Wangneng Environment (China) Price on October 29, 2024
| 002034 Stock | 15.66 0.25 1.62% |
Below is the normalized historical share price chart for Wangneng Environment Co extending back to August 26, 2004. 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 Wangneng Environment stands at 15.66, as last reported on the 29th of November, with the highest price reaching 15.80 and the lowest price hitting 15.33 during the day.
If you're considering investing in Wangneng Stock, it is important to understand the factors that can impact its price. Wangneng Environment appears to be not too volatile, given 3 months investment horizon. Wangneng Environment shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wangneng Environment, which you can use to evaluate the volatility of the company. Please utilize Wangneng Environment's Market Risk Adjusted Performance of (3.51), downside deviation of 2.01, and Mean Deviation of 1.4 to validate if our risk estimates are consistent with your expectations.
At present, Wangneng Environment'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 518.6 M, whereas Treasury Stock is forecasted to decline to (6.3 M). . Wangneng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of August 2004 | 200 Day MA 14.0193 | 50 Day MA 14.843 | Beta 0.453 |
Wangneng |
Sharpe Ratio = 0.1232
| Best Portfolio | Best Equity | |||
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| Small Returns | 002034 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Wangneng Environment is performing at about 9% 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 Wangneng Environment by adding it to a well-diversified portfolio.
Price Book 0.9611 | Enterprise Value Ebitda 13.5269 | Price Sales 2.0871 | Shares Float 199 M | Dividend Share 0.5 |
Wangneng Environment Valuation on October 29, 2024
It is possible to determine the worth of Wangneng Environment on a given historical date. On October 29, 2024 Wangneng was worth 15.7 at the beginning of the trading date compared to the closed value of 15.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wangneng Environment stock. Still, in general, we apply an absolute valuation method to find Wangneng Environment'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 Wangneng Environment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wangneng Environment's related companies.
| Open | High | Low | Close | Volume | |
| 15.45 | 15.73 | 15.30 | 15.70 | 3,390,350 | |
10/29/2024 | 15.70 | 15.75 | 15.25 | 15.31 | 4,207,445 |
| 15.14 | 15.32 | 14.91 | 15.06 | 3,177,104 |
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Wangneng Environment Trading Date Momentum on October 29, 2024
| On October 30 2024 Wangneng Environment Co was traded for 15.06 at the closing time. The highest price during the trading period was 15.32 and the lowest recorded bid was listed for 14.91 . The volume for the day was 3.2 M. This history from October 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.63% . The trading price change to the current price is 1.63% . |
Wangneng Environment Fundamentals Correlations and Trends
By evaluating Wangneng Environment'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 Wangneng Environment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wangneng financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wangneng Environment Stock history
Wangneng Environment 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 Wangneng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wangneng Environment 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 Wangneng Environment stock prices may prove useful in developing a viable investing in Wangneng Environment
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 429.5 M | 465.1 M | |
| Net Income Applicable To Common Shares | 830.1 M | 871.6 M |
Wangneng Environment Stock Technical Analysis
Wangneng Environment 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
Wangneng Environment Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Wangneng Environment 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.
Wangneng Environment November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Wangneng Environment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wangneng Environment shares will generate the highest return on investment. By undertsting and applying Wangneng Environment stock market strength indicators, traders can identify Wangneng Environment Co entry and exit signals to maximize returns
Wangneng Environment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wangneng Environment's price direction in advance. Along with the technical and fundamental analysis of Wangneng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wangneng 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 | 0.1003 | |||
| Jensen Alpha | 0.2516 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0639 | |||
| Treynor Ratio | (3.52) |
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| Volume Indicators |
Complementary Tools for Wangneng Stock analysis
When running Wangneng Environment's price analysis, check to measure Wangneng Environment'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 Wangneng Environment is operating at the current time. Most of Wangneng Environment's value examination focuses on studying past and present price action to predict the probability of Wangneng Environment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wangneng Environment's price. Additionally, you may evaluate how the addition of Wangneng Environment to your portfolios can decrease your overall portfolio volatility.
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