Hoshine Silicon (China) Price on June 14, 2024
| 603260 Stock | 58.18 0.19 0.33% |
Below is the normalized historical share price chart for Hoshine Silicon Ind extending back to October 30, 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 Hoshine Silicon stands at 58.18, as last reported on the 29th of November, with the highest price reaching 58.45 and the lowest price hitting 57.52 during the day.
If you're considering investing in Hoshine Stock, it is important to understand the factors that can impact its price. Hoshine Silicon appears to be very steady, given 3 months investment horizon. Hoshine Silicon Ind holds Efficiency (Sharpe) Ratio of 0.0893, which attests that the entity had a 0.0893% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hoshine Silicon Ind, which you can use to evaluate the volatility of the firm. Please utilize Hoshine Silicon's Risk Adjusted Performance of 0.1189, market risk adjusted performance of (1.81), and Downside Deviation of 2.77 to validate if our risk estimates are consistent with your expectations.
At present, Hoshine Silicon's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 45.1 M, whereas Common Stock is forecasted to decline to about 830.1 M. . Hoshine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 50.8946 | 50 Day MA 56.6334 | Beta 0.629 |
Hoshine |
Sharpe Ratio = 0.0893
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603260 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Hoshine Silicon is performing at about 7% 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 Hoshine Silicon by adding it to a well-diversified portfolio.
Price Book 2.108 | Enterprise Value Ebitda 29.5841 | Price Sales 2.6074 | Shares Float 198.1 M | Wall Street Target Price 62.85 |
Hoshine Silicon Valuation on June 14, 2024
It is possible to determine the worth of Hoshine Silicon on a given historical date. On June 14, 2024 Hoshine was worth 47.52 at the beginning of the trading date compared to the closed value of 47.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hoshine Silicon stock. Still, in general, we apply an absolute valuation method to find Hoshine Silicon'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 Hoshine Silicon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hoshine Silicon's related companies.
| Open | High | Low | Close | Volume | |
| 48.98 | 49.17 | 47.55 | 47.69 | 2,704,500 | |
06/14/2024 | 47.52 | 47.60 | 46.73 | 47.59 | 2,548,400 |
| 47.24 | 47.69 | 46.75 | 47.43 | 1,990,200 |
| Backtest Hoshine Silicon | | | Hoshine Silicon History | | | Hoshine Silicon Valuation | Previous | Next |
Hoshine Silicon Trading Date Momentum on June 14, 2024
| On June 17 2024 Hoshine Silicon Ind was traded for 47.43 at the closing time. The highest price during the trading period was 47.69 and the lowest recorded bid was listed for 46.75 . The volume for the day was 2 M. This history from June 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.34% . The trading delta at closing time to the current price is 1.03% . |
Hoshine Silicon Ind Fundamentals Correlations and Trends
By evaluating Hoshine Silicon'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 Hoshine Silicon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hoshine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hoshine Silicon Stock history
Hoshine Silicon 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 Hoshine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hoshine Silicon Ind 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 Hoshine Silicon stock prices may prove useful in developing a viable investing in Hoshine Silicon
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.2 B | 1.1 B | |
| Net Income Applicable To Common Shares | 5.9 B | 6.2 B |
Hoshine Silicon Stock Technical Analysis
Hoshine Silicon 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
Hoshine Silicon Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Hoshine Silicon Ind 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.
Hoshine Silicon November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Hoshine Silicon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hoshine Silicon shares will generate the highest return on investment. By undertsting and applying Hoshine Silicon stock market strength indicators, traders can identify Hoshine Silicon Ind entry and exit signals to maximize returns
Hoshine Silicon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hoshine Silicon's price direction in advance. Along with the technical and fundamental analysis of Hoshine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hoshine 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 | 0.1189 | |||
| Jensen Alpha | 0.4628 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1154 | |||
| Treynor Ratio | (1.82) |
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hoshine Stock analysis
When running Hoshine Silicon's price analysis, check to measure Hoshine Silicon'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 Hoshine Silicon is operating at the current time. Most of Hoshine Silicon's value examination focuses on studying past and present price action to predict the probability of Hoshine Silicon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hoshine Silicon's price. Additionally, you may evaluate how the addition of Hoshine Silicon to your portfolios can decrease your overall portfolio volatility.
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