Suzhou Mingzhi (China) Price on February 28, 2024
| 688355 Stock | 18.51 0.27 1.48% |
If you're considering investing in Suzhou Stock, it is important to understand the factors that can impact its price. As of today, the current price of Suzhou Mingzhi stands at 18.51, as last reported on the 2nd of December, with the highest price reaching 18.61 and the lowest price hitting 17.84 during the day. Suzhou Mingzhi appears to be not too volatile, given 3 months investment horizon. Suzhou Mingzhi Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting Suzhou Mingzhi's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please review Suzhou Mingzhi's Semi Deviation of 2.7, coefficient of variation of 480.73, and Risk Adjusted Performance of 0.1671 to confirm if our risk estimates are consistent with your expectations.
As of December 2, 2024, Total Stockholder Equity is expected to decline to about 878.3 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 122.2 M. Suzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Suzhou |
Sharpe Ratio = 0.1635
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688355 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.04 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Suzhou Mingzhi is performing at about 12% 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 Suzhou Mingzhi by adding it to a well-diversified portfolio.
Price Book 2.1719 | Enterprise Value Ebitda 24.1761 | Price Sales 3.7333 | Shares Float 34.9 M | Dividend Share 0.45 |
Suzhou Mingzhi Valuation on February 28, 2024
It is possible to determine the worth of Suzhou Mingzhi on a given historical date. On February 28, 2024 Suzhou was worth 14.89 at the beginning of the trading date compared to the closed value of 13.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Suzhou Mingzhi stock. Still, in general, we apply an absolute valuation method to find Suzhou Mingzhi'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 Suzhou Mingzhi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Suzhou Mingzhi's related companies.
| Open | High | Low | Close | Volume | |
| 14.31 | 14.87 | 14.12 | 14.87 | 1,463,482 | |
02/28/2024 | 14.89 | 15.37 | 13.31 | 13.53 | 2,200,724 |
| 13.53 | 14.33 | 13.05 | 14.21 | 2,721,157 |
| Backtest Suzhou Mingzhi | | | Suzhou Mingzhi History | | | Suzhou Mingzhi Valuation | Previous | Next |
Suzhou Mingzhi Trading Date Momentum on February 28, 2024
| On February 29 2024 Suzhou Mingzhi Technology was traded for 14.21 at the closing time. The highest price during the trading period was 14.33 and the lowest recorded bid was listed for 13.05 . The volume for the day was 2.7 M. This history from February 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 5.03% . The trading price change to the current price is 2.07% . |
Suzhou Mingzhi Technology Fundamentals Correlations and Trends
By evaluating Suzhou Mingzhi'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 Suzhou Mingzhi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Suzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Suzhou Mingzhi Stock history
Suzhou Mingzhi 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 Suzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Suzhou Mingzhi Technology 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 Suzhou Mingzhi stock prices may prove useful in developing a viable investing in Suzhou Mingzhi
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 142.5 M | 122.2 M |
Suzhou Mingzhi Quarterly Net Working Capital |
|
Suzhou Mingzhi Stock Technical Analysis
Suzhou Mingzhi 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
Suzhou Mingzhi Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Suzhou Mingzhi 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.
Suzhou Mingzhi December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Suzhou Mingzhi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Suzhou Mingzhi shares will generate the highest return on investment. By undertsting and applying Suzhou Mingzhi stock market strength indicators, traders can identify Suzhou Mingzhi Technology entry and exit signals to maximize returns
Suzhou Mingzhi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Suzhou Mingzhi's price direction in advance. Along with the technical and fundamental analysis of Suzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Suzhou 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 | 0.1671 | |||
| Jensen Alpha | 0.8308 | |||
| Total Risk Alpha | 0.1542 | |||
| Sortino Ratio | 0.2076 | |||
| Treynor Ratio | (11.13) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Suzhou Stock analysis
When running Suzhou Mingzhi's price analysis, check to measure Suzhou Mingzhi'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 Suzhou Mingzhi is operating at the current time. Most of Suzhou Mingzhi's value examination focuses on studying past and present price action to predict the probability of Suzhou Mingzhi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suzhou Mingzhi's price. Additionally, you may evaluate how the addition of Suzhou Mingzhi to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |