Guanghui Energy (China) Price on November 8, 2024
600256 Stock | 6.47 0.02 0.31% |
If you're considering investing in Guanghui Stock, it is important to understand the factors that can impact its price. As of today, the current price of Guanghui Energy stands at 6.47, as last reported on the 6th of January, with the highest price reaching 6.62 and the lowest price hitting 6.46 during the day. Guanghui Energy holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of standard deviation over the last 3 months. Guanghui Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guanghui Energy's risk adjusted performance of (0.10), and Market Risk Adjusted Performance of 1.84 to validate the risk estimate we provide.
Guanghui Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Guanghui |
Sharpe Ratio = -0.1337
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 600256 |
Estimated Market Risk
1.87 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Guanghui Energy 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 Guanghui Energy by adding Guanghui Energy to a well-diversified portfolio.
Guanghui Energy Valuation on November 8, 2024
It is possible to determine the worth of Guanghui Energy on a given historical date. On November 8, 2024 Guanghui was worth 8.07 at the beginning of the trading date compared to the closed value of 7.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guanghui Energy stock. Still, in general, we apply an absolute valuation method to find Guanghui Energy'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 Guanghui Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guanghui Energy's related companies.
Open | High | Low | Close | Volume | |
7.87 | 8.05 | 7.81 | 8.02 | 61,764,240 | |
11/08/2024 | 8.07 | 8.14 | 7.84 | 7.87 | 84,053,777 |
7.81 | 7.94 | 7.71 | 7.94 | 75,783,634 |
Backtest Guanghui Energy | | | Guanghui Energy History | | | Guanghui Energy Valuation | Previous | Next |
Guanghui Energy Trading Date Momentum on November 8, 2024
On November 11 2024 Guanghui Energy Co was traded for 7.94 at the closing time. The highest price during the trading period was 7.94 and the lowest recorded bid was listed for 7.71 . The volume for the day was 75.8 M. This history from November 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.89% . The overall trading delta to the current price is 4.19% . |
Guanghui Energy Fundamentals Correlations and Trends
By evaluating Guanghui Energy'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 Guanghui Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guanghui financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guanghui Energy Stock history
Guanghui Energy 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 Guanghui is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guanghui Energy 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 Guanghui Energy stock prices may prove useful in developing a viable investing in Guanghui Energy
Guanghui Energy Stock Technical Analysis
Guanghui Energy 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
Guanghui Energy Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Guanghui Energy Co 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.
Guanghui Energy January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Guanghui Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guanghui Energy shares will generate the highest return on investment. By undertsting and applying Guanghui Energy stock market strength indicators, traders can identify Guanghui Energy Co entry and exit signals to maximize returns
Guanghui Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guanghui Energy's price direction in advance. Along with the technical and fundamental analysis of Guanghui Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guanghui 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 | (0.10) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 1.83 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Guanghui Stock analysis
When running Guanghui Energy's price analysis, check to measure Guanghui Energy'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 Guanghui Energy is operating at the current time. Most of Guanghui Energy's value examination focuses on studying past and present price action to predict the probability of Guanghui Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guanghui Energy's price. Additionally, you may evaluate how the addition of Guanghui Energy to your portfolios can decrease your overall portfolio volatility.
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
CEOs Directory Screen CEOs from public companies around the world | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |