Kuangda Technology (China) Price on May 24, 2024

002516 Stock   5.91  0.54  10.06%   
Below is the normalized historical share price chart for Kuangda Technology Group extending back to December 07, 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 Kuangda Technology stands at 5.91, as last reported on the 4th of December, with the highest price reaching 5.91 and the lowest price hitting 5.50 during the day.
IPO Date
7th of December 2010
200 Day MA
4.2404
50 Day MA
4.9748
Beta
0.593
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Kuangda Stock, it is important to understand the factors that can impact its price. Kuangda Technology appears to be relatively risky, given 3 months investment horizon. Kuangda Technology has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23% return per unit of risk over the last 3 months. By analyzing Kuangda Technology's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please exercise Kuangda Technology's Downside Deviation of 2.94, mean deviation of 2.35, and Risk Adjusted Performance of 0.1598 to check out if our risk estimates are consistent with your expectations.
  
The current year's Common Stock is expected to grow to about 1.8 B, whereas Total Stockholder Equity is forecasted to decline to about 2.6 B. . Kuangda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.234

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Estimated Market Risk

 3.71
  actual daily
33
67% of assets are more volatile

Expected Return

 0.87
  actual daily
17
83% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average Kuangda Technology is performing at about 18% 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 Kuangda Technology by adding it to a well-diversified portfolio.
Price Book
2.1599
Enterprise Value Ebitda
37.9673
Price Sales
4.1777
Shares Float
661.3 M
Dividend Share
0.1

Kuangda Technology Main Headline on 24th of May 2024

Kuangda Technology Groups Returns Have Hit A Wall Simply Wall St

Kuangda Technology Valuation on May 24, 2024

It is possible to determine the worth of Kuangda Technology on a given historical date. On May 24, 2024 Kuangda was worth 3.99 at the beginning of the trading date compared to the closed value of 3.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kuangda Technology stock. Still, in general, we apply an absolute valuation method to find Kuangda Technology'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 Kuangda Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kuangda Technology's related companies.
 Open High Low Close Volume
  4.07    4.07    3.98    3.99    10,415,500  
05/24/2024
  3.99    4.05    3.93    3.94    9,501,400  
  3.99    4.00    3.84    3.93    10,368,120  
Backtest Kuangda Technology  |  Kuangda Technology History  |  Kuangda Technology Valuation   PreviousNext  
Open Value
3.99
3.94
Closing Value
15.11
Upside

Kuangda Technology Trading Date Momentum on May 24, 2024

On May 27 2024 Kuangda Technology Group was traded for  3.93  at the closing time. The highest price during the trading period was 4.00  and the lowest recorded bid was listed for  3.84 . The volume for the day was 10.4 M. This history from May 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.25% . The trading delta at closing time to the current price is 2.03% .

Kuangda Technology Fundamentals Correlations and Trends

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

About Kuangda Technology Stock history

Kuangda Technology 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 Kuangda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kuangda Technology 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 Kuangda Technology stock prices may prove useful in developing a viable investing in Kuangda Technology
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.3 B1.2 B
Net Income Applicable To Common Shares217.9 M190.9 M

Kuangda Technology Quarterly Net Working Capital

1.69 Billion

Kuangda Technology Stock Technical Analysis

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

Kuangda Technology Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Kuangda Technology Group 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.

Kuangda Technology December 4, 2024 Market Strength

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

Kuangda Technology Technical and Predictive Indicators

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

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