Hainan Mining (China) Price on July 19, 2024
| 601969 Stock | 7.66 0.08 1.03% |
Below is the normalized historical share price chart for Hainan Mining Co extending back to December 09, 2014. 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 Hainan Mining stands at 7.66, as last reported on the 21st of December, with the highest price reaching 7.90 and the lowest price hitting 7.65 during the day.
If you're considering investing in Hainan Stock, it is important to understand the factors that can impact its price. Hainan Mining appears to be slightly risky, given 3 months investment horizon. Hainan Mining holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. By evaluating Hainan Mining's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Hainan Mining's Risk Adjusted Performance of 0.129, downside deviation of 3.02, and Market Risk Adjusted Performance of (1.67) to validate if our risk estimates are consistent with your expectations.
At present, Hainan Mining'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 2.2 B, whereas Total Stockholder Equity is forecasted to decline to about 4.9 B. . Hainan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 6.5964 | 50 Day MA 7.1856 | Beta 0.96 |
Hainan |
Sharpe Ratio = 0.1831
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601969 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.3 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Hainan Mining is performing at about 14% 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 Hainan Mining by adding it to a well-diversified portfolio.
Price Book 2.3087 | Enterprise Value Ebitda 15.2404 | Price Sales 3.7581 | Shares Float 421.9 M | Wall Street Target Price 31 |
Hainan Mining Valuation on July 19, 2024
It is possible to determine the worth of Hainan Mining on a given historical date. On July 19, 2024 Hainan was worth 6.05 at the beginning of the trading date compared to the closed value of 6.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hainan Mining stock. Still, in general, we apply an absolute valuation method to find Hainan Mining'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 Hainan Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hainan Mining's related companies.
| Open | High | Low | Close | Volume | |
| 5.91 | 6.10 | 5.86 | 6.09 | 13,404,618 | |
07/19/2024 | 6.05 | 6.08 | 5.96 | 6.00 | 8,623,535 |
| 6.02 | 6.02 | 5.86 | 5.90 | 8,187,200 |
| Backtest Hainan Mining | | | Hainan Mining History | | | Hainan Mining Valuation | Previous | Next |
Hainan Mining Trading Date Momentum on July 19, 2024
| On July 22 2024 Hainan Mining Co was traded for 5.90 at the closing time. The highest price during the trading period was 6.02 and the lowest recorded bid was listed for 5.86 . The volume for the day was 8.2 M. This history from July 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.67% . The trading delta at closing time to the current price is 5.33% . |
Hainan Mining Fundamentals Correlations and Trends
By evaluating Hainan Mining'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 Hainan Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hainan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hainan Mining Stock history
Hainan Mining 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 Hainan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hainan 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 Hainan Mining stock prices may prove useful in developing a viable investing in Hainan Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2 B | 2.2 B | |
| Net Income Applicable To Common Shares | 553.6 M | 288.7 M |
Hainan Mining Quarterly Net Working Capital |
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Hainan Mining Stock Technical Analysis
Hainan Mining 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
Hainan Mining Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Hainan Mining Co 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.
Hainan Mining December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Hainan Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hainan Mining shares will generate the highest return on investment. By undertsting and applying Hainan Mining stock market strength indicators, traders can identify Hainan Mining Co entry and exit signals to maximize returns
Hainan Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hainan Mining's price direction in advance. Along with the technical and fundamental analysis of Hainan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hainan 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 | 0.129 | |||
| Jensen Alpha | 0.4973 | |||
| Total Risk Alpha | 0.3993 | |||
| Sortino Ratio | 0.1553 | |||
| Treynor Ratio | (1.68) |
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| Volume Indicators |
Complementary Tools for Hainan Stock analysis
When running Hainan Mining's price analysis, check to measure Hainan Mining'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 Hainan Mining is operating at the current time. Most of Hainan Mining's value examination focuses on studying past and present price action to predict the probability of Hainan Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hainan Mining's price. Additionally, you may evaluate how the addition of Hainan Mining to your portfolios can decrease your overall portfolio volatility.
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