A Zenith (China) Price on November 8, 2024
| 603389 Stock | 7.31 0.15 2.09% |
Below is the normalized historical share price chart for A Zenith Home Furnishings extending back to December 15, 2016. 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 A Zenith stands at 7.31, as last reported on the 22nd of December, with the highest price reaching 7.38 and the lowest price hitting 7.13 during the day.
If you're considering investing in 603389 Stock, it is important to understand the factors that can impact its price. A Zenith appears to be moderately volatile, given 3 months investment horizon. A Zenith Home secures Sharpe Ratio (or Efficiency) of 0.0812, which signifies that the company had a 0.0812% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for A Zenith Home Furnishings, which you can use to evaluate the volatility of the entity. Please makes use of A Zenith's Mean Deviation of 3.59, coefficient of variation of 1074.29, and Market Risk Adjusted Performance of (4.05) to double-check if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 574.7 M, whereas Common Stock is forecasted to decline to about 218.8 M. . 603389 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 5.7931 | 50 Day MA 7.1534 | Beta 0.531 |
603389 |
Sharpe Ratio = 0.0812
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Estimated Market Risk
| 4.98 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average A Zenith is performing at about 6% 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 A Zenith by adding it to a well-diversified portfolio.
Price Book 5.9409 | Enterprise Value Ebitda (14.04) | Price Sales 9.5866 | Shares Float 89.4 M | Wall Street Target Price 13.5 |
A Zenith Valuation on November 8, 2024
It is possible to determine the worth of A Zenith on a given historical date. On November 8, 2024 603389 was worth 6.7 at the beginning of the trading date compared to the closed value of 6.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of A Zenith stock. Still, in general, we apply an absolute valuation method to find A Zenith'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 A Zenith where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against A Zenith's related companies.
| Open | High | Low | Close | Volume | |
| 6.46 | 6.72 | 6.41 | 6.69 | 10,082,737 | |
11/08/2024 | 6.70 | 6.85 | 6.62 | 6.81 | 13,437,440 |
| 6.80 | 7.01 | 6.73 | 6.88 | 11,200,421 |
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A Zenith Trading Date Momentum on November 8, 2024
| On November 11 2024 A Zenith Home Furnishings was traded for 6.88 at the closing time. The highest price during the trading period was 7.01 and the lowest recorded bid was listed for 6.73 . The volume for the day was 11.2 M. This history from November 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.03% . The overall trading delta to the current price is 7.93% . |
A Zenith Home Fundamentals Correlations and Trends
By evaluating A Zenith'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 A Zenith's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 603389 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About A Zenith Stock history
A Zenith 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 603389 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in A Zenith Home 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 A Zenith stock prices may prove useful in developing a viable investing in A Zenith
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 236.5 M | 210.2 M | |
| Net Loss | -60.2 M | -57.1 M |
A Zenith Stock Technical Analysis
A Zenith 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
A Zenith Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
A Zenith Home Furnishings 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.
A Zenith December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how A Zenith stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading A Zenith shares will generate the highest return on investment. By undertsting and applying A Zenith stock market strength indicators, traders can identify A Zenith Home Furnishings entry and exit signals to maximize returns
A Zenith Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for A Zenith's price direction in advance. Along with the technical and fundamental analysis of 603389 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 603389 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 | 0.0821 | |||
| Jensen Alpha | 0.4458 | |||
| Total Risk Alpha | 0.307 | |||
| Sortino Ratio | 0.0699 | |||
| Treynor Ratio | (4.06) |
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Complementary Tools for 603389 Stock analysis
When running A Zenith's price analysis, check to measure A Zenith'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 A Zenith is operating at the current time. Most of A Zenith's value examination focuses on studying past and present price action to predict the probability of A Zenith's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move A Zenith's price. Additionally, you may evaluate how the addition of A Zenith to your portfolios can decrease your overall portfolio volatility.
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