Ningxia Building (China) Price on November 25, 2024
| 600449 Stock | 14.31 0.58 3.90% |
Below is the normalized historical share price chart for Ningxia Building Materials extending back to August 29, 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 Ningxia Building stands at 14.31, as last reported on the 26th of December, with the highest price reaching 14.76 and the lowest price hitting 13.98 during the day.
If you're considering investing in Ningxia Stock, it is important to understand the factors that can impact its price. Ningxia Building appears to be somewhat reliable, given 3 months investment horizon. Ningxia Building Mat has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ningxia Building, which you can use to evaluate the volatility of the firm. Please exercise Ningxia Building's Downside Deviation of 3.64, risk adjusted performance of 0.1521, and Mean Deviation of 2.44 to check out if our risk estimates are consistent with your expectations.
At present, Ningxia Building's Total Stockholder Equity 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 43.4 M, whereas Common Stock is forecasted to decline to about 333.2 M. . Ningxia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of August 2003 | 200 Day MA 13.0379 | 50 Day MA 14.2486 | Beta 0.528 |
Ningxia |
Sharpe Ratio = 0.1024
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600449 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.53 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Ningxia Building is performing at about 8% 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 Ningxia Building by adding it to a well-diversified portfolio.
Price Book 0.9878 | Enterprise Value Ebitda 20.4533 | Price Sales 0.7044 | Shares Float 236.6 M | Wall Street Target Price 19.21 |
Ningxia Building Main Headline on 25th of November 2024
We Think Ningxia Building Materials GroupLtd Can Stay On Top... by news.google.com
We Think Ningxia Building Materials GroupLtd Can Stay On Top Of Its Debt Simply Wall St
Ningxia Building Valuation on November 25, 2024
It is possible to determine the worth of Ningxia Building on a given historical date. On November 25, 2024 Ningxia was worth 13.69 at the beginning of the trading date compared to the closed value of 15.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ningxia Building stock. Still, in general, we apply an absolute valuation method to find Ningxia Building'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 Ningxia Building where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ningxia Building's related companies.
| Open | High | Low | Close | Volume | |
| 13.48 | 14.04 | 13.43 | 13.66 | 16,172,510 | |
11/25/2024 | 13.69 | 15.03 | 13.61 | 15.03 | 44,390,168 |
| 14.83 | 15.47 | 14.54 | 14.58 | 35,089,494 |
| Backtest Ningxia Building | | | Ningxia Building History | | | Ningxia Building Valuation | Previous | Next |
Ningxia Building Trading Date Momentum on November 25, 2024
| On November 26 2024 Ningxia Building Materials was traded for 14.58 at the closing time. The highest price during the trading period was 15.47 and the lowest recorded bid was listed for 14.54 . The volume for the day was 35.1 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.99% . The trading delta at closing time to the current price is 3.86% . |
Ningxia Building Mat Fundamentals Correlations and Trends
By evaluating Ningxia Building'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 Ningxia Building's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ningxia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ningxia Building Stock history
Ningxia Building 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 Ningxia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ningxia Building Mat 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 Ningxia Building stock prices may prove useful in developing a viable investing in Ningxia Building
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 430.4 M | 382.5 M | |
| Net Income Applicable To Common Shares | 608.3 M | 311.8 M |
Ningxia Building Quarterly Net Working Capital |
|
Ningxia Building Stock Technical Analysis
Ningxia Building 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
Ningxia Building Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Ningxia Building Materials 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.
Ningxia Building December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Ningxia Building stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ningxia Building shares will generate the highest return on investment. By undertsting and applying Ningxia Building stock market strength indicators, traders can identify Ningxia Building Materials entry and exit signals to maximize returns
Ningxia Building Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ningxia Building's price direction in advance. Along with the technical and fundamental analysis of Ningxia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ningxia 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 | 0.1521 | |||
| Jensen Alpha | 0.6099 | |||
| Total Risk Alpha | 0.4645 | |||
| Sortino Ratio | 0.1595 | |||
| Treynor Ratio | 4.38 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ningxia Stock analysis
When running Ningxia Building's price analysis, check to measure Ningxia Building'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 Ningxia Building is operating at the current time. Most of Ningxia Building's value examination focuses on studying past and present price action to predict the probability of Ningxia Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ningxia Building's price. Additionally, you may evaluate how the addition of Ningxia Building to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |