Zhejiang Huatong (China) Price on October 29, 2024
| 002840 Stock | 13.26 0.47 3.42% |
Below is the normalized historical share price chart for Zhejiang Huatong Meat extending back to January 10, 2017. 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 Huatong stands at 13.26, as last reported on the 19th of December, with the highest price reaching 13.58 and the lowest price hitting 13.11 during the day.
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. Zhejiang Huatong appears to be somewhat reliable, given 3 months investment horizon. Zhejiang Huatong Meat shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of risk over the last 3 months. By examining Zhejiang Huatong's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Zhejiang Huatong's Mean Deviation of 2.87, market risk adjusted performance of 0.6592, and Downside Deviation of 2.98 to validate if our risk estimates are consistent with your expectations.
At present, Zhejiang Huatong's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 1.5 B, whereas Total Stockholder Equity is forecasted to decline to about 1.3 B. . Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 15.9285 | 50 Day MA 12.4918 | Beta 0.467 |
Zhejiang |
Sharpe Ratio = 0.1408
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Estimated Market Risk
| 3.89 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Zhejiang Huatong is performing at about 11% 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 Huatong by adding it to a well-diversified portfolio.
Price Book 4.0658 | Enterprise Value Ebitda 38.3407 | Price Sales 0.9567 | Shares Float 273.1 M | Wall Street Target Price 14 |
Zhejiang Huatong Main Headline on 29th of October 2024
Is Zhejiang Huatong Meat Products Using Debt In A Risky Way ... by news.google.com
Is Zhejiang Huatong Meat Products Using Debt In A Risky Way Simply Wall St
Zhejiang Huatong Valuation on October 29, 2024
It is possible to determine the worth of Zhejiang Huatong on a given historical date. On October 29, 2024 Zhejiang was worth 11.91 at the beginning of the trading date compared to the closed value of 11.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Huatong stock. Still, in general, we apply an absolute valuation method to find Zhejiang Huatong'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 Huatong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Huatong's related companies.
| Open | High | Low | Close | Volume | |
| 11.53 | 11.87 | 11.53 | 11.86 | 21,386,649 | |
10/29/2024 | 11.91 | 12.00 | 11.16 | 11.18 | 29,702,839 |
| 11.23 | 11.38 | 10.98 | 11.27 | 17,249,802 |
| Backtest Zhejiang Huatong | | | Zhejiang Huatong History | | | Zhejiang Huatong Valuation | Previous | Next |
Zhejiang Huatong Trading Date Momentum on October 29, 2024
| On October 30 2024 Zhejiang Huatong Meat was traded for 11.27 at the closing time. The highest price during the trading period was 11.38 and the lowest recorded bid was listed for 10.98 . The volume for the day was 17.2 M. This history from October 30, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.81% . The trading date delta to the current price is 12.52% . |
Zhejiang Huatong Meat Fundamentals Correlations and Trends
By evaluating Zhejiang Huatong'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 Huatong'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 Huatong Stock history
Zhejiang Huatong 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 Huatong Meat 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 Huatong stock prices may prove useful in developing a viable investing in Zhejiang Huatong
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 614.6 M | 538.5 M | |
| Net Income Applicable To Common Shares | 79 M | 59.8 M |
Zhejiang Huatong Stock Technical Analysis
Zhejiang Huatong 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 Huatong Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Zhejiang Huatong Meat 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 Huatong December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Huatong 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 Huatong shares will generate the highest return on investment. By undertsting and applying Zhejiang Huatong stock market strength indicators, traders can identify Zhejiang Huatong Meat entry and exit signals to maximize returns
Zhejiang Huatong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Huatong'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 | 0.1002 | |||
| Jensen Alpha | 0.4128 | |||
| Total Risk Alpha | 0.3351 | |||
| Sortino Ratio | 0.1361 | |||
| Treynor Ratio | 0.6492 |
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| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Huatong's price analysis, check to measure Zhejiang Huatong'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 Huatong is operating at the current time. Most of Zhejiang Huatong's value examination focuses on studying past and present price action to predict the probability of Zhejiang Huatong'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 Huatong's price. Additionally, you may evaluate how the addition of Zhejiang Huatong to your portfolios can decrease your overall portfolio volatility.
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