Zhejiang Dahua (China) Price on October 25, 2024
| 002236 Stock | 16.33 0.36 2.25% |
Below is the normalized historical share price chart for Zhejiang Dahua Technology extending back to May 08, 2008. 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 Zhejiang Dahua stands at 16.33, as last reported on the 2nd of December, with the highest price reaching 16.49 and the lowest price hitting 15.89 during the day.
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. Zhejiang Dahua appears to be not too volatile, given 3 months investment horizon. Zhejiang Dahua Technology 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 Zhejiang Dahua Technology, which you can use to evaluate the volatility of the company. Please utilize Zhejiang Dahua's Mean Deviation of 2.05, market risk adjusted performance of (2.42), and Downside Deviation of 2.77 to validate if our risk estimates are consistent with your expectations.
At present, Zhejiang Dahua's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 3.3 B, whereas Common Stock is forecasted to decline to about 1.8 B. . Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of May 2008 | 200 Day MA 16.3787 | 50 Day MA 16.258 | Beta 0.841 |
Zhejiang |
Sharpe Ratio = 0.1245
| Best Portfolio | Best Equity | |||
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| Small Returns | 002236 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Zhejiang Dahua 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 Zhejiang Dahua by adding it to a well-diversified portfolio.
Price Book 1.5043 | Enterprise Value Ebitda 5.8815 | Price Sales 1.6671 | Shares Float 1.7 B | Dividend Share 0.566 |
Zhejiang Dahua Valuation on October 25, 2024
It is possible to determine the worth of Zhejiang Dahua on a given historical date. On October 25, 2024 Zhejiang was worth 16.38 at the beginning of the trading date compared to the closed value of 16.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Dahua stock. Still, in general, we apply an absolute valuation method to find Zhejiang Dahua'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 Dahua where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Dahua's related companies.
| Open | High | Low | Close | Volume | |
| 16.58 | 16.63 | 16.30 | 16.35 | 35,038,993 | |
10/25/2024 | 16.38 | 16.58 | 16.22 | 16.45 | 35,350,539 |
| 16.47 | 16.90 | 16.47 | 16.68 | 49,816,260 |
| Backtest Zhejiang Dahua | | | Zhejiang Dahua History | | | Zhejiang Dahua Valuation | Previous | Next |
Zhejiang Dahua Trading Date Momentum on October 25, 2024
| On October 28 2024 Zhejiang Dahua Technology was traded for 16.68 at the closing time. The highest price during the trading period was 16.90 and the lowest recorded bid was listed for 16.47 . The volume for the day was 49.8 M. This history from October 28, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.40% . The trading date delta to the current price is 2.31% . |
Zhejiang Dahua Technology Fundamentals Correlations and Trends
By evaluating Zhejiang Dahua'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 Dahua'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 Dahua Stock history
Zhejiang Dahua 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 Dahua Technology 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 Dahua stock prices may prove useful in developing a viable investing in Zhejiang Dahua
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.3 B | 3.3 B | |
| Net Income Applicable To Common Shares | 2.7 B | 1.7 B |
Zhejiang Dahua Quarterly Net Working Capital |
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Zhejiang Dahua Stock Technical Analysis
Zhejiang Dahua 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 Dahua Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Zhejiang Dahua Technology 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 Dahua December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Dahua 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 Dahua shares will generate the highest return on investment. By undertsting and applying Zhejiang Dahua stock market strength indicators, traders can identify Zhejiang Dahua Technology entry and exit signals to maximize returns
Zhejiang Dahua Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Dahua'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 | 0.109 | |||
| Jensen Alpha | 0.3838 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0855 | |||
| Treynor Ratio | (2.43) |
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| Math Transform | ||
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| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Dahua's price analysis, check to measure Zhejiang Dahua'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 Dahua is operating at the current time. Most of Zhejiang Dahua's value examination focuses on studying past and present price action to predict the probability of Zhejiang Dahua'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 Dahua's price. Additionally, you may evaluate how the addition of Zhejiang Dahua to your portfolios can decrease your overall portfolio volatility.
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