North Chemical (China) Price on November 15, 2023
| 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.
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, mean deviation of 2.76, and Risk Adjusted Performance of 0.0935 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.
IPO Date 5th of June 2008 | 200 Day MA 9.1801 | 50 Day MA 11.4528 | Beta 0.631 |
North |
Sharpe Ratio = 0.1969
| Best Portfolio | Best Equity | |||
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| Small Returns | 002246 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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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 November 15, 2023
It is possible to determine the worth of North Chemical on a given historical date. On November 15, 2023 North was worth 8.54 at the beginning of the trading date compared to the closed value of 8.5. 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 | |
| 8.48 | 8.54 | 8.41 | 8.48 | 3,343,700 | |
11/15/2023 | 8.54 | 8.57 | 8.45 | 8.50 | 3,429,080 |
| 8.48 | 8.49 | 8.41 | 8.41 | 2,911,515 |
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North Chemical Trading Date Momentum on November 15, 2023
| On November 16 2023 North Chemical Industries was traded for 8.41 at the closing time. The highest price during the trading period was 8.49 and the lowest recorded bid was listed for 8.41 . The volume for the day was 2.9 M. This history from November 16, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.06% . The trading delta at closing time to the current price is 0.94% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 631.4 M | 598.2 M | |
| Net Income Applicable To Common Shares | 107 M | 75.7 M |
North Chemical Quarterly Net Working Capital |
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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.
Price Boundaries
North Chemical Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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.
| Risk Adjusted Performance | 0.0935 | |||
| Jensen Alpha | 0.3576 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0846 | |||
| Treynor Ratio | 0.7073 |
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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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