Hubei Xingfa (China) Price on May 15, 2024

600141 Stock   21.38  0.07  0.33%   
If you're considering investing in Hubei Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hubei Xingfa stands at 21.38, as last reported on the 6th of January, with the highest price reaching 22.20 and the lowest price hitting 21.32 during the day. Hubei Xingfa Chemicals holds Efficiency (Sharpe) Ratio of -0.065, which attests that the entity had a -0.065% return per unit of risk over the last 3 months. Hubei Xingfa Chemicals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hubei Xingfa's Market Risk Adjusted Performance of 6.57, standard deviation of 2.11, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
  
Hubei Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.065

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns600141

Estimated Market Risk

 2.11
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hubei Xingfa 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 Hubei Xingfa by adding Hubei Xingfa to a well-diversified portfolio.

Hubei Xingfa Valuation on May 15, 2024

It is possible to determine the worth of Hubei Xingfa on a given historical date. On May 15, 2024 Hubei was worth 23.13 at the beginning of the trading date compared to the closed value of 23.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hubei Xingfa stock. Still, in general, we apply an absolute valuation method to find Hubei Xingfa'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 Hubei Xingfa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hubei Xingfa's related companies.
 Open High Low Close Volume
  23.99    23.99    23.06    23.13    23,695,978  
05/15/2024
  23.13    23.48    22.58    23.16    21,416,940  
  23.18    23.53    22.92    22.98    16,922,100  
Backtest Hubei Xingfa  |  Hubei Xingfa History  |  Hubei Xingfa Valuation   PreviousNext  
Open Value
23.13
23.16
Closing Value
29.45
Upside

Hubei Xingfa Trading Date Momentum on May 15, 2024

On May 16 2024 Hubei Xingfa Chemicals was traded for  22.98  at the closing time. The highest price during the trading period was 23.53  and the lowest recorded bid was listed for  22.92 . The volume for the day was 16.9 M. This history from May 16, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.78% . The trading delta at closing time to the current price is 4.62% .

Hubei Xingfa Chemicals Fundamentals Correlations and Trends

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

About Hubei Xingfa Stock history

Hubei Xingfa 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 Hubei is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hubei Xingfa Chemicals 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 Hubei Xingfa stock prices may prove useful in developing a viable investing in Hubei Xingfa

Hubei Xingfa Stock Technical Analysis

Hubei Xingfa 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 Hubei Xingfa technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hubei Xingfa 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

Hubei Xingfa Period Price Range

Low
January 6, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Hubei Xingfa Chemicals 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.

Hubei Xingfa January 6, 2025 Market Strength

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

Hubei Xingfa Technical and Predictive Indicators

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

When running Hubei Xingfa's price analysis, check to measure Hubei Xingfa'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 Hubei Xingfa is operating at the current time. Most of Hubei Xingfa's value examination focuses on studying past and present price action to predict the probability of Hubei Xingfa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hubei Xingfa's price. Additionally, you may evaluate how the addition of Hubei Xingfa to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
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
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Fundamental Analysis
View fundamental data based on most recent published financial statements