Nanhua Bio (China) Price on September 30, 2024
| 000504 Stock | 10.30 0.12 1.15% |
Below is the normalized historical share price chart for Nanhua Bio Medicine extending back to April 23, 1996. 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 Nanhua Bio stands at 10.30, as last reported on the 1st of December, with the highest price reaching 10.55 and the lowest price hitting 10.11 during the day.
If you're considering investing in Nanhua Stock, it is important to understand the factors that can impact its price. Nanhua Bio appears to be slightly risky, given 3 months investment horizon. Nanhua Bio Medicine has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Nanhua Bio's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please exercise Nanhua Bio's Risk Adjusted Performance of 0.1473, downside deviation of 3.48, and Mean Deviation of 3.37 to check out if our risk estimates are consistent with your expectations.
At present, Nanhua Bio'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 346.1 M, whereas Total Stockholder Equity is forecasted to decline to about 155.6 M. . Nanhua Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of October 1991 | 200 Day MA 7.9074 | 50 Day MA 9.1828 | Beta 0.689 |
Nanhua |
Sharpe Ratio = 0.14
| Best Portfolio | Best Equity | |||
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| Small Returns | 000504 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.23 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Nanhua Bio is performing at about 11% 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 Nanhua Bio by adding it to a well-diversified portfolio.
Price Book 13.6709 | Book Value 0.753 | Enterprise Value 3.1 B | Enterprise Value Ebitda -2.3 K | Price Sales 27.6327 |
Nanhua Bio Valuation on September 30, 2024
It is possible to determine the worth of Nanhua Bio on a given historical date. On September 30, 2024 Nanhua was worth 8.01 at the beginning of the trading date compared to the closed value of 8.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nanhua Bio stock. Still, in general, we apply an absolute valuation method to find Nanhua Bio'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 Nanhua Bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nanhua Bio's related companies.
| Open | High | Low | Close | Volume | |
| 7.59 | 7.98 | 7.51 | 7.85 | 16,958,000 | |
09/30/2024 | 8.01 | 8.60 | 7.93 | 8.49 | 19,609,100 |
| 9.32 | 9.34 | 8.57 | 9.16 | 20,519,801 |
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Nanhua Bio Trading Date Momentum on September 30, 2024
| On October 08 2024 Nanhua Bio Medicine was traded for 9.16 at the closing time. The highest price during the trading period was 9.34 and the lowest recorded bid was listed for 8.57 . The volume for the day was 20.5 M. This history from October 8, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 7.89% . The trading delta at closing time to the current price is 0.94% . |
Nanhua Bio Medicine Fundamentals Correlations and Trends
By evaluating Nanhua Bio'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 Nanhua Bio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nanhua financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nanhua Bio Stock history
Nanhua Bio 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 Nanhua is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nanhua Bio Medicine 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 Nanhua Bio stock prices may prove useful in developing a viable investing in Nanhua Bio
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 330 M | 345.6 M | |
| Net Loss | -11.4 M | -10.9 M |
Nanhua Bio Stock Technical Analysis
Nanhua Bio 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.
Price Boundaries
Nanhua Bio Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Nanhua Bio Medicine cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock 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.
Nanhua Bio December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Nanhua Bio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nanhua Bio shares will generate the highest return on investment. By undertsting and applying Nanhua Bio stock market strength indicators, traders can identify Nanhua Bio Medicine entry and exit signals to maximize returns
Nanhua Bio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nanhua Bio's price direction in advance. Along with the technical and fundamental analysis of Nanhua Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nanhua 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 | 0.1473 | |||
| Jensen Alpha | 0.8722 | |||
| Total Risk Alpha | 0.0542 | |||
| Sortino Ratio | 0.1843 | |||
| Treynor Ratio | (0.96) |
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Complementary Tools for Nanhua Stock analysis
When running Nanhua Bio's price analysis, check to measure Nanhua Bio'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 Nanhua Bio is operating at the current time. Most of Nanhua Bio's value examination focuses on studying past and present price action to predict the probability of Nanhua Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanhua Bio's price. Additionally, you may evaluate how the addition of Nanhua Bio to your portfolios can decrease your overall portfolio volatility.
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