HMTNew Technical (China) Price on November 28, 2024
| 603306 Stock | 32.22 0.20 0.62% |
Below is the normalized historical share price chart for HMTNew Technical extending back to September 26, 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 HMTNew Technical stands at 32.22, as last reported on the 4th of December, with the highest price reaching 32.57 and the lowest price hitting 31.71 during the day.
If you're considering investing in HMTNew Stock, it is important to understand the factors that can impact its price. HMTNew Technical appears to be somewhat reliable, given 3 months investment horizon. HMTNew Technical holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of volatility over the last 3 months. By analyzing HMTNew Technical's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please utilize HMTNew Technical's risk adjusted performance of 0.1873, and Market Risk Adjusted Performance of (19.14) to validate if our risk estimates are consistent with your expectations.
At present, HMTNew Technical's Common Stock Shares Outstanding 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 2.7 M, whereas Total Stockholder Equity is forecasted to decline to about 2 B. . HMTNew Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 20.9487 | 50 Day MA 25.4334 | Beta (0.06) |
HMTNew |
Sharpe Ratio = 0.1824
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603306 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.88 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.89 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average HMTNew Technical 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 HMTNew Technical by adding it to a well-diversified portfolio.
Price Book 2.8749 | Enterprise Value Ebitda 27.7764 | Price Sales 4.8953 | Shares Float 232.2 M | Wall Street Target Price 53 |
HMTNew Technical Valuation on November 28, 2024
It is possible to determine the worth of HMTNew Technical on a given historical date. On November 28, 2024 HMTNew was worth 31.79 at the beginning of the trading date compared to the closed value of 31.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HMTNew Technical stock. Still, in general, we apply an absolute valuation method to find HMTNew Technical'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 HMTNew Technical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HMTNew Technical's related companies.
| Open | High | Low | Close | Volume | |
| 29.11 | 31.74 | 27.88 | 31.45 | 24,551,373 | |
11/28/2024 | 31.79 | 31.86 | 30.70 | 31.01 | 17,338,995 |
| 30.60 | 32.50 | 30.50 | 31.48 | 17,819,871 |
| Backtest HMTNew Technical | | | HMTNew Technical History | | | HMTNew Technical Valuation | Previous | Next |
HMTNew Technical Trading Date Momentum on November 28, 2024
| On November 29 2024 HMTNew Technical was traded for 31.48 at the closing time. The highest price during the trading period was 32.50 and the lowest recorded bid was listed for 30.50 . The volume for the day was 17.8 M. This history from November 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.52% . The trading delta at closing time to the current price is 3.61% . |
HMTNew Technical Fundamentals Correlations and Trends
By evaluating HMTNew Technical'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 HMTNew Technical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HMTNew financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HMTNew Technical Stock history
HMTNew Technical 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 HMTNew is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HMTNew Technical 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 HMTNew Technical stock prices may prove useful in developing a viable investing in HMTNew Technical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 326.1 M | 344.6 M | |
| Net Income Applicable To Common Shares | 228.2 M | 195.6 M |
HMTNew Technical Quarterly Net Working Capital |
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HMTNew Technical Stock Technical Analysis
HMTNew Technical 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
HMTNew Technical Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
HMTNew Technical 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.
HMTNew Technical December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how HMTNew Technical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HMTNew Technical shares will generate the highest return on investment. By undertsting and applying HMTNew Technical stock market strength indicators, traders can identify HMTNew Technical entry and exit signals to maximize returns
HMTNew Technical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HMTNew Technical's price direction in advance. Along with the technical and fundamental analysis of HMTNew Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HMTNew 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 | 0.1873 | |||
| Jensen Alpha | 1.14 | |||
| Total Risk Alpha | 0.4737 | |||
| Sortino Ratio | 0.2431 | |||
| Treynor Ratio | (19.15) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for HMTNew Stock analysis
When running HMTNew Technical's price analysis, check to measure HMTNew Technical'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 HMTNew Technical is operating at the current time. Most of HMTNew Technical's value examination focuses on studying past and present price action to predict the probability of HMTNew Technical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HMTNew Technical's price. Additionally, you may evaluate how the addition of HMTNew Technical to your portfolios can decrease your overall portfolio volatility.
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