Zhejiang Huayou (China) Price on October 10, 2024
| 603799 Stock | 30.07 0.14 0.47% |
Below is the normalized historical share price chart for Zhejiang Huayou Cobalt extending back to January 29, 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 Zhejiang Huayou stands at 30.07, as last reported on the 27th of December, with the highest price reaching 30.56 and the lowest price hitting 29.76 during the day.
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. At this point, Zhejiang Huayou is very steady. Zhejiang Huayou Cobalt shows Sharpe Ratio of 0.0253, which attests that the company had a 0.0253% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zhejiang Huayou Cobalt, which you can use to evaluate the volatility of the company. Please check out Zhejiang Huayou's Market Risk Adjusted Performance of 3.22, mean deviation of 2.67, and Downside Deviation of 2.56 to validate if the risk estimate we provide is consistent with the expected return of 0.0817%.
The current year's Total Stockholder Equity is expected to grow to about 36 B, whereas Common Stock is forecasted to decline to about 776.8 M. . Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 27.4725 | 50 Day MA 32.3134 | Beta 1.546 |
Zhejiang |
Sharpe Ratio = 0.0253
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| Cash | Small Risk | 603799 | High Risk | Huge Risk |
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Estimated Market Risk
| 3.22 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 1 99% of assets perform better |
Based on monthly moving average Zhejiang Huayou is performing at about 1% 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 Zhejiang Huayou by adding it to a well-diversified portfolio.
Price Book 1.4235 | Enterprise Value Ebitda 13.6393 | Price Sales 0.8436 | Shares Float 1.2 B | Wall Street Target Price 31.71 |
Zhejiang Huayou Valuation on October 10, 2024
It is possible to determine the worth of Zhejiang Huayou on a given historical date. On October 10, 2024 Zhejiang was worth 30.2 at the beginning of the trading date compared to the closed value of 29.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Huayou stock. Still, in general, we apply an absolute valuation method to find Zhejiang Huayou'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 Zhejiang Huayou where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Huayou's related companies.
| Open | High | Low | Close | Volume | |
| 31.65 | 33.14 | 30.02 | 30.02 | 123,350,964 | |
10/10/2024 | 30.20 | 31.23 | 29.20 | 29.94 | 87,392,848 |
| 29.45 | 29.55 | 27.67 | 28.06 | 71,127,201 |
| Backtest Zhejiang Huayou | | | Zhejiang Huayou History | | | Zhejiang Huayou Valuation | Previous | Next |
Zhejiang Huayou Trading Date Momentum on October 10, 2024
| On October 11 2024 Zhejiang Huayou Cobalt was traded for 28.06 at the closing time. The highest price during the trading period was 29.55 and the lowest recorded bid was listed for 27.67 . The volume for the day was 71.1 M. This history from October 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 6.28% . The trading date delta to the current price is 1.87% . |
Zhejiang Huayou Cobalt Fundamentals Correlations and Trends
By evaluating Zhejiang Huayou'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 Zhejiang Huayou's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhejiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhejiang Huayou Stock history
Zhejiang Huayou 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 Zhejiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhejiang Huayou Cobalt 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 Zhejiang Huayou stock prices may prove useful in developing a viable investing in Zhejiang Huayou
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.7 B | 1.4 B | |
| Net Income Applicable To Common Shares | 4.5 B | 4.7 B |
Zhejiang Huayou Stock Technical Analysis
Zhejiang Huayou 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
Zhejiang Huayou Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Zhejiang Huayou Cobalt 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.
Zhejiang Huayou December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Huayou stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhejiang Huayou shares will generate the highest return on investment. By undertsting and applying Zhejiang Huayou stock market strength indicators, traders can identify Zhejiang Huayou Cobalt entry and exit signals to maximize returns
Zhejiang Huayou Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Huayou's price direction in advance. Along with the technical and fundamental analysis of Zhejiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhejiang 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 | 0.1237 | |||
| Jensen Alpha | 0.5138 | |||
| Total Risk Alpha | 0.4164 | |||
| Sortino Ratio | 0.1933 | |||
| Treynor Ratio | 3.21 |
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| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Huayou's price analysis, check to measure Zhejiang Huayou'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 Zhejiang Huayou is operating at the current time. Most of Zhejiang Huayou's value examination focuses on studying past and present price action to predict the probability of Zhejiang Huayou's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Huayou's price. Additionally, you may evaluate how the addition of Zhejiang Huayou to your portfolios can decrease your overall portfolio volatility.
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