Lao Feng (China) Price on September 30, 2024
600612 Stock | 52.49 0.12 0.23% |
Below is the normalized historical share price chart for Lao Feng Xiang extending back to August 14, 1992. 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 Lao Feng stands at 52.49, as last reported on the 6th of January, with the highest price reaching 53.59 and the lowest price hitting 51.37 during the day.
If you're considering investing in Lao Stock, it is important to understand the factors that can impact its price. Lao Feng Xiang has Sharpe Ratio of -0.0744, which conveys that the firm had a -0.0744% return per unit of risk over the last 3 months. Lao Feng exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lao Feng's Risk Adjusted Performance of (0.01), mean deviation of 2.26, and Standard Deviation of 3.18 to check out the risk estimate we provide.
The current year's Total Stockholder Equity is expected to grow to about 14 B, whereas Common Stock is forecasted to decline to about 436.1 M. . Lao Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of June 1992 | 200 Day MA 61.0937 | 50 Day MA 52.4318 | Beta 0.623 |
Lao |
Sharpe Ratio = -0.0744
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 600612 |
Estimated Market Risk
3.0 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lao Feng is not performing at its full potential. However, 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 Lao Feng by adding Lao Feng to a well-diversified portfolio.
Price Book 2.2215 | Enterprise Value Ebitda 3.8881 | Price Sales 0.3548 | Shares Float 296.3 M | Wall Street Target Price 53.34 |
Lao Feng Valuation on September 30, 2024
It is possible to determine the worth of Lao Feng on a given historical date. On September 30, 2024 Lao was worth 59.42 at the beginning of the trading date compared to the closed value of 62.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lao Feng stock. Still, in general, we apply an absolute valuation method to find Lao Feng'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 Lao Feng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lao Feng's related companies.
Open | High | Low | Close | Volume | |
55.93 | 58.58 | 55.66 | 57.97 | 2,855,658 | |
09/30/2024 | 59.42 | 63.66 | 58.58 | 62.86 | 5,101,365 |
69.01 | 69.05 | 60.36 | 62.18 | 6,519,047 |
Backtest Lao Feng | | | Lao Feng History | | | Lao Feng Valuation | Previous | Next |
Lao Feng Trading Date Momentum on September 30, 2024
On October 08 2024 Lao Feng Xiang was traded for 62.18 at the closing time. The highest price during the trading period was 69.05 and the lowest recorded bid was listed for 60.36 . The volume for the day was 6.5 M. This history from October 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.08% . The trading delta at closing time to the current price is 7.17% . |
Lao Feng Xiang Fundamentals Correlations and Trends
By evaluating Lao Feng'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 Lao Feng's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lao financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lao Feng Stock history
Lao Feng 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 Lao is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lao Feng Xiang 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 Lao Feng stock prices may prove useful in developing a viable investing in Lao Feng
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 470.8 M | 418.5 M | |
Net Income Applicable To Common Shares | 2 B | 2.1 B |
Lao Feng Quarterly Net Working Capital |
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Lao Feng Stock Technical Analysis
Lao Feng 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
Lao Feng Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Lao Feng Xiang 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.
Lao Feng January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Lao Feng stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lao Feng shares will generate the highest return on investment. By undertsting and applying Lao Feng stock market strength indicators, traders can identify Lao Feng Xiang entry and exit signals to maximize returns
Lao Feng Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lao Feng's price direction in advance. Along with the technical and fundamental analysis of Lao Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lao 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 | (0.01) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | (0.22) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Lao Stock analysis
When running Lao Feng's price analysis, check to measure Lao Feng'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 Lao Feng is operating at the current time. Most of Lao Feng's value examination focuses on studying past and present price action to predict the probability of Lao Feng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lao Feng's price. Additionally, you may evaluate how the addition of Lao Feng to your portfolios can decrease your overall portfolio volatility.
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