Zhejiang Longsheng (China) Price on November 15, 2024
| 600352 Stock | 10.56 0.11 1.03% |
Below is the normalized historical share price chart for Zhejiang Longsheng Group extending back to August 01, 2003. 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 Zhejiang Longsheng stands at 10.56, as last reported on the 18th of December 2024, with the highest price reaching 10.72 and the lowest price hitting 10.48 during the day.
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. Zhejiang Longsheng appears to be somewhat reliable, given 3 months investment horizon. Zhejiang Longsheng shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zhejiang Longsheng, which you can use to evaluate the volatility of the company. Please utilize Zhejiang Longsheng's Downside Deviation of 1.43, mean deviation of 1.19, and Market Risk Adjusted Performance of (0.55) to validate if our risk estimates are consistent with your expectations.
At present, Zhejiang Longsheng's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 3.9 B, whereas Other Stockholder Equity is projected to grow to (80.9 M). . Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of July 2003 | 200 Day MA 9.2201 | 50 Day MA 10.2058 | Beta 0.664 |
Zhejiang |
Sharpe Ratio = 0.1642
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600352 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Zhejiang Longsheng is performing at about 12% 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 Zhejiang Longsheng by adding it to a well-diversified portfolio.
Price Book 1.0064 | Enterprise Value Ebitda 11.8823 | Price Sales 2.2821 | Shares Float 2.2 B | Wall Street Target Price 15.86 |
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Zhejiang Longsheng Valuation on November 15, 2024
It is possible to determine the worth of Zhejiang Longsheng on a given historical date. On November 15, 2024 Zhejiang was worth 10.03 at the beginning of the trading date compared to the closed value of 10.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Longsheng stock. Still, in general, we apply an absolute valuation method to find Zhejiang Longsheng'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 Zhejiang Longsheng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Longsheng's related companies.
| Open | High | Low | Close | Volume | |
| 10.21 | 10.24 | 10.03 | 10.04 | 22,999,416 | |
11/15/2024 | 10.03 | 10.19 | 10.00 | 10.13 | 20,691,462 |
| 10.20 | 10.32 | 10.10 | 10.14 | 27,989,815 |
| Backtest Zhejiang Longsheng | | | Zhejiang Longsheng History | | | Zhejiang Longsheng Valuation | Previous | Next |
Zhejiang Longsheng Trading Date Momentum on November 15, 2024
| On November 18 2024 Zhejiang Longsheng Group was traded for 10.14 at the closing time. The highest price during the trading period was 10.32 and the lowest recorded bid was listed for 10.10 . The volume for the day was 28 M. This history from November 18, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.10% . The trading date delta to the current price is 0.10% . |
Zhejiang Longsheng Fundamentals Correlations and Trends
By evaluating Zhejiang Longsheng'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 Zhejiang Longsheng's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhejiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhejiang Longsheng Stock history
Zhejiang Longsheng 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 Zhejiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhejiang Longsheng 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 Zhejiang Longsheng stock prices may prove useful in developing a viable investing in Zhejiang Longsheng
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.9 B | 2.6 B | |
| Net Income Applicable To Common Shares | 3.5 B | 1.8 B |
Zhejiang Longsheng Quarterly Net Working Capital |
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Zhejiang Longsheng Stock Technical Analysis
Zhejiang Longsheng 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
Zhejiang Longsheng Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Zhejiang Longsheng Group 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.
Zhejiang Longsheng December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Longsheng stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhejiang Longsheng shares will generate the highest return on investment. By undertsting and applying Zhejiang Longsheng stock market strength indicators, traders can identify Zhejiang Longsheng Group entry and exit signals to maximize returns
Zhejiang Longsheng Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Longsheng's price direction in advance. Along with the technical and fundamental analysis of Zhejiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhejiang 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 | 0.1051 | |||
| Jensen Alpha | 0.242 | |||
| Total Risk Alpha | 0.0862 | |||
| Sortino Ratio | 0.1128 | |||
| Treynor Ratio | (0.56) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Longsheng's price analysis, check to measure Zhejiang Longsheng'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 Zhejiang Longsheng is operating at the current time. Most of Zhejiang Longsheng's value examination focuses on studying past and present price action to predict the probability of Zhejiang Longsheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Longsheng's price. Additionally, you may evaluate how the addition of Zhejiang Longsheng to your portfolios can decrease your overall portfolio volatility.
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