Nanning Chemical (China) Price on November 4, 2024
| 600301 Stock | 17.45 0.55 3.25% |
Below is the normalized historical share price chart for Nanning Chemical Industry extending back to July 13, 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 Nanning Chemical stands at 17.45, as last reported on the 7th of January, with the highest price reaching 17.47 and the lowest price hitting 16.75 during the day.
If you're considering investing in Nanning Stock, it is important to understand the factors that can impact its price. At this point, Nanning Chemical is not too volatile. Nanning Chemical Industry has Sharpe Ratio of 0.0385, which conveys that the firm had a 0.0385% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nanning Chemical, which you can use to evaluate the volatility of the firm. Please verify Nanning Chemical's Risk Adjusted Performance of 0.0408, mean deviation of 2.13, and Downside Deviation of 2.95 to check out if the risk estimate we provide is consistent with the expected return of 0.0988%.
At present, Nanning Chemical's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 763.8 M, whereas Common Stock is forecasted to decline to about 241.9 M. . Nanning Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of June 2000 | 200 Day MA 17.393 | 50 Day MA 18.5666 | Beta 0.28 |
Nanning |
Sharpe Ratio = 0.0385
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| Cash | Small Risk | 600301 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.56 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nanning Chemical is performing at about 3% 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 Nanning Chemical by adding it to a well-diversified portfolio.
Price Book 2.7555 | Enterprise Value Ebitda 9.126 | Price Sales 2.6582 | Shares Float 160.6 M | Wall Street Target Price 32 |
Nanning Chemical Valuation on November 4, 2024
It is possible to determine the worth of Nanning Chemical on a given historical date. On November 4, 2024 Nanning was worth 19.41 at the beginning of the trading date compared to the closed value of 19.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nanning Chemical stock. Still, in general, we apply an absolute valuation method to find Nanning Chemical'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 Nanning Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nanning Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 17.87 | 19.75 | 17.79 | 19.36 | 39,856,308 | |
11/04/2024 | 19.41 | 19.59 | 18.48 | 19.03 | 26,219,216 |
| 18.90 | 20.50 | 18.83 | 20.16 | 22,959,844 |
| Backtest Nanning Chemical | | | Nanning Chemical History | | | Nanning Chemical Valuation | Previous | Next |
Nanning Chemical Trading Date Momentum on November 4, 2024
| On November 05 2024 Nanning Chemical Industry was traded for 20.16 at the closing time. The highest price during the trading period was 20.50 and the lowest recorded bid was listed for 18.83 . The volume for the day was 23 M. This history from November 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 5.94% . The trading delta at closing time to the current price is 0.21% . |
Nanning Chemical Industry Fundamentals Correlations and Trends
By evaluating Nanning Chemical'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 Nanning Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nanning financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nanning Chemical Stock history
Nanning Chemical 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 Nanning is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nanning Chemical Industry 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 Nanning Chemical stock prices may prove useful in developing a viable investing in Nanning Chemical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 727.5 M | 763.8 M | |
| Net Income Applicable To Common Shares | 16.3 M | 25.3 M |
Nanning Chemical Stock Technical Analysis
Nanning Chemical 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
Nanning Chemical Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Nanning Chemical Industry 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.
Nanning Chemical January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Nanning Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nanning Chemical shares will generate the highest return on investment. By undertsting and applying Nanning Chemical stock market strength indicators, traders can identify Nanning Chemical Industry entry and exit signals to maximize returns
Nanning Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nanning Chemical's price direction in advance. Along with the technical and fundamental analysis of Nanning Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nanning 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 | 0.0408 | |||
| Jensen Alpha | 0.1216 | |||
| Total Risk Alpha | 0.049 | |||
| Sortino Ratio | 0.034 | |||
| Treynor Ratio | (0.72) |
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Complementary Tools for Nanning Stock analysis
When running Nanning Chemical's price analysis, check to measure Nanning Chemical'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 Nanning Chemical is operating at the current time. Most of Nanning Chemical's value examination focuses on studying past and present price action to predict the probability of Nanning Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanning Chemical's price. Additionally, you may evaluate how the addition of Nanning Chemical to your portfolios can decrease your overall portfolio volatility.
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