Yangmei Chemical (China) Price on December 2, 2024
| 600691 Stock | 2.22 0.01 0.45% |
Below is the normalized historical share price chart for Yangmei Chemical Co extending back to May 06, 1996. 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 Yangmei Chemical stands at 2.22, as last reported on the 2nd of January, with the highest price reaching 2.28 and the lowest price hitting 2.21 during the day.
If you're considering investing in Yangmei Stock, it is important to understand the factors that can impact its price. Yangmei Chemical shows Sharpe Ratio of -0.0249, which attests that the company had a -0.0249% return per unit of risk over the last 3 months. Yangmei Chemical exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yangmei Chemical's Mean Deviation of 2.83, downside deviation of 3.46, and Market Risk Adjusted Performance of (0.81) to validate the risk estimate we provide.
At present, Yangmei Chemical's Common Stock 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 16 M, whereas Total Stockholder Equity is forecasted to decline to about 3.4 B. . Yangmei Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of December 1989 | 200 Day MA 2.0813 | 50 Day MA 2.4224 | Beta 0.649 |
Yangmei |
Sharpe Ratio = -0.0249
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 600691 |
Estimated Market Risk
| 3.47 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yangmei Chemical 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 Yangmei Chemical by adding Yangmei Chemical to a well-diversified portfolio.
Price Book 1.2359 | Enterprise Value Ebitda 14.1638 | Price Sales 0.5936 | Shares Float 1.2 B | Wall Street Target Price 4.18 |
Yangmei Chemical Main Headline on 2nd of December 2024
3 Stocks That May Be Trading Below Estimated Value In Decemb... by news.google.com
3 Stocks That May Be Trading Below Estimated Value In December 2024 Yahoo Finance
Yangmei Chemical Valuation on December 2, 2024
It is possible to determine the worth of Yangmei Chemical on a given historical date. On December 2, 2024 Yangmei was worth 2.37 at the beginning of the trading date compared to the closed value of 2.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yangmei Chemical stock. Still, in general, we apply an absolute valuation method to find Yangmei Chemical'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 Yangmei Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yangmei Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 2.37 | 2.40 | 2.29 | 2.38 | 29,945,958 | |
12/02/2024 | 2.37 | 2.52 | 2.36 | 2.51 | 46,612,736 |
| 2.50 | 2.51 | 2.42 | 2.50 | 29,257,559 |
| Backtest Yangmei Chemical | | | Yangmei Chemical History | | | Yangmei Chemical Valuation | Previous | Next |
Yangmei Chemical Trading Date Momentum on December 2, 2024
| On December 03 2024 Yangmei Chemical Co was traded for 2.50 at the closing time. The highest price during the trading period was 2.51 and the lowest recorded bid was listed for 2.42 . The volume for the day was 29.3 M. This history from December 3, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.40% . The trading price change to the current price is 14.34% . |
Yangmei Chemical Fundamentals Correlations and Trends
By evaluating Yangmei Chemical'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 Yangmei Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yangmei financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yangmei Chemical Stock history
Yangmei Chemical 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 Yangmei is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yangmei Chemical 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 Yangmei Chemical stock prices may prove useful in developing a viable investing in Yangmei Chemical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.7 B | 2.5 B | |
| Net Income Applicable To Common Shares | 80.5 M | 84.5 M |
Yangmei Chemical Stock Technical Analysis
Yangmei Chemical 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
Yangmei Chemical Period Price Range
Low | January 2, 2025
| High |
0.00 | 0.00 |
Yangmei Chemical Co 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.
Yangmei Chemical January 2, 2025 Market Strength
Market strength indicators help investors to evaluate how Yangmei Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yangmei Chemical shares will generate the highest return on investment. By undertsting and applying Yangmei Chemical stock market strength indicators, traders can identify Yangmei Chemical Co entry and exit signals to maximize returns
Yangmei Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yangmei Chemical's price direction in advance. Along with the technical and fundamental analysis of Yangmei Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yangmei 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 | 0.0884 | |||
| Jensen Alpha | 0.3709 | |||
| Total Risk Alpha | 0.3666 | |||
| Sortino Ratio | 0.1068 | |||
| Treynor Ratio | (0.82) |
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Complementary Tools for Yangmei Stock analysis
When running Yangmei Chemical's price analysis, check to measure Yangmei Chemical'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 Yangmei Chemical is operating at the current time. Most of Yangmei Chemical's value examination focuses on studying past and present price action to predict the probability of Yangmei Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yangmei Chemical's price. Additionally, you may evaluate how the addition of Yangmei Chemical to your portfolios can decrease your overall portfolio volatility.
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