Zhongyin Babi (China) Price on March 27, 2024

605338 Stock   18.10  0.31  1.68%   
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 18.10, as last reported on the 5th of December, with the highest price reaching 18.69 and the lowest price hitting 17.50 during the day.
200 Day MA
15.3623
50 Day MA
15.774
Beta
0.745
 
Covid
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 2.22, mean deviation of 1.96, and Market Risk Adjusted Performance of 2.95 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.

Sharpe Ratio = 0.2178

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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 27, 2024

It is possible to determine the worth of Zhongyin Babi on a given historical date. On March 27, 2024 Zhongyin was worth 16.66 at the beginning of the trading date compared to the closed value of 16.55. 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
  16.62    16.80    16.43    16.68    1,328,900  
03/27/2024
  16.66    17.00    16.51    16.55    1,333,900  
  16.50    16.67    16.28    16.40    2,082,800  
Backtest Zhongyin Babi  |  Zhongyin Babi History  |  Zhongyin Babi Valuation   PreviousNext  
Open Value
16.66
16.55
Closing Value
24.35
Upside

Zhongyin Babi Trading Date Momentum on March 27, 2024

On March 28 2024 Zhongyin Babi Food was traded for  16.40  at the closing time. The highest price during the trading period was 16.67  and the lowest recorded bid was listed for  16.28 . The volume for the day was 2.1 M. This history from March 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.91% . The trading date delta to the current price is 3.38% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding250.1 M259.6 M

Zhongyin Babi Quarterly Net Working Capital

1.05 Billion

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.
A focus of Zhongyin Babi technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zhongyin Babi 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

Zhongyin Babi Period Price Range

Low
December 5, 2024
0.00  NaN%
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 5, 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.

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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