Risuntek Inc (China) Price on October 30, 2024
| 002981 Stock | 24.50 0.03 0.12% |
If you're considering investing in Risuntek Inc Stock, it is important to understand the factors that can impact its price. As of today, the current price of Risuntek Inc stands at 24.50, as last reported on the 26th of February, with the highest price reaching 24.65 and the lowest price hitting 24.24 during the day. At this point, Risuntek Inc is not too volatile. Risuntek Inc maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Risuntek Inc, which you can use to evaluate the volatility of the company. Please check Risuntek Inc's Coefficient Of Variation of 27090.97, semi deviation of 3.1, and Risk Adjusted Performance of 0.0101 to confirm if the risk estimate we provide is consistent with the expected return of 0.0102%.
Risuntek Inc Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Risuntek Inc |
Sharpe Ratio = 0.0037
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| Negative Returns | 002981 |
Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Risuntek Inc 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 Risuntek Inc by adding Risuntek Inc to a well-diversified portfolio.
Risuntek Inc Valuation on October 30, 2024
It is possible to determine the worth of Risuntek Inc on a given historical date. On October 30, 2024 Risuntek Inc was worth 21.88 at the beginning of the trading date compared to the closed value of 22.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Risuntek Inc stock. Still, in general, we apply an absolute valuation method to find Risuntek Inc'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 Risuntek Inc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Risuntek Inc's related companies.
| Open | High | Low | Close | Volume | |
| 22.81 | 22.89 | 22.12 | 22.15 | 4,586,139 | |
10/30/2024 | 21.88 | 22.53 | 21.80 | 22.06 | 3,393,607 |
| 22.06 | 22.17 | 21.33 | 21.66 | 4,319,594 |
| Backtest Risuntek Inc | | | Risuntek Inc History | | | Risuntek Inc Valuation | Previous | Next |
Risuntek Inc Trading Date Momentum on October 30, 2024
| On October 31 2024 Risuntek was traded for 21.66 at the closing time. The highest price during the trading period was 22.17 and the lowest recorded bid was listed for 21.33 . The volume for the day was 4.3 M. This history from October 31, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.81% . The trading delta at closing time to the current price is 13.33% . |
Risuntek Inc Fundamentals Correlations and Trends
By evaluating Risuntek Inc'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 Risuntek Inc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Risuntek Inc financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Risuntek Inc Stock history
Risuntek Inc 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 Risuntek Inc is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Risuntek Inc 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 Risuntek Inc stock prices may prove useful in developing a viable investing in Risuntek Inc
Risuntek Inc Stock Technical Analysis
Risuntek Inc 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
Risuntek Inc Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Risuntek 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.
Risuntek Inc February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Risuntek Inc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Risuntek Inc shares will generate the highest return on investment. By undertsting and applying Risuntek Inc stock market strength indicators, traders can identify Risuntek entry and exit signals to maximize returns
Risuntek Inc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Risuntek Inc's price direction in advance. Along with the technical and fundamental analysis of Risuntek Inc Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Risuntek Inc 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 | 0.0101 | |||
| Jensen Alpha | 8.0E-4 | |||
| Total Risk Alpha | 0.0246 | |||
| Sortino Ratio | 0.0021 | |||
| Treynor Ratio | 0.0029 |
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Complementary Tools for Risuntek Inc Stock analysis
When running Risuntek Inc's price analysis, check to measure Risuntek Inc'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 Risuntek Inc is operating at the current time. Most of Risuntek Inc's value examination focuses on studying past and present price action to predict the probability of Risuntek Inc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Risuntek Inc's price. Additionally, you may evaluate how the addition of Risuntek Inc to your portfolios can decrease your overall portfolio volatility.
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