Hangzhou Guotai (China) Price on March 8, 2024
301203 Stock | 29.42 0.06 0.20% |
If you're considering investing in Hangzhou Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hangzhou Guotai stands at 29.42, as last reported on the 29th of December, with the highest price reaching 29.71 and the lowest price hitting 29.30 during the day. Hangzhou Guotai Envi holds Efficiency (Sharpe) Ratio of -0.0042, which attests that the entity had a -0.0042% return per unit of risk over the last 3 months. Hangzhou Guotai Envi exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hangzhou Guotai's Risk Adjusted Performance of 0.1037, downside deviation of 2.98, and Market Risk Adjusted Performance of 0.8485 to validate the risk estimate we provide.
Hangzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hangzhou |
Sharpe Ratio = -0.0042
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Negative Returns | 301203 |
Estimated Market Risk
2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hangzhou Guotai 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 Hangzhou Guotai by adding Hangzhou Guotai to a well-diversified portfolio.
Price Book 1.6616 | Enterprise Value Ebitda 9.1141 | Price Sales 7.4951 | Shares Float 26.7 M | Dividend Share 1.5 |
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Hangzhou Guotai Valuation on March 8, 2024
It is possible to determine the worth of Hangzhou Guotai on a given historical date. On March 8, 2024 Hangzhou was worth 29.02 at the beginning of the trading date compared to the closed value of 29.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hangzhou Guotai stock. Still, in general, we apply an absolute valuation method to find Hangzhou Guotai'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 Hangzhou Guotai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hangzhou Guotai's related companies.
Open | High | Low | Close | Volume | |
29.56 | 30.09 | 29.08 | 29.15 | 704,900 | |
03/08/2024 | 29.02 | 29.54 | 28.75 | 29.23 | 510,997 |
29.09 | 29.82 | 29.09 | 29.82 | 582,752 |
Backtest Hangzhou Guotai | | | Hangzhou Guotai History | | | Hangzhou Guotai Valuation | Previous | Next |
Hangzhou Guotai Trading Date Momentum on March 8, 2024
On March 11 2024 Hangzhou Guotai Environmental was traded for 29.82 at the closing time. The highest price during the trading period was 29.82 and the lowest recorded bid was listed for 29.09 . The volume for the day was 582.8 K. This history from March 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.02% . The trading delta at closing time to the current price is 6.26% . |
Hangzhou Guotai Envi Fundamentals Correlations and Trends
By evaluating Hangzhou Guotai'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 Hangzhou Guotai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hangzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hangzhou Guotai Stock history
Hangzhou Guotai 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 Hangzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hangzhou Guotai Envi 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 Hangzhou Guotai stock prices may prove useful in developing a viable investing in Hangzhou Guotai
Hangzhou Guotai Stock Technical Analysis
Hangzhou Guotai 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
Hangzhou Guotai Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Hangzhou Guotai Environmental 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.
Hangzhou Guotai December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Hangzhou Guotai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hangzhou Guotai shares will generate the highest return on investment. By undertsting and applying Hangzhou Guotai stock market strength indicators, traders can identify Hangzhou Guotai Environmental entry and exit signals to maximize returns
Hangzhou Guotai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hangzhou Guotai's price direction in advance. Along with the technical and fundamental analysis of Hangzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hangzhou 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 | 0.1037 | |||
Jensen Alpha | 0.3332 | |||
Total Risk Alpha | 0.2612 | |||
Sortino Ratio | 0.1074 | |||
Treynor Ratio | 0.8385 |
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Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Hangzhou Stock analysis
When running Hangzhou Guotai's price analysis, check to measure Hangzhou Guotai'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 Hangzhou Guotai is operating at the current time. Most of Hangzhou Guotai's value examination focuses on studying past and present price action to predict the probability of Hangzhou Guotai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hangzhou Guotai's price. Additionally, you may evaluate how the addition of Hangzhou Guotai to your portfolios can decrease your overall portfolio volatility.
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