Hi-Trend Tech(Shanghai)Co (China) Price on November 29, 2024
| 688391 Stock | 31.09 0.38 1.24% |
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 31.09, as last reported on the 26th of March, with the highest price reaching 31.30 and the lowest price hitting 30.46 during the day. Hi-Trend Tech(Shanghai)Co retains Efficiency (Sharpe Ratio) of -0.0395, which attests that the entity had a -0.0395 % return per unit of price deviation over the last 3 months. Hi-Trend Tech(Shanghai)Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hi-Trend Tech(Shanghai)Co's Market Risk Adjusted Performance of 0.7827, information ratio of (0.05), and Coefficient Of Variation of (2,052) to validate the risk estimate we provide.
As of March 26, 2025, 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 = -0.0395
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| Negative Returns | 688391 |
Estimated Market Risk
| 2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hi-Trend Tech(Shanghai)Co is not performing at its full potential. However, 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 Hi-Trend Tech(Shanghai)Co to a well-diversified portfolio.
Price Book 1.9007 | Enterprise Value Ebitda 36.3685 | Price Sales 5.9764 | Shares Float 44.3 M | Wall Street Target Price 97.68 |
Hi-Trend Tech(Shanghai)Co Valuation on November 29, 2024
It is possible to determine the worth of Hi-Trend Tech(Shanghai)Co on a given historical date. On November 29, 2024 Hi-Trend was worth 32.36 at the beginning of the trading date compared to the closed value of 32.85. 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 | |
| 32.48 | 32.84 | 32.01 | 32.36 | 1,371,754 | |
11/29/2024 | 32.36 | 33.15 | 31.79 | 32.85 | 1,355,681 |
| 32.88 | 33.25 | 32.57 | 33.12 | 1,249,010 |
| 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 November 29, 2024
| On December 02 2024 Hi Trend TechCo was traded for 33.12 at the closing time. The highest price during the trading period was 33.25 and the lowest recorded bid was listed for 32.57 . The volume for the day was 1.2 M. This history from December 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.82% . The trading delta at closing time to the current price is 0.73% . |
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 | March 26, 2025
| 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 March 26, 2025 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 | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.7727 |
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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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