Beijing Wandong (China) Price on September 7, 2023

600055 Stock   14.74  0.36  2.38%   
If you're considering investing in Beijing Stock, it is important to understand the factors that can impact its price. As of today, the current price of Beijing Wandong stands at 14.74, as last reported on the 3rd of January, with the highest price reaching 15.27 and the lowest price hitting 14.59 during the day. Beijing Wandong Medical secures Sharpe Ratio (or Efficiency) of -0.0332, which signifies that the company had a -0.0332% return per unit of risk over the last 3 months. Beijing Wandong Medical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijing Wandong's Standard Deviation of 2.78, risk adjusted performance of (0.02), and Mean Deviation of 2.12 to double-check the risk estimate we provide.
  
Beijing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0332

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Estimated Market Risk

 2.78
  actual daily
24
76% 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 Beijing Wandong 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 Beijing Wandong by adding Beijing Wandong to a well-diversified portfolio.

Beijing Wandong Valuation on September 7, 2023

It is possible to determine the worth of Beijing Wandong on a given historical date. On September 7, 2023 Beijing was worth 18.08 at the beginning of the trading date compared to the closed value of 18.09. 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
  18.30    18.38    18.11    18.18    3,210,252  
09/07/2023
  18.08    18.24    18.03    18.09    2,484,970  
  18.15    18.19    17.98    18.07    1,625,735  
Backtest Beijing Wandong  |  Beijing Wandong History  |  Beijing Wandong Valuation   PreviousNext  
Open Value
18.08
18.09
Closing Value
26.41
Upside

Beijing Wandong Trading Date Momentum on September 7, 2023

On September 08 2023 Beijing Wandong Medical was traded for  18.07  at the closing time. The highest price during the trading period was 18.19  and the lowest recorded bid was listed for  17.98 . The volume for the day was 1.6 M. This history from September 8, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.11% . The overall trading delta to the current price is 4.37% .

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

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
January 3, 2025
0.00  NaN%
High

 0.00 

     

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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 January 3, 2025 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.
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