Zhejiang Hisoar (China) Price on December 4, 2024
002099 Stock | 4.87 0.08 1.62% |
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zhejiang Hisoar stands at 4.87, as last reported on the 23rd of January, with the highest price reaching 4.90 and the lowest price hitting 4.80 during the day. Zhejiang Hisoar Phar shows Sharpe Ratio of -0.18, which attests that the company had a -0.18 % return per unit of risk over the last 3 months. Zhejiang Hisoar Phar exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zhejiang Hisoar's Standard Deviation of 1.94, mean deviation of 1.54, and Market Risk Adjusted Performance of (1.02) to validate the risk estimate we provide.
Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zhejiang |
Sharpe Ratio = -0.1803
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Estimated Market Risk
1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zhejiang Hisoar is not performing at its full potential. However, 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 Zhejiang Hisoar by adding Zhejiang Hisoar to a well-diversified portfolio.
Zhejiang Hisoar Valuation on December 4, 2024
It is possible to determine the worth of Zhejiang Hisoar on a given historical date. On December 4, 2024 Zhejiang was worth 5.98 at the beginning of the trading date compared to the closed value of 5.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Hisoar stock. Still, in general, we apply an absolute valuation method to find Zhejiang Hisoar'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 Zhejiang Hisoar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Hisoar's related companies.
Open | High | Low | Close | Volume | |
6.07 | 6.08 | 5.95 | 6.02 | 13,032,800 | |
12/04/2024 | 5.98 | 6.02 | 5.81 | 5.84 | 11,588,400 |
5.82 | 5.89 | 5.80 | 5.88 | 6,896,840 |
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Zhejiang Hisoar Trading Date Momentum on December 4, 2024
On December 05 2024 Zhejiang Hisoar Pharmaceutical was traded for 5.88 at the closing time. The highest price during the trading period was 5.89 and the lowest recorded bid was listed for 5.80 . The volume for the day was 6.9 M. This history from December 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.68% . The trading date delta to the current price is 1.37% . |
Zhejiang Hisoar Phar Fundamentals Correlations and Trends
By evaluating Zhejiang Hisoar'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 Zhejiang Hisoar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhejiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhejiang Hisoar Stock history
Zhejiang Hisoar 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 Zhejiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhejiang Hisoar Phar 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 Zhejiang Hisoar stock prices may prove useful in developing a viable investing in Zhejiang Hisoar
Zhejiang Hisoar Stock Technical Analysis
Zhejiang Hisoar 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
Zhejiang Hisoar Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
Zhejiang Hisoar Pharmaceutical 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.
Zhejiang Hisoar January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Hisoar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhejiang Hisoar shares will generate the highest return on investment. By undertsting and applying Zhejiang Hisoar stock market strength indicators, traders can identify Zhejiang Hisoar Pharmaceutical entry and exit signals to maximize returns
Zhejiang Hisoar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Hisoar's price direction in advance. Along with the technical and fundamental analysis of Zhejiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhejiang 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 | (0.15) | |||
Jensen Alpha | (0.37) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | (1.03) |
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Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Hisoar's price analysis, check to measure Zhejiang Hisoar'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 Zhejiang Hisoar is operating at the current time. Most of Zhejiang Hisoar's value examination focuses on studying past and present price action to predict the probability of Zhejiang Hisoar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Hisoar's price. Additionally, you may evaluate how the addition of Zhejiang Hisoar to your portfolios can decrease your overall portfolio volatility.
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