Changjiang Publishing (China) Price on March 21, 2024

600757 Stock   9.17  0.22  2.46%   
Below is the normalized historical share price chart for Changjiang Publishing Media extending back to October 03, 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 Changjiang Publishing stands at 9.17, as last reported on the 24th of December, with the highest price reaching 9.20 and the lowest price hitting 8.91 during the day.
IPO Date
20th of September 1996
200 Day MA
8.277
50 Day MA
8.7042
Beta
0.469
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Changjiang Stock, it is important to understand the factors that can impact its price. At this point, Changjiang Publishing is somewhat reliable. Changjiang Publishing secures Sharpe Ratio (or Efficiency) of 0.0478, which signifies that the company had a 0.0478% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Changjiang Publishing Media, which you can use to evaluate the volatility of the firm. Please confirm Changjiang Publishing's risk adjusted performance of 0.0309, and Mean Deviation of 1.68 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
  
The current year's Total Stockholder Equity is expected to grow to about 9.5 B, whereas Common Stock is forecasted to decline to about 936.1 M. . Changjiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0478

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Estimated Market Risk

 2.46
  actual daily
21
79% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Changjiang Publishing is performing at about 3% 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 Changjiang Publishing by adding it to a well-diversified portfolio.
Price Book
1.1716
Enterprise Value Ebitda
9.7425
Price Sales
1.5892
Shares Float
509.3 M
Wall Street Target Price
11.7

Changjiang Publishing Main Headline on 21st of March 2024

National World plc Proposes Final Dividend for the Year 2023, Payable 10 July 2024 Marketscreener.com

Changjiang Publishing Valuation on March 21, 2024

It is possible to determine the worth of Changjiang Publishing on a given historical date. On March 21, 2024 Changjiang was worth 8.32 at the beginning of the trading date compared to the closed value of 8.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Changjiang Publishing stock. Still, in general, we apply an absolute valuation method to find Changjiang Publishing'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 Changjiang Publishing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Changjiang Publishing's related companies.
 Open High Low Close Volume
  8.04    8.31    8.01    8.25    29,449,391  
03/21/2024
  8.32    8.55    8.32    8.40    30,745,438  
  8.32    8.70    8.31    8.60    40,168,802  
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Open Value
8.32
8.4
Closing Value
15.69
Upside

Changjiang Publishing Trading Date Momentum on March 21, 2024

On March 22 2024 Changjiang Publishing Media was traded for  8.60  at the closing time. The highest price during the trading period was 8.70  and the lowest recorded bid was listed for  8.31 . The volume for the day was 40.2 M. This history from March 22, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.38% . The overall trading delta to the current price is 4.17% .

Changjiang Publishing Fundamentals Correlations and Trends

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

About Changjiang Publishing Stock history

Changjiang Publishing 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 Changjiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Changjiang Publishing 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 Changjiang Publishing stock prices may prove useful in developing a viable investing in Changjiang Publishing
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.1 B970.9 M
Net Income Applicable To Common Shares838.7 M443.2 M

Changjiang Publishing Quarterly Net Working Capital

2.6 Billion

Changjiang Publishing Stock Technical Analysis

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

Changjiang Publishing Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Changjiang Publishing Media 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.

Changjiang Publishing December 24, 2024 Market Strength

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

Changjiang Publishing Technical and Predictive Indicators

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

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