Fanhua Inc Price on February 29, 2024
| FANHDelisted Stock | USD 1.51 0.02 1.31% |
If you're considering investing in Fanhua Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fanhua stands at 1.51, as last reported on the 1st of January, with the highest price reaching 1.58 and the lowest price hitting 1.45 during the day. Fanhua appears to be abnormally volatile, given 3 months investment horizon. Fanhua Inc secures Sharpe Ratio (or Efficiency) of 0.068, which denotes the company had a 0.068% return per unit of risk over the last 3 months. By reviewing Fanhua's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Fanhua's Standard Deviation of 5.42, mean deviation of 4.09, and Variance of 29.4 to check if our risk estimates are consistent with your expectations.
Fanhua Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fanhua |
Sharpe Ratio = 0.068
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Estimated Market Risk
| 7.31 actual daily | 65 65% of assets are less volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Fanhua is performing at about 5% 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 Fanhua by adding it to a well-diversified portfolio.
Fanhua Main Headline on 29th of February 2024
Its Down 27 percent But Fanhua Inc. Could Be Riskier Than It... by simplywall.st
The Fanhua Inc. share price has fared very poorly over the last month, falling by a substantial 27...
Fanhua Valuation on February 29, 2024
It is possible to determine the worth of Fanhua on a given historical date. On February 29, 2024 Fanhua was worth 4.6 at the beginning of the trading date compared to the closed value of 4.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fanhua stock. Still, in general, we apply an absolute valuation method to find Fanhua'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 Fanhua where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fanhua's related companies.
| Open | High | Low | Close | Volume | |
| 5.05 | 5.05 | 4.53 | 4.57 | 17,401 | |
02/29/2024 | 4.60 | 5.00 | 4.60 | 4.66 | 9,752 |
| 4.66 | 4.79 | 4.50 | 4.50 | 14,800 |
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Fanhua Trading Date Momentum on February 29, 2024
| On March 01 2024 Fanhua Inc was traded for 4.50 at the closing time. The top price for the day was 4.79 and the lowest listed price was 4.50 . The trading volume for the day was 14.8 K. The trading history from March 1, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.43% . The overall trading delta against the current closing price is 3.22% . |
Fanhua Inc Fundamentals Correlations and Trends
By evaluating Fanhua'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 Fanhua's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fanhua financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fanhua Stock history
Fanhua 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 Fanhua is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fanhua Inc 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 Fanhua stock prices may prove useful in developing a viable investing in Fanhua
Fanhua Inc., together with its subsidiary, distributes insurance products in China. Fanhua Inc. was founded in 1998 and is headquartered in Guangzhou, China. Fanhua Inc operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. It employs 5785 people.
Fanhua Stock Technical Analysis
Fanhua 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Fanhua Period Price Range
Low | January 1, 2025
| High |
0.00 | 0.00 |
Fanhua Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Fanhua January 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Fanhua stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fanhua shares will generate the highest return on investment. By undertsting and applying Fanhua stock market strength indicators, traders can identify Fanhua Inc entry and exit signals to maximize returns
Fanhua Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fanhua's price direction in advance. Along with the technical and fundamental analysis of Fanhua Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fanhua 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) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.54) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in Fanhua Stock
If you are still planning to invest in Fanhua Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Fanhua's history and understand the potential risks before investing.
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