Beijing Wantai (China) Price on December 6, 2024

603392 Stock   68.40  0.68  0.98%   
If you're considering investing in Beijing Stock, it is important to understand the factors that can impact its price. As of today, the current price of Beijing Wantai stands at 68.40, as last reported on the 22nd of January, with the highest price reaching 69.58 and the lowest price hitting 68.01 during the day. Beijing Wantai Biological secures Sharpe Ratio (or Efficiency) of -0.0886, which signifies that the company had a -0.0886 % return per unit of risk over the last 3 months. Beijing Wantai Biological exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijing Wantai's Mean Deviation of 1.45, standard deviation of 1.86, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
  
Beijing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0886

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Estimated Market Risk

 1.8
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Beijing Wantai is not performing at its full potential. However, 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 Beijing Wantai by adding Beijing Wantai to a well-diversified portfolio.

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Beijing Wantai Valuation on December 6, 2024

It is possible to determine the worth of Beijing Wantai on a given historical date. On December 6, 2024 Beijing was worth 76.38 at the beginning of the trading date compared to the closed value of 75.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beijing Wantai stock. Still, in general, we apply an absolute valuation method to find Beijing Wantai'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 Beijing Wantai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beijing Wantai's related companies.
 Open High Low Close Volume
  77.05    77.40    75.53    76.29    4,260,416  
12/06/2024
  76.38    77.99    75.26    75.90    4,733,627  
  76.00    77.40    75.55    76.60    4,108,731  
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Open Value
76.38
75.9
Closing Value
81.79
Upside

Beijing Wantai Trading Date Momentum on December 6, 2024

On December 09 2024 Beijing Wantai Biological was traded for  76.60  at the closing time. The highest price during the trading period was 77.40  and the lowest recorded bid was listed for  75.55 . The volume for the day was 4.1 M. This history from December 9, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.92% . The overall trading delta to the current price is 0.79% .

Beijing Wantai Biological Fundamentals Correlations and Trends

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

About Beijing Wantai Stock history

Beijing Wantai 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 Beijing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beijing Wantai Biological 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 Beijing Wantai stock prices may prove useful in developing a viable investing in Beijing Wantai

Beijing Wantai Stock Technical Analysis

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

Beijing Wantai Period Price Range

Low
January 22, 2025
0.00  NaN%
High

 0.00 

     

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Beijing Wantai Biological 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.

Beijing Wantai January 22, 2025 Market Strength

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

Beijing Wantai Technical and Predictive Indicators

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

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