Zhongshan Broad-Ocean (China) Price on November 27, 2024
| 002249 Stock | 5.51 0.11 2.04% |
Below is the normalized historical share price chart for Zhongshan Broad Ocean Motor extending back to June 19, 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 Zhongshan Broad-Ocean stands at 5.51, as last reported on the 30th of November, with the highest price reaching 5.54 and the lowest price hitting 5.36 during the day.
If you're considering investing in Zhongshan Stock, it is important to understand the factors that can impact its price. Zhongshan Broad-Ocean appears to be slightly risky, given 3 months investment horizon. Zhongshan Broad Ocean shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zhongshan Broad Ocean, which you can use to evaluate the volatility of the company. Please utilize Zhongshan Broad-Ocean's Market Risk Adjusted Performance of (0.95), mean deviation of 1.52, and Downside Deviation of 2.08 to validate if our risk estimates are consistent with your expectations.
At present, Zhongshan Broad-Ocean's Common Stock 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 2.6 B, whereas Total Stockholder Equity is forecasted to decline to about 4.8 B. . Zhongshan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of June 2008 | 200 Day MA 4.9814 | 50 Day MA 5.3942 | Beta 0.705 |
Zhongshan |
Sharpe Ratio = 0.1389
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| Small Returns | 002249 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Zhongshan Broad-Ocean is performing at about 10% 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 Zhongshan Broad-Ocean by adding it to a well-diversified portfolio.
Price Book 1.4768 | Enterprise Value Ebitda 9.9652 | Price Sales 1.1513 | Shares Float 1.4 B | Dividend Share 0.19 |
Zhongshan Broad-Ocean Valuation on November 27, 2024
It is possible to determine the worth of Zhongshan Broad-Ocean on a given historical date. On November 27, 2024 Zhongshan was worth 5.39 at the beginning of the trading date compared to the closed value of 5.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhongshan Broad-Ocean stock. Still, in general, we apply an absolute valuation method to find Zhongshan Broad-Ocean'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 Zhongshan Broad-Ocean where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhongshan Broad-Ocean's related companies.
| Open | High | Low | Close | Volume | |
| 5.47 | 5.50 | 5.39 | 5.41 | 24,693,362 | |
11/27/2024 | 5.39 | 5.48 | 5.26 | 5.47 | 31,425,985 |
| 5.45 | 5.48 | 5.39 | 5.40 | 24,181,870 |
| Backtest Zhongshan Broad-Ocean | | | Zhongshan Broad-Ocean History | | | Zhongshan Broad-Ocean Valuation | Previous | Next |
Zhongshan Broad-Ocean Trading Date Momentum on November 27, 2024
| On November 28 2024 Zhongshan Broad Ocean Motor was traded for 5.40 at the closing time. The highest price during the trading period was 5.48 and the lowest recorded bid was listed for 5.39 . The volume for the day was 24.2 M. This history from November 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.28% . The trading date delta to the current price is 1.65% . |
Zhongshan Broad Ocean Fundamentals Correlations and Trends
By evaluating Zhongshan Broad-Ocean'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 Zhongshan Broad-Ocean's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhongshan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhongshan Broad-Ocean Stock history
Zhongshan Broad-Ocean 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 Zhongshan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhongshan Broad Ocean 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 Zhongshan Broad-Ocean stock prices may prove useful in developing a viable investing in Zhongshan Broad-Ocean
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.4 B | 2.6 B | |
| Net Income Applicable To Common Shares | 225.3 M | 236.6 M |
Zhongshan Broad-Ocean Quarterly Net Working Capital |
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Zhongshan Broad-Ocean Stock Technical Analysis
Zhongshan Broad-Ocean 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
Zhongshan Broad-Ocean Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Zhongshan Broad Ocean Motor 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.
Zhongshan Broad-Ocean November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhongshan Broad-Ocean stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhongshan Broad-Ocean shares will generate the highest return on investment. By undertsting and applying Zhongshan Broad-Ocean stock market strength indicators, traders can identify Zhongshan Broad Ocean Motor entry and exit signals to maximize returns
Zhongshan Broad-Ocean Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhongshan Broad-Ocean's price direction in advance. Along with the technical and fundamental analysis of Zhongshan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhongshan 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 | 0.1347 | |||
| Jensen Alpha | 0.4019 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1091 | |||
| Treynor Ratio | (0.96) |
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Complementary Tools for Zhongshan Stock analysis
When running Zhongshan Broad-Ocean's price analysis, check to measure Zhongshan Broad-Ocean'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 Zhongshan Broad-Ocean is operating at the current time. Most of Zhongshan Broad-Ocean's value examination focuses on studying past and present price action to predict the probability of Zhongshan Broad-Ocean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhongshan Broad-Ocean's price. Additionally, you may evaluate how the addition of Zhongshan Broad-Ocean to your portfolios can decrease your overall portfolio volatility.
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