Neway Valve (China) Price on November 13, 2024
| 603699 Stock | 24.28 0.23 0.96% |
Below is the normalized historical share price chart for Neway Valve suzhou extending back to January 17, 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 Neway Valve stands at 24.28, as last reported on the 10th of January, with the highest price reaching 24.57 and the lowest price hitting 23.50 during the day.
If you're considering investing in Neway Stock, it is important to understand the factors that can impact its price. Neway Valve appears to be very steady, given 3 months investment horizon. Neway Valve suzhou has Sharpe Ratio of 0.0821, which conveys that the firm had a 0.0821% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Neway Valve, which you can use to evaluate the volatility of the firm. Please exercise Neway Valve's Downside Deviation of 2.17, risk adjusted performance of 0.0501, and Mean Deviation of 1.9 to check out if our risk estimates are consistent with your expectations.
As of January 10, 2025, Total Stockholder Equity is expected to decline to about 2.5 B. In addition to that, Common Stock is expected to decline to about 806.6 M. Neway Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 19.7811 | 50 Day MA 22.8996 | Beta 0.656 |
Neway |
Sharpe Ratio = 0.0821
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603699 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Neway Valve 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 Neway Valve by adding it to a well-diversified portfolio.
Price Book 4.6976 | Enterprise Value Ebitda 15.2596 | Price Sales 3.2599 | Shares Float 339.3 M | Wall Street Target Price 23.06 |
Neway Valve Valuation on November 13, 2024
It is possible to determine the worth of Neway Valve on a given historical date. On November 13, 2024 Neway was worth 23.89 at the beginning of the trading date compared to the closed value of 23.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neway Valve stock. Still, in general, we apply an absolute valuation method to find Neway Valve'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 Neway Valve where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neway Valve's related companies.
| Open | High | Low | Close | Volume | |
| 23.71 | 24.27 | 23.53 | 23.85 | 6,085,047 | |
11/13/2024 | 23.89 | 24.15 | 23.35 | 23.70 | 3,613,481 |
| 23.69 | 24.11 | 23.52 | 23.61 | 3,668,509 |
| Backtest Neway Valve | | | Neway Valve History | | | Neway Valve Valuation | Previous | Next |
Neway Valve Trading Date Momentum on November 13, 2024
| On November 14 2024 Neway Valve suzhou was traded for 23.61 at the closing time. The highest price during the trading period was 24.11 and the lowest recorded bid was listed for 23.52 . The volume for the day was 3.7 M. This history from November 14, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.38% . The trading delta at closing time to the current price is 2.49% . |
Neway Valve suzhou Fundamentals Correlations and Trends
By evaluating Neway Valve'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 Neway Valve's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Neway financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Neway Valve Stock history
Neway Valve 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 Neway is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neway Valve suzhou 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 Neway Valve stock prices may prove useful in developing a viable investing in Neway Valve
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 874.4 M | 826.5 M | |
| Net Income Applicable To Common Shares | 536 M | 380.1 M |
Neway Valve Quarterly Net Working Capital |
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Neway Valve Stock Technical Analysis
Neway Valve 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
Neway Valve Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Neway Valve suzhou 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.
Neway Valve January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Neway Valve stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neway Valve shares will generate the highest return on investment. By undertsting and applying Neway Valve stock market strength indicators, traders can identify Neway Valve suzhou entry and exit signals to maximize returns
Neway Valve Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Neway Valve's price direction in advance. Along with the technical and fundamental analysis of Neway Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neway 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 | 0.0501 | |||
| Jensen Alpha | 0.127 | |||
| Total Risk Alpha | 0.0741 | |||
| Sortino Ratio | 0.0525 | |||
| Treynor Ratio | 0.5283 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Neway Stock analysis
When running Neway Valve's price analysis, check to measure Neway Valve'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 Neway Valve is operating at the current time. Most of Neway Valve's value examination focuses on studying past and present price action to predict the probability of Neway Valve's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neway Valve's price. Additionally, you may evaluate how the addition of Neway Valve to your portfolios can decrease your overall portfolio volatility.
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