Tongxing Environmental (China) Price on September 6, 2024
| 003027 Stock | 15.15 0.21 1.37% |
Below is the normalized historical share price chart for Tongxing Environmental Protection extending back to December 18, 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 Tongxing Environmental stands at 15.15, as last reported on the 1st of March, with the highest price reaching 15.45 and the lowest price hitting 15.12 during the day.
If you're considering investing in Tongxing Stock, it is important to understand the factors that can impact its price. Tongxing Environmental owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0301, which indicates the firm had a -0.0301 % return per unit of risk over the last 3 months. Tongxing Environmental Protection exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tongxing Environmental's Risk Adjusted Performance of 0.0072, coefficient of variation of (121,859), and Variance of 10.97 to confirm the risk estimate we provide.
At present, Tongxing Environmental'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 1.1 B, whereas Total Stockholder Equity is forecasted to decline to about 1.1 B. . Tongxing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 13.8267 | 50 Day MA 14.9024 | Beta 1.156 |
Tongxing |
Sharpe Ratio = -0.0301
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 003027 |
Estimated Market Risk
| 2.76 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tongxing Environmental 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 Tongxing Environmental by adding Tongxing Environmental to a well-diversified portfolio.
Price Book 1.1769 | Enterprise Value Ebitda 89.4066 | Price Sales 3.0584 | Shares Float 66.2 M | Dividend Share 0.06 |
Tongxing Environmental Valuation on September 6, 2024
It is possible to determine the worth of Tongxing Environmental on a given historical date. On September 6, 2024 Tongxing was worth 12.34 at the beginning of the trading date compared to the closed value of 12.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tongxing Environmental stock. Still, in general, we apply an absolute valuation method to find Tongxing Environmental'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 Tongxing Environmental where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tongxing Environmental's related companies.
| Open | High | Low | Close | Volume | |
| 12.24 | 12.33 | 12.19 | 12.33 | 1,052,000 | |
09/06/2024 | 12.34 | 12.34 | 12.00 | 12.06 | 1,431,800 |
| 12.07 | 12.24 | 11.95 | 12.14 | 1,122,450 |
| Backtest Tongxing Environmental | | | Tongxing Environmental History | | | Tongxing Environmental Valuation | Previous | Next |
Tongxing Environmental Trading Date Momentum on September 6, 2024
| On September 09 2024 Tongxing Environmental Protection was traded for 12.14 at the closing time. The highest price during the trading period was 12.24 and the lowest recorded bid was listed for 11.95 . The volume for the day was 1.1 M. This history from September 9, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.66% . The trading price change to the current price is 0.33% . |
Tongxing Environmental Fundamentals Correlations and Trends
By evaluating Tongxing Environmental'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 Tongxing Environmental's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tongxing financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tongxing Environmental Stock history
Tongxing Environmental 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 Tongxing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tongxing Environmental 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 Tongxing Environmental stock prices may prove useful in developing a viable investing in Tongxing Environmental
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 152.3 M | 122.8 M | |
| Net Income Applicable To Common Shares | 107.9 M | 121.3 M |
Tongxing Environmental Quarterly Net Working Capital |
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Tongxing Environmental Stock Technical Analysis
Tongxing Environmental 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
Tongxing Environmental Period Price Range
Low | March 1, 2025
| High |
0.00 | 0.00 |
Tongxing Environmental Protection 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.
Tongxing Environmental March 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Tongxing Environmental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tongxing Environmental shares will generate the highest return on investment. By undertsting and applying Tongxing Environmental stock market strength indicators, traders can identify Tongxing Environmental Protection entry and exit signals to maximize returns
Tongxing Environmental Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tongxing Environmental's price direction in advance. Along with the technical and fundamental analysis of Tongxing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tongxing 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 | 0.0072 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.0907 | |||
| Treynor Ratio | (0.08) |
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Complementary Tools for Tongxing Stock analysis
When running Tongxing Environmental's price analysis, check to measure Tongxing Environmental'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 Tongxing Environmental is operating at the current time. Most of Tongxing Environmental's value examination focuses on studying past and present price action to predict the probability of Tongxing Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tongxing Environmental's price. Additionally, you may evaluate how the addition of Tongxing Environmental to your portfolios can decrease your overall portfolio volatility.
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