Ningbo Homelink (China) Price on August 6, 2024
| 301193 Stock | 17.50 0.39 2.28% |
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ningbo Homelink stands at 17.50, as last reported on the 12th of December 2024, with the highest price reaching 17.55 and the lowest price hitting 17.01 during the day. Ningbo Homelink appears to be somewhat reliable, given 3 months investment horizon. Ningbo Homelink Eco has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Ningbo Homelink's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please exercise Ningbo Homelink's Risk Adjusted Performance of 0.1031, downside deviation of 2.92, and Mean Deviation of 2.21 to check out if our risk estimates are consistent with your expectations.
As of December 12, 2024, Total Stockholder Equity is expected to decline to about 1.2 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 178.2 M. Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ningbo |
Sharpe Ratio = 0.1582
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 301193 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.44 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Ningbo Homelink 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 Ningbo Homelink by adding it to a well-diversified portfolio.
Price Book 1.8959 | Enterprise Value Ebitda 50.9941 | Price Sales 1.5283 | Shares Float 44 M | Dividend Share 0.2 |
Ningbo Homelink Valuation on August 6, 2024
It is possible to determine the worth of Ningbo Homelink on a given historical date. On August 6, 2024 Ningbo was worth 14.06 at the beginning of the trading date compared to the closed value of 14.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ningbo Homelink stock. Still, in general, we apply an absolute valuation method to find Ningbo Homelink'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 Ningbo Homelink where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ningbo Homelink's related companies.
| Open | High | Low | Close | Volume | |
| 14.16 | 14.37 | 13.75 | 13.83 | 1,451,295 | |
08/06/2024 | 14.06 | 14.39 | 13.89 | 14.27 | 1,380,760 |
| 14.25 | 14.77 | 14.11 | 14.48 | 1,413,760 |
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Ningbo Homelink Trading Date Momentum on August 6, 2024
| On August 07 2024 Ningbo Homelink Eco iTech was traded for 14.48 at the closing time. The highest price during the trading period was 14.77 and the lowest recorded bid was listed for 14.11 . The volume for the day was 1.4 M. This history from August 7, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.47% . The trading delta at closing time to the current price is 1.40% . |
Ningbo Homelink Eco Fundamentals Correlations and Trends
By evaluating Ningbo Homelink'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 Ningbo Homelink's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ningbo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ningbo Homelink Stock history
Ningbo Homelink 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 Ningbo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ningbo Homelink Eco 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 Ningbo Homelink stock prices may prove useful in developing a viable investing in Ningbo Homelink
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 220.8 M | 178.2 M |
Ningbo Homelink Quarterly Net Working Capital |
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Ningbo Homelink Stock Technical Analysis
Ningbo Homelink 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
Ningbo Homelink Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Ningbo Homelink Eco iTech 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.
Ningbo Homelink December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Ningbo Homelink stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ningbo Homelink shares will generate the highest return on investment. By undertsting and applying Ningbo Homelink stock market strength indicators, traders can identify Ningbo Homelink Eco iTech entry and exit signals to maximize returns
Ningbo Homelink Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ningbo Homelink's price direction in advance. Along with the technical and fundamental analysis of Ningbo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ningbo 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 | 0.1031 | |||
| Jensen Alpha | 0.4182 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.1038 | |||
| Treynor Ratio | (58.78) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ningbo Stock analysis
When running Ningbo Homelink's price analysis, check to measure Ningbo Homelink'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 Ningbo Homelink is operating at the current time. Most of Ningbo Homelink's value examination focuses on studying past and present price action to predict the probability of Ningbo Homelink's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ningbo Homelink's price. Additionally, you may evaluate how the addition of Ningbo Homelink to your portfolios can decrease your overall portfolio volatility.
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