Qingdao Gon (China) Price on January 7, 2025
| 002768 Stock | 22.40 0.22 0.99% |
If you're considering investing in Qingdao Stock, it is important to understand the factors that can impact its price. As of today, the current price of Qingdao Gon stands at 22.40, as last reported on the 8th of January, with the highest price reaching 22.53 and the lowest price hitting 21.48 during the day. At this point, Qingdao Gon is not too volatile. Qingdao Gon Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.0418, which implies the firm had a 0.0418% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Qingdao Gon Technology, which you can use to evaluate the volatility of the company. Please check Qingdao Gon's Semi Deviation of 2.09, coefficient of variation of 2390.07, and Risk Adjusted Performance of 0.0397 to confirm if the risk estimate we provide is consistent with the expected return of 0.084%.
Qingdao Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Qingdao |
Sharpe Ratio = 0.0418
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | 002768 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Qingdao Gon is performing at about 3% 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 Qingdao Gon by adding it to a well-diversified portfolio.
Qingdao Gon Valuation on January 7, 2025
It is possible to determine the worth of Qingdao Gon on a given historical date. On January 7, 2025 Qingdao was worth 21.94 at the beginning of the trading date compared to the closed value of 22.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qingdao Gon stock. Still, in general, we apply an absolute valuation method to find Qingdao Gon'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 Qingdao Gon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qingdao Gon's related companies.
| Open | High | Low | Close | Volume | |
| 21.83 | 22.29 | 21.57 | 22.00 | 2,504,121 | |
01/07/2025 | 21.94 | 22.20 | 21.85 | 22.18 | 1,843,075 |
| 22.10 | 22.53 | 21.48 | 22.40 | 3,449,195 |
| Backtest Qingdao Gon | | | Qingdao Gon History | | | Qingdao Gon Valuation | Previous | Next |
Qingdao Gon Trading Date Momentum on January 7, 2025
| On January 08 2025 Qingdao Gon Technology was traded for 22.40 at the closing time. The highest price during the trading period was 22.53 and the lowest recorded bid was listed for 21.48 . The volume for the day was 3.4 M. This history from January 8, 2025 contributed to the next trading day price jump. The daily price change to the next closing price was 0.99% . The trading delta at closing time to the current price is 0.36% . |
Qingdao Gon Technology Fundamentals Correlations and Trends
By evaluating Qingdao Gon'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 Qingdao Gon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Qingdao financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Qingdao Gon Stock history
Qingdao Gon 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 Qingdao is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qingdao Gon 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 Qingdao Gon stock prices may prove useful in developing a viable investing in Qingdao Gon
Qingdao Gon Stock Technical Analysis
Qingdao Gon 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
Qingdao Gon Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Qingdao Gon Technology 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.
Qingdao Gon January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Qingdao Gon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qingdao Gon shares will generate the highest return on investment. By undertsting and applying Qingdao Gon stock market strength indicators, traders can identify Qingdao Gon Technology entry and exit signals to maximize returns
Qingdao Gon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Qingdao Gon's price direction in advance. Along with the technical and fundamental analysis of Qingdao Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Qingdao 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 | 0.0397 | |||
| Jensen Alpha | 0.0739 | |||
| Total Risk Alpha | 0.0754 | |||
| Sortino Ratio | 0.0341 | |||
| Treynor Ratio | (1.19) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Qingdao Stock analysis
When running Qingdao Gon's price analysis, check to measure Qingdao Gon'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 Qingdao Gon is operating at the current time. Most of Qingdao Gon's value examination focuses on studying past and present price action to predict the probability of Qingdao Gon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qingdao Gon's price. Additionally, you may evaluate how the addition of Qingdao Gon to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |