Meinian Onehealth (China) Price on August 22, 2024

002044 Stock   5.34  0.14  2.69%   
If you're considering investing in Meinian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meinian Onehealth stands at 5.34, as last reported on the 5th of May, with the highest price reaching 5.42 and the lowest price hitting 5.12 during the day. Meinian Onehealth appears to be moderately volatile, given 3 months investment horizon. Meinian Onehealth has Sharpe Ratio of 0.0968, which conveys that the firm had a 0.0968 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Meinian Onehealth, which you can use to evaluate the volatility of the firm. Please exercise Meinian Onehealth's Risk Adjusted Performance of 0.1633, mean deviation of 2.74, and Downside Deviation of 2.93 to check out if our risk estimates are consistent with your expectations.
  
At present, Meinian Onehealth'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 4.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 4.3 B. . Meinian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Price Book
2.6418
Enterprise Value Ebitda
12.1266
Price Sales
1.9618
Shares Float
2.5 B
Dividend Share
0.014

Meinian Onehealth Valuation on August 22, 2024

It is possible to determine the worth of Meinian Onehealth on a given historical date. On August 22, 2024 Meinian was worth 3.44 at the beginning of the trading date compared to the closed value of 3.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meinian Onehealth stock. Still, in general, we apply an absolute valuation method to find Meinian Onehealth'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 Meinian Onehealth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meinian Onehealth's related companies.
 Open High Low Close Volume
  3.52    3.53    3.44    3.44    17,478,000  
08/22/2024
  3.44    3.46    3.35    3.36    23,956,641  
  3.36    3.37    3.30    3.33    19,463,381  
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Open Value

3.44
3.36
Closing Value
15.27
Upside

Meinian Onehealth Trading Date Momentum on August 22, 2024

On August 23 2024 Meinian Onehealth Healthcare was traded for  3.33  at the closing time. The highest price during the trading period was 3.37  and the lowest recorded bid was listed for  3.30 . The volume for the day was 19.5 M. This history from August 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.89% . The trading delta at closing time to the current price is 2.98% .

Meinian Onehealth Fundamentals Correlations and Trends

By evaluating Meinian Onehealth'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 Meinian Onehealth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meinian financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Meinian Onehealth Stock history

Meinian Onehealth 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 Meinian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meinian Onehealth 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 Meinian Onehealth stock prices may prove useful in developing a viable investing in Meinian Onehealth
Last ReportedProjected for Next Year
Common Stock Shares Outstanding4.5 B4.3 B
Net Loss-613.1 M-582.5 M

Meinian Onehealth Stock Technical Analysis

Meinian Onehealth 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.
A focus of Meinian Onehealth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Meinian Onehealth trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Meinian Onehealth Period Price Range

Low
May 5, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Meinian Onehealth Healthcare 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.

Meinian Onehealth May 5, 2025 Market Strength

Market strength indicators help investors to evaluate how Meinian Onehealth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meinian Onehealth shares will generate the highest return on investment. By undertsting and applying Meinian Onehealth stock market strength indicators, traders can identify Meinian Onehealth Healthcare entry and exit signals to maximize returns

Meinian Onehealth Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Meinian Onehealth's price direction in advance. Along with the technical and fundamental analysis of Meinian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meinian 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.

Complementary Tools for Meinian Stock analysis

When running Meinian Onehealth's price analysis, check to measure Meinian Onehealth'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 Meinian Onehealth is operating at the current time. Most of Meinian Onehealth's value examination focuses on studying past and present price action to predict the probability of Meinian Onehealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meinian Onehealth's price. Additionally, you may evaluate how the addition of Meinian Onehealth to your portfolios can decrease your overall portfolio volatility.
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