Xiangyu Medical (China) Price on April 19, 2024
688626 Stock | 28.11 0.37 1.30% |
If you're considering investing in Xiangyu Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xiangyu Medical stands at 28.11, as last reported on the 4th of January, with the highest price reaching 28.95 and the lowest price hitting 28.01 during the day. Xiangyu Medical shows Sharpe Ratio of -0.041, which attests that the company had a -0.041% return per unit of risk over the last 3 months. Xiangyu Medical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xiangyu Medical's Standard Deviation of 4.15, market risk adjusted performance of 0.464, and Mean Deviation of 2.85 to validate the risk estimate we provide.
Xiangyu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Xiangyu |
Sharpe Ratio = -0.041
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Negative Returns | 688626 |
Estimated Market Risk
4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
-0.17 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 Xiangyu Medical 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 Xiangyu Medical by adding Xiangyu Medical to a well-diversified portfolio.
Xiangyu Medical Valuation on April 19, 2024
It is possible to determine the worth of Xiangyu Medical on a given historical date. On April 19, 2024 Xiangyu was worth 36.31 at the beginning of the trading date compared to the closed value of 35.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xiangyu Medical stock. Still, in general, we apply an absolute valuation method to find Xiangyu Medical'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 Xiangyu Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xiangyu Medical's related companies.
Open | High | Low | Close | Volume | |
38.53 | 38.55 | 34.45 | 36.51 | 3,113,811 | |
04/19/2024 | 36.31 | 36.31 | 34.63 | 35.13 | 1,974,667 |
34.62 | 36.47 | 34.56 | 36.27 | 1,788,345 |
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Xiangyu Medical Trading Date Momentum on April 19, 2024
On April 22 2024 Xiangyu Medical Co was traded for 36.27 at the closing time. The highest price during the trading period was 36.47 and the lowest recorded bid was listed for 34.56 . The volume for the day was 1.8 M. This history from April 22, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.25% . The trading price change to the current price is 7.51% . |
Xiangyu Medical Fundamentals Correlations and Trends
By evaluating Xiangyu Medical'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 Xiangyu Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xiangyu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xiangyu Medical Stock history
Xiangyu Medical 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 Xiangyu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xiangyu 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 Xiangyu Medical stock prices may prove useful in developing a viable investing in Xiangyu Medical
Xiangyu Medical Stock Technical Analysis
Xiangyu Medical 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
Xiangyu Medical Period Price Range
Low | January 4, 2025
| High |
0.00 | 0.00 |
Xiangyu Medical 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.
Xiangyu Medical January 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Xiangyu Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xiangyu Medical shares will generate the highest return on investment. By undertsting and applying Xiangyu Medical stock market strength indicators, traders can identify Xiangyu Medical Co entry and exit signals to maximize returns
Xiangyu Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xiangyu Medical's price direction in advance. Along with the technical and fundamental analysis of Xiangyu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xiangyu 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 | (0.17) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | 0.454 |
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Volume Indicators |
Complementary Tools for Xiangyu Stock analysis
When running Xiangyu Medical's price analysis, check to measure Xiangyu Medical'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 Xiangyu Medical is operating at the current time. Most of Xiangyu Medical's value examination focuses on studying past and present price action to predict the probability of Xiangyu Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xiangyu Medical's price. Additionally, you may evaluate how the addition of Xiangyu Medical to your portfolios can decrease your overall portfolio volatility.
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