New Hope (China) Price History

002946 Stock   13.16  0.15  1.15%   
Below is the normalized historical share price chart for New Hope Dairy extending back to January 25, 2019. 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 New Hope stands at 13.16, as last reported on the 3rd of December, with the highest price reaching 13.35 and the lowest price hitting 12.95 during the day.
200 Day MA
10.1107
50 Day MA
11.7942
Beta
0.318
 
Covid
If you're considering investing in New Stock, it is important to understand the factors that can impact its price. New Hope appears to be not too volatile, given 3 months investment horizon. New Hope Dairy has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing New Hope's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please exercise New Hope's Downside Deviation of 2.83, mean deviation of 2.36, and Risk Adjusted Performance of 0.1903 to check out if our risk estimates are consistent with your expectations.
  
At present, New Hope's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 930.5 M, whereas Total Stockholder Equity is forecasted to decline to about 2.1 B. . New Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1984

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Estimated Market Risk

 3.34
  actual daily
29
71% of assets are more volatile

Expected Return

 0.66
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average New Hope is performing at about 15% 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 New Hope by adding it to a well-diversified portfolio.
Price Book
3.7414
Enterprise Value Ebitda
19.4503
Price Sales
1.0295
Shares Float
146.5 M
Dividend Share
0.15

New Hope Stock Price History Chart

There are several ways to analyze New Stock price data. The simplest method is using a basic New candlestick price chart, which shows New Hope price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 8, 202413.43
Lowest PriceAugust 30, 20248.99

New Hope December 3, 2024 Stock Price Synopsis

Various analyses of New Hope's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell New Stock. It can be used to describe the percentage change in the price of New Hope from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of New Stock.
New Hope Price Daily Balance Of Power 0.38 
New Hope Price Action Indicator 0.09 
New Hope Price Rate Of Daily Change 1.01 

New Hope December 3, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in New Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use New Hope intraday prices and daily technical indicators to check the level of noise trading in New Stock and then apply it to test your longer-term investment strategies against New.

New Stock Price History Data

The price series of New Hope for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 has a statistical range of 5.45 with a coefficient of variation of 15.18. The prices are distributed with arithmetic mean of 11.08. The median price for the last 90 days is 11.53. The company issued dividends on 2024-07-09.
OpenHighLowCloseVolume
12/03/2024
 13.01  13.35  12.95  13.16 
12/02/2024 13.01  13.35  12.95  13.16  5,834,856 
11/29/2024 13.00  13.35  12.92  13.01  6,912,790 
11/28/2024 13.02  13.30  12.92  13.00  5,245,180 
11/27/2024 12.80  13.12  12.41  13.11  7,404,000 
11/26/2024 12.38  12.98  12.38  12.89  6,895,900 
11/25/2024 12.34  12.51  12.20  12.40  2,699,940 
11/22/2024 12.70  12.79  12.28  12.29  3,935,922 
11/21/2024 12.58  12.87  12.45  12.75  5,578,493 
11/20/2024 12.51  12.64  12.20  12.60  5,995,000 
11/19/2024 12.20  12.47  12.17  12.47  3,825,560 
11/18/2024 12.58  12.77  12.07  12.16  8,060,923 
11/15/2024 12.77  12.96  12.54  12.57  3,247,800 
11/14/2024 12.91  13.10  12.73  12.77  3,992,200 
11/13/2024 13.29  13.38  12.95  13.09  5,797,987 
11/12/2024 13.18  13.69  13.11  13.43  7,945,285 
11/11/2024 13.30  13.43  12.73  13.25  11,239,353 
11/08/2024 13.55  13.77  13.15  13.43  9,714,095 
11/07/2024 12.60  13.44  12.50  13.33  12,302,826 
11/06/2024 12.80  12.85  12.50  12.66  6,842,499 
11/05/2024 12.33  12.97  12.12  12.79  11,731,623 
11/04/2024 12.37  12.60  11.80  12.48  14,251,900 
11/01/2024 12.21  12.60  12.00  12.41  11,093,314 
10/31/2024 11.75  12.64  11.73  12.29  17,011,715 
10/30/2024 11.62  11.87  11.52  11.69  6,044,280 
10/29/2024 12.38  12.52  11.70  11.75  11,086,436 
10/28/2024 11.46  12.34  11.30  12.29  15,776,309 
10/25/2024 11.54  11.68  11.37  11.46  5,637,424 
10/24/2024 11.72  11.80  11.47  11.53  4,331,601 
10/23/2024 11.49  11.88  11.36  11.71  10,580,100 
10/22/2024 11.21  11.69  11.16  11.55  8,980,700 
10/21/2024 11.09  11.42  10.91  11.26  10,028,816 
10/18/2024 10.75  11.32  10.68  11.10  10,819,013 
10/17/2024 11.06  11.14  10.76  10.78  7,142,345 
10/16/2024 10.93  11.20  10.85  11.11  8,198,643 
10/15/2024 11.47  11.69  11.01  11.06  11,056,800 
10/14/2024 11.36  11.74  11.12  11.59  12,520,300 
10/11/2024 11.32  11.95  11.27  11.68  17,196,022 
10/10/2024 11.02  11.63  10.95  11.31  12,975,872 
10/09/2024 11.99  11.99  11.10  11.10  18,164,903 
10/08/2024 13.49  13.50  12.00  12.33  29,749,948 
09/30/2024 11.89  12.34  11.75  12.34  24,961,244 
09/27/2024 10.90  11.22  10.78  11.22  5,641,853 
09/26/2024 9.60  10.23  9.58  10.20  8,096,372 
09/25/2024 9.82  9.91  9.59  9.61  5,793,059 
09/24/2024 9.46  9.77  9.40  9.75  5,311,276 
09/23/2024 9.50  9.55  9.34  9.38  3,875,784 
09/20/2024 9.48  9.60  9.35  9.55  3,593,300 
09/19/2024 9.19  9.68  9.16  9.52  5,857,400 
09/18/2024 9.23  9.33  9.10  9.18  5,182,051 
09/13/2024 9.42  9.55  9.28  9.32  4,312,800 
09/12/2024 9.56  9.67  9.43  9.45  3,698,267 
09/11/2024 9.42  9.72  9.42  9.58  3,554,142 
09/10/2024 9.40  9.55  9.38  9.51  4,042,700 
09/09/2024 9.21  9.60  9.11  9.45  6,896,538 
09/06/2024 9.42  9.48  9.29  9.31  4,735,701 
09/05/2024 9.18  9.46  9.18  9.42  5,950,424 
09/04/2024 9.20  9.46  9.18  9.26  7,939,826 
09/03/2024 9.01  9.43  8.91  9.32  12,188,222 
09/02/2024 9.20  9.20  8.81  9.01  18,841,100 
08/30/2024 8.88  8.99  8.88  8.99  5,227,240 

About New Hope Stock history

New Hope 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 New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New Hope Dairy 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 New Hope stock prices may prove useful in developing a viable investing in New Hope
Last ReportedProjected for Next Year
Common Stock Shares Outstanding865.8 M918.3 M
Net Income Applicable To Common Shares415.7 M289.6 M

New Hope Stock Technical Analysis

New Hope 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.
A focus of New Hope technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of New Hope trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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New Hope Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for New Hope's price direction in advance. Along with the technical and fundamental analysis of New Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of New 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.

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When running New Hope's price analysis, check to measure New Hope'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 New Hope is operating at the current time. Most of New Hope's value examination focuses on studying past and present price action to predict the probability of New Hope's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Hope's price. Additionally, you may evaluate how the addition of New Hope to your portfolios can decrease your overall portfolio volatility.
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