Zhejiang Construction (China) Price on April 25, 2024

002761 Stock   9.28  0.38  3.93%   
Below is the normalized historical share price chart for Zhejiang Construction Investment extending back to June 10, 2015. 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 Construction stands at 9.28, as last reported on the 24th of December, with the highest price reaching 9.68 and the lowest price hitting 9.26 during the day.
200 Day MA
8.6984
50 Day MA
9.7374
Beta
0.268
 
Yuan Drop
 
Covid
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. Zhejiang Construction appears to be slightly risky, given 3 months investment horizon. Zhejiang Construction shows Sharpe Ratio of 0.0921, which attests that the company had a 0.0921% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zhejiang Construction, which you can use to evaluate the volatility of the company. Please utilize Zhejiang Construction's Mean Deviation of 2.63, downside deviation of 4.26, and Market Risk Adjusted Performance of (0.88) to validate if our risk estimates are consistent with your expectations.
  
The current year's Other Stockholder Equity is expected to grow to about 2.3 B, whereas Total Stockholder Equity is forecasted to decline to about 4.4 B. . Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0921

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Estimated Market Risk

 4.1
  actual daily
36
64% of assets are more volatile

Expected Return

 0.38
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Zhejiang Construction is performing at about 7% 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 Construction by adding it to a well-diversified portfolio.
Price Book
1.2735
Enterprise Value Ebitda
19.3283
Price Sales
0.1262
Shares Float
491.1 M
Dividend Share
0.05

Zhejiang Construction Main Headline on 25th of April 2024

Zhejiang Reclaim Construction Group Co., Ltd.s Popularity With Investors Under Threat As Stock Sinks 32 Simply Wall St

Zhejiang Construction Valuation on April 25, 2024

It is possible to determine the worth of Zhejiang Construction on a given historical date. On April 25, 2024 Zhejiang was worth 7.91 at the beginning of the trading date compared to the closed value of 8.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Construction stock. Still, in general, we apply an absolute valuation method to find Zhejiang Construction'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 Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Construction's related companies.
 Open High Low Close Volume
  7.95    8.00    7.83    7.96    17,289,816  
04/25/2024
  7.91    8.10    7.86    8.05    19,229,783  
  8.02    8.27    7.95    8.25    26,276,477  
Backtest Zhejiang Construction  |  Zhejiang Construction History  |  Zhejiang Construction Valuation   PreviousNext  
Open Value
7.91
8.05
Closing Value
20.20
Upside

Zhejiang Construction Trading Date Momentum on April 25, 2024

On April 26 2024 Zhejiang Construction Investment was traded for  8.25  at the closing time. The highest price during the trading period was 8.27  and the lowest recorded bid was listed for  7.95 . The volume for the day was 26.3 M. This history from April 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.48% . The trading date delta to the current price is 7.95% .

Zhejiang Construction Fundamentals Correlations and Trends

By evaluating Zhejiang Construction'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 Construction'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 Construction Stock history

Zhejiang Construction 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 Construction 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 Construction stock prices may prove useful in developing a viable investing in Zhejiang Construction
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.2 B843.2 M
Net Income Applicable To Common Shares1.1 B608.1 M

Zhejiang Construction Stock Technical Analysis

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

Zhejiang Construction Period Price Range

Low
December 24, 2024
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High

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 0.00 

Zhejiang Construction Investment 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 Construction December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Zhejiang Construction 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 Construction shares will generate the highest return on investment. By undertsting and applying Zhejiang Construction stock market strength indicators, traders can identify Zhejiang Construction Investment entry and exit signals to maximize returns

Zhejiang Construction Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Zhejiang Construction'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.

Complementary Tools for Zhejiang Stock analysis

When running Zhejiang Construction's price analysis, check to measure Zhejiang Construction'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 Construction is operating at the current time. Most of Zhejiang Construction's value examination focuses on studying past and present price action to predict the probability of Zhejiang Construction'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 Construction's price. Additionally, you may evaluate how the addition of Zhejiang Construction to your portfolios can decrease your overall portfolio volatility.
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