Zhengping RoadBridge (China) Price on December 19, 2024
| 603843 Stock | 3.74 0.15 4.18% |
Below is the normalized historical share price chart for Zhengping RoadBridge Constr extending back to September 05, 2016. 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 Zhengping RoadBridge stands at 3.74, as last reported on the 22nd of December, with the highest price reaching 3.85 and the lowest price hitting 3.51 during the day.
If you're considering investing in Zhengping Stock, it is important to understand the factors that can impact its price. Zhengping RoadBridge appears to be risky, given 3 months investment horizon. Zhengping RoadBridge shows Sharpe Ratio of 0.19, which attests that the company had a 0.19% return per unit of risk over the last 3 months. By examining Zhengping RoadBridge's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please utilize Zhengping RoadBridge's Market Risk Adjusted Performance of 1.26, mean deviation of 3.28, and Downside Deviation of 3.85 to validate if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 1.2 B, whereas Common Stock is forecasted to decline to about 405.2 M. . Zhengping Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.8562 | 50 Day MA 3.1696 | Beta 0.199 |
Zhengping |
Sharpe Ratio = 0.1859
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603843 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.4 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.82 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Zhengping RoadBridge is performing at about 14% 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 Zhengping RoadBridge by adding it to a well-diversified portfolio.
Price Book 2.9382 | Book Value 1.273 | Enterprise Value 4.8 B | Enterprise Value Ebitda 18.685 | Price Sales 1.6763 |
Zhengping RoadBridge Valuation on December 19, 2024
It is possible to determine the worth of Zhengping RoadBridge on a given historical date. On December 19, 2024 Zhengping was worth 3.56 at the beginning of the trading date compared to the closed value of 3.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhengping RoadBridge stock. Still, in general, we apply an absolute valuation method to find Zhengping RoadBridge'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 Zhengping RoadBridge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhengping RoadBridge's related companies.
| Open | High | Low | Close | Volume | |
| 3.73 | 3.76 | 3.53 | 3.56 | 39,858,400 | |
12/19/2024 | 3.56 | 3.68 | 3.50 | 3.59 | 28,055,020 |
| 3.55 | 3.85 | 3.51 | 3.74 | 44,170,860 |
| Backtest Zhengping RoadBridge | | | Zhengping RoadBridge History | | | Zhengping RoadBridge Valuation | Previous | Next |
Zhengping RoadBridge Trading Date Momentum on December 19, 2024
| On December 20 2024 Zhengping RoadBridge Constr was traded for 3.74 at the closing time. The highest price during the trading period was 3.85 and the lowest recorded bid was listed for 3.51 . The volume for the day was 44.2 M. This history from December 20, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.18% . The trading date delta to the current price is 1.11% . |
Zhengping RoadBridge Fundamentals Correlations and Trends
By evaluating Zhengping RoadBridge'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 Zhengping RoadBridge's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhengping financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhengping RoadBridge Stock history
Zhengping RoadBridge 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 Zhengping is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhengping RoadBridge 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 Zhengping RoadBridge stock prices may prove useful in developing a viable investing in Zhengping RoadBridge
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 804.6 M | 681.8 M | |
| Net Income Applicable To Common Shares | 128.1 M | 91.7 M |
Zhengping RoadBridge Stock Technical Analysis
Zhengping RoadBridge 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
Zhengping RoadBridge Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Zhengping RoadBridge Constr 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.
Zhengping RoadBridge December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhengping RoadBridge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhengping RoadBridge shares will generate the highest return on investment. By undertsting and applying Zhengping RoadBridge stock market strength indicators, traders can identify Zhengping RoadBridge Constr entry and exit signals to maximize returns
Zhengping RoadBridge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhengping RoadBridge's price direction in advance. Along with the technical and fundamental analysis of Zhengping Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhengping 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 | 0.1463 | |||
| Jensen Alpha | 0.7215 | |||
| Total Risk Alpha | 0.6149 | |||
| Sortino Ratio | 0.1852 | |||
| Treynor Ratio | 1.25 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhengping Stock analysis
When running Zhengping RoadBridge's price analysis, check to measure Zhengping RoadBridge'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 Zhengping RoadBridge is operating at the current time. Most of Zhengping RoadBridge's value examination focuses on studying past and present price action to predict the probability of Zhengping RoadBridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhengping RoadBridge's price. Additionally, you may evaluate how the addition of Zhengping RoadBridge to your portfolios can decrease your overall portfolio volatility.
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