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.
200 Day MA
21.4761
50 Day MA
23.07
Beta
0.428
 
Covid
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.

Sharpe Ratio = 0.0911

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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 PriceOctober 8, 202425.39
Lowest PriceSeptember 23, 202419.63

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

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

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.
OpenHighLowCloseVolume
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 ReportedProjected for Next Year
Common Stock Shares Outstanding306.4 M239.8 M
Net Income Applicable To Common Shares685.2 M584 M

Zhende Medical Quarterly Net Working Capital

1.84 Billion

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.
A focus of Zhende Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zhende Medical 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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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.

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