Tianneng Battery (China) Price on May 14, 2023
| 688819 Stock | 27.66 0.32 1.14% |
If you're considering investing in Tianneng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tianneng Battery stands at 27.66, as last reported on the 22nd of December, with the highest price reaching 28.01 and the lowest price hitting 27.65 during the day. At this point, Tianneng Battery is not too volatile. Tianneng Battery owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.022, which indicates the firm had a 0.022% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tianneng Battery Group, which you can use to evaluate the volatility of the company. Please validate Tianneng Battery's Semi Deviation of 3.0, risk adjusted performance of 0.0251, and Coefficient Of Variation of 4598.58 to confirm if the risk estimate we provide is consistent with the expected return of 0.0853%.
The current year's Other Stockholder Equity is expected to grow to about 7.7 B, whereas Total Stockholder Equity is forecasted to decline to about 8.8 B. . Tianneng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tianneng |
Sharpe Ratio = 0.022
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| Cash | Small Risk | Average Risk | 688819 | Huge Risk |
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Estimated Market Risk
| 3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Tianneng Battery is performing at about 1% 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 Tianneng Battery by adding it to a well-diversified portfolio.
Price Book 1.6932 | Enterprise Value Ebitda 6.6867 | Price Sales 0.5804 | Shares Float 174.1 M | Dividend Share 0.65 |
Tianneng Battery Valuation on May 14, 2023
It is possible to determine the worth of Tianneng Battery on a given historical date. On May 14, 2023 Tianneng was worth 33.34 at the beginning of the trading date compared to the closed value of 33.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tianneng Battery stock. Still, in general, we apply an absolute valuation method to find Tianneng Battery'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 Tianneng Battery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tianneng Battery's related companies.
| Open | High | Low | Close | Volume | |
| 33.47 | 33.60 | 32.99 | 33.20 | 2,014,286 | |
05/12/2023 | 33.34 | 33.61 | 33.13 | 33.20 | 1,361,406 |
| 33.35 | 34.36 | 33.35 | 34.34 | 3,000,042 |
| Backtest Tianneng Battery | | | Tianneng Battery History | | | Tianneng Battery Valuation | Previous | Next |
Tianneng Battery Trading Date Momentum on May 14, 2023
| On May 15 2023 Tianneng Battery Group was traded for 34.34 at the closing time. The highest price during the trading period was 34.36 and the lowest recorded bid was listed for 33.35 . The volume for the day was 3 M. This history from May 15, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 3.43% . The trading price change to the current price is 4.01% . |
Tianneng Battery Fundamentals Correlations and Trends
By evaluating Tianneng Battery'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 Tianneng Battery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tianneng financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tianneng Battery Stock history
Tianneng Battery 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 Tianneng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tianneng Battery 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 Tianneng Battery stock prices may prove useful in developing a viable investing in Tianneng Battery
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 960.4 M |
Tianneng Battery Quarterly Net Working Capital |
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Tianneng Battery Stock Technical Analysis
Tianneng Battery 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
Tianneng Battery Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Tianneng Battery Group 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.
Tianneng Battery December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Tianneng Battery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tianneng Battery shares will generate the highest return on investment. By undertsting and applying Tianneng Battery stock market strength indicators, traders can identify Tianneng Battery Group entry and exit signals to maximize returns
Tianneng Battery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tianneng Battery's price direction in advance. Along with the technical and fundamental analysis of Tianneng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tianneng 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 | 0.0251 | |||
| Jensen Alpha | 0.0702 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0156 | |||
| Treynor Ratio | 1.51 |
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Complementary Tools for Tianneng Stock analysis
When running Tianneng Battery's price analysis, check to measure Tianneng Battery'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 Tianneng Battery is operating at the current time. Most of Tianneng Battery's value examination focuses on studying past and present price action to predict the probability of Tianneng Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tianneng Battery's price. Additionally, you may evaluate how the addition of Tianneng Battery to your portfolios can decrease your overall portfolio volatility.
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