Farsoon Technology (China) Price on November 5, 2024
| 688433 Stock | 24.40 1.50 6.55% |
If you're considering investing in Farsoon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Farsoon Technology stands at 24.40, as last reported on the 7th of January, with the highest price reaching 24.50 and the lowest price hitting 22.28 during the day. Farsoon Technology appears to be not too volatile, given 3 months investment horizon. Farsoon Technology secures Sharpe Ratio (or Efficiency) of 0.0869, which denotes the company had a 0.0869% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Farsoon Technology Co, which you can use to evaluate the volatility of the firm. Please utilize Farsoon Technology's Coefficient Of Variation of 916.06, mean deviation of 3.86, and Downside Deviation of 4.28 to check if our risk estimates are consistent with your expectations.
Farsoon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Farsoon |
Sharpe Ratio = 0.0869
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688433 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.05 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Farsoon Technology is performing at about 6% 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 Farsoon Technology by adding it to a well-diversified portfolio.
Price Book 4.9367 | Enterprise Value Ebitda 78.1275 | Price Sales 16.0485 | Shares Float 60.4 M | Dividend Share 0.096 |
Farsoon Technology Valuation on November 5, 2024
It is possible to determine the worth of Farsoon Technology on a given historical date. On November 5, 2024 Farsoon was worth 19.17 at the beginning of the trading date compared to the closed value of 19.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Farsoon Technology stock. Still, in general, we apply an absolute valuation method to find Farsoon Technology'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 Farsoon Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Farsoon Technology's related companies.
| Open | High | Low | Close | Volume | |
| 18.70 | 19.42 | 18.51 | 19.09 | 1,219,895 | |
11/05/2024 | 19.17 | 19.90 | 18.92 | 19.76 | 1,929,766 |
| 19.88 | 20.36 | 19.55 | 19.86 | 2,253,169 |
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Farsoon Technology Trading Date Momentum on November 5, 2024
| On November 06 2024 Farsoon Technology Co was traded for 19.86 at the closing time. The highest price during the trading period was 20.36 and the lowest recorded bid was listed for 19.55 . The volume for the day was 2.3 M. This history from November 6, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.51% . The overall trading delta to the current price is 0.40% . |
Farsoon Technology Fundamentals Correlations and Trends
By evaluating Farsoon Technology'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 Farsoon Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Farsoon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Farsoon Technology Stock history
Farsoon Technology 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 Farsoon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Farsoon 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 Farsoon Technology stock prices may prove useful in developing a viable investing in Farsoon Technology
Farsoon Technology Stock Technical Analysis
Farsoon Technology 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
Farsoon Technology Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Farsoon Technology Co 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.
Farsoon Technology January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Farsoon Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Farsoon Technology shares will generate the highest return on investment. By undertsting and applying Farsoon Technology stock market strength indicators, traders can identify Farsoon Technology Co entry and exit signals to maximize returns
Farsoon Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Farsoon Technology's price direction in advance. Along with the technical and fundamental analysis of Farsoon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Farsoon 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 | 0.0968 | |||
| Jensen Alpha | 0.545 | |||
| Total Risk Alpha | 0.4368 | |||
| Sortino Ratio | 0.1246 | |||
| Treynor Ratio | 1.47 |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Farsoon Stock analysis
When running Farsoon Technology's price analysis, check to measure Farsoon Technology'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 Farsoon Technology is operating at the current time. Most of Farsoon Technology's value examination focuses on studying past and present price action to predict the probability of Farsoon Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Farsoon Technology's price. Additionally, you may evaluate how the addition of Farsoon Technology to your portfolios can decrease your overall portfolio volatility.
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