Aba Chemicals (China) Price on November 22, 2024
| 300261 Stock | 7.98 0.09 1.14% |
Below is the normalized historical share price chart for Aba Chemicals Corp extending back to September 06, 2011. 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 Aba Chemicals stands at 7.98, as last reported on the 29th of November, with the highest price reaching 8.17 and the lowest price hitting 7.86 during the day.
If you're considering investing in Aba Stock, it is important to understand the factors that can impact its price. Aba Chemicals appears to be relatively risky, given 3 months investment horizon. Aba Chemicals Corp secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of standard deviation over the last 3 months. By analyzing Aba Chemicals' technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please makes use of Aba Chemicals' risk adjusted performance of 0.1105, and Mean Deviation of 3.36 to double-check if our risk estimates are consistent with your expectations.
The current year's Common Stock is expected to grow to about 1.2 B, whereas Total Stockholder Equity is forecasted to decline to about 1.3 B. . Aba Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of September 2011 | 200 Day MA 6.2306 | 50 Day MA 7.3512 | Beta 0.722 |
Aba |
Sharpe Ratio = 0.1511
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300261 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.67 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.86 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Aba Chemicals 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 Aba Chemicals by adding it to a well-diversified portfolio.
Price Book 3.4047 | Enterprise Value Ebitda 50.7059 | Price Sales 6.8831 | Shares Float 570 M | Dividend Share 0.05 |
Aba Chemicals Valuation on November 22, 2024
It is possible to determine the worth of Aba Chemicals on a given historical date. On November 22, 2024 Aba was worth 8.18 at the beginning of the trading date compared to the closed value of 7.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aba Chemicals stock. Still, in general, we apply an absolute valuation method to find Aba Chemicals' 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 Aba Chemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aba Chemicals' related companies.
| Open | High | Low | Close | Volume | |
| 8.17 | 8.29 | 8.06 | 8.18 | 27,058,700 | |
11/22/2024 | 8.18 | 8.18 | 7.73 | 7.74 | 25,761,085 |
| 7.73 | 7.93 | 7.62 | 7.91 | 19,589,592 |
| Backtest Aba Chemicals | | | Aba Chemicals History | | | Aba Chemicals Valuation | Previous | Next |
Aba Chemicals Trading Date Momentum on November 22, 2024
| On November 25 2024 Aba Chemicals Corp was traded for 7.91 at the closing time. The highest price during the trading period was 7.93 and the lowest recorded bid was listed for 7.62 . The volume for the day was 19.6 M. This history from November 25, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.20% . The overall trading delta to the current price is 1.68% . |
Aba Chemicals Corp Fundamentals Correlations and Trends
By evaluating Aba Chemicals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Aba Chemicals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aba financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aba Chemicals Stock history
Aba Chemicals 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 Aba is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aba Chemicals Corp 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 Aba Chemicals stock prices may prove useful in developing a viable investing in Aba Chemicals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 867 M | 770.6 M | |
| Net Income Applicable To Common Shares | 230.8 M | 242.4 M |
Aba Chemicals Quarterly Net Working Capital |
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Aba Chemicals Stock Technical Analysis
Aba Chemicals 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
Aba Chemicals Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Aba Chemicals Corp 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.
Aba Chemicals November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Aba Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aba Chemicals shares will generate the highest return on investment. By undertsting and applying Aba Chemicals stock market strength indicators, traders can identify Aba Chemicals Corp entry and exit signals to maximize returns
Aba Chemicals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aba Chemicals' price direction in advance. Along with the technical and fundamental analysis of Aba Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aba 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 | 0.1105 | |||
| Jensen Alpha | 0.7878 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.1263 | |||
| Treynor Ratio | (0.91) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Aba Stock analysis
When running Aba Chemicals' price analysis, check to measure Aba Chemicals' 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 Aba Chemicals is operating at the current time. Most of Aba Chemicals' value examination focuses on studying past and present price action to predict the probability of Aba Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aba Chemicals' price. Additionally, you may evaluate how the addition of Aba Chemicals to your portfolios can decrease your overall portfolio volatility.
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