Hi-Trend Tech(Shanghai)Co (China) Price on September 27, 2024
| 688391 Stock | 32.85 0.49 1.51% |
If you're considering investing in Hi-Trend Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hi-Trend Tech(Shanghai)Co stands at 32.85, as last reported on the 1st of December, with the highest price reaching 33.15 and the lowest price hitting 31.79 during the day. Hi-Trend Tech(Shanghai)Co appears to be not too volatile, given 3 months investment horizon. Hi-Trend Tech(Shanghai)Co retains Efficiency (Sharpe Ratio) of 0.12, which attests that the entity had a 0.12% return per unit of price deviation over the last 3 months. By examining Hi-Trend Tech(Shanghai)Co's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please utilize Hi-Trend Tech(Shanghai)Co's Standard Deviation of 4.76, semi deviation of 3.57, and Market Risk Adjusted Performance of (3.72) to validate if our risk estimates are consistent with your expectations.
As of December 1, 2024, Total Stockholder Equity is expected to decline to about 1.3 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 116.6 M. Hi-Trend Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hi-Trend |
Sharpe Ratio = 0.1189
| Best Portfolio | Best Equity | |||
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| Small Returns | 688391 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.98 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Hi-Trend Tech(Shanghai)Co is performing at about 9% 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 Hi-Trend Tech(Shanghai)Co by adding it to a well-diversified portfolio.
Price Book 2.0332 | Enterprise Value Ebitda 39.9643 | Price Sales 6.5346 | Shares Float 45.6 M | Dividend Share 0.552 |
Hi-Trend Tech(Shanghai)Co Main Headline on 27th of September 2024
Hi-Target Navigation Tech Co.,Ltds 45 percent Share Price Su... by news.google.com
Hi-Target Navigation Tech Co.,Ltds 45 percent Share Price Surge Not Quite Adding Up Simply Wall St
Hi-Trend Tech(Shanghai)Co Valuation on September 27, 2024
It is possible to determine the worth of Hi-Trend Tech(Shanghai)Co on a given historical date. On September 27, 2024 Hi-Trend was worth 28.29 at the beginning of the trading date compared to the closed value of 31.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hi-Trend Tech(Shanghai)Co stock. Still, in general, we apply an absolute valuation method to find Hi-Trend Tech(Shanghai)Co'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 Hi-Trend Tech(Shanghai)Co where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hi-Trend Tech(Shanghai)Co's related companies.
| Open | High | Low | Close | Volume | |
| 26.36 | 27.40 | 26.01 | 27.39 | 484,941 | |
09/27/2024 | 28.29 | 32.12 | 28.29 | 31.13 | 2,451,850 |
| 37.36 | 37.36 | 32.68 | 35.91 | 3,589,603 |
| Backtest Hi-Trend Tech(Shanghai)Co | | | Hi-Trend Tech(Shanghai)Co History | | | Hi-Trend Tech(Shanghai)Co Valuation | Previous | Next |
Hi-Trend Tech(Shanghai)Co Trading Date Momentum on September 27, 2024
| On September 30 2024 Hi Trend TechCo was traded for 35.91 at the closing time. The highest price during the trading period was 37.36 and the lowest recorded bid was listed for 32.68 . The volume for the day was 3.6 M. This history from September 30, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 15.35% . The trading delta at closing time to the current price is 34.53% . |
Hi-Trend Tech(Shanghai)Co Fundamentals Correlations and Trends
By evaluating Hi-Trend Tech(Shanghai)Co'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 Hi-Trend Tech(Shanghai)Co's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hi-Trend financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hi-Trend Tech(Shanghai)Co Stock history
Hi-Trend Tech(Shanghai)Co 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 Hi-Trend is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hi-Trend Tech(Shanghai)Co 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 Hi-Trend Tech(Shanghai)Co stock prices may prove useful in developing a viable investing in Hi-Trend Tech(Shanghai)Co
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 139.3 M | 116.6 M |
Hi-Trend Tech(Shanghai)Co Quarterly Net Working Capital |
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Hi-Trend Tech(Shanghai)Co Stock Technical Analysis
Hi-Trend Tech(Shanghai)Co 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
Hi-Trend Tech(Shanghai)Co Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Hi Trend TechCo 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.
Hi-Trend Tech(Shanghai)Co December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Hi-Trend Tech(Shanghai)Co stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hi-Trend Tech(Shanghai)Co shares will generate the highest return on investment. By undertsting and applying Hi-Trend Tech(Shanghai)Co stock market strength indicators, traders can identify Hi Trend TechCo entry and exit signals to maximize returns
Hi-Trend Tech(Shanghai)Co Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hi-Trend Tech(Shanghai)Co's price direction in advance. Along with the technical and fundamental analysis of Hi-Trend Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hi-Trend 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 | 0.0987 | |||
| Jensen Alpha | 0.571 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.104 | |||
| Treynor Ratio | (3.73) |
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| Volume Indicators |
Complementary Tools for Hi-Trend Stock analysis
When running Hi-Trend Tech(Shanghai)Co's price analysis, check to measure Hi-Trend Tech(Shanghai)Co'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 Hi-Trend Tech(Shanghai)Co is operating at the current time. Most of Hi-Trend Tech(Shanghai)Co's value examination focuses on studying past and present price action to predict the probability of Hi-Trend Tech(Shanghai)Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hi-Trend Tech(Shanghai)Co's price. Additionally, you may evaluate how the addition of Hi-Trend Tech(Shanghai)Co to your portfolios can decrease your overall portfolio volatility.
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