Beijing Wandong (China) Price on April 23, 2024

600055 Stock   15.60  0.10  0.64%   
Below is the normalized historical share price chart for Beijing Wandong Medical extending back to May 19, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Beijing Wandong stands at 15.60, as last reported on the 26th of December, with the highest price reaching 16.26 and the lowest price hitting 15.45 during the day.
IPO Date
24th of April 1997
200 Day MA
14.142
50 Day MA
16.0942
Beta
(0.06)
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Beijing Stock, it is important to understand the factors that can impact its price. Beijing Wandong appears to be not too volatile, given 3 months investment horizon. Beijing Wandong Medical secures Sharpe Ratio (or Efficiency) of 0.082, which signifies that the company had a 0.082% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Beijing Wandong Medical, which you can use to evaluate the volatility of the firm. Please makes use of Beijing Wandong's Mean Deviation of 2.41, downside deviation of 2.7, and Risk Adjusted Performance of 0.1252 to double-check if our risk estimates are consistent with your expectations.
  
At present, Beijing Wandong's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 848.9 M, whereas Other Stockholder Equity is forecasted to decline to (1.6 M). . Beijing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.082

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns600055
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.16
  actual daily
28
72% of assets are more volatile

Expected Return

 0.26
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Beijing Wandong is performing at about 6% 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 Beijing Wandong by adding it to a well-diversified portfolio.
Price Book
2.3141
Enterprise Value Ebitda
36.6301
Price Sales
7.7869
Shares Float
362.2 M
Wall Street Target Price
14.31

Related Headline

Shandong Ruifeng Headline on 23rd of April 2024

Optimistic Investors Push Shandong Ruifeng Chemical Co., Ltd. Shares Up 48 percent But Growth Is Lacking Simply Wall St

Beijing Wandong Valuation on April 23, 2024

It is possible to determine the worth of Beijing Wandong on a given historical date. On April 23, 2024 Beijing was worth 14.89 at the beginning of the trading date compared to the closed value of 15.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beijing Wandong stock. Still, in general, we apply an absolute valuation method to find Beijing Wandong'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 Beijing Wandong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beijing Wandong's related companies.
 Open High Low Close Volume
  14.43    14.90    14.32    14.73    4,618,471  
04/23/2024
  14.89    15.07    14.70    15.00    4,504,182  
  15.00    15.12    14.78    15.06    3,831,325  
Backtest Beijing Wandong  |  Beijing Wandong History  |  Beijing Wandong Valuation   PreviousNext  
Open Value
14.89
15.0
Closing Value
24.38
Upside

Beijing Wandong Trading Date Momentum on April 23, 2024

On April 24 2024 Beijing Wandong Medical was traded for  15.06  at the closing time. The highest price during the trading period was 15.12  and the lowest recorded bid was listed for  14.78 . The volume for the day was 3.8 M. This history from April 24, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.40% . The overall trading delta to the current price is 1.07% .

Beijing Wandong Medical Fundamentals Correlations and Trends

By evaluating Beijing Wandong'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 Beijing Wandong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Beijing financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Beijing Wandong Stock history

Beijing Wandong 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 Beijing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beijing Wandong Medical 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 Beijing Wandong stock prices may prove useful in developing a viable investing in Beijing Wandong
Last ReportedProjected for Next Year
Common Stock Shares Outstanding808.5 M645.9 M
Net Income Applicable To Common Shares201.7 M211.8 M

Beijing Wandong Quarterly Net Working Capital

3.96 Billion

Beijing Wandong Stock Technical Analysis

Beijing Wandong 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.
A focus of Beijing Wandong technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Beijing Wandong trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Beijing Wandong Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Beijing Wandong Medical cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.

Beijing Wandong December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Beijing Wandong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beijing Wandong shares will generate the highest return on investment. By undertsting and applying Beijing Wandong stock market strength indicators, traders can identify Beijing Wandong Medical entry and exit signals to maximize returns

Beijing Wandong Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Beijing Wandong's price direction in advance. Along with the technical and fundamental analysis of Beijing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beijing 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.

Complementary Tools for Beijing Stock analysis

When running Beijing Wandong's price analysis, check to measure Beijing Wandong'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 Beijing Wandong is operating at the current time. Most of Beijing Wandong's value examination focuses on studying past and present price action to predict the probability of Beijing Wandong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beijing Wandong's price. Additionally, you may evaluate how the addition of Beijing Wandong to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation