Changchun Faway (China) Price on May 29, 2024
| 600742 Stock | 9.32 0.04 0.43% |
Below is the normalized historical share price chart for Changchun Faway Automobile extending back to August 26, 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 Changchun Faway stands at 9.32, as last reported on the 21st of December, with the highest price reaching 9.39 and the lowest price hitting 9.22 during the day.
If you're considering investing in Changchun Stock, it is important to understand the factors that can impact its price. Changchun Faway appears to be somewhat reliable, given 3 months investment horizon. Changchun Faway Auto secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Changchun Faway Automobile, which you can use to evaluate the volatility of the firm. Please makes use of Changchun Faway's mean deviation of 1.74, and Risk Adjusted Performance of 0.1374 to double-check if our risk estimates are consistent with your expectations.
At present, Changchun Faway'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 808 M, whereas Capital Stock is forecasted to decline to about 703 M. . Changchun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of August 1996 | 200 Day MA 8.4399 | 50 Day MA 9.2782 | Beta 0.569 |
Changchun |
Sharpe Ratio = 0.1497
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600742 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.41 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Changchun Faway is performing at about 11% 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 Changchun Faway by adding it to a well-diversified portfolio.
Price Book 0.8163 | Enterprise Value Ebitda 0.4249 | Price Sales 0.3499 | Shares Float 421.5 M | Wall Street Target Price 21 |
Changchun Faway Valuation on May 29, 2024
It is possible to determine the worth of Changchun Faway on a given historical date. On May 29, 2024 Changchun was worth 8.3 at the beginning of the trading date compared to the closed value of 8.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Changchun Faway stock. Still, in general, we apply an absolute valuation method to find Changchun Faway'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 Changchun Faway where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Changchun Faway's related companies.
| Open | High | Low | Close | Volume | |
| 8.47 | 8.47 | 8.27 | 8.28 | 7,718,768 | |
05/29/2024 | 8.30 | 8.40 | 8.27 | 8.38 | 6,984,725 |
| 8.31 | 8.46 | 8.31 | 8.35 | 5,058,290 |
| Backtest Changchun Faway | | | Changchun Faway History | | | Changchun Faway Valuation | Previous | Next |
Changchun Faway Trading Date Momentum on May 29, 2024
| On May 30 2024 Changchun Faway Automobile was traded for 8.35 at the closing time. The highest price during the trading period was 8.46 and the lowest recorded bid was listed for 8.31 . The volume for the day was 5.1 M. This history from May 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.36% . The overall trading delta to the current price is 4.18% . |
Changchun Faway Auto Fundamentals Correlations and Trends
By evaluating Changchun Faway'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 Changchun Faway's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Changchun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Changchun Faway Stock history
Changchun Faway 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 Changchun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Changchun Faway Auto 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 Changchun Faway stock prices may prove useful in developing a viable investing in Changchun Faway
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 743.1 M | 754.1 M | |
| Net Income Applicable To Common Shares | 757.7 M | 795.6 M |
Changchun Faway Quarterly Net Working Capital |
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Changchun Faway Stock Technical Analysis
Changchun Faway 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
Changchun Faway Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Changchun Faway Automobile 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.
Changchun Faway December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Changchun Faway stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Changchun Faway shares will generate the highest return on investment. By undertsting and applying Changchun Faway stock market strength indicators, traders can identify Changchun Faway Automobile entry and exit signals to maximize returns
Changchun Faway Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Changchun Faway's price direction in advance. Along with the technical and fundamental analysis of Changchun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Changchun 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 | 0.1374 | |||
| Jensen Alpha | 0.3839 | |||
| Total Risk Alpha | 0.3098 | |||
| Sortino Ratio | 0.1439 | |||
| Treynor Ratio | (0.94) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Changchun Stock analysis
When running Changchun Faway's price analysis, check to measure Changchun Faway'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 Changchun Faway is operating at the current time. Most of Changchun Faway's value examination focuses on studying past and present price action to predict the probability of Changchun Faway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changchun Faway's price. Additionally, you may evaluate how the addition of Changchun Faway to your portfolios can decrease your overall portfolio volatility.
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