Anyang Iron (China) Price on November 14, 2024
| 600569 Stock | 2.10 0.04 1.87% |
Below is the normalized historical share price chart for Anyang Iron Steel extending back to October 12, 2001. 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 Anyang Iron stands at 2.10, as last reported on the 13th of December 2024, with the highest price reaching 2.15 and the lowest price hitting 2.07 during the day.
If you're considering investing in Anyang Stock, it is important to understand the factors that can impact its price. Anyang Iron appears to be very risky, given 3 months investment horizon. Anyang Iron Steel secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of risk over the last 3 months. By analyzing Anyang Iron's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please makes use of Anyang Iron's Risk Adjusted Performance of 0.148, mean deviation of 2.69, and Downside Deviation of 3.09 to double-check if our risk estimates are consistent with your expectations.
At present, Anyang Iron'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 77.5 M, whereas Common Stock is forecasted to decline to about 2.4 B. . Anyang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of August 2001 | 200 Day MA 1.6765 | 50 Day MA 1.8766 | Beta 0.583 |
Anyang |
Sharpe Ratio = 0.2287
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 600569 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.83 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.88 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Anyang Iron 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 Anyang Iron by adding it to a well-diversified portfolio.
Price Book 1.6101 | Enterprise Value Ebitda (4.08) | Price Sales 0.1963 | Shares Float 946 M | Wall Street Target Price 5 |
Anyang Iron Valuation on November 14, 2024
It is possible to determine the worth of Anyang Iron on a given historical date. On November 14, 2024 Anyang was worth 1.97 at the beginning of the trading date compared to the closed value of 1.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Anyang Iron stock. Still, in general, we apply an absolute valuation method to find Anyang Iron'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 Anyang Iron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Anyang Iron's related companies.
| Open | High | Low | Close | Volume | |
| 1.98 | 2.01 | 1.93 | 1.97 | 36,355,488 | |
11/14/2024 | 1.97 | 1.98 | 1.90 | 1.91 | 25,414,713 |
| 1.90 | 1.92 | 1.85 | 1.87 | 30,567,262 |
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Anyang Iron Trading Date Momentum on November 14, 2024
| On November 15 2024 Anyang Iron Steel was traded for 1.87 at the closing time. The highest price during the trading period was 1.92 and the lowest recorded bid was listed for 1.85 . The volume for the day was 30.6 M. This history from November 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.09% . The overall trading delta to the current price is 4.19% . |
Anyang Iron Steel Fundamentals Correlations and Trends
By evaluating Anyang Iron'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 Anyang Iron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Anyang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Anyang Iron Stock history
Anyang Iron 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 Anyang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Anyang Iron Steel 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 Anyang Iron stock prices may prove useful in developing a viable investing in Anyang Iron
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.3 B | 3 B | |
| Net Income Applicable To Common Shares | 925.5 M | 971.8 M |
Anyang Iron Stock Technical Analysis
Anyang Iron 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
Anyang Iron Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Anyang Iron Steel 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.
Anyang Iron December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Anyang Iron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Anyang Iron shares will generate the highest return on investment. By undertsting and applying Anyang Iron stock market strength indicators, traders can identify Anyang Iron Steel entry and exit signals to maximize returns
Anyang Iron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Anyang Iron's price direction in advance. Along with the technical and fundamental analysis of Anyang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Anyang 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 | 0.148 | |||
| Jensen Alpha | 0.8258 | |||
| Total Risk Alpha | 0.1817 | |||
| Sortino Ratio | 0.1911 | |||
| Treynor Ratio | (0.53) |
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| Volume Indicators |
Complementary Tools for Anyang Stock analysis
When running Anyang Iron's price analysis, check to measure Anyang Iron'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 Anyang Iron is operating at the current time. Most of Anyang Iron's value examination focuses on studying past and present price action to predict the probability of Anyang Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anyang Iron's price. Additionally, you may evaluate how the addition of Anyang Iron to your portfolios can decrease your overall portfolio volatility.
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