Hengerda New (China) Price on January 2, 2025

300946 Stock   24.72  0.37  1.47%   
If you're considering investing in Hengerda Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hengerda New stands at 24.72, as last reported on the 7th of January, with the highest price reaching 25.30 and the lowest price hitting 24.08 during the day. Hengerda New Materials holds Efficiency (Sharpe) Ratio of -0.0482, which attests that the entity had a -0.0482% return per unit of risk over the last 3 months. Hengerda New Materials exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hengerda New's Market Risk Adjusted Performance of 8.32, standard deviation of 2.6, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide.
  
Hengerda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0482

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Estimated Market Risk

 2.6
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.13
  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 Hengerda New 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 Hengerda New by adding Hengerda New to a well-diversified portfolio.

Hengerda New Valuation on January 2, 2025

It is possible to determine the worth of Hengerda New on a given historical date. On January 2, 2025 Hengerda was worth 27.21 at the beginning of the trading date compared to the closed value of 26.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hengerda New stock. Still, in general, we apply an absolute valuation method to find Hengerda New'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 Hengerda New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hengerda New's related companies.
 Open High Low Close Volume
  28.01    28.37    27.16    27.16    793,060  
01/02/2025
  27.21    27.50    26.10    26.41    1,104,100  
  26.39    26.66    25.01    25.09    1,144,981  
Backtest Hengerda New  |  Hengerda New History  |  Hengerda New Valuation   PreviousNext  
Open Value
27.21
26.41
Closing Value
35.02
Upside

Hengerda New Trading Date Momentum on January 2, 2025

On January 03 2025 Hengerda New Materials was traded for  25.09  at the closing time. The highest price during the trading period was 26.66  and the lowest recorded bid was listed for  25.01 . The volume for the day was 1.1 M. This history from January 3, 2025 contributed to the next trading day price decline. The daily price change to the next closing price was 5.00% . The trading delta at closing time to the current price is 5.26% .

Hengerda New Materials Fundamentals Correlations and Trends

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

About Hengerda New Stock history

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

Hengerda New Stock Technical Analysis

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

Hengerda New Period Price Range

Low
January 7, 2025
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High

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Hengerda New Materials 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.

Hengerda New January 7, 2025 Market Strength

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

Hengerda New Technical and Predictive Indicators

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

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