Eyebright Medical (China) Price on August 31, 2023

688050 Stock   92.51  3.99  4.51%   
Below is the normalized historical share price chart for Eyebright Medical Technology extending back to July 29, 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 Eyebright Medical stands at 92.51, as last reported on the 25th of December, with the highest price reaching 93.00 and the lowest price hitting 88.88 during the day.
200 Day MA
100.7692
50 Day MA
94.3978
Beta
0.523
 
Covid
If you're considering investing in Eyebright Stock, it is important to understand the factors that can impact its price. Eyebright Medical appears to be very steady, given 3 months investment horizon. Eyebright Medical secures Sharpe Ratio (or Efficiency) of 0.0662, which denotes the company had a 0.0662% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eyebright Medical Technology, which you can use to evaluate the volatility of the firm. Please utilize Eyebright Medical's Mean Deviation of 3.2, coefficient of variation of 1493.55, and Downside Deviation of 3.38 to check if our risk estimates are consistent with your expectations.
  
At present, Eyebright Medical's Liabilities And Stockholders Equity 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 109.9 M, whereas Total Stockholder Equity is forecasted to decline to about 1.2 B. . Eyebright Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0662

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Estimated Market Risk

 4.2
  actual daily
37
63% of assets are more volatile

Expected Return

 0.28
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Eyebright Medical is performing at about 5% 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 Eyebright Medical by adding it to a well-diversified portfolio.
Price Book
7.2002
Enterprise Value Ebitda
39.0598
Price Sales
12.9089
Shares Float
123.2 M
Dividend Share
0.272

Eyebright Medical Valuation on August 31, 2023

It is possible to determine the worth of Eyebright Medical on a given historical date. On August 31, 2023 Eyebright was worth 294.25 at the beginning of the trading date compared to the closed value of 161.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eyebright Medical stock. Still, in general, we apply an absolute valuation method to find Eyebright Medical'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 Eyebright Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eyebright Medical's related companies.
 Open High Low Close Volume
  289.69    298.19    162.48    162.48    688,765  
08/31/2023
  294.25    294.25    161.30    161.30    391,779  
  291.08    303.79    164.20    164.20    892,999  
Backtest Eyebright Medical  |  Eyebright Medical History  |  Eyebright Medical Valuation   PreviousNext  
Open Value
294.25
281.65
Downside
161.3
Closing Value
306.85
Upside

Eyebright Medical Trading Date Momentum on August 31, 2023

On September 01 2023 Eyebright Medical Technology was traded for  164.20  at the closing time. The highest price during the trading period was 303.79  and the lowest recorded bid was listed for  164.20 . The volume for the day was 893 K. This history from September 1, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.80% . The overall trading delta to the current price is 0.45% .

Eyebright Medical Fundamentals Correlations and Trends

By evaluating Eyebright Medical'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 Eyebright Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eyebright financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Eyebright Medical Stock history

Eyebright Medical 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 Eyebright is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eyebright Medical 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 Eyebright Medical stock prices may prove useful in developing a viable investing in Eyebright Medical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding189.5 M106.7 M

Eyebright Medical Quarterly Net Working Capital

938.72 Million

Eyebright Medical Stock Technical Analysis

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

Eyebright Medical Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Eyebright Medical 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.

Eyebright Medical December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Eyebright Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eyebright Medical shares will generate the highest return on investment. By undertsting and applying Eyebright Medical stock market strength indicators, traders can identify Eyebright Medical Technology entry and exit signals to maximize returns

Eyebright Medical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Eyebright Medical's price direction in advance. Along with the technical and fundamental analysis of Eyebright Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eyebright 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 Eyebright Stock analysis

When running Eyebright Medical's price analysis, check to measure Eyebright Medical'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 Eyebright Medical is operating at the current time. Most of Eyebright Medical's value examination focuses on studying past and present price action to predict the probability of Eyebright Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eyebright Medical's price. Additionally, you may evaluate how the addition of Eyebright Medical to your portfolios can decrease your overall portfolio volatility.
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