Nanjing Medlander (China) Price on November 8, 2024

688273 Stock   25.56  0.57  2.18%   
If you're considering investing in Nanjing Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nanjing Medlander stands at 25.56, as last reported on the 4th of December, with the highest price reaching 26.12 and the lowest price hitting 25.47 during the day. Nanjing Medlander appears to be not too volatile, given 3 months investment horizon. Nanjing Medlander Medical has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nanjing Medlander, which you can use to evaluate the volatility of the firm. Please exercise Nanjing Medlander's Mean Deviation of 2.34, risk adjusted performance of 0.1188, and Downside Deviation of 3.15 to check out if our risk estimates are consistent with your expectations.
  
As of December 4, 2024, Total Stockholder Equity is expected to decline to about 907.5 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 96.4 M. Nanjing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1124

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Estimated Market Risk

 3.59
  actual daily
31
69% of assets are more volatile

Expected Return

 0.4
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Nanjing Medlander is performing at about 8% 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 Nanjing Medlander by adding it to a well-diversified portfolio.
Price Book
1.9953
Enterprise Value Ebitda
14.48
Price Sales
6.7096
Shares Float
31.1 M
Dividend Share
1

Nanjing Medlander Main Headline on 8th of November 2024

Weak Statutory Earnings May Not Tell The Whole Story For Nanjing Medlander Medical TechnologyLtd Simply Wall St

Nanjing Medlander Valuation on November 8, 2024

It is possible to determine the worth of Nanjing Medlander on a given historical date. On November 8, 2024 Nanjing was worth 26.21 at the beginning of the trading date compared to the closed value of 26.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nanjing Medlander stock. Still, in general, we apply an absolute valuation method to find Nanjing Medlander'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 Nanjing Medlander where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nanjing Medlander's related companies.
 Open High Low Close Volume
  25.01    25.97    24.95    25.86    1,601,449  
11/08/2024
  26.21    26.48    25.80    26.30    2,038,429  
  25.80    27.49    25.59    27.43    2,822,008  
Backtest Nanjing Medlander  |  Nanjing Medlander History  |  Nanjing Medlander Valuation   PreviousNext  
Open Value
26.21
26.3
Closing Value
36.98
Upside

Nanjing Medlander Trading Date Momentum on November 8, 2024

On November 11 2024 Nanjing Medlander Medical was traded for  27.43  at the closing time. The highest price during the trading period was 27.49  and the lowest recorded bid was listed for  25.59 . The volume for the day was 2.8 M. This history from November 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.30% . The trading delta at closing time to the current price is 1.22% .

Nanjing Medlander Medical Fundamentals Correlations and Trends

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

About Nanjing Medlander Stock history

Nanjing Medlander 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 Nanjing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nanjing Medlander 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 Nanjing Medlander stock prices may prove useful in developing a viable investing in Nanjing Medlander
Last ReportedProjected for Next Year
Common Stock Shares Outstanding100.6 M96.4 M

Nanjing Medlander Quarterly Net Working Capital

963.61 Million

Nanjing Medlander Stock Technical Analysis

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

Nanjing Medlander Period Price Range

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December 4, 2024
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Nanjing Medlander Medical 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.

Nanjing Medlander December 4, 2024 Market Strength

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

Nanjing Medlander Technical and Predictive Indicators

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

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