Heilongjiang Transport (China) Price on July 18, 2024
| 601188 Stock | 4.05 0.18 4.65% |
Below is the normalized historical share price chart for Heilongjiang Transport Development extending back to January 04, 2000. 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 Heilongjiang Transport stands at 4.05, as last reported on the 11th of December 2024, with the highest price reaching 4.08 and the lowest price hitting 3.87 during the day.
If you're considering investing in Heilongjiang Stock, it is important to understand the factors that can impact its price. Heilongjiang Transport appears to be relatively risky, given 3 months investment horizon. Heilongjiang Transport holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. By evaluating Heilongjiang Transport's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize Heilongjiang Transport's Downside Deviation of 2.91, market risk adjusted performance of (3.95), and Risk Adjusted Performance of 0.1131 to validate if our risk estimates are consistent with your expectations.
As of December 11, 2024, Total Stockholder Equity is expected to decline to about 4.1 B. In addition to that, Common Stock is expected to decline to about 1.4 B. Heilongjiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of March 2010 | 200 Day MA 3.4151 | 50 Day MA 3.4118 | Beta 0.112 |
Heilongjiang |
Sharpe Ratio = 0.199
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601188 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.73 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Heilongjiang Transport 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 Heilongjiang Transport by adding it to a well-diversified portfolio.
Price Book 1.1576 | Book Value 3.509 | Enterprise Value 4.3 B | Enterprise Value Ebitda 21.5391 | Price Sales 8.5242 |
Heilongjiang Transport Main Headline on 18th of July 2024
Heilongjiang Transport Development Co., Ltd.s Has Been On A ... by news.google.com
Heilongjiang Transport Development Co., Ltd.s Has Been On A Rise But Financial Prospects Look Weak Is The Stock Overpriced Simply Wall St
Heilongjiang Transport Valuation on July 18, 2024
It is possible to determine the worth of Heilongjiang Transport on a given historical date. On July 18, 2024 Heilongjiang was worth 3.11 at the beginning of the trading date compared to the closed value of 3.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Heilongjiang Transport stock. Still, in general, we apply an absolute valuation method to find Heilongjiang Transport'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 Heilongjiang Transport where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Heilongjiang Transport's related companies.
| Open | High | Low | Close | Volume | |
| 3.22 | 3.27 | 3.15 | 3.16 | 24,737,929 | |
07/18/2024 | 3.11 | 3.48 | 3.07 | 3.48 | 48,570,405 |
| 3.48 | 3.49 | 3.35 | 3.36 | 66,824,118 |
| Backtest Heilongjiang Transport | | | Heilongjiang Transport History | | | Heilongjiang Transport Valuation | Previous | Next |
Heilongjiang Transport Trading Date Momentum on July 18, 2024
| On July 19 2024 Heilongjiang Transport Development was traded for 3.36 at the closing time. The highest price during the trading period was 3.49 and the lowest recorded bid was listed for 3.35 . The volume for the day was 66.8 M. This history from July 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.45% . The trading delta at closing time to the current price is 3.45% . |
Heilongjiang Transport Fundamentals Correlations and Trends
By evaluating Heilongjiang Transport'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 Heilongjiang Transport's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Heilongjiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Heilongjiang Transport Stock history
Heilongjiang Transport 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 Heilongjiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Heilongjiang Transport 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 Heilongjiang Transport stock prices may prove useful in developing a viable investing in Heilongjiang Transport
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.2 B | 1.1 B | |
| Net Income Applicable To Common Shares | 193.3 M | 259 M |
Heilongjiang Transport Quarterly Net Working Capital |
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Heilongjiang Transport Stock Technical Analysis
Heilongjiang Transport 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
Heilongjiang Transport Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Heilongjiang Transport Development 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.
Heilongjiang Transport December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Heilongjiang Transport stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Heilongjiang Transport shares will generate the highest return on investment. By undertsting and applying Heilongjiang Transport stock market strength indicators, traders can identify Heilongjiang Transport Development entry and exit signals to maximize returns
Heilongjiang Transport Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Heilongjiang Transport's price direction in advance. Along with the technical and fundamental analysis of Heilongjiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Heilongjiang 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 | 0.1131 | |||
| Jensen Alpha | 0.3926 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0917 | |||
| Treynor Ratio | (3.96) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Heilongjiang Stock analysis
When running Heilongjiang Transport's price analysis, check to measure Heilongjiang Transport'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 Heilongjiang Transport is operating at the current time. Most of Heilongjiang Transport's value examination focuses on studying past and present price action to predict the probability of Heilongjiang Transport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heilongjiang Transport's price. Additionally, you may evaluate how the addition of Heilongjiang Transport to your portfolios can decrease your overall portfolio volatility.
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