Qingdao Foods (China) Price on November 20, 2024
| 001219 Stock | 14.81 0.03 0.20% |
If you're considering investing in Qingdao Stock, it is important to understand the factors that can impact its price. As of today, the current price of Qingdao Foods stands at 14.81, as last reported on the 2nd of December, with the highest price reaching 14.92 and the lowest price hitting 14.53 during the day. Qingdao Foods appears to be somewhat reliable, given 3 months investment horizon. Qingdao Foods maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Qingdao Foods' technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please evaluate Qingdao Foods' Risk Adjusted Performance of 0.1358, semi deviation of 2.67, and Coefficient Of Variation of 595.66 to confirm if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 473.3 M, whereas Total Stockholder Equity is forecasted to decline to about 685.5 M. . Qingdao Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Qingdao |
Sharpe Ratio = 0.1638
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Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Qingdao Foods is performing at about 12% 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 Qingdao Foods by adding it to a well-diversified portfolio.
Price Book 2.8351 | Enterprise Value Ebitda 18.2583 | Price Sales 5.6193 | Shares Float 98.5 M | Dividend Share 0.231 |
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Qingdao Foods Valuation on November 20, 2024
It is possible to determine the worth of Qingdao Foods on a given historical date. On November 20, 2024 Qingdao was worth 14.17 at the beginning of the trading date compared to the closed value of 14.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qingdao Foods stock. Still, in general, we apply an absolute valuation method to find Qingdao Foods' 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 Qingdao Foods where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qingdao Foods' related companies.
| Open | High | Low | Close | Volume | |
| 14.17 | 14.26 | 13.80 | 14.26 | 7,969,768 | |
11/20/2024 | 14.17 | 14.29 | 14.06 | 14.23 | 5,674,358 |
| 14.17 | 14.36 | 14.06 | 14.21 | 4,447,377 |
| Backtest Qingdao Foods | | | Qingdao Foods History | | | Qingdao Foods Valuation | Previous | Next |
Qingdao Foods Trading Date Momentum on November 20, 2024
| On November 21 2024 Qingdao Foods Co was traded for 14.21 at the closing time. The highest price during the trading period was 14.36 and the lowest recorded bid was listed for 14.06 . The volume for the day was 4.4 M. This history from November 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.14% . The trading delta at closing time to the current price is 2.95% . |
Qingdao Foods Fundamentals Correlations and Trends
By evaluating Qingdao Foods' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Qingdao Foods' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Qingdao financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Qingdao Foods Stock history
Qingdao Foods 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 Qingdao is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qingdao Foods 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 Qingdao Foods stock prices may prove useful in developing a viable investing in Qingdao Foods
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 195 M | 114.8 M | |
| Net Income Applicable To Common Shares | 61.2 M | 59.3 M |
Qingdao Foods Quarterly Net Working Capital |
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Qingdao Foods Stock Technical Analysis
Qingdao Foods 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
Qingdao Foods Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Qingdao Foods Co 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.
Qingdao Foods December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Qingdao Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qingdao Foods shares will generate the highest return on investment. By undertsting and applying Qingdao Foods stock market strength indicators, traders can identify Qingdao Foods Co entry and exit signals to maximize returns
Qingdao Foods Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Qingdao Foods' price direction in advance. Along with the technical and fundamental analysis of Qingdao Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Qingdao 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 | 0.1358 | |||
| Jensen Alpha | 0.5356 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1114 | |||
| Treynor Ratio | (1.60) |
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| Volume Indicators |
Complementary Tools for Qingdao Stock analysis
When running Qingdao Foods' price analysis, check to measure Qingdao Foods' 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 Qingdao Foods is operating at the current time. Most of Qingdao Foods' value examination focuses on studying past and present price action to predict the probability of Qingdao Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qingdao Foods' price. Additionally, you may evaluate how the addition of Qingdao Foods to your portfolios can decrease your overall portfolio volatility.
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