Gansu Yasheng (China) Price on October 31, 2024
| 600108 Stock | 3.24 0.12 3.85% |
Below is the normalized historical share price chart for Gansu Yasheng Industrial extending back to August 18, 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 Gansu Yasheng stands at 3.24, as last reported on the 12th of December 2024, with the highest price reaching 3.26 and the lowest price hitting 3.11 during the day.
If you're considering investing in Gansu Stock, it is important to understand the factors that can impact its price. Gansu Yasheng appears to be unstable, given 3 months investment horizon. Gansu Yasheng Industrial holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22% return per unit of risk over the last 3 months. By evaluating Gansu Yasheng's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Gansu Yasheng's Downside Deviation of 2.56, market risk adjusted performance of (1.30), and Risk Adjusted Performance of 0.1413 to validate if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 90.1 M, whereas Total Stockholder Equity is forecasted to decline to about 3.4 B. . Gansu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of July 1997 | 200 Day MA 2.6306 | 50 Day MA 2.8972 | Beta 0.038 |
Gansu |
Sharpe Ratio = 0.2155
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600108 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.76 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Gansu Yasheng is performing at about 16% 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 Gansu Yasheng by adding it to a well-diversified portfolio.
Price Book 1.432 | Book Value 2.179 | Enterprise Value 9.5 B | Enterprise Value Ebitda 41.7988 | Price Sales 1.5847 |
Gansu Yasheng Valuation on October 31, 2024
It is possible to determine the worth of Gansu Yasheng on a given historical date. On October 31, 2024 Gansu was worth 2.84 at the beginning of the trading date compared to the closed value of 2.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gansu Yasheng stock. Still, in general, we apply an absolute valuation method to find Gansu Yasheng'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 Gansu Yasheng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gansu Yasheng's related companies.
| Open | High | Low | Close | Volume | |
| 2.79 | 2.83 | 2.79 | 2.83 | 31,056,000 | |
10/31/2024 | 2.84 | 2.88 | 2.82 | 2.86 | 31,207,600 |
| 2.85 | 2.93 | 2.83 | 2.83 | 42,846,573 |
| Backtest Gansu Yasheng | | | Gansu Yasheng History | | | Gansu Yasheng Valuation | Previous | Next |
Gansu Yasheng Trading Date Momentum on October 31, 2024
| On November 01 2024 Gansu Yasheng Industrial was traded for 2.83 at the closing time. The highest price during the trading period was 2.93 and the lowest recorded bid was listed for 2.83 . The volume for the day was 42.8 M. This history from November 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.05% . The overall trading delta to the current price is 4.20% . |
Gansu Yasheng Industrial Fundamentals Correlations and Trends
By evaluating Gansu Yasheng'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 Gansu Yasheng's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gansu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gansu Yasheng Stock history
Gansu Yasheng 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 Gansu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gansu Yasheng Industrial 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 Gansu Yasheng stock prices may prove useful in developing a viable investing in Gansu Yasheng
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.8 B | 1.6 B | |
| Net Income Applicable To Common Shares | 64.6 M | 60.6 M |
Gansu Yasheng Quarterly Net Working Capital |
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Gansu Yasheng Stock Technical Analysis
Gansu Yasheng 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
Gansu Yasheng Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Gansu Yasheng Industrial 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.
Gansu Yasheng December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Gansu Yasheng stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gansu Yasheng shares will generate the highest return on investment. By undertsting and applying Gansu Yasheng stock market strength indicators, traders can identify Gansu Yasheng Industrial entry and exit signals to maximize returns
Gansu Yasheng Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gansu Yasheng's price direction in advance. Along with the technical and fundamental analysis of Gansu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gansu 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 | 0.1413 | |||
| Jensen Alpha | 0.5139 | |||
| Total Risk Alpha | 0.0606 | |||
| Sortino Ratio | 0.1401 | |||
| Treynor Ratio | (1.31) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Gansu Stock analysis
When running Gansu Yasheng's price analysis, check to measure Gansu Yasheng'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 Gansu Yasheng is operating at the current time. Most of Gansu Yasheng's value examination focuses on studying past and present price action to predict the probability of Gansu Yasheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gansu Yasheng's price. Additionally, you may evaluate how the addition of Gansu Yasheng to your portfolios can decrease your overall portfolio volatility.
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