studying past and present price action to predict the probability of Zhejiang Crystal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Crystal's price. Additionally, you may evaluate how the addition of Zhejiang Crystal to your portfolios can decrease your overall portfolio volatility.
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