Fuda Alloy (China) Price on November 25, 2024
| 603045 Stock | 13.05 0.81 6.62% |
Below is the normalized historical share price chart for Fuda Alloy Materials extending back to May 17, 2018. 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 Fuda Alloy stands at 13.05, as last reported on the 29th of December, with the highest price reaching 13.43 and the lowest price hitting 12.19 during the day.
If you're considering investing in Fuda Stock, it is important to understand the factors that can impact its price. Fuda Alloy appears to be somewhat reliable, given 3 months investment horizon. Fuda Alloy Materials secures Sharpe Ratio (or Efficiency) of 0.0716, which denotes the company had a 0.0716% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fuda Alloy Materials, which you can use to evaluate the volatility of the firm. Please utilize Fuda Alloy's Downside Deviation of 3.31, mean deviation of 2.29, and Coefficient Of Variation of 602.24 to check if our risk estimates are consistent with your expectations.
At present, Fuda Alloy's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 143.8 M, whereas Total Stockholder Equity is forecasted to decline to about 726.8 M. . Fuda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 11.1765 | 50 Day MA 13.0084 | Beta 0.611 |
Fuda |
Sharpe Ratio = 0.0716
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 603045 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Fuda Alloy is performing at about 5% 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 Fuda Alloy by adding it to a well-diversified portfolio.
Price Book 1.8273 | Book Value 7.142 | Enterprise Value 2.7 B | Enterprise Value Ebitda 24.7865 | Price Sales 0.5 |
Fuda Alloy Valuation on November 25, 2024
It is possible to determine the worth of Fuda Alloy on a given historical date. On November 25, 2024 Fuda was worth 12.77 at the beginning of the trading date compared to the closed value of 13.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fuda Alloy stock. Still, in general, we apply an absolute valuation method to find Fuda Alloy'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 Fuda Alloy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fuda Alloy's related companies.
| Open | High | Low | Close | Volume | |
| 13.10 | 13.29 | 12.86 | 12.87 | 5,289,900 | |
11/25/2024 | 12.77 | 13.41 | 12.77 | 13.41 | 5,828,159 |
| 13.31 | 13.61 | 13.05 | 13.17 | 4,957,860 |
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Fuda Alloy Trading Date Momentum on November 25, 2024
| On November 26 2024 Fuda Alloy Materials was traded for 13.17 at the closing time. The highest price during the trading period was 13.61 and the lowest recorded bid was listed for 13.05 . The volume for the day was 5 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.79% . The overall trading delta to the current price is 0.52% . |
Fuda Alloy Materials Fundamentals Correlations and Trends
By evaluating Fuda Alloy'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 Fuda Alloy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fuda financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fuda Alloy Stock history
Fuda Alloy 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 Fuda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fuda Alloy Materials 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 Fuda Alloy stock prices may prove useful in developing a viable investing in Fuda Alloy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 135.4 M | 145.6 M | |
| Net Income Applicable To Common Shares | 65.7 M | 54.4 M |
Fuda Alloy Quarterly Net Working Capital |
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Fuda Alloy Stock Technical Analysis
Fuda Alloy 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
Fuda Alloy Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Fuda Alloy Materials 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.
Fuda Alloy December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Fuda Alloy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fuda Alloy shares will generate the highest return on investment. By undertsting and applying Fuda Alloy stock market strength indicators, traders can identify Fuda Alloy Materials entry and exit signals to maximize returns
Fuda Alloy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fuda Alloy's price direction in advance. Along with the technical and fundamental analysis of Fuda Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fuda 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 | 0.1399 | |||
| Jensen Alpha | 0.5358 | |||
| Total Risk Alpha | 0.446 | |||
| Sortino Ratio | 0.1558 | |||
| Treynor Ratio | 5.71 |
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| Volume Indicators |
Complementary Tools for Fuda Stock analysis
When running Fuda Alloy's price analysis, check to measure Fuda Alloy'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 Fuda Alloy is operating at the current time. Most of Fuda Alloy's value examination focuses on studying past and present price action to predict the probability of Fuda Alloy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fuda Alloy's price. Additionally, you may evaluate how the addition of Fuda Alloy to your portfolios can decrease your overall portfolio volatility.
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