Lingyuan Iron (China) Price on November 20, 2024
| 600231 Stock | 2.08 0.02 0.95% |
Below is the normalized historical share price chart for Lingyuan Iron Steel extending back to May 16, 2000. 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 Lingyuan Iron stands at 2.08, as last reported on the 4th of December, with the highest price reaching 2.12 and the lowest price hitting 2.06 during the day.
If you're considering investing in Lingyuan Stock, it is important to understand the factors that can impact its price. Lingyuan Iron appears to be very risky, given 3 months investment horizon. Lingyuan Iron Steel has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Lingyuan Iron's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please exercise Lingyuan Iron's Downside Deviation of 3.4, risk adjusted performance of 0.1594, and Mean Deviation of 2.36 to check out if our risk estimates are consistent with your expectations.
At present, Lingyuan Iron's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 158.4 M, whereas Total Stockholder Equity is forecasted to decline to about 4.8 B. . Lingyuan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of April 2000 | 200 Day MA 1.6385 | 50 Day MA 1.9052 | Beta 0.524 |
Lingyuan |
Sharpe Ratio = 0.2037
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600231 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.54 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Lingyuan Iron 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 Lingyuan Iron by adding it to a well-diversified portfolio.
Price Book 0.9887 | Enterprise Value Ebitda (9.45) | Price Sales 0.3145 | Shares Float 883.1 M | Wall Street Target Price 11.55 |
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Lingyuan Iron Valuation on November 20, 2024
It is possible to determine the worth of Lingyuan Iron on a given historical date. On November 20, 2024 Lingyuan was worth 2.02 at the beginning of the trading date compared to the closed value of 2.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lingyuan Iron stock. Still, in general, we apply an absolute valuation method to find Lingyuan Iron'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 Lingyuan Iron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lingyuan Iron's related companies.
| Open | High | Low | Close | Volume | |
| 2.00 | 2.03 | 1.95 | 2.03 | 19,536,630 | |
11/20/2024 | 2.02 | 2.05 | 1.99 | 2.04 | 12,136,636 |
| 2.04 | 2.05 | 2.00 | 2.02 | 9,962,750 |
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Lingyuan Iron Trading Date Momentum on November 20, 2024
| On November 21 2024 Lingyuan Iron Steel was traded for 2.02 at the closing time. The highest price during the trading period was 2.05 and the lowest recorded bid was listed for 2.00 . The volume for the day was 10 M. This history from November 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.98% . The trading delta at closing time to the current price is 0.98% . |
Lingyuan Iron Steel Fundamentals Correlations and Trends
By evaluating Lingyuan Iron'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 Lingyuan Iron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lingyuan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lingyuan Iron Stock history
Lingyuan Iron 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 Lingyuan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lingyuan Iron Steel 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 Lingyuan Iron stock prices may prove useful in developing a viable investing in Lingyuan Iron
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.9 B | 3.1 B | |
| Net Loss | -958.7 M | -910.8 M |
Lingyuan Iron Stock Technical Analysis
Lingyuan Iron 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
Lingyuan Iron Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Lingyuan Iron Steel 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.
Lingyuan Iron December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Lingyuan Iron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lingyuan Iron shares will generate the highest return on investment. By undertsting and applying Lingyuan Iron stock market strength indicators, traders can identify Lingyuan Iron Steel entry and exit signals to maximize returns
Lingyuan Iron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lingyuan Iron's price direction in advance. Along with the technical and fundamental analysis of Lingyuan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lingyuan 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 | 0.1594 | |||
| Jensen Alpha | 0.7206 | |||
| Total Risk Alpha | 0.2027 | |||
| Sortino Ratio | 0.163 | |||
| Treynor Ratio | (1.08) |
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| Volume Indicators |
Complementary Tools for Lingyuan Stock analysis
When running Lingyuan Iron's price analysis, check to measure Lingyuan Iron'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 Lingyuan Iron is operating at the current time. Most of Lingyuan Iron's value examination focuses on studying past and present price action to predict the probability of Lingyuan Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lingyuan Iron's price. Additionally, you may evaluate how the addition of Lingyuan Iron to your portfolios can decrease your overall portfolio volatility.
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