Xingguang Agricultural (China) Price on November 29, 2024
| 603789 Stock | 7.63 0.04 0.52% |
Below is the normalized historical share price chart for Xingguang Agricultural Mach extending back to April 27, 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 Xingguang Agricultural stands at 7.63, as last reported on the 20th of January, with the highest price reaching 7.72 and the lowest price hitting 7.52 during the day.
If you're considering investing in Xingguang Stock, it is important to understand the factors that can impact its price. At this point, Xingguang Agricultural is slightly risky. Xingguang Agricultural shows Sharpe Ratio of 0.0122, which attests that the company had a 0.0122 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xingguang Agricultural, which you can use to evaluate the volatility of the company. Please check out Xingguang Agricultural's Downside Deviation of 4.22, mean deviation of 2.74, and Market Risk Adjusted Performance of (0.24) to validate if the risk estimate we provide is consistent with the expected return of 0.046%.
The current year's Total Stockholder Equity is expected to grow to about 596.8 M, whereas Common Stock is forecasted to decline to about 236.9 M. . Xingguang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.7557 | 50 Day MA 8.7608 | Beta 0.734 |
Xingguang |
Sharpe Ratio = 0.0122
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 603789 |
Estimated Market Risk
| 3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Xingguang Agricultural 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 Xingguang Agricultural by adding Xingguang Agricultural to a well-diversified portfolio.
Price Book 5.9965 | Book Value 1.323 | Enterprise Value 2.2 B | Enterprise Value Ebitda (24.69) | Price Sales 6.4789 |
Xingguang Agricultural Valuation on November 29, 2024
It is possible to determine the worth of Xingguang Agricultural on a given historical date. On November 29, 2024 Xingguang was worth 9.08 at the beginning of the trading date compared to the closed value of 9.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xingguang Agricultural stock. Still, in general, we apply an absolute valuation method to find Xingguang Agricultural'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 Xingguang Agricultural where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xingguang Agricultural's related companies.
| Open | High | Low | Close | Volume | |
| 8.81 | 9.30 | 8.81 | 9.10 | 13,626,750 | |
11/29/2024 | 9.08 | 9.28 | 8.91 | 9.14 | 9,638,045 |
| 9.15 | 9.42 | 9.10 | 9.30 | 9,367,385 |
| Backtest Xingguang Agricultural | | | Xingguang Agricultural History | | | Xingguang Agricultural Valuation | Previous | Next |
Xingguang Agricultural Trading Date Momentum on November 29, 2024
| On December 02 2024 Xingguang Agricultural Mach was traded for 9.30 at the closing time. The highest price during the trading period was 9.42 and the lowest recorded bid was listed for 9.10 . The volume for the day was 9.4 M. This history from December 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.75% . The trading price change to the current price is 9.63% . |
Xingguang Agricultural Fundamentals Correlations and Trends
By evaluating Xingguang Agricultural'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 Xingguang Agricultural's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xingguang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xingguang Agricultural Stock history
Xingguang Agricultural 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 Xingguang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xingguang Agricultural 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 Xingguang Agricultural stock prices may prove useful in developing a viable investing in Xingguang Agricultural
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 319 M | 289 M | |
| Net Loss | -166.9 M | -158.6 M |
Xingguang Agricultural Stock Technical Analysis
Xingguang Agricultural 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
Xingguang Agricultural Period Price Range
Low | January 20, 2025
| High |
0.00 | 0.00 |
Xingguang Agricultural Mach 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.
Xingguang Agricultural January 20, 2025 Market Strength
Market strength indicators help investors to evaluate how Xingguang Agricultural stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xingguang Agricultural shares will generate the highest return on investment. By undertsting and applying Xingguang Agricultural stock market strength indicators, traders can identify Xingguang Agricultural Mach entry and exit signals to maximize returns
Xingguang Agricultural Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xingguang Agricultural's price direction in advance. Along with the technical and fundamental analysis of Xingguang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xingguang 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 | 0.0345 | |||
| Jensen Alpha | 0.118 | |||
| Total Risk Alpha | 0.0214 | |||
| Sortino Ratio | 0.0212 | |||
| Treynor Ratio | (0.25) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Xingguang Stock analysis
When running Xingguang Agricultural's price analysis, check to measure Xingguang Agricultural'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 Xingguang Agricultural is operating at the current time. Most of Xingguang Agricultural's value examination focuses on studying past and present price action to predict the probability of Xingguang Agricultural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xingguang Agricultural's price. Additionally, you may evaluate how the addition of Xingguang Agricultural to your portfolios can decrease your overall portfolio volatility.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |