Datang HuaYin (China) Price on December 10, 2024

600744 Stock   3.41  0.09  2.57%   
Below is the normalized historical share price chart for Datang HuaYin Electric extending back to September 12, 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 Datang HuaYin stands at 3.41, as last reported on the 20th of December, with the highest price reaching 3.51 and the lowest price hitting 3.37 during the day.
IPO Date
22nd of August 1996
200 Day MA
3.2641
50 Day MA
3.4256
Beta
0.436
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Datang Stock, it is important to understand the factors that can impact its price. Datang HuaYin appears to be unstable, given 3 months investment horizon. Datang HuaYin Electric secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Datang HuaYin Electric, which you can use to evaluate the volatility of the firm. Please utilize Datang HuaYin's Downside Deviation of 2.93, coefficient of variation of 800.22, and Mean Deviation of 2.0 to check if our risk estimates are consistent with your expectations.
  
The current year's Total Stockholder Equity is expected to grow to about 1.9 B, whereas Common Stock is forecasted to decline to about 1.2 B. . Datang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1269

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Estimated Market Risk

 2.92
  actual daily
26
74% of assets are more volatile

Expected Return

 0.37
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
9
91% of assets perform better
Based on monthly moving average Datang HuaYin is performing at about 9% 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 Datang HuaYin by adding it to a well-diversified portfolio.
Price Book
3.9687
Book Value
0.605
Enterprise Value
25.8 B
Enterprise Value Ebitda
71.7812
Price Sales
0.84

Datang HuaYin Valuation on December 10, 2024

It is possible to determine the worth of Datang HuaYin on a given historical date. On December 10, 2024 Datang was worth 3.65 at the beginning of the trading date compared to the closed value of 3.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Datang HuaYin stock. Still, in general, we apply an absolute valuation method to find Datang HuaYin'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 Datang HuaYin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Datang HuaYin's related companies.
 Open High Low Close Volume
  3.61    3.65    3.52    3.57    41,113,242  
12/10/2024
  3.65    3.66    3.54    3.55    38,471,554  
  3.56    3.67    3.53    3.64    48,772,074  
Backtest Datang HuaYin  |  Datang HuaYin History  |  Datang HuaYin Valuation   PreviousNext  
Open Value
3.65
3.55
Closing Value
12.41
Upside

Datang HuaYin Trading Date Momentum on December 10, 2024

On December 11 2024 Datang HuaYin Electric was traded for  3.64  at the closing time. The highest price during the trading period was 3.67  and the lowest recorded bid was listed for  3.53 . The volume for the day was 48.8 M. This history from December 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.54% . The overall trading delta to the current price is 1.97% .

Datang HuaYin Electric Fundamentals Correlations and Trends

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

About Datang HuaYin Stock history

Datang HuaYin 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 Datang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Datang HuaYin Electric 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 Datang HuaYin stock prices may prove useful in developing a viable investing in Datang HuaYin
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.3 BB
Net Loss-2 B-1.9 B

Datang HuaYin Stock Technical Analysis

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

Datang HuaYin Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Datang HuaYin Electric 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.

Datang HuaYin December 20, 2024 Market Strength

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

Datang HuaYin Technical and Predictive Indicators

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

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