Threes Company (China) Price on December 5, 2024
605168 Stock | 38.40 0.91 2.31% |
Below is the normalized historical share price chart for Threes Company Media extending back to May 28, 2020. 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 Threes Company stands at 38.40, as last reported on the 29th of December, with the highest price reaching 39.54 and the lowest price hitting 38.01 during the day.
If you're considering investing in Threes Stock, it is important to understand the factors that can impact its price. Threes Company appears to be not too volatile, given 3 months investment horizon. Threes Company owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0866, which indicates the firm had a 0.0866% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Threes Company Media, which you can use to evaluate the volatility of the company. Please review Threes Company's Coefficient Of Variation of 579.53, semi deviation of 3.6, and Risk Adjusted Performance of 0.1457 to confirm if our risk estimates are consistent with your expectations.
At present, Threes Company's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 225 M, whereas Common Stock is forecasted to decline to about 70.4 M. . Threes Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 35.0065 | 50 Day MA 34.4664 | Beta 1.755 |
Threes |
Sharpe Ratio = 0.0866
Best Portfolio | Best Equity | |||
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Small Returns | 605168 | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
4.25 actual daily | 37 63% 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 Threes Company 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 Threes Company by adding it to a well-diversified portfolio.
Price Book 2.9015 | Enterprise Value Ebitda 18.2515 | Price Sales 1.8059 | Shares Float 89.2 M | Wall Street Target Price 36.54 |
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Threes Company Valuation on December 5, 2024
It is possible to determine the worth of Threes Company on a given historical date. On December 5, 2024 Threes was worth 33.04 at the beginning of the trading date compared to the closed value of 36.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Threes Company stock. Still, in general, we apply an absolute valuation method to find Threes Company'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 Threes Company where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Threes Company's related companies.
Open | High | Low | Close | Volume | |
33.96 | 33.96 | 32.60 | 33.04 | 7,015,158 | |
12/05/2024 | 33.04 | 36.34 | 33.02 | 36.34 | 13,300,041 |
37.70 | 39.43 | 36.92 | 37.90 | 29,395,651 |
Backtest Threes Company | | | Threes Company History | | | Threes Company Valuation | Previous | Next |
Threes Company Trading Date Momentum on December 5, 2024
On December 06 2024 Threes Company Media was traded for 37.90 at the closing time. The highest price during the trading period was 39.43 and the lowest recorded bid was listed for 36.92 . The volume for the day was 29.4 M. This history from December 6, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.29% . The trading price change to the current price is 6.36% . |
Threes Company Fundamentals Correlations and Trends
By evaluating Threes Company'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 Threes Company's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Threes financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Threes Company Stock history
Threes Company 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 Threes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Threes Company 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 Threes Company stock prices may prove useful in developing a viable investing in Threes Company
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 214.3 M | 225 M | |
Net Income Applicable To Common Shares | 846.8 M | 889.2 M |
Threes Company Quarterly Net Working Capital |
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Threes Company Stock Technical Analysis
Threes Company 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
Threes Company Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Threes Company Media 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.
Threes Company December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Threes Company stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Threes Company shares will generate the highest return on investment. By undertsting and applying Threes Company stock market strength indicators, traders can identify Threes Company Media entry and exit signals to maximize returns
Threes Company Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Threes Company's price direction in advance. Along with the technical and fundamental analysis of Threes Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Threes 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 | 0.1457 | |||
Jensen Alpha | 0.7353 | |||
Total Risk Alpha | 0.6169 | |||
Sortino Ratio | 0.1691 | |||
Treynor Ratio | 7.63 |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for Threes Stock analysis
When running Threes Company's price analysis, check to measure Threes Company'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 Threes Company is operating at the current time. Most of Threes Company's value examination focuses on studying past and present price action to predict the probability of Threes Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Threes Company's price. Additionally, you may evaluate how the addition of Threes Company to your portfolios can decrease your overall portfolio volatility.
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