Dongguan Aohai (China) Price on November 22, 2024
| 002993 Stock | 37.06 1.55 4.36% |
Below is the normalized historical share price chart for Dongguan Aohai Technology extending back to August 17, 2020. 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 Dongguan Aohai stands at 37.06, as last reported on the 11th of December 2024, with the highest price reaching 38.23 and the lowest price hitting 36.02 during the day.
If you're considering investing in Dongguan Stock, it is important to understand the factors that can impact its price. Dongguan Aohai appears to be not too volatile, given 3 months investment horizon. Dongguan Aohai Technology secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the company had a 0.21% return per unit of risk over the last 3 months. By reviewing Dongguan Aohai's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please utilize Dongguan Aohai's Coefficient Of Variation of 604.24, mean deviation of 2.95, and Downside Deviation of 3.31 to check if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 5 B, whereas Other Stockholder Equity is forecasted to decline to (10.6 M). . Dongguan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 31.1369 | 50 Day MA 30.5988 | Beta 0.084 |
Dongguan |
Sharpe Ratio = 0.207
| Best Portfolio | Best Equity | |||
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| Small Returns | 002993 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.19 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Dongguan Aohai is performing at about 16% 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 Dongguan Aohai by adding it to a well-diversified portfolio.
Price Book 1.9597 | Enterprise Value Ebitda 15.0411 | Price Sales 1.6719 | Shares Float 94.6 M | Wall Street Target Price 41 |
Dongguan Aohai Valuation on November 22, 2024
It is possible to determine the worth of Dongguan Aohai on a given historical date. On November 22, 2024 Dongguan was worth 33.72 at the beginning of the trading date compared to the closed value of 34.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dongguan Aohai stock. Still, in general, we apply an absolute valuation method to find Dongguan Aohai'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 Dongguan Aohai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dongguan Aohai's related companies.
| Open | High | Low | Close | Volume | |
| 34.42 | 34.86 | 33.26 | 34.39 | 11,632,420 | |
11/22/2024 | 33.72 | 36.73 | 33.72 | 34.86 | 16,433,619 |
| 34.53 | 34.53 | 32.13 | 32.99 | 9,673,574 |
| Backtest Dongguan Aohai | | | Dongguan Aohai History | | | Dongguan Aohai Valuation | Previous | Next |
Dongguan Aohai Trading Date Momentum on November 22, 2024
| On November 25 2024 Dongguan Aohai Technology was traded for 32.99 at the closing time. The highest price during the trading period was 34.53 and the lowest recorded bid was listed for 32.13 . The volume for the day was 9.7 M. This history from November 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.36% . The overall trading delta to the current price is 0.55% . |
Dongguan Aohai Technology Fundamentals Correlations and Trends
By evaluating Dongguan Aohai'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 Dongguan Aohai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dongguan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dongguan Aohai Stock history
Dongguan Aohai 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 Dongguan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dongguan Aohai 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 Dongguan Aohai stock prices may prove useful in developing a viable investing in Dongguan Aohai
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 317.4 M | 243.7 M | |
| Net Income Applicable To Common Shares | 503.3 M | 260 M |
Dongguan Aohai Quarterly Net Working Capital |
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Dongguan Aohai Stock Technical Analysis
Dongguan Aohai 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
Dongguan Aohai Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Dongguan Aohai 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.
Dongguan Aohai December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Dongguan Aohai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dongguan Aohai shares will generate the highest return on investment. By undertsting and applying Dongguan Aohai stock market strength indicators, traders can identify Dongguan Aohai Technology entry and exit signals to maximize returns
Dongguan Aohai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dongguan Aohai's price direction in advance. Along with the technical and fundamental analysis of Dongguan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dongguan 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 | 0.1277 | |||
| Jensen Alpha | 0.6853 | |||
| Total Risk Alpha | 0.0183 | |||
| Sortino Ratio | 0.1624 | |||
| Treynor Ratio | (2.23) |
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| Volume Indicators |
Complementary Tools for Dongguan Stock analysis
When running Dongguan Aohai's price analysis, check to measure Dongguan Aohai'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 Dongguan Aohai is operating at the current time. Most of Dongguan Aohai's value examination focuses on studying past and present price action to predict the probability of Dongguan Aohai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dongguan Aohai's price. Additionally, you may evaluate how the addition of Dongguan Aohai to your portfolios can decrease your overall portfolio volatility.
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