Tongyu Communication (China) Price on December 19, 2024

002792 Stock   14.15  0.23  1.60%   
If you're considering investing in Tongyu Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tongyu Communication stands at 14.15, as last reported on the 28th of March, with the highest price reaching 14.44 and the lowest price hitting 14.08 during the day. Tongyu Communication owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0457, which indicates the firm had a -0.0457 % return per unit of risk over the last 3 months. Tongyu Communication exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tongyu Communication's Variance of 7.05, coefficient of variation of (2,190), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
Tongyu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0457

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Estimated Market Risk

 2.65
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tongyu Communication 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 Tongyu Communication by adding Tongyu Communication to a well-diversified portfolio.

Tongyu Communication Valuation on December 19, 2024

It is possible to determine the worth of Tongyu Communication on a given historical date. On December 19, 2024 Tongyu was worth 15.08 at the beginning of the trading date compared to the closed value of 15.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tongyu Communication stock. Still, in general, we apply an absolute valuation method to find Tongyu Communication'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 Tongyu Communication where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tongyu Communication's related companies.
 Open High Low Close Volume
  15.29    15.41    14.90    15.30    11,906,620  
12/19/2024
  15.08    15.50    15.04    15.40    14,317,020  
  15.30    15.93    15.13    15.65    16,395,760  
Backtest Tongyu Communication  |  Tongyu Communication History  |  Tongyu Communication Valuation   PreviousNext  
Open Value
15.08
15.4
Closing Value
23.04
Upside

Tongyu Communication Trading Date Momentum on December 19, 2024

On December 20 2024 Tongyu Communication was traded for  15.65  at the closing time. The highest price during the trading period was 15.93  and the lowest recorded bid was listed for  15.13 . The volume for the day was 16.4 M. This history from December 20, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.62% . The trading price change to the current price is 2.60% .

Tongyu Communication Fundamentals Correlations and Trends

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

About Tongyu Communication Stock history

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

Tongyu Communication Stock Technical Analysis

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

Tongyu Communication Period Price Range

Low
March 28, 2025
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High

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Tongyu Communication 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.

Tongyu Communication March 28, 2025 Market Strength

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

Tongyu Communication Technical and Predictive Indicators

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

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