Thinkingdom Media (China) Price on September 19, 2024
| 603096 Stock | 20.34 0.27 1.35% |
Below is the normalized historical share price chart for Thinkingdom Media Group extending back to April 25, 2017. 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 Thinkingdom Media stands at 20.34, as last reported on the 22nd of December, with the highest price reaching 20.55 and the lowest price hitting 19.90 during the day.
If you're considering investing in Thinkingdom Stock, it is important to understand the factors that can impact its price. Thinkingdom Media appears to be not too volatile, given 3 months investment horizon. Thinkingdom Media owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting Thinkingdom Media's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please review Thinkingdom Media's Coefficient Of Variation of 661.7, risk adjusted performance of 0.1274, and Semi Deviation of 2.99 to confirm if our risk estimates are consistent with your expectations.
As of December 22, 2024, Total Stockholder Equity is expected to decline to about 1.4 B. In addition to that, Common Stock is expected to decline to about 136.3 M. Thinkingdom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 17.3621 | 50 Day MA 18.8128 | Beta 0.73 |
Thinkingdom |
Sharpe Ratio = 0.164
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603096 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.46 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Thinkingdom Media is performing at about 12% 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 Thinkingdom Media by adding it to a well-diversified portfolio.
Price Book 1.6428 | Enterprise Value Ebitda 10.5509 | Price Sales 3.3512 | Shares Float 59.2 M | Wall Street Target Price 21.12 |
Thinkingdom Media Valuation on September 19, 2024
It is possible to determine the worth of Thinkingdom Media on a given historical date. On September 19, 2024 Thinkingdom was worth 14.7 at the beginning of the trading date compared to the closed value of 14.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thinkingdom Media stock. Still, in general, we apply an absolute valuation method to find Thinkingdom Media'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 Thinkingdom Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thinkingdom Media's related companies.
| Open | High | Low | Close | Volume | |
| 14.90 | 14.98 | 14.40 | 14.63 | 788,680 | |
09/19/2024 | 14.70 | 14.99 | 14.41 | 14.99 | 1,067,583 |
| 14.99 | 15.00 | 14.74 | 14.93 | 634,760 |
| Backtest Thinkingdom Media | | | Thinkingdom Media History | | | Thinkingdom Media Valuation | Previous | Next |
Thinkingdom Media Trading Date Momentum on September 19, 2024
| On September 20 2024 Thinkingdom Media Group was traded for 14.93 at the closing time. The highest price during the trading period was 15.00 and the lowest recorded bid was listed for 14.74 . The volume for the day was 634.8 K. This history from September 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.40% . The trading price change to the current price is 16.08% . |
Thinkingdom Media Fundamentals Correlations and Trends
By evaluating Thinkingdom Media'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 Thinkingdom Media's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thinkingdom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thinkingdom Media Stock history
Thinkingdom Media 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 Thinkingdom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thinkingdom Media 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 Thinkingdom Media stock prices may prove useful in developing a viable investing in Thinkingdom Media
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 186.9 M | 178.7 M | |
| Net Income Applicable To Common Shares | 123.3 M | 148.3 M |
Thinkingdom Media Quarterly Net Working Capital |
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Thinkingdom Media Stock Technical Analysis
Thinkingdom Media 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
Thinkingdom Media Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Thinkingdom Media 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.
Thinkingdom Media December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Thinkingdom Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thinkingdom Media shares will generate the highest return on investment. By undertsting and applying Thinkingdom Media stock market strength indicators, traders can identify Thinkingdom Media Group entry and exit signals to maximize returns
Thinkingdom Media Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thinkingdom Media's price direction in advance. Along with the technical and fundamental analysis of Thinkingdom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thinkingdom 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 | 0.1274 | |||
| Jensen Alpha | 0.4967 | |||
| Total Risk Alpha | 0.4029 | |||
| Sortino Ratio | 0.1391 | |||
| Treynor Ratio | 236.55 |
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| Volume Indicators |
Complementary Tools for Thinkingdom Stock analysis
When running Thinkingdom Media's price analysis, check to measure Thinkingdom Media'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 Thinkingdom Media is operating at the current time. Most of Thinkingdom Media's value examination focuses on studying past and present price action to predict the probability of Thinkingdom Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thinkingdom Media's price. Additionally, you may evaluate how the addition of Thinkingdom Media to your portfolios can decrease your overall portfolio volatility.
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