Zhongshan Public (China) Price on October 8, 2024
| 000685 Stock | 9.07 0.16 1.80% |
Below is the normalized historical share price chart for Zhongshan Public Utilities extending back to January 23, 1997. 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 Zhongshan Public stands at 9.07, as last reported on the 3rd of December, with the highest price reaching 9.11 and the lowest price hitting 8.90 during the day.
If you're considering investing in Zhongshan Stock, it is important to understand the factors that can impact its price. Zhongshan Public appears to be somewhat reliable, given 3 months investment horizon. Zhongshan Public Uti shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zhongshan Public Uti, which you can use to evaluate the volatility of the company. Please utilize Zhongshan Public's Downside Deviation of 2.14, mean deviation of 1.76, and Market Risk Adjusted Performance of (1.37) to validate if our risk estimates are consistent with your expectations.
At present, Zhongshan Public's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 30.5 B, whereas Other Stockholder Equity is forecasted to decline to about 991.2 M. . Zhongshan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of January 1997 | 200 Day MA 7.7725 | 50 Day MA 8.5998 | Beta 0.506 |
Zhongshan |
Sharpe Ratio = 0.1475
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 000685 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Zhongshan Public 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 Zhongshan Public by adding it to a well-diversified portfolio.
Price Book 0.7788 | Enterprise Value Ebitda 13.338 | Price Sales 2.486 | Shares Float 710.9 M | Dividend Share 0.2 |
Zhongshan Public Valuation on October 8, 2024
It is possible to determine the worth of Zhongshan Public on a given historical date. On October 8, 2024 Zhongshan was worth 9.94 at the beginning of the trading date compared to the closed value of 9.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhongshan Public stock. Still, in general, we apply an absolute valuation method to find Zhongshan Public'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 Zhongshan Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhongshan Public's related companies.
| Open | High | Low | Close | Volume | |
| 8.66 | 9.04 | 8.65 | 9.04 | 67,400,597 | |
10/08/2024 | 9.94 | 9.94 | 9.49 | 9.94 | 90,483,602 |
| 9.55 | 9.85 | 9.03 | 9.04 | 67,051,634 |
| Backtest Zhongshan Public | | | Zhongshan Public History | | | Zhongshan Public Valuation | Previous | Next |
Zhongshan Public Trading Date Momentum on October 8, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Zhongshan Public Uti Fundamentals Correlations and Trends
By evaluating Zhongshan Public'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 Zhongshan Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhongshan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhongshan Public Stock history
Zhongshan Public 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 Zhongshan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhongshan Public Uti 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 Zhongshan Public stock prices may prove useful in developing a viable investing in Zhongshan Public
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.2 B | |
| Net Income Applicable To Common Shares | 1.2 B | 677.8 M |
Zhongshan Public Stock Technical Analysis
Zhongshan Public 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
Zhongshan Public Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Zhongshan Public Utilities 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.
Zhongshan Public December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhongshan Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhongshan Public shares will generate the highest return on investment. By undertsting and applying Zhongshan Public stock market strength indicators, traders can identify Zhongshan Public Utilities entry and exit signals to maximize returns
Zhongshan Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhongshan Public's price direction in advance. Along with the technical and fundamental analysis of Zhongshan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhongshan 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 | 0.1161 | |||
| Jensen Alpha | 0.4015 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1199 | |||
| Treynor Ratio | (1.38) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhongshan Stock analysis
When running Zhongshan Public's price analysis, check to measure Zhongshan Public'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 Zhongshan Public is operating at the current time. Most of Zhongshan Public's value examination focuses on studying past and present price action to predict the probability of Zhongshan Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhongshan Public's price. Additionally, you may evaluate how the addition of Zhongshan Public to your portfolios can decrease your overall portfolio volatility.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |