Beijing Dalong (China) Price on June 14, 2024
| 600159 Stock | 2.37 0.07 3.04% |
Below is the normalized historical share price chart for Beijing Dalong Weiye extending back to July 21, 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 Beijing Dalong stands at 2.37, as last reported on the 7th of January, with the highest price reaching 2.38 and the lowest price hitting 2.27 during the day.
If you're considering investing in Beijing Stock, it is important to understand the factors that can impact its price. Beijing Dalong Weiye secures Sharpe Ratio (or Efficiency) of -0.0374, which signifies that the company had a -0.0374% return per unit of risk over the last 3 months. Beijing Dalong Weiye exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijing Dalong's Standard Deviation of 3.55, mean deviation of 2.68, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
As of January 7, 2025, Total Stockholder Equity is expected to decline to about 1.7 B. In addition to that, Common Stock is expected to decline to about 662.2 M. Beijing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.4905 | 50 Day MA 2.7774 | Beta 0.815 |
Beijing |
Sharpe Ratio = -0.0374
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 600159 |
Estimated Market Risk
| 3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Beijing Dalong 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 Dalong by adding Beijing Dalong to a well-diversified portfolio.
Price Book 0.9988 | Book Value 2.321 | Enterprise Value 1.6 B | Enterprise Value Ebitda 9.5118 | Price Sales 2.5217 |
Beijing Dalong Valuation on June 14, 2024
It is possible to determine the worth of Beijing Dalong on a given historical date. On June 14, 2024 Beijing was worth 2.27 at the beginning of the trading date compared to the closed value of 2.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beijing Dalong stock. Still, in general, we apply an absolute valuation method to find Beijing Dalong'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 Dalong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beijing Dalong's related companies.
| Open | High | Low | Close | Volume | |
| 2.36 | 2.40 | 2.28 | 2.29 | 16,088,300 | |
06/14/2024 | 2.27 | 2.38 | 2.26 | 2.35 | 20,749,000 |
| 2.34 | 2.34 | 2.28 | 2.29 | 14,317,200 |
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Beijing Dalong Trading Date Momentum on June 14, 2024
| On June 17 2024 Beijing Dalong Weiye was traded for 2.29 at the closing time. The highest price during the trading period was 2.34 and the lowest recorded bid was listed for 2.28 . The volume for the day was 14.3 M. This history from June 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.55% . The overall trading delta to the current price is 6.81% . |
Beijing Dalong Weiye Fundamentals Correlations and Trends
By evaluating Beijing Dalong'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 Dalong'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 Dalong Stock history
Beijing Dalong 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 Dalong Weiye 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 Dalong stock prices may prove useful in developing a viable investing in Beijing Dalong
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 747 M | 664 M | |
| Net Income Applicable To Common Shares | 91.2 M | 87.8 M |
Beijing Dalong Quarterly Net Working Capital |
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Beijing Dalong Stock Technical Analysis
Beijing Dalong 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
Beijing Dalong Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Beijing Dalong Weiye 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 Dalong January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Beijing Dalong 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 Dalong shares will generate the highest return on investment. By undertsting and applying Beijing Dalong stock market strength indicators, traders can identify Beijing Dalong Weiye entry and exit signals to maximize returns
Beijing Dalong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beijing Dalong'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.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 1.06 |
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Beijing Stock analysis
When running Beijing Dalong's price analysis, check to measure Beijing Dalong'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 Dalong is operating at the current time. Most of Beijing Dalong's value examination focuses on studying past and present price action to predict the probability of Beijing Dalong'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 Dalong's price. Additionally, you may evaluate how the addition of Beijing Dalong to your portfolios can decrease your overall portfolio volatility.
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