Andon Health (China) Price on April 11, 2024

002432 Stock   41.32  0.80  1.97%   
If you're considering investing in Andon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Andon Health stands at 41.32, as last reported on the 7th of January, with the highest price reaching 41.78 and the lowest price hitting 40.61 during the day. Andon Health secures Sharpe Ratio (or Efficiency) of -0.0313, which signifies that the company had a -0.0313% return per unit of standard deviation over the last 3 months. Andon Health Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Andon Health's mean deviation of 1.35, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
  
Andon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0313

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Estimated Market Risk

 2.01
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Andon Health 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 Andon Health by adding Andon Health to a well-diversified portfolio.

Andon Health Valuation on April 11, 2024

It is possible to determine the worth of Andon Health on a given historical date. On April 11, 2024 Andon was worth 40.29 at the beginning of the trading date compared to the closed value of 40.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Andon Health stock. Still, in general, we apply an absolute valuation method to find Andon Health'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 Andon Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Andon Health's related companies.
 Open High Low Close Volume
  41.40    41.40    40.39    40.58    8,267,161  
04/11/2024
  40.29    40.99    40.19    40.37    6,711,436  
  40.22    40.41    39.78    39.88    7,871,752  
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Open Value
40.29
40.37
Closing Value
46.31
Upside

Andon Health Trading Date Momentum on April 11, 2024

On April 12 2024 Andon Health Co was traded for  39.88  at the closing time. The highest price during the trading period was 40.41  and the lowest recorded bid was listed for  39.78 . The volume for the day was 7.9 M. This history from April 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.21% . The overall trading delta to the current price is 0.40% .

Andon Health Fundamentals Correlations and Trends

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

About Andon Health Stock history

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

Andon Health Stock Technical Analysis

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

Andon Health Period Price Range

Low
January 7, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Andon Health 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.

Andon Health January 7, 2025 Market Strength

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

Andon Health Technical and Predictive Indicators

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

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