Tengda Construction (China) Price on October 31, 2024
| 600512 Stock | 2.57 0.03 1.18% |
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 2.57, as last reported on the 4th of December, with the highest price reaching 2.57 and the lowest price hitting 2.52 during the day.
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 0.23, which indicates the firm had a 0.23% 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 0.53% is justified by implied risk. Please review Tengda Construction's Semi Deviation of 1.69, coefficient of variation of 508.91, and Risk Adjusted Performance of 0.1565 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.
IPO Date 26th of December 2002 | 200 Day MA 2.1303 | 50 Day MA 2.3126 | Beta 0.268 |
Tengda |
Sharpe Ratio = 0.2297
| Best Portfolio | Best Equity | |||
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| Small Returns | 600512 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Tengda Construction is performing at about 18% 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 0.6505 | Enterprise Value Ebitda 24.5941 | Price Sales 1.0549 | Shares Float 1.2 B | Wall Street Target Price 6.72 |
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Tengda Construction Valuation on October 31, 2024
It is possible to determine the worth of Tengda Construction on a given historical date. On October 31, 2024 Tengda was worth 2.37 at the beginning of the trading date compared to the closed value of 2.41. 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 | |
| 2.34 | 2.39 | 2.32 | 2.37 | 27,360,600 | |
10/31/2024 | 2.37 | 2.43 | 2.35 | 2.41 | 51,133,360 |
| 2.41 | 2.46 | 2.36 | 2.37 | 39,355,100 |
| Backtest Tengda Construction | | | Tengda Construction History | | | Tengda Construction Valuation | Previous | Next |
Tengda Construction Trading Date Momentum on October 31, 2024
| On November 01 2024 Tengda Construction Group was traded for 2.37 at the closing time. The highest price during the trading period was 2.46 and the lowest recorded bid was listed for 2.36 . The volume for the day was 39.4 M. This history from November 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.66% . The trading price change to the current price is 4.98% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 B | 1.3 B | |
| Net Income Applicable To Common Shares | 19 M | 18 M |
Tengda Construction Quarterly Net Working Capital |
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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.
Price Boundaries
Tengda Construction Period Price Range
Low | December 4, 2024
| 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 4, 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.
| Risk Adjusted Performance | 0.1565 | |||
| Jensen Alpha | 0.4406 | |||
| Total Risk Alpha | 0.1253 | |||
| Sortino Ratio | 0.1438 | |||
| Treynor Ratio | (2.91) |
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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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