Hunan TV (China) Price on September 24, 2024
| 000917 Stock | 7.84 0.11 1.42% |
Below is the normalized historical share price chart for Hunan TV Broadcast extending back to March 25, 1999. 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 Hunan TV stands at 7.84, as last reported on the 26th of November, with the highest price reaching 7.90 and the lowest price hitting 7.46 during the day.
If you're considering investing in Hunan Stock, it is important to understand the factors that can impact its price. Hunan TV appears to be moderately volatile, given 3 months investment horizon. Hunan TV Broadcast holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. By evaluating Hunan TV's technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please utilize Hunan TV's Downside Deviation of 4.06, market risk adjusted performance of (0.73), and Risk Adjusted Performance of 0.1399 to validate if our risk estimates are consistent with your expectations.
As of November 26, 2024, Total Stockholder Equity is expected to decline to about 6.6 B. In addition to that, Common Stock is expected to decline to about 881.6 M. Hunan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of December 1998 | 200 Day MA 5.7314 | 50 Day MA 6.8982 | Beta 0.551 |
Hunan |
Sharpe Ratio = 0.2065
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| Small Returns | 000917 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.77 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Hunan TV is performing at about 16% 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 Hunan TV by adding it to a well-diversified portfolio.
Price Book 1.0753 | Enterprise Value Ebitda 19.4025 | Price Sales 3.0263 | Shares Float 1.1 B | Dividend Share 0.02 |
Hunan TV Valuation on September 24, 2024
It is possible to determine the worth of Hunan TV on a given historical date. On September 24, 2024 Hunan was worth 4.89 at the beginning of the trading date compared to the closed value of 5.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hunan TV stock. Still, in general, we apply an absolute valuation method to find Hunan TV'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 Hunan TV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hunan TV's related companies.
| Open | High | Low | Close | Volume | |
| 4.85 | 4.89 | 4.82 | 4.88 | 9,949,782 | |
09/24/2024 | 4.89 | 5.12 | 4.88 | 5.12 | 34,700,953 |
| 5.56 | 5.63 | 5.51 | 5.63 | 71,455,656 |
| Backtest Hunan TV | | | Hunan TV History | | | Hunan TV Valuation | Previous | Next |
Hunan TV Trading Date Momentum on September 24, 2024
| On September 25 2024 Hunan TV Broadcast was traded for 5.63 at the closing time. The highest price during the trading period was 5.63 and the lowest recorded bid was listed for 5.51 . The volume for the day was 71.5 M. This history from September 25, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 9.96% . The trading delta at closing time to the current price is 36.91% . |
Hunan TV Broadcast Fundamentals Correlations and Trends
By evaluating Hunan TV'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 Hunan TV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hunan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hunan TV Stock history
Hunan TV 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 Hunan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hunan TV Broadcast 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 Hunan TV stock prices may prove useful in developing a viable investing in Hunan TV
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.1 B | |
| Net Income Applicable To Common Shares | 297.4 M | 312.3 M |
Hunan TV Quarterly Net Working Capital |
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Hunan TV Stock Technical Analysis
Hunan TV 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
Hunan TV Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Hunan TV Broadcast 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.
Hunan TV November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Hunan TV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hunan TV shares will generate the highest return on investment. By undertsting and applying Hunan TV stock market strength indicators, traders can identify Hunan TV Broadcast entry and exit signals to maximize returns
Hunan TV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hunan TV's price direction in advance. Along with the technical and fundamental analysis of Hunan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hunan 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 | 0.1399 | |||
| Jensen Alpha | 0.8938 | |||
| Total Risk Alpha | 0.0671 | |||
| Sortino Ratio | 0.1609 | |||
| Treynor Ratio | (0.74) |
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| Volume Indicators |
Complementary Tools for Hunan Stock analysis
When running Hunan TV's price analysis, check to measure Hunan TV'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 Hunan TV is operating at the current time. Most of Hunan TV's value examination focuses on studying past and present price action to predict the probability of Hunan TV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hunan TV's price. Additionally, you may evaluate how the addition of Hunan TV to your portfolios can decrease your overall portfolio volatility.
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