North Chemical (China) Price on June 25, 2024

002246 Stock   11.98  0.05  0.42%   
Below is the normalized historical share price chart for North Chemical Industries extending back to May 27, 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 North Chemical stands at 11.98, as last reported on the 11th of December 2024, with the highest price reaching 12.36 and the lowest price hitting 11.96 during the day.
IPO Date
5th of June 2008
200 Day MA
9.1801
50 Day MA
11.4528
Beta
0.631
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in North Stock, it is important to understand the factors that can impact its price. North Chemical appears to be somewhat reliable, given 3 months investment horizon. North Chemical Industries has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing North Chemical's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please exercise North Chemical's Downside Deviation of 3.69, risk adjusted performance of 0.0935, and Mean Deviation of 2.76 to check out if our risk estimates are consistent with your expectations.
  
The current year's Other Stockholder Equity is expected to grow to about 14.1 M, whereas Total Stockholder Equity is forecasted to decline to about 1.5 B. . North Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1969

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Estimated Market Risk

 3.76
  actual daily
33
67% of assets are more volatile

Expected Return

 0.74
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average North Chemical is performing at about 15% 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 North Chemical by adding it to a well-diversified portfolio.
Price Book
2.3425
Enterprise Value Ebitda
20.5401
Price Sales
3.2661
Shares Float
291.8 M
Dividend Share
0.05

North Chemical Valuation on June 25, 2024

It is possible to determine the worth of North Chemical on a given historical date. On June 25, 2024 North was worth 8.6 at the beginning of the trading date compared to the closed value of 8.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of North Chemical stock. Still, in general, we apply an absolute valuation method to find North Chemical'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 North Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against North Chemical's related companies.
 Open High Low Close Volume
  9.08    9.11    8.56    8.59    20,315,613  
06/25/2024
  8.60    8.66    8.39    8.59    17,036,530  
  8.53    8.65    8.37    8.58    15,550,200  
Backtest North Chemical  |  North Chemical History  |  North Chemical Valuation   PreviousNext  
Open Value
8.6
8.59
Closing Value
19.87
Upside

North Chemical Trading Date Momentum on June 25, 2024

On June 26 2024 North Chemical Industries was traded for  8.58  at the closing time. The highest price during the trading period was 8.65  and the lowest recorded bid was listed for  8.37 . The volume for the day was 15.6 M. This history from June 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.12% . The trading delta at closing time to the current price is 6.40% .

North Chemical Industries Fundamentals Correlations and Trends

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

About North Chemical Stock history

North Chemical 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 North is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in North Chemical Industries 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 North Chemical stock prices may prove useful in developing a viable investing in North Chemical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding631.4 M598.2 M
Net Income Applicable To Common Shares107 M75.7 M

North Chemical Quarterly Net Working Capital

1.76 Billion

North Chemical Stock Technical Analysis

North Chemical 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 North Chemical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of North Chemical 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

North Chemical Period Price Range

Low
December 11, 2024
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High

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North Chemical Industries 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.

North Chemical December 11, 2024 Market Strength

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

North Chemical Technical and Predictive Indicators

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

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