Qingdao Choho (China) Price on November 29, 2024
| 003033 Stock | 36.48 3.32 10.01% |
If you're considering investing in Qingdao Stock, it is important to understand the factors that can impact its price. As of today, the current price of Qingdao Choho stands at 36.48, as last reported on the 2nd of March, with the highest price reaching 36.48 and the lowest price hitting 31.71 during the day. Qingdao Choho appears to be very steady, given 3 months investment horizon. Qingdao Choho Industrial maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14 % return per unit of risk over the last 3 months. By analyzing Qingdao Choho's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please evaluate Qingdao Choho's Coefficient Of Variation of 674.61, semi deviation of 2.36, and Risk Adjusted Performance of 0.117 to confirm if our risk estimates are consistent with your expectations.
At present, Qingdao Choho's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 2.1 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 72.3 M. . Qingdao Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Qingdao |
Sharpe Ratio = 0.1431
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.51 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Qingdao Choho 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 Qingdao Choho by adding it to a well-diversified portfolio.
Price Book 2.4451 | Enterprise Value Ebitda 22.4483 | Price Sales 1.6265 | Shares Float 23.4 M | Dividend Share 0.5 |
Qingdao Choho Valuation on November 29, 2024
It is possible to determine the worth of Qingdao Choho on a given historical date. On November 29, 2024 Qingdao was worth 27.82 at the beginning of the trading date compared to the closed value of 27.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qingdao Choho stock. Still, in general, we apply an absolute valuation method to find Qingdao Choho'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 Qingdao Choho where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qingdao Choho's related companies.
| Open | High | Low | Close | Volume | |
| 27.02 | 28.52 | 26.83 | 28.15 | 2,581,386 | |
11/29/2024 | 27.82 | 27.82 | 26.90 | 27.60 | 2,999,200 |
| 27.89 | 28.18 | 27.70 | 28.09 | 1,428,186 |
| Backtest Qingdao Choho | | | Qingdao Choho History | | | Qingdao Choho Valuation | Previous | Next |
Qingdao Choho Trading Date Momentum on November 29, 2024
| On December 02 2024 Qingdao Choho Industrial was traded for 28.09 at the closing time. The highest price during the trading period was 28.18 and the lowest recorded bid was listed for 27.70 . The volume for the day was 1.4 M. This history from December 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.78% . The trading delta at closing time to the current price is 6.38% . |
Qingdao Choho Industrial Fundamentals Correlations and Trends
By evaluating Qingdao Choho'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 Qingdao Choho's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Qingdao financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Qingdao Choho Stock history
Qingdao Choho 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 Qingdao is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qingdao Choho Industrial 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 Qingdao Choho stock prices may prove useful in developing a viable investing in Qingdao Choho
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 94 M | 72.3 M | |
| Net Income Applicable To Common Shares | 195.4 M | 123.6 M |
Qingdao Choho Quarterly Net Working Capital |
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Qingdao Choho Stock Technical Analysis
Qingdao Choho 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
Qingdao Choho Period Price Range
Low | March 2, 2025
| High |
0.00 | 0.00 |
Qingdao Choho Industrial 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.
Qingdao Choho March 2, 2025 Market Strength
Market strength indicators help investors to evaluate how Qingdao Choho stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qingdao Choho shares will generate the highest return on investment. By undertsting and applying Qingdao Choho stock market strength indicators, traders can identify Qingdao Choho Industrial entry and exit signals to maximize returns
Qingdao Choho Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Qingdao Choho's price direction in advance. Along with the technical and fundamental analysis of Qingdao Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Qingdao 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 | 0.117 | |||
| Jensen Alpha | 0.5174 | |||
| Total Risk Alpha | 0.6081 | |||
| Sortino Ratio | 0.1933 | |||
| Treynor Ratio | 0.6805 |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Qingdao Stock analysis
When running Qingdao Choho's price analysis, check to measure Qingdao Choho'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 Qingdao Choho is operating at the current time. Most of Qingdao Choho's value examination focuses on studying past and present price action to predict the probability of Qingdao Choho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qingdao Choho's price. Additionally, you may evaluate how the addition of Qingdao Choho to your portfolios can decrease your overall portfolio volatility.
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