Tianjin Hi (China) Price on October 13, 2023
| 600082 Stock | 2.74 0.01 0.36% |
Below is the normalized historical share price chart for Tianjin Hi Tech Development extending back to April 27, 1999. 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 Tianjin Hi stands at 2.74, as last reported on the 1st of January, with the highest price reaching 2.80 and the lowest price hitting 2.72 during the day.
If you're considering investing in Tianjin Stock, it is important to understand the factors that can impact its price. At this point, Tianjin Hi is very risky. Tianjin Hi Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0083, which indicates the firm had a 0.0083% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tianjin Hi Tech Development, which you can use to evaluate the volatility of the company. Please validate Tianjin Hi's Risk Adjusted Performance of 0.0616, coefficient of variation of 1502.45, and Semi Deviation of 3.87 to confirm if the risk estimate we provide is consistent with the expected return of 0.0337%.
As of January 1, 2025, Total Stockholder Equity is expected to decline to about 1.5 B. In addition to that, Common Stock is expected to decline to about 522.3 M. Tianjin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of June 1997 | 200 Day MA 2.4515 | 50 Day MA 2.9944 | Beta 0.62 |
Tianjin |
Sharpe Ratio = 0.0083
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 600082 |
Estimated Market Risk
| 4.05 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tianjin Hi 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 Tianjin Hi by adding Tianjin Hi to a well-diversified portfolio.
Price Book 1.0342 | Book Value 2.668 | Enterprise Value 2.5 B | Enterprise Value Ebitda 37.8397 | Price Sales 14.9554 |
Tianjin Hi Valuation on October 13, 2023
It is possible to determine the worth of Tianjin Hi on a given historical date. On October 13, 2023 Tianjin was worth 3.21 at the beginning of the trading date compared to the closed value of 3.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tianjin Hi stock. Still, in general, we apply an absolute valuation method to find Tianjin Hi'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 Tianjin Hi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tianjin Hi's related companies.
| Open | High | Low | Close | Volume | |
| 3.19 | 3.23 | 3.16 | 3.22 | 5,275,300 | |
10/13/2023 | 3.21 | 3.21 | 3.14 | 3.15 | 6,810,301 |
| 3.15 | 3.19 | 3.12 | 3.13 | 7,234,557 |
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Tianjin Hi Trading Date Momentum on October 13, 2023
| On October 16 2023 Tianjin Hi Tech Development was traded for 3.13 at the closing time. The highest price during the trading period was 3.19 and the lowest recorded bid was listed for 3.12 . The volume for the day was 7.2 M. This history from October 16, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.63% . The trading price change to the current price is 0.95% . |
Tianjin Hi Tech Fundamentals Correlations and Trends
By evaluating Tianjin Hi'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 Tianjin Hi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tianjin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tianjin Hi Stock history
Tianjin Hi 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 Tianjin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tianjin Hi Tech 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 Tianjin Hi stock prices may prove useful in developing a viable investing in Tianjin Hi
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 581.5 M | 516.9 M | |
| Net Income Applicable To Common Shares | 9.1 M | 8.6 M |
Tianjin Hi Quarterly Net Working Capital |
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Tianjin Hi Stock Technical Analysis
Tianjin Hi 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
Tianjin Hi Period Price Range
Low | January 1, 2025
| High |
0.00 | 0.00 |
Tianjin Hi Tech Development 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.
Tianjin Hi January 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Tianjin Hi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tianjin Hi shares will generate the highest return on investment. By undertsting and applying Tianjin Hi stock market strength indicators, traders can identify Tianjin Hi Tech Development entry and exit signals to maximize returns
Tianjin Hi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tianjin Hi's price direction in advance. Along with the technical and fundamental analysis of Tianjin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tianjin 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 | 0.0616 | |||
| Jensen Alpha | 0.2587 | |||
| Total Risk Alpha | 0.2546 | |||
| Sortino Ratio | 0.0639 | |||
| Treynor Ratio | 2.04 |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Tianjin Stock analysis
When running Tianjin Hi's price analysis, check to measure Tianjin Hi'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 Tianjin Hi is operating at the current time. Most of Tianjin Hi's value examination focuses on studying past and present price action to predict the probability of Tianjin Hi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tianjin Hi's price. Additionally, you may evaluate how the addition of Tianjin Hi to your portfolios can decrease your overall portfolio volatility.
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