Guangdong Tianhe (China) Price History

002999 Stock   7.40  0.94  14.55%   
Below is the normalized historical share price chart for Guangdong Tianhe Agricultural extending back to September 03, 2020. 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 Guangdong Tianhe stands at 7.40, as last reported on the 22nd of December, with the highest price reaching 7.89 and the lowest price hitting 6.99 during the day.
200 Day MA
5.9247
50 Day MA
6.3688
Beta
1.067
 
Covid
If you're considering investing in Guangdong Stock, it is important to understand the factors that can impact its price. Guangdong Tianhe appears to be slightly risky, given 3 months investment horizon. Guangdong Tianhe Agr holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of standard deviation over the last 3 months. By evaluating Guangdong Tianhe's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please utilize Guangdong Tianhe's market risk adjusted performance of 1.27, and Risk Adjusted Performance of 0.1706 to validate if our risk estimates are consistent with your expectations.
  
The current year's Other Stockholder Equity is expected to grow to about 759.9 K, whereas Total Stockholder Equity is forecasted to decline to about 956.4 M. . Guangdong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1757

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Estimated Market Risk

 3.9
  actual daily
34
66% of assets are more volatile

Expected Return

 0.69
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average Guangdong Tianhe is performing at about 13% 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 Guangdong Tianhe by adding it to a well-diversified portfolio.
Price Book
1.8731
Enterprise Value Ebitda
35.1012
Price Sales
0.1498
Shares Float
219.3 M
Dividend Share
0.12

Guangdong Tianhe Stock Price History Chart

There are several ways to analyze Guangdong Stock price data. The simplest method is using a basic Guangdong candlestick price chart, which shows Guangdong Tianhe 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 29, 20247.4
Lowest PriceSeptember 23, 20245.1

Guangdong Tianhe December 22, 2024 Stock Price Synopsis

Various analyses of Guangdong Tianhe's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Guangdong Stock. It can be used to describe the percentage change in the price of Guangdong Tianhe from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Guangdong Stock.
Guangdong Tianhe Price Daily Balance Of Power 1.04 
Guangdong Tianhe Price Rate Of Daily Change 1.15 
Guangdong Tianhe Price Action Indicator 0.43 

Guangdong Tianhe December 22, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Guangdong 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 Guangdong Tianhe intraday prices and daily technical indicators to check the level of noise trading in Guangdong Stock and then apply it to test your longer-term investment strategies against Guangdong.

Guangdong Stock Price History Data

The price series of Guangdong Tianhe for the period between Mon, Sep 23, 2024 and Sun, Dec 22, 2024 has a statistical range of 2.52 with a coefficient of variation of 11.16. The prices are distributed with arithmetic mean of 5.69. The median price for the last 90 days is 5.68. The company had 1.4:1 stock split on 4th of June 2021. Guangdong Tianhe Agr issued dividends on 2024-05-28.
OpenHighLowCloseVolume
12/22/2024
 7.20  7.89  6.99  7.40 
12/20/2024 6.51  6.54  6.40  6.46  12,541,701 
12/19/2024 6.70  6.70  6.43  6.50  18,577,301 
12/18/2024 6.80  7.07  6.67  6.70  26,293,301 
12/17/2024 7.21  7.68  6.95  6.97  33,643,859 
12/16/2024 7.00  7.47  7.00  7.25  30,782,689 
12/13/2024 7.12  7.26  7.02  7.05  25,810,180 
12/12/2024 6.90  7.22  6.86  7.20  34,452,379 
12/11/2024 6.85  6.95  6.80  6.92  17,030,960 
12/10/2024 7.01  7.08  6.82  6.86  21,653,820 
12/09/2024 6.81  6.92  6.76  6.88  16,381,680 
12/06/2024 6.85  6.94  6.76  6.88  21,564,420 
12/05/2024 6.69  7.02  6.67  6.91  27,440,140 
12/04/2024 6.88  7.03  6.70  6.74  26,600,801 
12/03/2024 7.11  7.17  6.88  6.93  43,296,103 
12/02/2024 7.10  7.76  7.00  7.28  63,500,003 
11/29/2024 7.20  7.89  6.99  7.40  87,400,754 
11/28/2024 6.57  7.22  6.51  7.22  78,960,062 
11/27/2024 6.56  6.61  6.37  6.56  34,278,660 
11/26/2024 6.30  6.96  6.30  6.70  50,804,527 
11/25/2024 6.22  6.36  6.17  6.33  10,085,870 
11/22/2024 6.50  6.52  6.18  6.20  17,597,699 
11/21/2024 6.40  6.64  6.39  6.55  18,544,780 
11/20/2024 6.25  6.60  6.24  6.44  16,693,180 
11/19/2024 6.31  6.31  6.15  6.29  11,865,840 
11/18/2024 6.19  6.31  6.07  6.31  14,984,080 
11/15/2024 6.48  6.54  6.19  6.19  20,202,055 
11/14/2024 6.70  6.85  6.37  6.43  38,416,155 
11/13/2024 6.58  7.24  6.31  7.00  57,686,328 
11/12/2024 6.33  6.97  6.26  6.58  38,420,230 
11/11/2024 6.31  6.36  6.21  6.34  17,353,080 
11/08/2024 6.37  6.66  6.20  6.40  31,399,724 
11/07/2024 6.25  6.45  6.15  6.38  28,151,433 
11/06/2024 6.17  6.30  6.08  6.25  34,499,420 
11/05/2024 5.81  6.39  5.80  6.17  36,454,512 
11/04/2024 5.74  5.81  5.70  5.81  5,186,940 
11/01/2024 5.85  5.91  5.71  5.72  8,712,100 
10/31/2024 5.73  5.89  5.73  5.86  7,391,940 
10/30/2024 5.76  5.81  5.69  5.74  6,002,480 
10/29/2024 5.94  5.96  5.73  5.74  9,656,686 
10/28/2024 5.83  5.97  5.81  5.96  9,243,586 
10/25/2024 5.71  5.86  5.69  5.80  7,574,698 
10/24/2024 5.73  5.76  5.68  5.73  4,539,946 
10/23/2024 5.68  5.80  5.67  5.73  8,298,000 
10/22/2024 5.70  5.79  5.58  5.75  10,006,200 
10/21/2024 5.57  5.90  5.55  5.68  12,834,800 
10/18/2024 5.44  5.57  5.40  5.53  8,050,720 
10/17/2024 5.53  5.58  5.43  5.44  4,821,100 
10/16/2024 5.50  5.58  5.45  5.53  5,049,860 
10/15/2024 5.60  5.63  5.51  5.54  5,050,620 
10/14/2024 5.58  5.64  5.50  5.61  6,309,700 
10/11/2024 5.73  5.76  5.45  5.51  7,066,460 
10/10/2024 5.70  5.91  5.65  5.73  8,863,440 
10/09/2024 6.08  6.08  5.64  5.66  14,501,700 
10/08/2024 6.50  6.56  5.99  6.20  24,979,760 
09/30/2024 5.67  6.02  5.54  5.97  22,164,840 
09/27/2024 5.42  5.58  5.36  5.51  10,173,540 
09/26/2024 5.25  5.36  5.21  5.36  5,402,360 
09/25/2024 5.29  5.34  5.24  5.26  5,801,900 
09/24/2024 5.12  5.23  5.12  5.23  5,148,940 
09/23/2024 5.08  5.14  5.07  5.10  2,675,780 

About Guangdong Tianhe Stock history

Guangdong Tianhe 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 Guangdong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guangdong Tianhe Agr 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 Guangdong Tianhe stock prices may prove useful in developing a viable investing in Guangdong Tianhe
Last ReportedProjected for Next Year
Common Stock Shares Outstanding399.7 M341.4 M
Net Income Applicable To Common Shares122 M85.3 M

Guangdong Tianhe Quarterly Net Working Capital

573.54 Million

Guangdong Tianhe Stock Technical Analysis

Guangdong Tianhe 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 Guangdong Tianhe technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Guangdong Tianhe 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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Guangdong Tianhe Technical and Predictive Indicators

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

Complementary Tools for Guangdong Stock analysis

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