Changchun (China) Price on July 24, 2023
| 002338 Stock | 40.64 0.62 1.50% |
Below is the normalized historical share price chart for Changchun UP Optotech extending back to January 15, 2010. 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 Changchun stands at 40.64, as last reported on the 27th of November, with the highest price reaching 41.78 and the lowest price hitting 40.38 during the day.
If you're considering investing in Changchun Stock, it is important to understand the factors that can impact its price. Changchun is not too volatile given 3 months investment horizon. Changchun UP Optotech secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of standard deviation over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use Changchun risk adjusted performance of 0.1438, and Mean Deviation of 3.24 to evaluate company specific risk that cannot be diversified away.
As of November 27, 2024, Total Stockholder Equity is expected to decline to about 733.5 M. In addition to that, Common Stock is expected to decline to about 157.9 M. Changchun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of January 2010 | 200 Day MA 30.1834 | 50 Day MA 36.3862 | Beta 0.145 |
Changchun |
Sharpe Ratio = 0.2279
| Best Portfolio | Best Equity | |||
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| Small Returns | 002338 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.45 actual daily | 39 61% of assets are more volatile |
Expected Return
| 1.01 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Changchun is performing at about 17% 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 Changchun by adding it to a well-diversified portfolio.
Price Book 7.6641 | Enterprise Value Ebitda 98.8581 | Price Sales 12.6103 | Shares Float 125 M | Dividend Share 0.035 |
Changchun Valuation on July 24, 2023
It is possible to determine the worth of Changchun on a given historical date. On July 24, 2023 Changchun was worth 35.57 at the beginning of the trading date compared to the closed value of 35.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Changchun stock. Still, in general, we apply an absolute valuation method to find Changchun'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 Changchun where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Changchun's related companies.
| Open | High | Low | Close | Volume | |
| 35.51 | 35.75 | 34.96 | 35.30 | 3,009,842 | |
07/24/2023 | 35.57 | 35.97 | 35.11 | 35.49 | 3,250,356 |
| 35.96 | 36.02 | 34.99 | 35.52 | 3,686,120 |
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Changchun Trading Date Momentum on July 24, 2023
| On July 25 2023 Changchun UP Optotech was traded for 35.52 at the closing time. The highest price during the trading period was 36.02 and the lowest recorded bid was listed for 34.99 . The volume for the day was 3.7 M. This history from July 25, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.08% . The overall trading delta to the current price is 6.17% . |
Changchun UP Optotech Fundamentals Correlations and Trends
By evaluating Changchun'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 Changchun's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Changchun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Changchun Stock history
Changchun 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 Changchun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Changchun UP Optotech 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 Changchun stock prices may prove useful in developing a viable investing in Changchun
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 216 M | 192 M | |
| Net Income Applicable To Common Shares | 94.1 M | 53.5 M |
Changchun Quarterly Net Working Capital |
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Changchun Stock Technical Analysis
Changchun 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
Changchun Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Changchun UP Optotech 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.
Changchun November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Changchun stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Changchun shares will generate the highest return on investment. By undertsting and applying Changchun stock market strength indicators, traders can identify Changchun UP Optotech entry and exit signals to maximize returns
Changchun Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Changchun's price direction in advance. Along with the technical and fundamental analysis of Changchun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Changchun 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 | 0.1438 | |||
| Jensen Alpha | 0.7016 | |||
| Total Risk Alpha | 0.0837 | |||
| Sortino Ratio | 0.179 | |||
| Treynor Ratio | 2.43 |
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Changchun Stock analysis
When running Changchun's price analysis, check to measure Changchun'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 Changchun is operating at the current time. Most of Changchun's value examination focuses on studying past and present price action to predict the probability of Changchun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changchun's price. Additionally, you may evaluate how the addition of Changchun to your portfolios can decrease your overall portfolio volatility.
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