Zhengzhou Coal (China) Price on April 15, 2024

601717 Stock   13.03  0.15  1.16%   
Below is the normalized historical share price chart for Zhengzhou Coal Mining extending back to August 03, 2010. 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 Zhengzhou Coal stands at 13.03, as last reported on the 24th of December, with the highest price reaching 13.24 and the lowest price hitting 12.88 during the day.
IPO Date
3rd of August 2010
200 Day MA
13.8976
50 Day MA
12.937
Beta
0.569
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Zhengzhou Stock, it is important to understand the factors that can impact its price. At this point, Zhengzhou Coal is not too volatile. Zhengzhou Coal Mining shows Sharpe Ratio of 0.0566, which attests that the company had a 0.0566% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zhengzhou Coal Mining, which you can use to evaluate the volatility of the company. Please check out Zhengzhou Coal's Mean Deviation of 1.62, market risk adjusted performance of 8.84, and Downside Deviation of 2.37 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
  
At present, Zhengzhou Coal's Other Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 1.9 B, whereas Total Stockholder Equity is forecasted to decline to about 10.4 B. . Zhengzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0566

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Estimated Market Risk

 2.24
  actual daily
19
81% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Zhengzhou Coal 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 Zhengzhou Coal by adding it to a well-diversified portfolio.
Price Book
1.0575
Enterprise Value Ebitda
3.4992
Price Sales
0.6059
Shares Float
1.2 B
Wall Street Target Price
18.45

Zhengzhou Coal Main Headline on 15th of April 2024

Unpacking the Ownership Structure of Zhengzhou Coal Mining Machinery Group yTech

Zhengzhou Coal Valuation on April 15, 2024

It is possible to determine the worth of Zhengzhou Coal on a given historical date. On April 15, 2024 Zhengzhou was worth 16.3 at the beginning of the trading date compared to the closed value of 16.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhengzhou Coal stock. Still, in general, we apply an absolute valuation method to find Zhengzhou Coal'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 Zhengzhou Coal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhengzhou Coal's related companies.
 Open High Low Close Volume
  15.89    16.43    15.74    16.22    21,038,041  
04/15/2024
  16.30    16.79    16.17    16.69    21,759,573  
  16.70    17.04    16.17    16.24    27,551,468  
Backtest Zhengzhou Coal  |  Zhengzhou Coal History  |  Zhengzhou Coal Valuation   PreviousNext  
Open Value
16.3
16.69
Closing Value
23.02
Upside

Zhengzhou Coal Trading Date Momentum on April 15, 2024

On April 16 2024 Zhengzhou Coal Mining was traded for  16.24  at the closing time. The highest price during the trading period was 17.04  and the lowest recorded bid was listed for  16.17 . The volume for the day was 27.6 M. This history from April 16, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.70% . The trading date delta to the current price is 1.26% .

Zhengzhou Coal Mining Fundamentals Correlations and Trends

By evaluating Zhengzhou Coal'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 Zhengzhou Coal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhengzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Zhengzhou Coal Stock history

Zhengzhou Coal 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 Zhengzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhengzhou Coal Mining 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 Zhengzhou Coal stock prices may prove useful in developing a viable investing in Zhengzhou Coal
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.8 B1.9 B
Net Income Applicable To Common Shares2.2 B2.3 B

Zhengzhou Coal Quarterly Net Working Capital

16.62 Billion

Zhengzhou Coal Stock Technical Analysis

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

Zhengzhou Coal Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Zhengzhou Coal Mining 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.

Zhengzhou Coal December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Zhengzhou Coal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhengzhou Coal shares will generate the highest return on investment. By undertsting and applying Zhengzhou Coal stock market strength indicators, traders can identify Zhengzhou Coal Mining entry and exit signals to maximize returns

Zhengzhou Coal Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Zhengzhou Coal's price direction in advance. Along with the technical and fundamental analysis of Zhengzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhengzhou 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 Zhengzhou Stock analysis

When running Zhengzhou Coal's price analysis, check to measure Zhengzhou Coal'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 Zhengzhou Coal is operating at the current time. Most of Zhengzhou Coal's value examination focuses on studying past and present price action to predict the probability of Zhengzhou Coal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhengzhou Coal's price. Additionally, you may evaluate how the addition of Zhengzhou Coal to your portfolios can decrease your overall portfolio volatility.
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