Guangzhou Automobile (China) Price on October 29, 2024
| 601238 Stock | 9.44 0.08 0.85% |
Below is the normalized historical share price chart for Guangzhou Automobile Group extending back to March 29, 2012. 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 Guangzhou Automobile stands at 9.44, as last reported on the 28th of December, with the highest price reaching 9.60 and the lowest price hitting 9.39 during the day.
If you're considering investing in Guangzhou Stock, it is important to understand the factors that can impact its price. At this point, Guangzhou Automobile is somewhat reliable. Guangzhou Automobile holds Efficiency (Sharpe) Ratio of 0.0512, which attests that the entity had a 0.0512% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Guangzhou Automobile, which you can use to evaluate the volatility of the firm. Please check out Guangzhou Automobile's market risk adjusted performance of (7.75), and Risk Adjusted Performance of 0.1175 to validate if the risk estimate we provide is consistent with the expected return of 0.16%.
At present, Guangzhou Automobile's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 56.5 B, whereas Common Stock is forecasted to decline to about 7.4 B. . Guangzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 8.3869 | 50 Day MA 8.9656 | Beta 0.407 |
Guangzhou |
Sharpe Ratio = 0.0512
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601238 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.06 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Guangzhou Automobile is performing at about 4% 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 Guangzhou Automobile by adding it to a well-diversified portfolio.
Price Book 0.856 | Book Value 7.927 | Enterprise Value 71.4 B | Enterprise Value Ebitda 5.0406 | Price Sales 0.9168 |
Guangzhou Automobile Valuation on October 29, 2024
It is possible to determine the worth of Guangzhou Automobile on a given historical date. On October 29, 2024 Guangzhou was worth 8.51 at the beginning of the trading date compared to the closed value of 8.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guangzhou Automobile stock. Still, in general, we apply an absolute valuation method to find Guangzhou Automobile'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 Guangzhou Automobile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guangzhou Automobile's related companies.
| Open | High | Low | Close | Volume | |
| 8.39 | 8.48 | 8.28 | 8.48 | 23,061,840 | |
10/29/2024 | 8.51 | 8.55 | 8.35 | 8.38 | 25,443,561 |
| 8.33 | 8.44 | 8.28 | 8.34 | 20,370,681 |
| Backtest Guangzhou Automobile | | | Guangzhou Automobile History | | | Guangzhou Automobile Valuation | Previous | Next |
Guangzhou Automobile Trading Date Momentum on October 29, 2024
| On October 30 2024 Guangzhou Automobile Group was traded for 8.34 at the closing time. The highest price during the trading period was 8.44 and the lowest recorded bid was listed for 8.28 . The volume for the day was 20.4 M. This history from October 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.48% . The overall trading delta to the current price is 3.94% . |
Guangzhou Automobile Fundamentals Correlations and Trends
By evaluating Guangzhou Automobile'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 Guangzhou Automobile's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guangzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guangzhou Automobile Stock history
Guangzhou Automobile 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 Guangzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guangzhou Automobile 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 Guangzhou Automobile stock prices may prove useful in developing a viable investing in Guangzhou Automobile
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10.5 B | 11.4 B | |
| Net Income Applicable To Common Shares | 9.2 B | 6.7 B |
Guangzhou Automobile Quarterly Net Working Capital |
|
Guangzhou Automobile Stock Technical Analysis
Guangzhou Automobile 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
Guangzhou Automobile Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Guangzhou Automobile Group 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.
Guangzhou Automobile December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Guangzhou Automobile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guangzhou Automobile shares will generate the highest return on investment. By undertsting and applying Guangzhou Automobile stock market strength indicators, traders can identify Guangzhou Automobile Group entry and exit signals to maximize returns
Guangzhou Automobile Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guangzhou Automobile's price direction in advance. Along with the technical and fundamental analysis of Guangzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guangzhou 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 | 0.1175 | |||
| Jensen Alpha | 0.4201 | |||
| Total Risk Alpha | 0.3324 | |||
| Sortino Ratio | 0.1487 | |||
| Treynor Ratio | (7.76) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Guangzhou Stock analysis
When running Guangzhou Automobile's price analysis, check to measure Guangzhou Automobile'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 Guangzhou Automobile is operating at the current time. Most of Guangzhou Automobile's value examination focuses on studying past and present price action to predict the probability of Guangzhou Automobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guangzhou Automobile's price. Additionally, you may evaluate how the addition of Guangzhou Automobile to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |