Yunnan Chihong (China) Price on June 4, 2024
600497 Stock | 5.71 0.04 0.70% |
Below is the normalized historical share price chart for Yunnan Chihong ZincGermanium extending back to April 20, 2004. 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 Yunnan Chihong stands at 5.71, as last reported on the 26th of December, with the highest price reaching 5.76 and the lowest price hitting 5.66 during the day.
If you're considering investing in Yunnan Stock, it is important to understand the factors that can impact its price. At this point, Yunnan Chihong is slightly risky. Yunnan Chihong ZincG shows Sharpe Ratio of 0.0614, which attests that the company had a 0.0614% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Yunnan Chihong ZincG, which you can use to evaluate the volatility of the company. Please check out Yunnan Chihong's Mean Deviation of 1.75, market risk adjusted performance of (2.54), and Downside Deviation of 2.03 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
At present, Yunnan Chihong'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 6.1 B, whereas Other Stockholder Equity is forecasted to decline to (233.1 M). . Yunnan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of April 2004 | 200 Day MA 5.5609 | 50 Day MA 5.9362 | Beta 0.604 |
Yunnan |
Sharpe Ratio = 0.0614
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Estimated Market Risk
2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Yunnan Chihong is performing at about 4% 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 Yunnan Chihong by adding it to a well-diversified portfolio.
Price Book 1.7587 | Enterprise Value Ebitda 21.1825 | Price Sales 1.4458 | Shares Float 2.9 B | Wall Street Target Price 5.58 |
Related Headline
Wanhua Chemical Headline on 4th of June 2024
Benign Growth For Wanhua Chemical Group Co., Ltd. Underpins ... by news.google.com
Benign Growth For Wanhua Chemical Group Co., Ltd. Underpins Its Share Price Simply Wall St
Yunnan Chihong Valuation on June 4, 2024
It is possible to determine the worth of Yunnan Chihong on a given historical date. On June 4, 2024 Yunnan was worth 5.58 at the beginning of the trading date compared to the closed value of 5.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yunnan Chihong stock. Still, in general, we apply an absolute valuation method to find Yunnan Chihong'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 Yunnan Chihong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yunnan Chihong's related companies.
Open | High | Low | Close | Volume | |
5.71 | 5.72 | 5.52 | 5.58 | 111,464,237 | |
06/04/2024 | 5.58 | 5.80 | 5.56 | 5.79 | 94,558,891 |
5.72 | 5.74 | 5.64 | 5.66 | 67,632,837 |
Backtest Yunnan Chihong | | | Yunnan Chihong History | | | Yunnan Chihong Valuation | Previous | Next |
Yunnan Chihong Trading Date Momentum on June 4, 2024
On June 05 2024 Yunnan Chihong ZincGermanium was traded for 5.66 at the closing time. The highest price during the trading period was 5.74 and the lowest recorded bid was listed for 5.64 . The volume for the day was 67.6 M. This history from June 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.25% . The trading price change to the current price is 5.18% . |
Yunnan Chihong ZincG Fundamentals Correlations and Trends
By evaluating Yunnan Chihong'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 Yunnan Chihong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yunnan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yunnan Chihong Stock history
Yunnan Chihong 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 Yunnan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yunnan Chihong ZincG 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 Yunnan Chihong stock prices may prove useful in developing a viable investing in Yunnan Chihong
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 4.6 B | 4.1 B | |
Net Income Applicable To Common Shares | 770 M | 808.5 M |
Yunnan Chihong Stock Technical Analysis
Yunnan Chihong 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
Yunnan Chihong Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Yunnan Chihong ZincGermanium 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.
Yunnan Chihong December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Yunnan Chihong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yunnan Chihong shares will generate the highest return on investment. By undertsting and applying Yunnan Chihong stock market strength indicators, traders can identify Yunnan Chihong ZincGermanium entry and exit signals to maximize returns
Yunnan Chihong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yunnan Chihong's price direction in advance. Along with the technical and fundamental analysis of Yunnan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yunnan 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 | 0.1235 | |||
Jensen Alpha | 0.3519 | |||
Total Risk Alpha | 0.2409 | |||
Sortino Ratio | 0.1542 | |||
Treynor Ratio | (2.55) |
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Complementary Tools for Yunnan Stock analysis
When running Yunnan Chihong's price analysis, check to measure Yunnan Chihong'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 Yunnan Chihong is operating at the current time. Most of Yunnan Chihong's value examination focuses on studying past and present price action to predict the probability of Yunnan Chihong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yunnan Chihong's price. Additionally, you may evaluate how the addition of Yunnan Chihong to your portfolios can decrease your overall portfolio volatility.
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