Wuhan Xianglong (China) Price on September 9, 2024

600769 Stock   11.39  0.31  2.65%   
Below is the normalized historical share price chart for Wuhan Xianglong Power extending back to November 15, 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 Wuhan Xianglong stands at 11.39, as last reported on the 12th of December 2024, with the highest price reaching 11.61 and the lowest price hitting 11.20 during the day.
IPO Date
15th of October 1996
200 Day MA
7.8681
50 Day MA
11.0518
Beta
0.533
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Wuhan Stock, it is important to understand the factors that can impact its price. Wuhan Xianglong is slightly risky given 3 months investment horizon. Wuhan Xianglong Power shows Sharpe Ratio of 0.2, which attests that the company had a 0.2% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.08% are justified by taking the suggested risk. Use Wuhan Xianglong Power Market Risk Adjusted Performance of (1.33), downside deviation of 5.26, and Mean Deviation of 3.94 to evaluate company specific risk that cannot be diversified away.
  
As of December 12, 2024, Total Stockholder Equity is expected to decline to about 85.6 M. In addition to that, Common Stock is expected to decline to about 404.6 M. Wuhan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2012

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Estimated Market Risk

 5.35
  actual daily
47
53% of assets are more volatile

Expected Return

 1.08
  actual daily
21
79% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average Wuhan Xianglong is performing at about 15% 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 Wuhan Xianglong by adding it to a well-diversified portfolio.
Price Book
41.9986
Book Value
0.271
Enterprise Value
4.1 B
Enterprise Value Ebitda
243.706
Price Sales
59.4593

Wuhan Xianglong Valuation on September 9, 2024

It is possible to determine the worth of Wuhan Xianglong on a given historical date. On September 9, 2024 Wuhan was worth 6.6 at the beginning of the trading date compared to the closed value of 6.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wuhan Xianglong stock. Still, in general, we apply an absolute valuation method to find Wuhan Xianglong'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 Wuhan Xianglong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wuhan Xianglong's related companies.
 Open High Low Close Volume
  6.42    6.99    6.37    6.80    10,247,600  
09/09/2024
  6.60    6.60    6.39    6.48    7,684,000  
  6.53    6.58    6.33    6.43    4,645,194  
Backtest Wuhan Xianglong  |  Wuhan Xianglong History  |  Wuhan Xianglong Valuation   PreviousNext  
Open Value
6.6
6.48
Closing Value
22.64
Upside

Wuhan Xianglong Trading Date Momentum on September 9, 2024

On September 10 2024 Wuhan Xianglong Power was traded for  6.43  at the closing time. The highest price during the trading period was 6.58  and the lowest recorded bid was listed for  6.33 . The volume for the day was 4.6 M. This history from September 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.77% . The trading price change to the current price is 4.17% .

Wuhan Xianglong Power Fundamentals Correlations and Trends

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

About Wuhan Xianglong Stock history

Wuhan Xianglong 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 Wuhan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wuhan Xianglong Power 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 Wuhan Xianglong stock prices may prove useful in developing a viable investing in Wuhan Xianglong
Last ReportedProjected for Next Year
Common Stock Shares Outstanding337.5 M300 M
Net Income Applicable To Common Shares9.6 M9.1 M

Wuhan Xianglong Stock Technical Analysis

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

Wuhan Xianglong Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Wuhan Xianglong Power 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.

Wuhan Xianglong December 12, 2024 Market Strength

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

Wuhan Xianglong Technical and Predictive Indicators

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

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