Longshine Technology (China) Price on September 2, 2024
| 300682 Stock | 11.53 0.67 5.49% |
Below is the normalized historical share price chart for Longshine Technology Co extending back to August 01, 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 Longshine Technology stands at 11.53, as last reported on the 3rd of January, with the highest price reaching 12.30 and the lowest price hitting 11.40 during the day.
If you're considering investing in Longshine Stock, it is important to understand the factors that can impact its price. Longshine Technology has Sharpe Ratio of -0.0536, which conveys that the firm had a -0.0536% return per unit of risk over the last 3 months. Longshine Technology exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Longshine Technology's Risk Adjusted Performance of 0.0833, downside deviation of 4.59, and Mean Deviation of 3.47 to check out the risk estimate we provide.
As of January 3, 2025, Total Stockholder Equity is expected to decline to about 4.7 B. In addition to that, Common Stock is expected to decline to about 787.9 M. Longshine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 10.6445 | 50 Day MA 13.1664 | Beta 0.372 |
Longshine |
Sharpe Ratio = -0.0536
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 300682 |
Estimated Market Risk
| 4.31 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Longshine Technology 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 Longshine Technology by adding Longshine Technology to a well-diversified portfolio.
Price Book 1.7684 | Enterprise Value Ebitda 29.0248 | Price Sales 2.6497 | Shares Float 522.5 M | Dividend Share 0.28 |
Longshine Technology Valuation on September 2, 2024
It is possible to determine the worth of Longshine Technology on a given historical date. On September 2, 2024 Longshine was worth 8.39 at the beginning of the trading date compared to the closed value of 8.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Longshine Technology stock. Still, in general, we apply an absolute valuation method to find Longshine Technology'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 Longshine Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Longshine Technology's related companies.
| Open | High | Low | Close | Volume | |
| 8.41 | 8.60 | 8.31 | 8.42 | 24,348,518 | |
09/02/2024 | 8.39 | 8.52 | 8.28 | 8.32 | 14,480,457 |
| 8.30 | 8.42 | 8.25 | 8.41 | 11,084,389 |
| Backtest Longshine Technology | | | Longshine Technology History | | | Longshine Technology Valuation | Previous | Next |
Longshine Technology Trading Date Momentum on September 2, 2024
| On September 03 2024 Longshine Technology Co was traded for 8.41 at the closing time. The highest price during the trading period was 8.42 and the lowest recorded bid was listed for 8.25 . The volume for the day was 11.1 M. This history from September 3, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.08% . The trading delta at closing time to the current price is 8.17% . |
Longshine Technology Fundamentals Correlations and Trends
By evaluating Longshine Technology'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 Longshine Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Longshine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Longshine Technology Stock history
Longshine Technology 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 Longshine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Longshine Technology 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 Longshine Technology stock prices may prove useful in developing a viable investing in Longshine Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1 B | |
| Net Income Applicable To Common Shares | 591.4 M | 555.8 M |
Longshine Technology Quarterly Net Working Capital |
|
Longshine Technology Stock Technical Analysis
Longshine Technology 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
Longshine Technology Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
Longshine Technology Co 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.
Longshine Technology January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Longshine Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Longshine Technology shares will generate the highest return on investment. By undertsting and applying Longshine Technology stock market strength indicators, traders can identify Longshine Technology Co entry and exit signals to maximize returns
Longshine Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Longshine Technology's price direction in advance. Along with the technical and fundamental analysis of Longshine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Longshine 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 | 0.0833 | |||
| Jensen Alpha | 0.4846 | |||
| Total Risk Alpha | 0.4745 | |||
| Sortino Ratio | 0.1054 | |||
| Treynor Ratio | 1.36 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Longshine Stock analysis
When running Longshine Technology's price analysis, check to measure Longshine Technology'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 Longshine Technology is operating at the current time. Most of Longshine Technology's value examination focuses on studying past and present price action to predict the probability of Longshine Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Longshine Technology's price. Additionally, you may evaluate how the addition of Longshine Technology to your portfolios can decrease your overall portfolio volatility.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |