Kingclean Electric (China) Price on July 17, 2024

603355 Stock   22.96  0.06  0.26%   
Below is the normalized historical share price chart for Kingclean Electric Co extending back to May 13, 2015. 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 Kingclean Electric stands at 22.96, as last reported on the 22nd of December, with the highest price reaching 23.35 and the lowest price hitting 22.90 during the day.
200 Day MA
23.3574
50 Day MA
23.8038
Beta
0.468
 
Yuan Drop
 
Covid
If you're considering investing in Kingclean Stock, it is important to understand the factors that can impact its price. At this point, Kingclean Electric is very steady. Kingclean Electric has Sharpe Ratio of 0.0677, which conveys that the firm had a 0.0677% return per unit of risk over the last 3 months. We have found thirty technical indicators for Kingclean Electric, which you can use to evaluate the volatility of the firm. Please verify Kingclean Electric's Mean Deviation of 1.55, downside deviation of 2.26, and Risk Adjusted Performance of 0.0775 to check out if the risk estimate we provide is consistent with the expected return of 0.17%.
  
The current year's Other Stockholder Equity is expected to grow to about 15.3 M, whereas Total Stockholder Equity is forecasted to decline to about 3.1 B. . Kingclean Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0677

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Good Returns
Average Returns
Small Returns603355
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Negative Returns

Estimated Market Risk

 2.46
  actual daily
21
79% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Kingclean Electric 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 Kingclean Electric by adding it to a well-diversified portfolio.
Price Book
2.4234
Enterprise Value Ebitda
8.3952
Price Sales
1.3764
Shares Float
98.2 M
Wall Street Target Price
36.44

Kingclean Electric Valuation on July 17, 2024

It is possible to determine the worth of Kingclean Electric on a given historical date. On July 17, 2024 Kingclean was worth 21.73 at the beginning of the trading date compared to the closed value of 21.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kingclean Electric stock. Still, in general, we apply an absolute valuation method to find Kingclean Electric'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 Kingclean Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kingclean Electric's related companies.
 Open High Low Close Volume
  21.90    22.08    21.66    21.81    2,038,900  
07/17/2024
  21.73    21.87    21.41    21.69    1,786,266  
  21.51    21.71    21.40    21.65    1,438,938  
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Open Value
21.73
21.69
Closing Value
29.12
Upside

Kingclean Electric Trading Date Momentum on July 17, 2024

On July 18 2024 Kingclean Electric Co was traded for  21.65  at the closing time. The highest price during the trading period was 21.71  and the lowest recorded bid was listed for  21.40 . The volume for the day was 1.4 M. This history from July 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.18% . The trading delta at closing time to the current price is 2.90% .

Kingclean Electric Fundamentals Correlations and Trends

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

About Kingclean Electric Stock history

Kingclean Electric 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 Kingclean is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kingclean Electric 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 Kingclean Electric stock prices may prove useful in developing a viable investing in Kingclean Electric
Last ReportedProjected for Next Year
Common Stock Shares Outstanding573.8 M524.3 M
Net Income Applicable To Common Shares1.1 B1.2 B

Kingclean Electric Quarterly Net Working Capital

3.97 Billion

Kingclean Electric Stock Technical Analysis

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

Kingclean Electric Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Kingclean Electric Co 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.

Kingclean Electric December 22, 2024 Market Strength

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

Kingclean Electric Technical and Predictive Indicators

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

When running Kingclean Electric's price analysis, check to measure Kingclean Electric'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 Kingclean Electric is operating at the current time. Most of Kingclean Electric's value examination focuses on studying past and present price action to predict the probability of Kingclean Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingclean Electric's price. Additionally, you may evaluate how the addition of Kingclean Electric to your portfolios can decrease your overall portfolio volatility.
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