Hengerda New (China) Price on December 10, 2024
| 300946 Stock | 28.48 0.19 0.67% |
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 28.48, as last reported on the 19th of December, with the highest price reaching 28.85 and the lowest price hitting 27.52 during the day. Hengerda New appears to be not too volatile, given 3 months investment horizon. Hengerda New Materials holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. By evaluating Hengerda New's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Hengerda New's Downside Deviation of 3.52, risk adjusted performance of 0.1013, and Market Risk Adjusted Performance of (3.36) to validate if our risk estimates are consistent with your expectations.
As of December 19, 2024, Total Stockholder Equity is expected to decline to about 886.3 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 118.8 M. Hengerda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hengerda |
Sharpe Ratio = 0.1326
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300946 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.82 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Hengerda New is performing at about 10% 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 Hengerda New by adding it to a well-diversified portfolio.
Price Book 2.898 | Enterprise Value Ebitda 31.572 | Price Sales 5.9231 | Shares Float 31.4 M | Dividend Share 0.23 |
Hengerda New Valuation on December 10, 2024
It is possible to determine the worth of Hengerda New on a given historical date. On December 10, 2024 Hengerda was worth 30.8 at the beginning of the trading date compared to the closed value of 30.2. 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 | |
| 29.60 | 30.19 | 29.47 | 29.82 | 1,250,571 | |
12/10/2024 | 30.80 | 31.00 | 29.98 | 30.20 | 2,378,540 |
| 30.10 | 30.22 | 29.45 | 29.93 | 1,162,700 |
| Backtest Hengerda New | | | Hengerda New History | | | Hengerda New Valuation | Previous | Next |
Hengerda New Trading Date Momentum on December 10, 2024
| On December 11 2024 Hengerda New Materials was traded for 29.93 at the closing time. The highest price during the trading period was 30.22 and the lowest recorded bid was listed for 29.45 . The volume for the day was 1.2 M. This history from December 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.89% . The trading delta at closing time to the current price is 6.32% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 138 M | 118.8 M |
Hengerda New Quarterly Net Working Capital |
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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.
Price Boundaries
Hengerda New Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
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 December 19, 2024 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.
| Risk Adjusted Performance | 0.1013 | |||
| Jensen Alpha | 0.4202 | |||
| Total Risk Alpha | 0.3303 | |||
| Sortino Ratio | 0.1132 | |||
| Treynor Ratio | (3.37) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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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