Cofco Biochemical (China) Price on November 20, 2024
| 000930 Stock | 5.97 0.03 0.50% |
Below is the normalized historical share price chart for Cofco Biochemical Anhui extending back to July 12, 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 Cofco Biochemical stands at 5.97, as last reported on the 11th of December 2024, with the highest price reaching 6.17 and the lowest price hitting 5.96 during the day.
If you're considering investing in Cofco Stock, it is important to understand the factors that can impact its price. Cofco Biochemical appears to be slightly risky, given 3 months investment horizon. Cofco Biochemical Anhui secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. By analyzing Cofco Biochemical's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Cofco Biochemical's mean deviation of 1.87, and Risk Adjusted Performance of 0.0956 to double-check if our risk estimates are consistent with your expectations.
At present, Cofco Biochemical's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 2.3 B, whereas Other Stockholder Equity is forecasted to decline to about 521.5 M. . Cofco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of June 1999 | 200 Day MA 5.6391 | 50 Day MA 5.8696 | Beta 0.379 |
Cofco |
Sharpe Ratio = 0.1714
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Cofco Biochemical is performing at about 13% 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 Cofco Biochemical by adding it to a well-diversified portfolio.
Price Book 1.0564 | Enterprise Value Ebitda 25.0548 | Price Sales 0.5441 | Shares Float 818.7 M | Wall Street Target Price 8 |
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Cofco Biochemical Valuation on November 20, 2024
It is possible to determine the worth of Cofco Biochemical on a given historical date. On November 20, 2024 Cofco was worth 5.89 at the beginning of the trading date compared to the closed value of 5.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cofco Biochemical stock. Still, in general, we apply an absolute valuation method to find Cofco Biochemical'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 Cofco Biochemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cofco Biochemical's related companies.
| Open | High | Low | Close | Volume | |
| 5.83 | 5.89 | 5.73 | 5.89 | 17,906,668 | |
11/20/2024 | 5.89 | 5.95 | 5.84 | 5.94 | 16,735,168 |
| 5.92 | 5.95 | 5.87 | 5.94 | 10,382,000 |
| Backtest Cofco Biochemical | | | Cofco Biochemical History | | | Cofco Biochemical Valuation | Previous | Next |
Cofco Biochemical Trading Date Momentum on November 20, 2024
| On November 21 2024 Cofco Biochemical Anhui was traded for 5.94 at the closing time. The highest price during the trading period was 5.95 and the lowest recorded bid was listed for 5.87 . The volume for the day was 10.4 M. This history from November 21, 2024 did not affect price variability. The overall trading delta to the current price is 0.17% . |
Cofco Biochemical Anhui Fundamentals Correlations and Trends
By evaluating Cofco Biochemical'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 Cofco Biochemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cofco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cofco Biochemical Stock history
Cofco Biochemical 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 Cofco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cofco Biochemical Anhui 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 Cofco Biochemical stock prices may prove useful in developing a viable investing in Cofco Biochemical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.9 B | 1.9 B | |
| Net Income Applicable To Common Shares | 1.2 B | 1.3 B |
Cofco Biochemical Quarterly Net Working Capital |
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Cofco Biochemical Stock Technical Analysis
Cofco Biochemical 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
Cofco Biochemical Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Cofco Biochemical Anhui 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.
Cofco Biochemical December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Cofco Biochemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cofco Biochemical shares will generate the highest return on investment. By undertsting and applying Cofco Biochemical stock market strength indicators, traders can identify Cofco Biochemical Anhui entry and exit signals to maximize returns
Cofco Biochemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cofco Biochemical's price direction in advance. Along with the technical and fundamental analysis of Cofco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cofco 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 | 0.0956 | |||
| Jensen Alpha | 0.3188 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0872 | |||
| Treynor Ratio | 1.92 |
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Complementary Tools for Cofco Stock analysis
When running Cofco Biochemical's price analysis, check to measure Cofco Biochemical'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 Cofco Biochemical is operating at the current time. Most of Cofco Biochemical's value examination focuses on studying past and present price action to predict the probability of Cofco Biochemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cofco Biochemical's price. Additionally, you may evaluate how the addition of Cofco Biochemical to your portfolios can decrease your overall portfolio volatility.
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