Cofoe Medical (China) Price on September 15, 2023
| 301087 Stock | 36.61 0.13 0.36% |
If you're considering investing in Cofoe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cofoe Medical stands at 36.61, as last reported on the 29th of December, with the highest price reaching 36.98 and the lowest price hitting 36.34 during the day. Cofoe Medical Technology secures Sharpe Ratio (or Efficiency) of -0.0342, which signifies that the company had a -0.0342% return per unit of standard deviation over the last 3 months. Cofoe Medical Technology exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cofoe Medical's risk adjusted performance of 0.0963, and Mean Deviation of 2.06 to double-check the risk estimate we provide.
As of December 29, 2024, Total Stockholder Equity is expected to decline to about 3.6 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 206.3 M. Cofoe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cofoe |
Sharpe Ratio = -0.0342
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 301087 |
Estimated Market Risk
| 2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cofoe Medical 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 Cofoe Medical by adding Cofoe Medical to a well-diversified portfolio.
Price Book 1.6139 | Enterprise Value Ebitda 18.2582 | Price Sales 2.5701 | Shares Float 82.8 M | Dividend Share 1.8 |
Cofoe Medical Valuation on September 15, 2023
It is possible to determine the worth of Cofoe Medical on a given historical date. On September 15, 2023 Cofoe was worth 36.4 at the beginning of the trading date compared to the closed value of 36.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cofoe Medical stock. Still, in general, we apply an absolute valuation method to find Cofoe Medical'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 Cofoe Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cofoe Medical's related companies.
| Open | High | Low | Close | Volume | |
| 36.55 | 36.71 | 36.09 | 36.28 | 575,150 | |
09/15/2023 | 36.40 | 37.11 | 36.01 | 36.97 | 1,062,723 |
| 36.96 | 37.16 | 36.42 | 36.90 | 1,131,580 |
| Backtest Cofoe Medical | | | Cofoe Medical History | | | Cofoe Medical Valuation | Previous | Next |
Cofoe Medical Trading Date Momentum on September 15, 2023
| On September 18 2023 Cofoe Medical Technology was traded for 36.90 at the closing time. The highest price during the trading period was 37.16 and the lowest recorded bid was listed for 36.42 . The volume for the day was 1.1 M. This history from September 18, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.19% . The overall trading delta to the current price is 1.24% . |
Cofoe Medical Technology Fundamentals Correlations and Trends
By evaluating Cofoe Medical'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 Cofoe Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cofoe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cofoe Medical Stock history
Cofoe Medical 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 Cofoe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cofoe Medical 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 Cofoe Medical stock prices may prove useful in developing a viable investing in Cofoe Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 209.2 M | 206.3 M |
Cofoe Medical Quarterly Net Working Capital |
|
Cofoe Medical Stock Technical Analysis
Cofoe Medical 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
Cofoe Medical Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Cofoe Medical Technology 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.
Cofoe Medical December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Cofoe Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cofoe Medical shares will generate the highest return on investment. By undertsting and applying Cofoe Medical stock market strength indicators, traders can identify Cofoe Medical Technology entry and exit signals to maximize returns
Cofoe Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cofoe Medical's price direction in advance. Along with the technical and fundamental analysis of Cofoe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cofoe 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 | 0.0963 | |||
| Jensen Alpha | 0.3424 | |||
| Total Risk Alpha | 0.252 | |||
| Sortino Ratio | 0.121 | |||
| Treynor Ratio | (2.30) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Cofoe Stock analysis
When running Cofoe Medical's price analysis, check to measure Cofoe Medical'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 Cofoe Medical is operating at the current time. Most of Cofoe Medical's value examination focuses on studying past and present price action to predict the probability of Cofoe Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cofoe Medical's price. Additionally, you may evaluate how the addition of Cofoe Medical to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |