Ningbo Ligong (China) Price on June 6, 2024
| 002322 Stock | 13.63 0.01 0.07% |
Below is the normalized historical share price chart for Ningbo Ligong Online extending back to December 18, 2009. 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 Ningbo Ligong stands at 13.63, as last reported on the 13th of December 2024, with the highest price reaching 13.66 and the lowest price hitting 13.48 during the day.
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. Ningbo Ligong Online has Sharpe Ratio of -0.01, which conveys that the firm had a -0.01% return per unit of risk over the last 3 months. Ningbo Ligong exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Ningbo Ligong's Mean Deviation of 1.87, standard deviation of 2.75, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide.
As of December 13, 2024, Total Stockholder Equity is expected to decline to about 2.1 B. In addition to that, Common Stock is expected to decline to about 269.9 M. Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of December 2009 | 200 Day MA 14.1002 | 50 Day MA 14.027 | Beta 0.37 |
Ningbo |
Sharpe Ratio = -0.01
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 002322 |
Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ningbo Ligong 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 Ningbo Ligong by adding Ningbo Ligong to a well-diversified portfolio.
Price Book 1.7802 | Enterprise Value Ebitda 14.2047 | Price Sales 4.6858 | Shares Float 208.3 M | Dividend Share 1.24 |
Ningbo Ligong Valuation on June 6, 2024
It is possible to determine the worth of Ningbo Ligong on a given historical date. On June 6, 2024 Ningbo was worth 14.3 at the beginning of the trading date compared to the closed value of 14.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ningbo Ligong stock. Still, in general, we apply an absolute valuation method to find Ningbo Ligong'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 Ningbo Ligong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ningbo Ligong's related companies.
| Open | High | Low | Close | Volume | |
| 14.67 | 14.83 | 14.28 | 14.34 | 6,728,210 | |
06/06/2024 | 14.30 | 14.51 | 13.93 | 14.05 | 7,635,110 |
| 14.21 | 14.31 | 13.57 | 13.73 | 7,979,259 |
| Backtest Ningbo Ligong | | | Ningbo Ligong History | | | Ningbo Ligong Valuation | Previous | Next |
Ningbo Ligong Trading Date Momentum on June 6, 2024
| On June 07 2024 Ningbo Ligong Online was traded for 13.73 at the closing time. The highest price during the trading period was 14.31 and the lowest recorded bid was listed for 13.57 . The volume for the day was 8 M. This history from June 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.28% . The trading delta at closing time to the current price is 4.56% . |
Ningbo Ligong Online Fundamentals Correlations and Trends
By evaluating Ningbo Ligong'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 Ningbo Ligong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ningbo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ningbo Ligong Stock history
Ningbo Ligong 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 Ningbo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ningbo Ligong Online 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 Ningbo Ligong stock prices may prove useful in developing a viable investing in Ningbo Ligong
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 341.2 M | 312.1 M | |
| Net Income Applicable To Common Shares | 246.8 M | 148.1 M |
Ningbo Ligong Quarterly Net Working Capital |
|
Ningbo Ligong Stock Technical Analysis
Ningbo Ligong 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
Ningbo Ligong Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Ningbo Ligong Online 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.
Ningbo Ligong December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Ningbo Ligong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ningbo Ligong shares will generate the highest return on investment. By undertsting and applying Ningbo Ligong stock market strength indicators, traders can identify Ningbo Ligong Online entry and exit signals to maximize returns
Ningbo Ligong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ningbo Ligong's price direction in advance. Along with the technical and fundamental analysis of Ningbo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ningbo 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 | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (1.21) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ningbo Stock analysis
When running Ningbo Ligong's price analysis, check to measure Ningbo Ligong'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 Ningbo Ligong is operating at the current time. Most of Ningbo Ligong's value examination focuses on studying past and present price action to predict the probability of Ningbo Ligong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ningbo Ligong's price. Additionally, you may evaluate how the addition of Ningbo Ligong to your portfolios can decrease your overall portfolio volatility.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |