Nancal Energy (China) Price on December 2, 2024
| 603859 Stock | 31.29 1.10 3.64% |
Below is the normalized historical share price chart for Nancal Energy Saving Tech extending back to October 21, 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 Nancal Energy stands at 31.29, as last reported on the 4th of December, with the highest price reaching 32.22 and the lowest price hitting 29.77 during the day.
If you're considering investing in Nancal Stock, it is important to understand the factors that can impact its price. Nancal Energy is somewhat reliable given 3 months investment horizon. Nancal Energy Saving has Sharpe Ratio of 0.29, which conveys that the firm had a 0.29% return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.44% are justified by taking the suggested risk. Use Nancal Energy Saving Mean Deviation of 3.69, downside deviation of 4.2, and Risk Adjusted Performance of 0.2089 to evaluate company specific risk that cannot be diversified away.
The current year's Total Stockholder Equity is expected to grow to about 2.9 B, whereas Common Stock is forecasted to decline to about 126.3 M. . Nancal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 22.067 | 50 Day MA 23.2926 | Beta 0.702 |
Nancal |
Sharpe Ratio = 0.29
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 603859 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.96 actual daily | 44 56% of assets are more volatile |
Expected Return
| 1.44 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Nancal Energy is performing at about 22% 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 Nancal Energy by adding it to a well-diversified portfolio.
Price Book 2.6253 | Enterprise Value Ebitda 28.6042 | Price Sales 5.6634 | Shares Float 173.7 M | Wall Street Target Price 25.04 |
Nancal Energy Valuation on December 2, 2024
It is possible to determine the worth of Nancal Energy on a given historical date. On December 2, 2024 Nancal was worth 29.69 at the beginning of the trading date compared to the closed value of 30.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nancal Energy stock. Still, in general, we apply an absolute valuation method to find Nancal Energy'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 Nancal Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nancal Energy's related companies.
| Open | High | Low | Close | Volume | |
| 28.81 | 30.35 | 28.11 | 29.69 | 19,996,718 | |
12/02/2024 | 29.69 | 30.99 | 29.00 | 30.19 | 14,994,288 |
| 30.08 | 32.22 | 29.77 | 31.29 | 20,047,191 |
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Nancal Energy Trading Date Momentum on December 2, 2024
| On December 03 2024 Nancal Energy Saving Tech was traded for 31.29 at the closing time. The highest price during the trading period was 32.22 and the lowest recorded bid was listed for 29.77 . The volume for the day was 20 M. This history from December 3, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.64% . The trading delta at closing time to the current price is 0.36% . |
Nancal Energy Saving Fundamentals Correlations and Trends
By evaluating Nancal Energy'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 Nancal Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nancal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nancal Energy Stock history
Nancal Energy 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 Nancal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nancal Energy Saving 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 Nancal Energy stock prices may prove useful in developing a viable investing in Nancal Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 246.5 M | 170.6 M | |
| Net Income Applicable To Common Shares | 228 M | 239.4 M |
Nancal Energy Quarterly Net Working Capital |
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Nancal Energy Stock Technical Analysis
Nancal Energy 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
Nancal Energy Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Nancal Energy Saving Tech 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.
Nancal Energy December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Nancal Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nancal Energy shares will generate the highest return on investment. By undertsting and applying Nancal Energy stock market strength indicators, traders can identify Nancal Energy Saving Tech entry and exit signals to maximize returns
Nancal Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nancal Energy's price direction in advance. Along with the technical and fundamental analysis of Nancal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nancal 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 | 0.2089 | |||
| Jensen Alpha | 1.34 | |||
| Total Risk Alpha | 0.5997 | |||
| Sortino Ratio | 0.2727 | |||
| Treynor Ratio | (1.48) |
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| Volume Indicators |
Complementary Tools for Nancal Stock analysis
When running Nancal Energy's price analysis, check to measure Nancal Energy'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 Nancal Energy is operating at the current time. Most of Nancal Energy's value examination focuses on studying past and present price action to predict the probability of Nancal Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nancal Energy's price. Additionally, you may evaluate how the addition of Nancal Energy to your portfolios can decrease your overall portfolio volatility.
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