Sichuan Changhong (China) Price on November 25, 2024
| 600839 Stock | 8.57 0.24 2.72% |
Below is the normalized historical share price chart for Sichuan Changhong Electric extending back to March 11, 1994. 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 Sichuan Changhong stands at 8.57, as last reported on the 7th of January, with the highest price reaching 8.86 and the lowest price hitting 8.48 during the day.
If you're considering investing in Sichuan Stock, it is important to understand the factors that can impact its price. Sichuan Changhong appears to be moderately volatile, given 3 months investment horizon. Sichuan Changhong owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. By inspecting Sichuan Changhong's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please review Sichuan Changhong's Risk Adjusted Performance of 0.144, semi deviation of 4.33, and Coefficient Of Variation of 597.9 to confirm if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 113.9 M, whereas Total Stockholder Equity is forecasted to decline to about 13.3 B. . Sichuan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of October 1988 | 200 Day MA 6.8262 | 50 Day MA 11.8302 | Beta (0.01) |
Sichuan |
Sharpe Ratio = 0.1246
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600839 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.64 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Sichuan Changhong 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 Sichuan Changhong by adding it to a well-diversified portfolio.
Price Book 2.8572 | Enterprise Value Ebitda 13.9132 | Price Sales 0.3805 | Shares Float 3.5 B | Wall Street Target Price 3.08 |
Sichuan Changhong Valuation on November 25, 2024
It is possible to determine the worth of Sichuan Changhong on a given historical date. On November 25, 2024 Sichuan was worth 11.66 at the beginning of the trading date compared to the closed value of 11.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sichuan Changhong stock. Still, in general, we apply an absolute valuation method to find Sichuan Changhong'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 Sichuan Changhong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sichuan Changhong's related companies.
| Open | High | Low | Close | Volume | |
| 13.27 | 13.30 | 12.09 | 12.11 | 876,743,839 | |
11/25/2024 | 11.66 | 11.98 | 11.18 | 11.44 | 524,067,957 |
| 11.31 | 11.66 | 10.98 | 10.99 | 437,815,270 |
| Backtest Sichuan Changhong | | | Sichuan Changhong History | | | Sichuan Changhong Valuation | Previous | Next |
Sichuan Changhong Trading Date Momentum on November 25, 2024
| On November 26 2024 Sichuan Changhong Electric was traded for 10.99 at the closing time. The highest price during the trading period was 11.66 and the lowest recorded bid was listed for 10.98 . The volume for the day was 437.8 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.93% . The trading price change to the current price is 3.67% . |
Sichuan Changhong Fundamentals Correlations and Trends
By evaluating Sichuan Changhong'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 Sichuan Changhong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sichuan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sichuan Changhong Stock history
Sichuan Changhong 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 Sichuan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sichuan Changhong 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 Sichuan Changhong stock prices may prove useful in developing a viable investing in Sichuan Changhong
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.2 B | 3.7 B | |
| Net Income Applicable To Common Shares | 256.1 M | 269 M |
Sichuan Changhong Quarterly Net Working Capital |
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Sichuan Changhong Stock Technical Analysis
Sichuan Changhong 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
Sichuan Changhong Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Sichuan Changhong 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.
Sichuan Changhong January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Sichuan Changhong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sichuan Changhong shares will generate the highest return on investment. By undertsting and applying Sichuan Changhong stock market strength indicators, traders can identify Sichuan Changhong Electric entry and exit signals to maximize returns
Sichuan Changhong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sichuan Changhong's price direction in advance. Along with the technical and fundamental analysis of Sichuan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sichuan 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 | 0.144 | |||
| Jensen Alpha | 0.9904 | |||
| Total Risk Alpha | 0.8314 | |||
| Sortino Ratio | 0.1934 | |||
| Treynor Ratio | (0.59) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sichuan Stock analysis
When running Sichuan Changhong's price analysis, check to measure Sichuan Changhong'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 Sichuan Changhong is operating at the current time. Most of Sichuan Changhong's value examination focuses on studying past and present price action to predict the probability of Sichuan Changhong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sichuan Changhong's price. Additionally, you may evaluate how the addition of Sichuan Changhong to your portfolios can decrease your overall portfolio volatility.
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