Hongrun Construction (China) Price on February 27, 2024
| 002062 Stock | 4.65 0.07 1.53% |
Below is the normalized historical share price chart for Hongrun Construction Group extending back to August 16, 2006. 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 Hongrun Construction stands at 4.65, as last reported on the 30th of November, with the highest price reaching 4.73 and the lowest price hitting 4.50 during the day.
If you're considering investing in Hongrun Stock, it is important to understand the factors that can impact its price. Hongrun Construction appears to be moderately volatile, given 3 months investment horizon. Hongrun Construction 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 Hongrun Construction's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Hongrun Construction's Risk Adjusted Performance of 0.1515, downside deviation of 2.44, and Market Risk Adjusted Performance of (1.08) to validate if our risk estimates are consistent with your expectations.
As of November 30, 2024, Total Stockholder Equity is expected to decline to about 2.3 B. In addition to that, Liabilities And Stockholders Equity is expected to decline to about 11.1 B. Hongrun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of August 2006 | 200 Day MA 3.8477 | 50 Day MA 4.041 | Beta 0.196 |
Hongrun |
Sharpe Ratio = 0.209
| Best Portfolio | Best Equity | |||
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| Small Returns | 002062 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.91 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Hongrun Construction 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 Hongrun Construction by adding it to a well-diversified portfolio.
Price Book 1.1568 | Enterprise Value Ebitda 8.7886 | Price Sales 0.8302 | Shares Float 481.3 M | Dividend Share 0.1 |
Hongrun Construction Valuation on February 27, 2024
It is possible to determine the worth of Hongrun Construction on a given historical date. On February 27, 2024 Hongrun was worth 3.91 at the beginning of the trading date compared to the closed value of 3.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hongrun Construction stock. Still, in general, we apply an absolute valuation method to find Hongrun Construction'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 Hongrun Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hongrun Construction's related companies.
| Open | High | Low | Close | Volume | |
| 3.80 | 4.04 | 3.77 | 3.90 | 15,780,000 | |
02/27/2024 | 3.91 | 3.99 | 3.88 | 3.98 | 10,996,400 |
| 3.99 | 4.07 | 3.79 | 3.79 | 15,835,111 |
| Backtest Hongrun Construction | | | Hongrun Construction History | | | Hongrun Construction Valuation | Previous | Next |
Hongrun Construction Trading Date Momentum on February 27, 2024
| On February 28 2024 Hongrun Construction Group was traded for 3.79 at the closing time. The highest price during the trading period was 4.07 and the lowest recorded bid was listed for 3.79 . The volume for the day was 15.8 M. This history from February 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.77% . The trading delta at closing time to the current price is 4.02% . |
Hongrun Construction Fundamentals Correlations and Trends
By evaluating Hongrun Construction'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 Hongrun Construction's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hongrun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hongrun Construction Stock history
Hongrun Construction 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 Hongrun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hongrun Construction 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 Hongrun Construction stock prices may prove useful in developing a viable investing in Hongrun Construction
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 992.2 M | 882 M | |
| Net Income Applicable To Common Shares | 419 M | 241.7 M |
Hongrun Construction Quarterly Net Working Capital |
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Hongrun Construction Stock Technical Analysis
Hongrun Construction 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
Hongrun Construction Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Hongrun Construction Group 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.
Hongrun Construction November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Hongrun Construction stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hongrun Construction shares will generate the highest return on investment. By undertsting and applying Hongrun Construction stock market strength indicators, traders can identify Hongrun Construction Group entry and exit signals to maximize returns
Hongrun Construction Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hongrun Construction's price direction in advance. Along with the technical and fundamental analysis of Hongrun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hongrun 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 | 0.1515 | |||
| Jensen Alpha | 0.5713 | |||
| Total Risk Alpha | 0.0503 | |||
| Sortino Ratio | 0.1574 | |||
| Treynor Ratio | (1.09) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hongrun Stock analysis
When running Hongrun Construction's price analysis, check to measure Hongrun Construction'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 Hongrun Construction is operating at the current time. Most of Hongrun Construction's value examination focuses on studying past and present price action to predict the probability of Hongrun Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hongrun Construction's price. Additionally, you may evaluate how the addition of Hongrun Construction to your portfolios can decrease your overall portfolio volatility.
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