Zhende Medical (China) Price History
603301 Stock | 22.66 0.02 0.09% |
Below is the normalized historical share price chart for Zhende Medical Co extending back to April 12, 2018. 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 Zhende Medical stands at 22.66, as last reported on the 23rd of December, with the highest price reaching 22.92 and the lowest price hitting 22.53 during the day.
If you're considering investing in Zhende Stock, it is important to understand the factors that can impact its price. Zhende Medical appears to be not too volatile, given 3 months investment horizon. Zhende Medical shows Sharpe Ratio of 0.0911, which attests that the company had a 0.0911% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zhende Medical, which you can use to evaluate the volatility of the company. Please utilize Zhende Medical's Market Risk Adjusted Performance of (0.91), downside deviation of 2.45, and Mean Deviation of 1.49 to validate if our risk estimates are consistent with your expectations.
As of December 23, 2024, Common Stock is expected to decline to about 143.2 M. In addition to that, Total Stockholder Equity is expected to decline to about 3.1 B. Zhende Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 21.4761 | 50 Day MA 23.07 | Beta 0.428 |
Zhende |
Sharpe Ratio = 0.0911
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Small Returns | 603301 | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Zhende Medical is performing at about 7% 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 Zhende Medical by adding it to a well-diversified portfolio.
Price Book 1.0816 | Enterprise Value Ebitda 19.4842 | Price Sales 1.4828 | Shares Float 103.5 M | Wall Street Target Price 28 |
Zhende Medical Stock Price History Chart
There are several ways to analyze Zhende Stock price data. The simplest method is using a basic Zhende candlestick price chart, which shows Zhende Medical 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 Price | October 8, 2024 | 25.39 |
Lowest Price | September 23, 2024 | 19.63 |
Zhende Medical December 23, 2024 Stock Price Synopsis
Various analyses of Zhende Medical's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Zhende Stock. It can be used to describe the percentage change in the price of Zhende Medical from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Zhende Stock.Zhende Medical Price Action Indicator | (0.08) | |
Zhende Medical Price Rate Of Daily Change | 1.00 | |
Zhende Medical Price Daily Balance Of Power | (0.05) |
Zhende Medical December 23, 2024 Stock Price Analysis
Zhende Stock Price History Data
The price series of Zhende Medical for the period between Tue, Sep 24, 2024 and Mon, Dec 23, 2024 has a statistical range of 5.76 with a coefficient of variation of 5.14. The prices are distributed with arithmetic mean of 22.67. The median price for the last 90 days is 23.0. The company had 1.4:1 stock split on 8th of June 2020. Zhende Medical issued dividends on 2024-07-03.Open | High | Low | Close | Volume | ||
12/23/2024 | 22.60 | 22.92 | 22.53 | 22.66 | ||
12/20/2024 | 22.60 | 22.92 | 22.53 | 22.66 | 1,224,426 | |
12/19/2024 | 22.60 | 22.80 | 22.33 | 22.68 | 1,404,440 | |
12/18/2024 | 22.91 | 22.98 | 22.64 | 22.75 | 1,147,400 | |
12/17/2024 | 23.28 | 23.40 | 22.79 | 22.96 | 2,251,571 | |
12/16/2024 | 23.60 | 23.93 | 23.25 | 23.40 | 2,088,621 | |
12/13/2024 | 23.86 | 23.86 | 23.43 | 23.53 | 1,986,047 | |
12/12/2024 | 23.56 | 23.98 | 23.43 | 23.91 | 1,889,861 | |
12/11/2024 | 23.43 | 23.75 | 23.43 | 23.56 | 1,594,120 | |
12/10/2024 | 24.00 | 24.01 | 23.35 | 23.46 | 2,153,121 | |
12/09/2024 | 23.61 | 24.06 | 23.32 | 23.45 | 2,529,540 | |
12/06/2024 | 23.22 | 23.58 | 23.07 | 23.55 | 2,043,720 | |
12/05/2024 | 22.92 | 23.28 | 22.83 | 23.24 | 1,521,900 | |
12/04/2024 | 23.39 | 23.44 | 22.78 | 22.92 | 1,985,700 | |
12/03/2024 | 23.53 | 23.55 | 23.26 | 23.43 | 1,937,900 | |
12/02/2024 | 23.25 | 23.80 | 23.25 | 23.56 | 2,355,800 | |
11/29/2024 | 22.93 | 23.49 | 22.89 | 23.29 | 2,125,180 | |
11/28/2024 | 23.34 | 23.37 | 22.90 | 23.00 | 1,788,300 | |
11/27/2024 | 22.72 | 23.25 | 22.55 | 23.21 | 2,529,822 | |
11/26/2024 | 22.60 | 23.24 | 22.51 | 22.82 | 2,301,726 | |
11/25/2024 | 22.45 | 22.94 | 22.38 | 22.64 | 2,258,900 | |
11/22/2024 | 23.48 | 24.78 | 22.45 | 22.58 | 4,262,938 | |
11/21/2024 | 23.51 | 23.61 | 23.15 | 23.36 | 1,716,823 | |
11/20/2024 | 23.49 | 23.58 | 23.26 | 23.57 | 1,691,701 | |
11/19/2024 | 23.04 | 23.40 | 22.96 | 23.40 | 1,781,433 | |
11/18/2024 | 23.17 | 23.54 | 22.73 | 22.98 | 1,974,640 | |
11/15/2024 | 23.16 | 23.49 | 23.12 | 23.16 | 1,682,917 | |
11/14/2024 | 23.54 | 23.66 | 23.11 | 23.15 | 1,853,285 | |
11/13/2024 | 23.74 | 23.99 | 23.29 | 23.62 | 2,013,767 | |
11/12/2024 | 23.69 | 24.28 | 23.55 | 23.70 | 3,344,593 | |
11/11/2024 | 23.83 | 23.84 | 23.37 | 23.66 | 3,002,736 | |
11/08/2024 | 24.24 | 24.30 | 23.70 | 23.83 | 2,320,048 | |
11/07/2024 | 23.62 | 24.17 | 23.44 | 24.04 | 2,602,682 | |
11/06/2024 | 23.65 | 24.04 | 23.54 | 23.65 | 3,054,936 | |
11/05/2024 | 23.49 | 23.70 | 23.25 | 23.70 | 2,821,162 | |
11/04/2024 | 23.03 | 23.56 | 22.96 | 23.48 | 2,803,035 | |
11/01/2024 | 23.06 | 23.46 | 22.72 | 23.08 | 3,277,060 | |
10/31/2024 | 23.20 | 23.26 | 22.81 | 23.06 | 3,592,788 | |
10/30/2024 | 22.80 | 23.49 | 22.48 | 23.00 | 4,704,072 | |
10/29/2024 | 23.41 | 23.41 | 22.33 | 22.51 | 2,609,890 | |
10/28/2024 | 23.13 | 23.35 | 22.88 | 23.27 | 2,081,104 | |
10/25/2024 | 22.58 | 23.12 | 22.43 | 23.05 | 2,096,441 | |
10/24/2024 | 22.58 | 22.83 | 22.41 | 22.59 | 1,272,005 | |
10/23/2024 | 22.44 | 22.79 | 22.28 | 22.59 | 1,748,690 | |
10/22/2024 | 22.30 | 22.49 | 22.17 | 22.43 | 1,731,825 | |
10/21/2024 | 22.27 | 22.46 | 22.09 | 22.30 | 1,881,017 | |
10/18/2024 | 21.65 | 22.66 | 21.60 | 22.22 | 2,639,184 | |
10/17/2024 | 21.85 | 22.01 | 21.65 | 21.67 | 1,531,275 | |
10/16/2024 | 21.43 | 22.08 | 21.42 | 21.87 | 1,836,018 | |
10/15/2024 | 22.15 | 22.21 | 21.64 | 21.69 | 1,991,100 | |
10/14/2024 | 22.18 | 22.40 | 21.73 | 22.27 | 2,778,334 | |
10/11/2024 | 22.52 | 22.64 | 21.75 | 22.14 | 4,269,980 | |
10/10/2024 | 22.09 | 23.00 | 21.95 | 22.40 | 4,879,809 | |
10/09/2024 | 24.55 | 24.55 | 22.85 | 22.85 | 9,087,425 | |
10/08/2024 | 26.54 | 26.54 | 24.23 | 25.39 | 5,886,211 | |
09/30/2024 | 23.50 | 24.31 | 22.60 | 24.13 | 4,802,880 | |
09/27/2024 | 21.75 | 22.15 | 21.63 | 22.11 | 1,555,883 | |
09/26/2024 | 20.60 | 21.45 | 20.51 | 21.44 | 1,576,875 | |
09/25/2024 | 20.29 | 20.95 | 20.29 | 20.66 | 1,765,900 | |
09/24/2024 | 20.17 | 20.38 | 19.61 | 20.24 | 1,976,970 | |
09/23/2024 | 19.80 | 20.09 | 19.50 | 19.63 | 956,847 |
About Zhende Medical Stock history
Zhende Medical 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 Zhende is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhende Medical 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 Zhende Medical stock prices may prove useful in developing a viable investing in Zhende Medical
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 306.4 M | 239.8 M | |
Net Income Applicable To Common Shares | 685.2 M | 584 M |
Zhende Medical Quarterly Net Working Capital |
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Zhende Medical Stock Technical Analysis
Zhende Medical 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.
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Zhende Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhende Medical's price direction in advance. Along with the technical and fundamental analysis of Zhende Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhende 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 | 0.0653 | |||
Jensen Alpha | 0.1658 | |||
Total Risk Alpha | 0.0969 | |||
Sortino Ratio | 0.0571 | |||
Treynor Ratio | (0.92) |
Cycle Indicators | ||
Math Operators | ||
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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