Ningbo Tip (China) Price on September 26, 2024
| 605255 Stock | 14.10 0.02 0.14% |
Below is the normalized historical share price chart for Ningbo Tip Rubber extending back to August 25, 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 Ningbo Tip stands at 14.10, as last reported on the 11th of December 2024, with the highest price reaching 14.56 and the lowest price hitting 14.00 during the day.
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. Ningbo Tip appears to be not too volatile, given 3 months investment horizon. Ningbo Tip Rubber has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Ningbo Tip's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please exercise Ningbo Tip's Downside Deviation of 3.06, mean deviation of 2.12, and Risk Adjusted Performance of 0.1187 to check out if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 882 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 140.1 M. . Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 12.856 | 50 Day MA 12.8684 | Beta 0.058 |
Ningbo |
Sharpe Ratio = 0.1992
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 605255 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.01 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Ningbo Tip is performing at about 15% 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 Ningbo Tip by adding it to a well-diversified portfolio.
Price Book 2.2685 | Enterprise Value Ebitda 44.4853 | Price Sales 5.6414 | Shares Float 31.2 M | Dividend Share 0.22 |
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Ningbo Tip Valuation on September 26, 2024
It is possible to determine the worth of Ningbo Tip on a given historical date. On September 26, 2024 Ningbo was worth 10.6 at the beginning of the trading date compared to the closed value of 10.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ningbo Tip stock. Still, in general, we apply an absolute valuation method to find Ningbo Tip'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 Ningbo Tip where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ningbo Tip's related companies.
| Open | High | Low | Close | Volume | |
| 10.66 | 10.85 | 10.59 | 10.65 | 1,896,700 | |
09/26/2024 | 10.60 | 10.90 | 10.60 | 10.90 | 1,564,700 |
| 11.04 | 11.57 | 10.92 | 11.38 | 1,668,500 |
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Ningbo Tip Trading Date Momentum on September 26, 2024
| On September 27 2024 Ningbo Tip Rubber was traded for 11.38 at the closing time. The highest price during the trading period was 11.57 and the lowest recorded bid was listed for 10.92 . The volume for the day was 1.7 M. This history from September 27, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.40% . The trading delta at closing time to the current price is 24.04% . |
Ningbo Tip Rubber Fundamentals Correlations and Trends
By evaluating Ningbo Tip'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 Ningbo Tip's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ningbo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ningbo Tip Stock history
Ningbo Tip 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 Ningbo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ningbo Tip Rubber 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 Ningbo Tip stock prices may prove useful in developing a viable investing in Ningbo Tip
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 154.2 M | 140.1 M | |
| Net Income Applicable To Common Shares | 35.5 M | 48.1 M |
Ningbo Tip Quarterly Net Working Capital |
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Ningbo Tip Stock Technical Analysis
Ningbo Tip 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
Ningbo Tip Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ningbo Tip Rubber 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.
Ningbo Tip December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ningbo Tip stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ningbo Tip shares will generate the highest return on investment. By undertsting and applying Ningbo Tip stock market strength indicators, traders can identify Ningbo Tip Rubber entry and exit signals to maximize returns
Ningbo Tip Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ningbo Tip's price direction in advance. Along with the technical and fundamental analysis of Ningbo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ningbo 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 | 0.1187 | |||
| Jensen Alpha | 0.4165 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1034 | |||
| Treynor Ratio | 3.42 |
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| Volume Indicators |
Complementary Tools for Ningbo Stock analysis
When running Ningbo Tip's price analysis, check to measure Ningbo Tip'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 Ningbo Tip is operating at the current time. Most of Ningbo Tip's value examination focuses on studying past and present price action to predict the probability of Ningbo Tip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ningbo Tip's price. Additionally, you may evaluate how the addition of Ningbo Tip to your portfolios can decrease your overall portfolio volatility.
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