XiaMen HongXin (China) Price on October 30, 2024

300657 Stock   20.72  1.40  6.33%   
Below is the normalized historical share price chart for XiaMen HongXin Electron tech extending back to May 23, 2017. 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 XiaMen HongXin stands at 20.72, as last reported on the 6th of January, with the highest price reaching 22.33 and the lowest price hitting 20.50 during the day.
200 Day MA
17.1527
50 Day MA
21.1674
Beta
0.677
 
Covid
If you're considering investing in XiaMen Stock, it is important to understand the factors that can impact its price. XiaMen HongXin appears to be not too volatile, given 3 months investment horizon. XiaMen HongXin Electron shows Sharpe Ratio of 0.0442, which attests that the company had a 0.0442% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for XiaMen HongXin Electron, which you can use to evaluate the volatility of the company. Please utilize XiaMen HongXin's Downside Deviation of 4.37, mean deviation of 3.89, and Market Risk Adjusted Performance of 1.2 to validate if our risk estimates are consistent with your expectations.
  
The current year's Common Stock is expected to grow to about 589.8 M, whereas Total Stockholder Equity is forecasted to decline to about 1.3 B. . XiaMen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0442

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns300657
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 4.77
  actual daily
42
58% of assets are more volatile

Expected Return

 0.21
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average XiaMen HongXin is performing at about 3% 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 XiaMen HongXin by adding it to a well-diversified portfolio.
Price Book
7.6242
Enterprise Value Ebitda
676.714
Price Sales
1.7347
Shares Float
365.4 M
Wall Street Target Price
61.76

XiaMen HongXin Valuation on October 30, 2024

It is possible to determine the worth of XiaMen HongXin on a given historical date. On October 30, 2024 XiaMen was worth 17.99 at the beginning of the trading date compared to the closed value of 18.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XiaMen HongXin stock. Still, in general, we apply an absolute valuation method to find XiaMen HongXin'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 XiaMen HongXin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XiaMen HongXin's related companies.
 Open High Low Close Volume
  18.52    18.63    17.73    17.75    29,026,307  
10/30/2024
  17.99    18.96    17.89    18.62    47,860,755  
  19.15    19.15    18.05    18.26    44,079,374  
Backtest XiaMen HongXin  |  XiaMen HongXin History  |  XiaMen HongXin Valuation   PreviousNext  
Open Value
17.99
18.62
Closing Value
32.30
Upside

XiaMen HongXin Trading Date Momentum on October 30, 2024

On October 31 2024 XiaMen HongXin Electron tech was traded for  18.26  at the closing time. The highest price during the trading period was 19.15  and the lowest recorded bid was listed for  18.05 . The volume for the day was 44.1 M. This history from October 31, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.93% . The trading price change to the current price is 19.55% .

XiaMen HongXin Electron Fundamentals Correlations and Trends

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

About XiaMen HongXin Stock history

XiaMen HongXin 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 XiaMen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in XiaMen HongXin Electron 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 XiaMen HongXin stock prices may prove useful in developing a viable investing in XiaMen HongXin
Last ReportedProjected for Next Year
Common Stock Shares Outstanding561.7 M422.5 M
Net Loss-276.8 M-262.9 M

XiaMen HongXin Stock Technical Analysis

XiaMen HongXin 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 XiaMen HongXin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of XiaMen HongXin 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

XiaMen HongXin Period Price Range

Low
January 6, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

XiaMen HongXin Electron tech 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.

XiaMen HongXin January 6, 2025 Market Strength

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

XiaMen HongXin Technical and Predictive Indicators

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

When running XiaMen HongXin's price analysis, check to measure XiaMen HongXin'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 XiaMen HongXin is operating at the current time. Most of XiaMen HongXin's value examination focuses on studying past and present price action to predict the probability of XiaMen HongXin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XiaMen HongXin's price. Additionally, you may evaluate how the addition of XiaMen HongXin to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Fundamental Analysis
View fundamental data based on most recent published financial statements
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.