Threes Company (China) Price on December 13, 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.
200 Day MA
35.0065
50 Day MA
34.4664
Beta
1.755
 
Covid
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 Semi Deviation of 3.6, coefficient of variation of 579.53, 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.

Sharpe Ratio = 0.0866

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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

Threes Company Valuation on December 13, 2024

It is possible to determine the worth of Threes Company on a given historical date. On December 13, 2024 Threes was worth 38.6 at the beginning of the trading date compared to the closed value of 39.05. 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
  40.00    40.98    38.51    39.00    11,245,703  
12/13/2024
  38.60    40.21    38.28    39.05    12,258,687  
  38.65    40.15    37.85    39.73    10,851,065  
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Open Value
38.6
39.05
Closing Value
51.34
Upside

Threes Company Trading Date Momentum on December 13, 2024

On December 16 2024 Threes Company Media was traded for  39.73  at the closing time. The highest price during the trading period was 40.15  and the lowest recorded bid was listed for  37.85 . The volume for the day was 10.9 M. This history from December 16, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.74% . The trading price change to the current price is 0.13% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding214.3 M225 M
Net Income Applicable To Common Shares846.8 M889.2 M

Threes Company Quarterly Net Working Capital

1.75 Billion

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.
A focus of Threes Company technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Threes Company trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Threes Company Period Price Range

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December 29, 2024
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High

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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.

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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