Changjiang Publishing (China) Price on March 27, 2024
600757 Stock | 9.48 0.16 1.72% |
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 9.48, as last reported on the 26th of December, with the highest price reaching 9.55 and the lowest price hitting 9.32 during the day.
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 0.0597, which signifies that the company had a 0.0597% 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 0.0713, and Mean Deviation of 1.73 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
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.
IPO Date 20th of September 1996 | 200 Day MA 8.2988 | 50 Day MA 8.7394 | Beta 0.469 |
Changjiang |
Sharpe Ratio = 0.0597
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Cash | Small Risk | 600757 | High Risk | Huge Risk |
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Estimated Market Risk
2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Changjiang Publishing is performing at about 4% 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 1.2409 | Enterprise Value Ebitda 10.3915 | Price Sales 1.6417 | Shares Float 509.3 M | Wall Street Target Price 11.7 |
Changjiang Publishing Main Headline on 27th of March 2024
Saudi Research And Media Posts Lower FY23 Net Profit Revenue... by news.google.com
Saudi Research And Media Posts Lower FY23 Net Profit Revenue Up Marketscreener.com
Changjiang Publishing Valuation on March 27, 2024
It is possible to determine the worth of Changjiang Publishing on a given historical date. On March 27, 2024 Changjiang was worth 8.06 at the beginning of the trading date compared to the closed value of 7.86. 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 | |
8.17 | 8.27 | 7.99 | 8.09 | 20,305,649 | |
03/27/2024 | 8.06 | 8.12 | 7.84 | 7.86 | 21,514,373 |
7.85 | 8.18 | 7.81 | 8.09 | 23,019,587 |
Backtest Changjiang Publishing | | | Changjiang Publishing History | | | Changjiang Publishing Valuation | Previous | Next |
Changjiang Publishing Trading Date Momentum on March 27, 2024
On March 28 2024 Changjiang Publishing Media was traded for 8.09 at the closing time. The highest price during the trading period was 8.18 and the lowest recorded bid was listed for 7.81 . The volume for the day was 23 M. This history from March 28, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.93% . The overall trading delta to the current price is 0.13% . |
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 1.1 B | 970.9 M | |
Net Income Applicable To Common Shares | 838.7 M | 443.2 M |
Changjiang Publishing Quarterly Net Working Capital |
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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.
Price Boundaries
Changjiang Publishing Period Price Range
Low | December 26, 2024
| 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 26, 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.
Risk Adjusted Performance | 0.0713 | |||
Jensen Alpha | 0.1873 | |||
Total Risk Alpha | 0.0547 | |||
Sortino Ratio | 0.0572 | |||
Treynor Ratio | (6.37) |
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volatility Indicators | ||
Volume Indicators |
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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