Northern United (China) Price on June 7, 2023

601999 Stock   7.98  0.28  3.64%   
Below is the normalized historical share price chart for Northern United Publishing extending back to December 21, 2007. 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 Northern United stands at 7.98, as last reported on the 17th of December 2024, with the highest price reaching 8.47 and the lowest price hitting 7.68 during the day.
IPO Date
21st of December 2007
200 Day MA
5.9199
50 Day MA
6.642
Beta
0.731
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Northern Stock, it is important to understand the factors that can impact its price. Northern United appears to be slightly risky, given 3 months investment horizon. Northern United Publ has Sharpe Ratio of 0.26, which conveys that the firm had a 0.26% return per unit of risk over the last 3 months. By analyzing Northern United's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please exercise Northern United's Mean Deviation of 2.0, downside deviation of 3.19, and Risk Adjusted Performance of 0.1685 to check out if our risk estimates are consistent with your expectations.
  
As of December 17, 2024, Total Stockholder Equity is expected to decline to about 2 B. In addition to that, Common Stock is expected to decline to about 596.4 M. Northern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2574

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns601999
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.88
  actual daily
25
75% of assets are more volatile

Expected Return

 0.74
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average Northern United is performing at about 20% 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 Northern United by adding it to a well-diversified portfolio.
Price Book
1.6655
Enterprise Value Ebitda
36.3786
Price Sales
1.8607
Shares Float
174.7 M
Wall Street Target Price
12.59

Northern United Main Headline on 7th of June 2023

Xi calls for further tackling desertification - Chinadaily.com.cn China Daily

Northern United Valuation on June 7, 2023

It is possible to determine the worth of Northern United on a given historical date. On June 7, 2023 Northern was worth 7.51 at the beginning of the trading date compared to the closed value of 7.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern United stock. Still, in general, we apply an absolute valuation method to find Northern United'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 Northern United where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern United's related companies.
 Open High Low Close Volume
  7.49    7.79    7.46    7.52    35,390,138  
06/07/2023
  7.51    7.77    7.37    7.74    31,459,997  
  7.61    7.66    7.35    7.57    21,413,668  
Backtest Northern United  |  Northern United History  |  Northern United Valuation   PreviousNext  
Open Value
7.51
7.74
Closing Value
16.14
Upside

Northern United Trading Date Momentum on June 7, 2023

On June 08 2023 Northern United Publishing was traded for  7.57  at the closing time. The highest price during the trading period was 7.66  and the lowest recorded bid was listed for  7.35 . The volume for the day was 21.4 M. This history from June 8, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.20% . The trading delta at closing time to the current price is 0.00% .

Northern United Publ Fundamentals Correlations and Trends

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

About Northern United Stock history

Northern United 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 Northern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northern United Publ 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 Northern United stock prices may prove useful in developing a viable investing in Northern United
Last ReportedProjected for Next Year
Common Stock Shares Outstanding495.8 M440.7 M
Net Income Applicable To Common Shares125.1 M118.3 M

Northern United Quarterly Net Working Capital

1.28 Billion

Northern United Stock Technical Analysis

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

Northern United Period Price Range

Low
December 17, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Northern United Publishing 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.

Northern United December 17, 2024 Market Strength

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

Northern United Technical and Predictive Indicators

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

When running Northern United's price analysis, check to measure Northern United'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 Northern United is operating at the current time. Most of Northern United's value examination focuses on studying past and present price action to predict the probability of Northern United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern United's price. Additionally, you may evaluate how the addition of Northern United to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Commodity Directory
Find actively traded commodities issued by global exchanges
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance