TianJin 712 (China) Price on November 23, 2023

603712 Stock   19.83  0.15  0.75%   
Below is the normalized historical share price chart for TianJin 712 Communication extending back to February 26, 2018. 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 TianJin 712 stands at 19.83, as last reported on the 26th of December, with the highest price reaching 20.20 and the lowest price hitting 19.29 during the day.
200 Day MA
19.7976
50 Day MA
19.0092
Beta
0.448
 
Covid
If you're considering investing in TianJin Stock, it is important to understand the factors that can impact its price. TianJin 712 appears to be not too volatile, given 3 months investment horizon. TianJin 712 Communication owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0869, which indicates the firm had a 0.0869% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for TianJin 712 Communication, which you can use to evaluate the volatility of the company. Please review TianJin 712's Semi Deviation of 2.94, risk adjusted performance of 0.1242, and Coefficient Of Variation of 688.79 to confirm if our risk estimates are consistent with your expectations.
  
As of December 26, 2024, Total Stockholder Equity is expected to decline to about 2.9 B. In addition to that, Common Stock is expected to decline to about 637.5 M. TianJin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0869

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Estimated Market Risk

 4.3
  actual daily
38
62% of assets are more volatile

Expected Return

 0.37
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average TianJin 712 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 TianJin 712 by adding it to a well-diversified portfolio.
Price Book
3.3292
Enterprise Value Ebitda
188.9058
Price Sales
5.9774
Shares Float
388.2 M
Wall Street Target Price
25.21

TianJin 712 Valuation on November 23, 2023

It is possible to determine the worth of TianJin 712 on a given historical date. On November 23, 2023 TianJin was worth 30.6 at the beginning of the trading date compared to the closed value of 30.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TianJin 712 stock. Still, in general, we apply an absolute valuation method to find TianJin 712'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 TianJin 712 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TianJin 712's related companies.
 Open High Low Close Volume
  29.51    30.73    29.51    30.49    9,885,929  
11/23/2023
  30.60    30.60    29.84    30.38    6,185,847  
  30.70    31.65    29.63    29.87    8,740,142  
Backtest TianJin 712  |  TianJin 712 History  |  TianJin 712 Valuation   PreviousNext  
Open Value
30.6
30.38
Closing Value
43.50
Upside

TianJin 712 Trading Date Momentum on November 23, 2023

On November 24 2023 TianJin 712 Communication was traded for  29.87  at the closing time. The highest price during the trading period was 31.65  and the lowest recorded bid was listed for  29.63 . The volume for the day was 8.7 M. This history from November 24, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.68% . The trading price change to the current price is 2.63% .

TianJin 712 Communication Fundamentals Correlations and Trends

By evaluating TianJin 712'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 TianJin 712's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TianJin financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About TianJin 712 Stock history

TianJin 712 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 TianJin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TianJin 712 Communication 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 TianJin 712 stock prices may prove useful in developing a viable investing in TianJin 712
Last ReportedProjected for Next Year
Common Stock Shares Outstanding887.8 M833.5 M
Net Income Applicable To Common Shares802.2 M842.3 M

TianJin 712 Quarterly Net Working Capital

4.42 Billion

TianJin 712 Stock Technical Analysis

TianJin 712 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 TianJin 712 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TianJin 712 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

TianJin 712 Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

TianJin 712 Communication 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.

TianJin 712 December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how TianJin 712 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TianJin 712 shares will generate the highest return on investment. By undertsting and applying TianJin 712 stock market strength indicators, traders can identify TianJin 712 Communication entry and exit signals to maximize returns

TianJin 712 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for TianJin 712's price direction in advance. Along with the technical and fundamental analysis of TianJin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TianJin 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 TianJin Stock analysis

When running TianJin 712's price analysis, check to measure TianJin 712'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 TianJin 712 is operating at the current time. Most of TianJin 712's value examination focuses on studying past and present price action to predict the probability of TianJin 712's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TianJin 712's price. Additionally, you may evaluate how the addition of TianJin 712 to your portfolios can decrease your overall portfolio volatility.
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