Xiamen East (China) Price on August 29, 2024
| 301028 Stock | 11.57 0.22 1.94% |
If you're considering investing in Xiamen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xiamen East stands at 11.57, as last reported on the 4th of December, with the highest price reaching 11.88 and the lowest price hitting 11.23 during the day. Xiamen East appears to be somewhat reliable, given 3 months investment horizon. Xiamen East Asia shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. By examining Xiamen East's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Xiamen East's Mean Deviation of 2.29, downside deviation of 3.06, and Market Risk Adjusted Performance of (1.56) to validate if our risk estimates are consistent with your expectations.
As of December 4, 2024, Total Stockholder Equity is expected to decline to about 1 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 375 M. Xiamen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Xiamen |
Sharpe Ratio = 0.1544
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| Small Returns | 301028 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.45 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Xiamen East is performing at about 12% 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 East by adding it to a well-diversified portfolio.
Price Book 3.0656 | Enterprise Value Ebitda 16.6024 | Price Sales 3.962 | Shares Float 103.1 M | Dividend Share 0.2 |
Xiamen East Valuation on August 29, 2024
It is possible to determine the worth of Xiamen East on a given historical date. On August 29, 2024 Xiamen was worth 8.38 at the beginning of the trading date compared to the closed value of 8.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xiamen East stock. Still, in general, we apply an absolute valuation method to find Xiamen East'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 East where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xiamen East's related companies.
| Open | High | Low | Close | Volume | |
| 8.35 | 9.08 | 8.30 | 8.57 | 11,684,180 | |
08/29/2024 | 8.38 | 9.01 | 8.36 | 8.73 | 12,222,530 |
| 8.71 | 8.80 | 8.55 | 8.71 | 9,788,152 |
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Xiamen East Trading Date Momentum on August 29, 2024
| On August 30 2024 Xiamen East Asia was traded for 8.71 at the closing time. The highest price during the trading period was 8.80 and the lowest recorded bid was listed for 8.55 . The volume for the day was 9.8 M. This history from August 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.23% . The trading price change to the current price is 2.41% . |
Xiamen East Asia Fundamentals Correlations and Trends
By evaluating Xiamen East'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 East'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 East Stock history
Xiamen East 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 East Asia 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 East stock prices may prove useful in developing a viable investing in Xiamen East
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 435.7 M | 375 M |
Xiamen East Quarterly Net Working Capital |
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Xiamen East Stock Technical Analysis
Xiamen East 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
Xiamen East Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Xiamen East Asia 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 East December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Xiamen East 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 East shares will generate the highest return on investment. By undertsting and applying Xiamen East stock market strength indicators, traders can identify Xiamen East Asia entry and exit signals to maximize returns
Xiamen East Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xiamen East'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.
| Risk Adjusted Performance | 0.1486 | |||
| Jensen Alpha | 0.659 | |||
| Total Risk Alpha | 0.1574 | |||
| Sortino Ratio | 0.1683 | |||
| Treynor Ratio | (1.57) |
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| Volume Indicators |
Complementary Tools for Xiamen Stock analysis
When running Xiamen East's price analysis, check to measure Xiamen East'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 East is operating at the current time. Most of Xiamen East's value examination focuses on studying past and present price action to predict the probability of Xiamen East'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 East's price. Additionally, you may evaluate how the addition of Xiamen East to your portfolios can decrease your overall portfolio volatility.
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