Zhongyin Babi (China) Price on March 26, 2024
| 605338 Stock | 18.41 0.54 3.02% |
Below is the normalized historical share price chart for Zhongyin Babi Food extending back to October 12, 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 Zhongyin Babi stands at 18.41, as last reported on the 4th of December, with the highest price reaching 19.00 and the lowest price hitting 17.55 during the day.
If you're considering investing in Zhongyin Stock, it is important to understand the factors that can impact its price. Zhongyin Babi appears to be not too volatile, given 3 months investment horizon. Zhongyin Babi Food shows Sharpe Ratio of 0.22, which attests that the company had a 0.22% return per unit of risk over the last 3 months. By examining Zhongyin Babi's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize Zhongyin Babi's Downside Deviation of 2.24, market risk adjusted performance of 3.39, and Mean Deviation of 1.94 to validate if our risk estimates are consistent with your expectations.
At present, Zhongyin Babi's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 259.6 M, whereas Total Stockholder Equity is forecasted to decline to about 1.9 B. . Zhongyin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 15.3623 | 50 Day MA 15.774 | Beta 0.745 |
Zhongyin |
Sharpe Ratio = 0.2183
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 605338 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.56 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Zhongyin Babi is performing at about 17% 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 Zhongyin Babi by adding it to a well-diversified portfolio.
Price Book 2.0603 | Enterprise Value Ebitda 10.1937 | Price Sales 2.7133 | Shares Float 81.8 M | Dividend Share 0.4 |
Zhongyin Babi Valuation on March 26, 2024
It is possible to determine the worth of Zhongyin Babi on a given historical date. On March 26, 2024 Zhongyin was worth 16.62 at the beginning of the trading date compared to the closed value of 16.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhongyin Babi stock. Still, in general, we apply an absolute valuation method to find Zhongyin Babi'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 Zhongyin Babi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhongyin Babi's related companies.
| Open | High | Low | Close | Volume | |
| 17.14 | 17.14 | 16.43 | 16.46 | 1,423,200 | |
03/26/2024 | 16.62 | 16.80 | 16.43 | 16.68 | 1,328,900 |
| 16.66 | 17.00 | 16.51 | 16.55 | 1,333,900 |
| Backtest Zhongyin Babi | | | Zhongyin Babi History | | | Zhongyin Babi Valuation | Previous | Next |
Zhongyin Babi Trading Date Momentum on March 26, 2024
| On March 27 2024 Zhongyin Babi Food was traded for 16.55 at the closing time. The highest price during the trading period was 17.00 and the lowest recorded bid was listed for 16.51 . The volume for the day was 1.3 M. This history from March 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.78% . The trading date delta to the current price is 2.58% . |
Zhongyin Babi Food Fundamentals Correlations and Trends
By evaluating Zhongyin Babi'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 Zhongyin Babi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhongyin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhongyin Babi Stock history
Zhongyin Babi 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 Zhongyin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhongyin Babi Food 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 Zhongyin Babi stock prices may prove useful in developing a viable investing in Zhongyin Babi
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 250.1 M | 259.6 M |
Zhongyin Babi Quarterly Net Working Capital |
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Zhongyin Babi Stock Technical Analysis
Zhongyin Babi 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
Zhongyin Babi Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Zhongyin Babi Food 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.
Zhongyin Babi December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhongyin Babi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhongyin Babi shares will generate the highest return on investment. By undertsting and applying Zhongyin Babi stock market strength indicators, traders can identify Zhongyin Babi Food entry and exit signals to maximize returns
Zhongyin Babi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhongyin Babi's price direction in advance. Along with the technical and fundamental analysis of Zhongyin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhongyin 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 | 0.1872 | |||
| Jensen Alpha | 0.5908 | |||
| Total Risk Alpha | 0.2541 | |||
| Sortino Ratio | 0.2261 | |||
| Treynor Ratio | 3.38 |
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhongyin Stock analysis
When running Zhongyin Babi's price analysis, check to measure Zhongyin Babi'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 Zhongyin Babi is operating at the current time. Most of Zhongyin Babi's value examination focuses on studying past and present price action to predict the probability of Zhongyin Babi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhongyin Babi's price. Additionally, you may evaluate how the addition of Zhongyin Babi to your portfolios can decrease your overall portfolio volatility.
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