Guangdong Zhongsheng (China) Price on May 14, 2024

002317 Stock   11.09  0.05  0.45%   
If you're considering investing in Guangdong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Guangdong Zhongsheng stands at 11.09, as last reported on the 25th of January, with the highest price reaching 11.10 and the lowest price hitting 10.81 during the day. Guangdong Zhongsheng holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11 % return per unit of standard deviation over the last 3 months. Guangdong Zhongsheng exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guangdong Zhongsheng's market risk adjusted performance of 38.26, and Risk Adjusted Performance of (0.09) to validate the risk estimate we provide.
  
Guangdong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1097

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Estimated Market Risk

 2.32
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Guangdong Zhongsheng is not performing at its full potential. However, 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 Guangdong Zhongsheng by adding Guangdong Zhongsheng to a well-diversified portfolio.

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Guangdong Zhongsheng Valuation on May 14, 2024

It is possible to determine the worth of Guangdong Zhongsheng on a given historical date. On May 14, 2024 Guangdong was worth 14.63 at the beginning of the trading date compared to the closed value of 14.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guangdong Zhongsheng stock. Still, in general, we apply an absolute valuation method to find Guangdong Zhongsheng'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 Guangdong Zhongsheng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guangdong Zhongsheng's related companies.
 Open High Low Close Volume
  14.97    15.12    14.52    14.56    17,338,686  
05/14/2024
  14.63    14.90    14.57    14.72    12,825,620  
  14.71    14.72    14.32    14.34    10,411,400  
Backtest Guangdong Zhongsheng  |  Guangdong Zhongsheng History  |  Guangdong Zhongsheng Valuation   PreviousNext  
Open Value
14.63
14.72
Closing Value
21.58
Upside

Guangdong Zhongsheng Trading Date Momentum on May 14, 2024

On May 15 2024 Guangdong Zhongsheng Pharmaceutical was traded for  14.34  at the closing time. The highest price during the trading period was 14.72  and the lowest recorded bid was listed for  14.32 . The volume for the day was 10.4 M. This history from May 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.58% . The overall trading delta to the current price is 5.57% .

Guangdong Zhongsheng Fundamentals Correlations and Trends

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

About Guangdong Zhongsheng Stock history

Guangdong Zhongsheng 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 Guangdong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guangdong Zhongsheng 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 Guangdong Zhongsheng stock prices may prove useful in developing a viable investing in Guangdong Zhongsheng

Guangdong Zhongsheng Stock Technical Analysis

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

Guangdong Zhongsheng Period Price Range

Low
January 25, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Guangdong Zhongsheng Pharmaceutical 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.

Guangdong Zhongsheng January 25, 2025 Market Strength

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

Guangdong Zhongsheng Technical and Predictive Indicators

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

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