Heilongjiang Transport (China) Price on September 26, 2023

601188 Stock   3.68  0.12  3.37%   
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 3.68, as last reported on the 29th of December, with the highest price reaching 3.73 and the lowest price hitting 3.57 during the day.
IPO Date
19th of March 2010
200 Day MA
3.4151
50 Day MA
3.4118
Beta
0.112
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Heilongjiang Stock, it is important to understand the factors that can impact its price. At this point, Heilongjiang Transport is relatively risky. Heilongjiang Transport holds Efficiency (Sharpe) Ratio of 0.0268, which attests that the entity had a 0.0268% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Heilongjiang Transport, which you can use to evaluate the volatility of the firm. Please check out Heilongjiang Transport's Risk Adjusted Performance of 0.1118, market risk adjusted performance of 140.79, and Downside Deviation of 3.09 to validate if the risk estimate we provide is consistent with the expected return of 0.0703%.
  
As of December 29, 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.

Sharpe Ratio = 0.0268

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Estimated Market Risk

 2.63
  actual daily
23
77% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Heilongjiang Transport is performing at about 2% 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
1.0571
Book Value
3.509
Enterprise Value
3.8 B
Enterprise Value Ebitda
19.2246
Price Sales
8.1057

Heilongjiang Transport Main Headline on 26th of September 2023

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Heilongjiang Transport Valuation on September 26, 2023

It is possible to determine the worth of Heilongjiang Transport on a given historical date. On September 26, 2023 Heilongjiang was worth 4.19 at the beginning of the trading date compared to the closed value of 4.27. 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
  4.23    4.30    4.19    4.28    100,049,202  
09/26/2023
  4.19    4.34    4.07    4.27    80,399,808  
  4.22    4.37    4.19    4.27    70,269,165  
Backtest Heilongjiang Transport  |  Heilongjiang Transport History  |  Heilongjiang Transport Valuation   PreviousNext  
Open Value
4.19
4.27
Closing Value
12.07
Upside

Heilongjiang Transport Trading Date Momentum on September 26, 2023

On September 27 2023 Heilongjiang Transport Development was traded for  4.27  at the closing time. The highest price during the trading period was 4.37  and the lowest recorded bid was listed for  4.19 . The volume for the day was 70.3 M. This history from September 27, 2023 did not cause price change. The trading delta at closing time to the current price is 0.70% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding1.2 B1.1 B
Net Income Applicable To Common Shares193.3 M259 M

Heilongjiang Transport Quarterly Net Working Capital

1.84 Billion

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

Heilongjiang Transport Period Price Range

Low
December 29, 2024
0.00  NaN%
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 29, 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.

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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