Chengdu Xuguang (China) Price on August 27, 2024
| 600353 Stock | 6.70 0.06 0.89% |
Below is the normalized historical share price chart for Chengdu Xuguang Electronics extending back to November 20, 2002. 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 Chengdu Xuguang stands at 6.70, as last reported on the 6th of January, with the highest price reaching 6.80 and the lowest price hitting 6.55 during the day.
If you're considering investing in Chengdu Stock, it is important to understand the factors that can impact its price. At this point, Chengdu Xuguang is slightly risky. Chengdu Xuguang Elec secures Sharpe Ratio (or Efficiency) of 0.0111, which signifies that the company had a 0.0111% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Chengdu Xuguang Electronics, which you can use to evaluate the volatility of the firm. Please confirm Chengdu Xuguang's risk adjusted performance of 0.0847, and Mean Deviation of 3.35 to double-check if the risk estimate we provide is consistent with the expected return of 0.0447%.
At present, Chengdu Xuguang'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 714.8 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 651.1 M. . Chengdu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of November 2002 | 200 Day MA 6.6373 | 50 Day MA 8.3228 | Beta 0.303 |
Chengdu |
Sharpe Ratio = 0.0111
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 600353 |
Estimated Market Risk
| 4.03 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chengdu Xuguang 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 Chengdu Xuguang by adding Chengdu Xuguang to a well-diversified portfolio.
Price Book 3.1267 | Book Value 2.162 | Enterprise Value 5.7 B | Enterprise Value Ebitda 44.9868 | Price Sales 3.6127 |
Related Headline
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Chengdu Xuguang Valuation on August 27, 2024
It is possible to determine the worth of Chengdu Xuguang on a given historical date. On August 27, 2024 Chengdu was worth 5.24 at the beginning of the trading date compared to the closed value of 5.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chengdu Xuguang stock. Still, in general, we apply an absolute valuation method to find Chengdu Xuguang'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 Chengdu Xuguang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chengdu Xuguang's related companies.
| Open | High | Low | Close | Volume | |
| 5.21 | 5.32 | 5.19 | 5.26 | 5,339,569 | |
08/27/2024 | 5.24 | 5.30 | 5.00 | 5.10 | 8,072,206 |
| 5.02 | 5.16 | 5.00 | 5.11 | 5,790,700 |
| Backtest Chengdu Xuguang | | | Chengdu Xuguang History | | | Chengdu Xuguang Valuation | Previous | Next |
Chengdu Xuguang Trading Date Momentum on August 27, 2024
| On August 28 2024 Chengdu Xuguang Electronics was traded for 5.11 at the closing time. The highest price during the trading period was 5.16 and the lowest recorded bid was listed for 5.00 . The volume for the day was 5.8 M. This history from August 28, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.20% . The overall trading delta to the current price is 4.51% . |
Chengdu Xuguang Elec Fundamentals Correlations and Trends
By evaluating Chengdu Xuguang'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 Chengdu Xuguang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chengdu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chengdu Xuguang Stock history
Chengdu Xuguang 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 Chengdu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chengdu Xuguang Elec 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 Chengdu Xuguang stock prices may prove useful in developing a viable investing in Chengdu Xuguang
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 957.7 M | 651.1 M | |
| Net Income Applicable To Common Shares | 115.1 M | 120.9 M |
Chengdu Xuguang Quarterly Net Working Capital |
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Chengdu Xuguang Stock Technical Analysis
Chengdu Xuguang 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
Chengdu Xuguang Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Chengdu Xuguang Electronics 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.
Chengdu Xuguang January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Chengdu Xuguang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chengdu Xuguang shares will generate the highest return on investment. By undertsting and applying Chengdu Xuguang stock market strength indicators, traders can identify Chengdu Xuguang Electronics entry and exit signals to maximize returns
Chengdu Xuguang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chengdu Xuguang's price direction in advance. Along with the technical and fundamental analysis of Chengdu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chengdu 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 | 0.0847 | |||
| Jensen Alpha | 0.4066 | |||
| Total Risk Alpha | 0.3339 | |||
| Sortino Ratio | 0.1013 | |||
| Treynor Ratio | (0.74) |
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| Volume Indicators |
Complementary Tools for Chengdu Stock analysis
When running Chengdu Xuguang's price analysis, check to measure Chengdu Xuguang'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 Chengdu Xuguang is operating at the current time. Most of Chengdu Xuguang's value examination focuses on studying past and present price action to predict the probability of Chengdu Xuguang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chengdu Xuguang's price. Additionally, you may evaluate how the addition of Chengdu Xuguang to your portfolios can decrease your overall portfolio volatility.
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