Hangzhou Zhongya (China) Price on April 10, 2023

300512 Stock   6.36  0.30  4.50%   
If you're considering investing in Hangzhou Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hangzhou Zhongya stands at 6.36, as last reported on the 4th of January, with the highest price reaching 6.72 and the lowest price hitting 6.29 during the day. Hangzhou Zhongya Mac holds Efficiency (Sharpe) Ratio of -0.0914, which attests that the entity had a -0.0914% return per unit of risk over the last 3 months. Hangzhou Zhongya Mac exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hangzhou Zhongya's Risk Adjusted Performance of (0.07), market risk adjusted performance of (1.32), and Standard Deviation of 3.16 to validate the risk estimate we provide.
  
Hangzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0914

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Estimated Market Risk

 3.16
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hangzhou Zhongya 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 Hangzhou Zhongya by adding Hangzhou Zhongya to a well-diversified portfolio.

Hangzhou Zhongya Valuation on April 10, 2023

It is possible to determine the worth of Hangzhou Zhongya on a given historical date. On April 10, 2023 Hangzhou was worth 8.02 at the beginning of the trading date compared to the closed value of 7.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hangzhou Zhongya stock. Still, in general, we apply an absolute valuation method to find Hangzhou Zhongya'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 Hangzhou Zhongya where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hangzhou Zhongya's related companies.
 Open High Low Close Volume
  7.80    8.02    7.80    8.01    2,927,800  
04/10/2023
  8.02    8.05    7.84    7.90    3,164,400  
  7.90    7.92    7.78    7.85    2,274,500  
Backtest Hangzhou Zhongya  |  Hangzhou Zhongya History  |  Hangzhou Zhongya Valuation   PreviousNext  
Open Value
8.02
7.9
Closing Value
17.50
Upside

Hangzhou Zhongya Trading Date Momentum on April 10, 2023

On April 11 2023 Hangzhou Zhongya Machinery was traded for  7.85  at the closing time. The highest price during the trading period was 7.92  and the lowest recorded bid was listed for  7.78 . The volume for the day was 2.3 M. This history from April 11, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.63% . The trading delta at closing time to the current price is 4.81% .

Hangzhou Zhongya Mac Fundamentals Correlations and Trends

By evaluating Hangzhou Zhongya'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 Hangzhou Zhongya's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hangzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hangzhou Zhongya Stock history

Hangzhou Zhongya 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 Hangzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hangzhou Zhongya Mac 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 Hangzhou Zhongya stock prices may prove useful in developing a viable investing in Hangzhou Zhongya

Hangzhou Zhongya Stock Technical Analysis

Hangzhou Zhongya 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.
A focus of Hangzhou Zhongya technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hangzhou Zhongya trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hangzhou Zhongya Period Price Range

Low
January 4, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Hangzhou Zhongya Machinery 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.

Hangzhou Zhongya January 4, 2025 Market Strength

Market strength indicators help investors to evaluate how Hangzhou Zhongya stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hangzhou Zhongya shares will generate the highest return on investment. By undertsting and applying Hangzhou Zhongya stock market strength indicators, traders can identify Hangzhou Zhongya Machinery entry and exit signals to maximize returns

Hangzhou Zhongya Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hangzhou Zhongya's price direction in advance. Along with the technical and fundamental analysis of Hangzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hangzhou 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.

Complementary Tools for Hangzhou Stock analysis

When running Hangzhou Zhongya's price analysis, check to measure Hangzhou Zhongya'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 Hangzhou Zhongya is operating at the current time. Most of Hangzhou Zhongya's value examination focuses on studying past and present price action to predict the probability of Hangzhou Zhongya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hangzhou Zhongya's price. Additionally, you may evaluate how the addition of Hangzhou Zhongya to your portfolios can decrease your overall portfolio volatility.
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