Longjian Road (China) Price on November 24, 2023
| 600853 Stock | 3.69 0.25 6.35% |
Below is the normalized historical share price chart for Longjian Road Bridge extending back to April 04, 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 Longjian Road stands at 3.69, as last reported on the 4th of January, with the highest price reaching 3.96 and the lowest price hitting 3.68 during the day.
If you're considering investing in Longjian Stock, it is important to understand the factors that can impact its price. At this point, Longjian Road is relatively risky. Longjian Road Bridge has Sharpe Ratio of 0.018, which conveys that the firm had a 0.018% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Longjian Road, which you can use to evaluate the volatility of the firm. Please verify Longjian Road's Downside Deviation of 3.57, risk adjusted performance of 0.0666, and Mean Deviation of 2.47 to check out if the risk estimate we provide is consistent with the expected return of 0.0609%.
The current year's Total Stockholder Equity is expected to grow to about 3.3 B, whereas Common Stock is forecasted to decline to about 661.6 M. . Longjian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of January 1994 | 200 Day MA 3.567 | 50 Day MA 4.045 | Beta 0.091 |
Longjian |
Sharpe Ratio = 0.018
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| Cash | Small Risk | Average Risk | 600853 | Huge Risk |
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Estimated Market Risk
| 3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Longjian Road is performing at about 1% 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 Longjian Road by adding it to a well-diversified portfolio.
Price Book 1.0646 | Book Value 2.973 | Enterprise Value 14.8 B | Enterprise Value Ebitda 12.7263 | Price Sales 0.2091 |
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Longjian Road Valuation on November 24, 2023
It is possible to determine the worth of Longjian Road on a given historical date. On November 24, 2023 Longjian was worth 4.25 at the beginning of the trading date compared to the closed value of 4.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Longjian Road stock. Still, in general, we apply an absolute valuation method to find Longjian Road'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 Longjian Road where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Longjian Road's related companies.
| Open | High | Low | Close | Volume | |
| 4.24 | 4.28 | 4.15 | 4.27 | 19,592,997 | |
11/24/2023 | 4.25 | 4.27 | 4.17 | 4.19 | 18,523,333 |
| 4.20 | 4.21 | 4.14 | 4.17 | 14,503,534 |
| Backtest Longjian Road | | | Longjian Road History | | | Longjian Road Valuation | Previous | Next |
Longjian Road Trading Date Momentum on November 24, 2023
| On November 27 2023 Longjian Road Bridge was traded for 4.17 at the closing time. The highest price during the trading period was 4.21 and the lowest recorded bid was listed for 4.14 . The volume for the day was 14.5 M. This history from November 27, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.48% . The trading delta at closing time to the current price is 0.24% . |
Longjian Road Bridge Fundamentals Correlations and Trends
By evaluating Longjian Road'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 Longjian Road's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Longjian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Longjian Road Stock history
Longjian Road 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 Longjian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Longjian Road Bridge 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 Longjian Road stock prices may prove useful in developing a viable investing in Longjian Road
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.2 B | 1.1 B | |
| Net Income Applicable To Common Shares | 402.5 M | 422.6 M |
Longjian Road Stock Technical Analysis
Longjian Road 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
Longjian Road Period Price Range
Low | January 4, 2025
| High |
0.00 | 0.00 |
Longjian Road Bridge 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.
Longjian Road January 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Longjian Road stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Longjian Road shares will generate the highest return on investment. By undertsting and applying Longjian Road stock market strength indicators, traders can identify Longjian Road Bridge entry and exit signals to maximize returns
Longjian Road Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Longjian Road's price direction in advance. Along with the technical and fundamental analysis of Longjian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Longjian 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 | 0.0666 | |||
| Jensen Alpha | 0.2369 | |||
| Total Risk Alpha | 0.1888 | |||
| Sortino Ratio | 0.0642 | |||
| Treynor Ratio | 0.6565 |
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Complementary Tools for Longjian Stock analysis
When running Longjian Road's price analysis, check to measure Longjian Road'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 Longjian Road is operating at the current time. Most of Longjian Road's value examination focuses on studying past and present price action to predict the probability of Longjian Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Longjian Road's price. Additionally, you may evaluate how the addition of Longjian Road to your portfolios can decrease your overall portfolio volatility.
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