Dazhong Transportation (China) Price on November 6, 2024
| 900903 Stock | 0.24 0.01 4.00% |
Below is the normalized historical share price chart for Dazhong Transportation Group extending back to July 22, 1992. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dazhong Transportation stands at 0.24, as last reported on the 20th of December, with the highest price reaching 0.25 and the lowest price hitting 0.24 during the day.
If you're considering investing in Dazhong Stock, it is important to understand the factors that can impact its price. Dazhong Transportation appears to be out of control, given 3 months investment horizon. Dazhong Transportation secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. By reviewing Dazhong Transportation's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Dazhong Transportation's Coefficient Of Variation of 533.91, downside deviation of 4.31, and Mean Deviation of 1.95 to check if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 10.1 B, whereas Other Stockholder Equity is forecasted to decline to about 289.8 M. . Dazhong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.2017 | 50 Day MA 0.252 | Beta 0.154 |
Dazhong |
Sharpe Ratio = 0.1793
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 900903 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.91 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Dazhong Transportation is performing at about 14% 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 Dazhong Transportation by adding it to a well-diversified portfolio.
Price Book 0.4442 | Enterprise Value Ebitda 26.6641 | Price Sales 0.5344 | Shares Float 1.7 B | Wall Street Target Price 7.27 |
Dazhong Transportation Valuation on November 6, 2024
It is possible to determine the worth of Dazhong Transportation on a given historical date. On November 6, 2024 Dazhong was worth 0.26 at the beginning of the trading date compared to the closed value of 0.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dazhong Transportation stock. Still, in general, we apply an absolute valuation method to find Dazhong Transportation'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 Dazhong Transportation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dazhong Transportation's related companies.
| Open | High | Low | Close | Volume | |
| 0.25 | 0.26 | 0.25 | 0.26 | 6,100,948 | |
11/06/2024 | 0.26 | 0.26 | 0.25 | 0.26 | 6,780,647 |
| 0.26 | 0.26 | 0.25 | 0.26 | 5,252,596 |
| Backtest Dazhong Transportation | | | Dazhong Transportation History | | | Dazhong Transportation Valuation | Previous | Next |
Dazhong Transportation Trading Date Momentum on November 6, 2024
| On November 07 2024 Dazhong Transportation Group was traded for 0.26 at the closing time. The highest price during the trading period was 0.26 and the lowest recorded bid was listed for 0.25 . The volume for the day was 5.3 M. This history from November 7, 2024 did not affect price variability. The overall trading delta to the current price is 3.85% . |
Dazhong Transportation Fundamentals Correlations and Trends
By evaluating Dazhong Transportation'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 Dazhong Transportation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dazhong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dazhong Transportation Stock history
Dazhong Transportation 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 Dazhong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dazhong Transportation 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 Dazhong Transportation stock prices may prove useful in developing a viable investing in Dazhong Transportation
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.1 B | 1.9 B | |
| Net Income Applicable To Common Shares | 295.6 M | 533.7 M |
Dazhong Transportation Quarterly Net Working Capital |
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Dazhong Transportation Stock Technical Analysis
Dazhong Transportation 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
Dazhong Transportation Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Dazhong Transportation 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.
Dazhong Transportation December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Dazhong Transportation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dazhong Transportation shares will generate the highest return on investment. By undertsting and applying Dazhong Transportation stock market strength indicators, traders can identify Dazhong Transportation Group entry and exit signals to maximize returns
Dazhong Transportation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dazhong Transportation's price direction in advance. Along with the technical and fundamental analysis of Dazhong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dazhong 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 | 0.156 | |||
| Jensen Alpha | 0.5335 | |||
| Total Risk Alpha | 0.4442 | |||
| Sortino Ratio | 0.1172 | |||
| Treynor Ratio | (2.77) |
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| Volume Indicators |
Complementary Tools for Dazhong Stock analysis
When running Dazhong Transportation's price analysis, check to measure Dazhong Transportation'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 Dazhong Transportation is operating at the current time. Most of Dazhong Transportation's value examination focuses on studying past and present price action to predict the probability of Dazhong Transportation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dazhong Transportation's price. Additionally, you may evaluate how the addition of Dazhong Transportation to your portfolios can decrease your overall portfolio volatility.
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