Hygon Information (China) Price on February 27, 2024
| 688041 Stock | 136.70 5.64 4.30% |
If you're considering investing in Hygon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hygon Information stands at 136.70, as last reported on the 23rd of December, with the highest price reaching 141.50 and the lowest price hitting 131.06 during the day. Hygon Information appears to be very steady, given 3 months investment horizon. Hygon Information holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. By evaluating Hygon Information's technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please utilize Hygon Information's Risk Adjusted Performance of 0.1719, market risk adjusted performance of 1.47, and Downside Deviation of 3.12 to validate if our risk estimates are consistent with your expectations.
As of December 23, 2024, Total Stockholder Equity is expected to decline to about 12.6 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 2.4 B. Hygon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hygon |
Sharpe Ratio = 0.1961
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688041 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.0 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Hygon Information 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 Hygon Information by adding it to a well-diversified portfolio.
Price Book 15.3668 | Enterprise Value Ebitda 112.0527 | Price Sales 39.4121 | Shares Float 773.5 M | Dividend Share 0.11 |
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Hygon Information Valuation on February 27, 2024
It is possible to determine the worth of Hygon Information on a given historical date. On February 27, 2024 Hygon was worth 81.18 at the beginning of the trading date compared to the closed value of 87.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hygon Information stock. Still, in general, we apply an absolute valuation method to find Hygon Information'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 Hygon Information where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hygon Information's related companies.
| Open | High | Low | Close | Volume | |
| 80.06 | 84.48 | 79.66 | 82.03 | 25,612,476 | |
02/27/2024 | 81.18 | 88.49 | 80.61 | 87.87 | 37,833,674 |
| 86.97 | 89.19 | 83.16 | 83.16 | 34,808,926 |
| Backtest Hygon Information | | | Hygon Information History | | | Hygon Information Valuation | Previous | Next |
Hygon Information Trading Date Momentum on February 27, 2024
| On February 28 2024 Hygon Information Technology was traded for 83.16 at the closing time. The highest price during the trading period was 89.19 and the lowest recorded bid was listed for 83.16 . The volume for the day was 34.8 M. This history from February 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.36% . The trading delta at closing time to the current price is 7.49% . |
Hygon Information Fundamentals Correlations and Trends
By evaluating Hygon Information'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 Hygon Information's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hygon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hygon Information Stock history
Hygon Information 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 Hygon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hygon Information 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 Hygon Information stock prices may prove useful in developing a viable investing in Hygon Information
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.7 B | 2.4 B |
Hygon Information Quarterly Net Working Capital |
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Hygon Information Stock Technical Analysis
Hygon Information 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
Hygon Information Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Hygon Information Technology 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.
Hygon Information December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Hygon Information stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hygon Information shares will generate the highest return on investment. By undertsting and applying Hygon Information stock market strength indicators, traders can identify Hygon Information Technology entry and exit signals to maximize returns
Hygon Information Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hygon Information's price direction in advance. Along with the technical and fundamental analysis of Hygon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hygon 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 | 0.1719 | |||
| Jensen Alpha | 0.9738 | |||
| Total Risk Alpha | 0.8479 | |||
| Sortino Ratio | 0.3097 | |||
| Treynor Ratio | 1.46 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hygon Stock analysis
When running Hygon Information's price analysis, check to measure Hygon Information'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 Hygon Information is operating at the current time. Most of Hygon Information's value examination focuses on studying past and present price action to predict the probability of Hygon Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hygon Information's price. Additionally, you may evaluate how the addition of Hygon Information to your portfolios can decrease your overall portfolio volatility.
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