Gotion High (China) Price on November 14, 2024
| 002074 Stock | 24.70 2.00 8.81% |
Below is the normalized historical share price chart for Gotion High tech extending back to October 18, 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 Gotion High stands at 24.70, as last reported on the 26th of November, with the highest price reaching 24.95 and the lowest price hitting 22.87 during the day.
If you're considering investing in Gotion Stock, it is important to understand the factors that can impact its price. Gotion High appears to be not too volatile, given 3 months investment horizon. Gotion High tech holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. By evaluating Gotion High's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Gotion High's Market Risk Adjusted Performance of (1.71), downside deviation of 2.7, and Risk Adjusted Performance of 0.097 to validate if our risk estimates are consistent with your expectations.
At present, Gotion High'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 B, whereas Treasury Stock is forecasted to decline to (278.9 M). . Gotion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of October 2006 | 200 Day MA 19.9237 | 50 Day MA 21.7828 | Beta 0.744 |
Gotion |
Sharpe Ratio = 0.1746
| Best Portfolio | Best Equity | |||
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| Small Returns | 002074 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.46 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Gotion High 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 Gotion High by adding it to a well-diversified portfolio.
Price Book 1.6228 | Enterprise Value Ebitda 28.662 | Price Sales 1.2616 | Shares Float 1 B | Dividend Share 0.1 |
Gotion High Valuation on November 14, 2024
It is possible to determine the worth of Gotion High on a given historical date. On November 14, 2024 Gotion was worth 25.35 at the beginning of the trading date compared to the closed value of 24.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gotion High stock. Still, in general, we apply an absolute valuation method to find Gotion High'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 Gotion High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gotion High's related companies.
| Open | High | Low | Close | Volume | |
| 24.83 | 25.50 | 24.30 | 24.92 | 42,327,553 | |
11/14/2024 | 25.35 | 25.50 | 24.20 | 24.23 | 44,199,962 |
| 24.01 | 24.33 | 23.33 | 23.33 | 33,739,848 |
| Backtest Gotion High | | | Gotion High History | | | Gotion High Valuation | Previous | Next |
Gotion High Trading Date Momentum on November 14, 2024
| On November 15 2024 Gotion High tech was traded for 23.33 at the closing time. The highest price during the trading period was 24.33 and the lowest recorded bid was listed for 23.33 . The volume for the day was 33.7 M. This history from November 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.71% . The overall trading delta to the current price is 5.57% . |
Gotion High tech Fundamentals Correlations and Trends
By evaluating Gotion High'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 Gotion High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gotion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gotion High Stock history
Gotion High 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 Gotion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gotion High tech 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 Gotion High stock prices may prove useful in developing a viable investing in Gotion High
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.8 B | 1.6 B | |
| Net Income Applicable To Common Shares | 117.2 M | 213.6 M |
Gotion High Stock Technical Analysis
Gotion High 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
Gotion High Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Gotion High tech 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.
Gotion High November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Gotion High stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gotion High shares will generate the highest return on investment. By undertsting and applying Gotion High stock market strength indicators, traders can identify Gotion High tech entry and exit signals to maximize returns
Gotion High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gotion High's price direction in advance. Along with the technical and fundamental analysis of Gotion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gotion 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 | 0.097 | |||
| Jensen Alpha | 0.3842 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0883 | |||
| Treynor Ratio | (1.72) |
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Complementary Tools for Gotion Stock analysis
When running Gotion High's price analysis, check to measure Gotion High'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 Gotion High is operating at the current time. Most of Gotion High's value examination focuses on studying past and present price action to predict the probability of Gotion High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gotion High's price. Additionally, you may evaluate how the addition of Gotion High to your portfolios can decrease your overall portfolio volatility.
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