Zhejiang Kingland (China) Price on July 4, 2024
| 002443 Stock | 6.02 0.05 0.84% |
Below is the normalized historical share price chart for Zhejiang Kingland Pipeline extending back to July 06, 2010. 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 Kingland stands at 6.02, as last reported on the 25th of December, with the highest price reaching 6.04 and the lowest price hitting 5.90 during the day.
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. At this point, Zhejiang Kingland is slightly risky. Zhejiang Kingland shows Sharpe Ratio of 0.0708, which attests that the company had a 0.0708% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zhejiang Kingland, which you can use to evaluate the volatility of the company. Please check out Zhejiang Kingland's Mean Deviation of 1.79, market risk adjusted performance of (0.43), and Downside Deviation of 2.34 to validate if the risk estimate we provide is consistent with the expected return of 0.19%.
As of December 25, 2024, Total Stockholder Equity is expected to decline to about 2.4 B. In addition to that, Common Stock is expected to decline to about 476.7 M. Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of July 2010 | 200 Day MA 5.8852 | 50 Day MA 6.312 | Beta 0.366 |
Zhejiang |
Sharpe Ratio = 0.0708
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002443 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Zhejiang Kingland is performing at about 5% 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 Kingland by adding it to a well-diversified portfolio.
Price Book 0.9087 | Enterprise Value Ebitda 8.7257 | Price Sales 0.633 | Shares Float 390.9 M | Dividend Share 0.06 |
Zhejiang Kingland Valuation on July 4, 2024
It is possible to determine the worth of Zhejiang Kingland on a given historical date. On July 4, 2024 Zhejiang was worth 5.48 at the beginning of the trading date compared to the closed value of 5.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Kingland stock. Still, in general, we apply an absolute valuation method to find Zhejiang Kingland'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 Kingland where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Kingland's related companies.
| Open | High | Low | Close | Volume | |
| 5.42 | 5.53 | 5.42 | 5.48 | 4,068,300 | |
07/04/2024 | 5.48 | 5.49 | 5.37 | 5.39 | 4,137,700 |
| 5.36 | 5.45 | 5.36 | 5.43 | 2,139,300 |
| Backtest Zhejiang Kingland | | | Zhejiang Kingland History | | | Zhejiang Kingland Valuation | Previous | Next |
Zhejiang Kingland Trading Date Momentum on July 4, 2024
| On July 05 2024 Zhejiang Kingland Pipeline was traded for 5.43 at the closing time. The highest price during the trading period was 5.45 and the lowest recorded bid was listed for 5.36 . The volume for the day was 2.1 M. This history from July 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.74% . The trading date delta to the current price is 1.67% . |
Zhejiang Kingland Fundamentals Correlations and Trends
By evaluating Zhejiang Kingland'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 Kingland'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 Kingland Stock history
Zhejiang Kingland 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 Kingland 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 Kingland stock prices may prove useful in developing a viable investing in Zhejiang Kingland
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 468.5 M | 416.4 M | |
| Net Income Applicable To Common Shares | 269.7 M | 204.5 M |
Zhejiang Kingland Quarterly Net Working Capital |
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Zhejiang Kingland Stock Technical Analysis
Zhejiang Kingland 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 Kingland Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Zhejiang Kingland Pipeline 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 Kingland December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Kingland 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 Kingland shares will generate the highest return on investment. By undertsting and applying Zhejiang Kingland stock market strength indicators, traders can identify Zhejiang Kingland Pipeline entry and exit signals to maximize returns
Zhejiang Kingland Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Kingland'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 | 0.0923 | |||
| Jensen Alpha | 0.2853 | |||
| Total Risk Alpha | 0.153 | |||
| Sortino Ratio | 0.0983 | |||
| Treynor Ratio | (0.44) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Kingland's price analysis, check to measure Zhejiang Kingland'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 Kingland is operating at the current time. Most of Zhejiang Kingland's value examination focuses on studying past and present price action to predict the probability of Zhejiang Kingland'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 Kingland's price. Additionally, you may evaluate how the addition of Zhejiang Kingland to your portfolios can decrease your overall portfolio volatility.
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