Tengda Construction (China) Price on April 23, 2024

600512 Stock   2.67  0.02  0.74%   
Below is the normalized historical share price chart for Tengda Construction Group extending back to December 27, 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 Tengda Construction stands at 2.67, as last reported on the 11th of December 2024, with the highest price reaching 2.75 and the lowest price hitting 2.65 during the day.
IPO Date
26th of December 2002
200 Day MA
2.1388
50 Day MA
2.3652
Beta
0.268
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Tengda Stock, it is important to understand the factors that can impact its price. Tengda Construction appears to be unstable, given 3 months investment horizon. Tengda Construction owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of risk over the last 3 months. By inspecting Tengda Construction's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please review Tengda Construction's Coefficient Of Variation of 490.4, risk adjusted performance of 0.1542, and Semi Deviation of 1.67 to confirm if our risk estimates are consistent with your expectations.
  
At present, Tengda Construction'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 1.9 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.3 B. . Tengda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.253

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Estimated Market Risk

 2.45
  actual daily
21
79% of assets are more volatile

Expected Return

 0.62
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average Tengda Construction is performing at about 19% 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 Tengda Construction by adding it to a well-diversified portfolio.
Price Book
0.6808
Enterprise Value Ebitda
27.0569
Price Sales
1.1221
Shares Float
1.2 B
Wall Street Target Price
6.72

Tengda Construction Valuation on April 23, 2024

It is possible to determine the worth of Tengda Construction on a given historical date. On April 23, 2024 Tengda was worth 1.99 at the beginning of the trading date compared to the closed value of 1.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tengda Construction stock. Still, in general, we apply an absolute valuation method to find Tengda Construction'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 Tengda Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tengda Construction's related companies.
 Open High Low Close Volume
  2.03    2.03    1.98    1.99    12,322,551  
04/23/2024
  1.99    2.01    1.97    1.99    14,260,784  
  2.00    2.01    1.98    2.00    9,670,525  
Backtest Tengda Construction  |  Tengda Construction History  |  Tengda Construction Valuation   PreviousNext  
Open Value
1.99
1.99
Closing Value
9.33
Upside

Tengda Construction Trading Date Momentum on April 23, 2024

On April 24 2024 Tengda Construction Group was traded for  2.00  at the closing time. The highest price during the trading period was 2.01  and the lowest recorded bid was listed for  1.98 . The volume for the day was 9.7 M. This history from April 24, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.50% . The trading price change to the current price is 10.55% .

Tengda Construction Fundamentals Correlations and Trends

By evaluating Tengda Construction'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 Tengda Construction's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tengda financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Tengda Construction Stock history

Tengda Construction 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 Tengda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tengda Construction 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 Tengda Construction stock prices may prove useful in developing a viable investing in Tengda Construction
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.4 B1.3 B
Net Income Applicable To Common Shares19 M18 M

Tengda Construction Quarterly Net Working Capital

3.09 Billion

Tengda Construction Stock Technical Analysis

Tengda Construction 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.
A focus of Tengda Construction technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tengda Construction trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Tengda Construction Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Tengda Construction 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.

Tengda Construction December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Tengda Construction stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tengda Construction shares will generate the highest return on investment. By undertsting and applying Tengda Construction stock market strength indicators, traders can identify Tengda Construction Group entry and exit signals to maximize returns

Tengda Construction Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Tengda Construction's price direction in advance. Along with the technical and fundamental analysis of Tengda Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tengda 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.

Complementary Tools for Tengda Stock analysis

When running Tengda Construction's price analysis, check to measure Tengda Construction'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 Tengda Construction is operating at the current time. Most of Tengda Construction's value examination focuses on studying past and present price action to predict the probability of Tengda Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tengda Construction's price. Additionally, you may evaluate how the addition of Tengda Construction to your portfolios can decrease your overall portfolio volatility.
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