Time Publishing (China) Price on August 20, 2024

600551 Stock   9.37  0.06  0.64%   
Below is the normalized historical share price chart for Time Publishing and extending back to September 05, 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 Time Publishing stands at 9.37, as last reported on the 19th of December, with the highest price reaching 9.57 and the lowest price hitting 9.25 during the day.
IPO Date
21st of August 2002
200 Day MA
8.2076
50 Day MA
8.7336
Beta
0.435
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Time Stock, it is important to understand the factors that can impact its price. Time Publishing appears to be somewhat reliable, given 3 months investment horizon. Time Publishing owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Time Publishing and, which you can use to evaluate the volatility of the company. Please review Time Publishing's Risk Adjusted Performance of 0.0924, coefficient of variation of 925.31, and Semi Deviation of 2.33 to confirm if our risk estimates are consistent with your expectations.
  
As of December 19, 2024, Total Stockholder Equity is expected to decline to about 2.9 B. In addition to that, Common Stock is expected to decline to about 363.8 M. Time Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1279

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Estimated Market Risk

 2.41
  actual daily
21
79% of assets are more volatile

Expected Return

 0.31
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Time Publishing is performing at about 10% 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 Time Publishing by adding it to a well-diversified portfolio.
Price Book
1.1188
Enterprise Value Ebitda
5.5255
Price Sales
0.7286
Shares Float
213 M
Wall Street Target Price
11.31

Time Publishing Main Headline on 20th of August 2024

Black Myth Wukong lifts stock prices of gaming companies, as Chinese game sector marks new milestone Global Times

Time Publishing Valuation on August 20, 2024

It is possible to determine the worth of Time Publishing on a given historical date. On August 20, 2024 Time was worth 7.69 at the beginning of the trading date compared to the closed value of 7.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Time Publishing stock. Still, in general, we apply an absolute valuation method to find Time Publishing'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 Time Publishing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Time Publishing's related companies.
 Open High Low Close Volume
  7.63    7.77    7.62    7.73    2,440,540  
08/20/2024
  7.69    7.83    7.64    7.76    3,826,740  
  7.81    7.92    7.70    7.77    5,906,144  
Backtest Time Publishing  |  Time Publishing History  |  Time Publishing Valuation   PreviousNext  
Open Value
7.69
7.76
Closing Value
14.91
Upside

Time Publishing Trading Date Momentum on August 20, 2024

On August 21 2024 Time Publishing and was traded for  7.77  at the closing time. The highest price during the trading period was 7.92  and the lowest recorded bid was listed for  7.70 . The volume for the day was 5.9 M. This history from August 21, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.13% . The trading price change to the current price is 0.52% .

Time Publishing Fundamentals Correlations and Trends

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

About Time Publishing Stock history

Time Publishing 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 Time is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Time Publishing 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 Time Publishing stock prices may prove useful in developing a viable investing in Time Publishing
Last ReportedProjected for Next Year
Common Stock Shares Outstanding678.1 M580.1 M
Net Income Applicable To Common Shares396 M234 M

Time Publishing Quarterly Net Working Capital

4.05 Billion

Time Publishing Stock Technical Analysis

Time Publishing 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 Time Publishing technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Time Publishing 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

Time Publishing Period Price Range

Low
December 19, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Time Publishing and 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.

Time Publishing December 19, 2024 Market Strength

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

Time Publishing Technical and Predictive Indicators

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

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