Guangdong Advertising (China) Price on October 22, 2024
| 002400 Stock | 7.72 0.30 4.04% |
Below is the normalized historical share price chart for Guangdong Advertising Co extending back to May 06, 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 Guangdong Advertising stands at 7.72, as last reported on the 23rd of November, with the highest price reaching 8.16 and the lowest price hitting 7.20 during the day.
If you're considering investing in Guangdong Stock, it is important to understand the factors that can impact its price. Guangdong Advertising appears to be slightly risky, given 3 months investment horizon. Guangdong Advertising holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22% return per unit of standard deviation over the last 3 months. By evaluating Guangdong Advertising's technical indicators, you can evaluate if the expected return of 0.95% is justified by implied risk. Please utilize Guangdong Advertising's risk adjusted performance of 0.1589, and Market Risk Adjusted Performance of 1.53 to validate if our risk estimates are consistent with your expectations.
The current year's Common Stock is expected to grow to about 2.1 B, whereas Total Stockholder Equity is forecasted to decline to about 3.2 B. . Guangdong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 5.3939 | 50 Day MA 5.9106 | Beta 1.103 |
Guangdong |
Sharpe Ratio = 0.2179
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| Small Returns | 002400 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.35 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.95 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Guangdong Advertising 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 Guangdong Advertising by adding it to a well-diversified portfolio.
Price Book 2.7401 | Enterprise Value Ebitda 76.2736 | Price Sales 0.6711 | Shares Float 1.4 B | Dividend Share 0.027 |
Guangdong Advertising Valuation on October 22, 2024
It is possible to determine the worth of Guangdong Advertising on a given historical date. On October 22, 2024 Guangdong was worth 5.6 at the beginning of the trading date compared to the closed value of 5.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guangdong Advertising stock. Still, in general, we apply an absolute valuation method to find Guangdong Advertising'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 Guangdong Advertising where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guangdong Advertising's related companies.
| Open | High | Low | Close | Volume | |
| 5.34 | 5.66 | 5.33 | 5.59 | 119,664,368 | |
10/22/2024 | 5.60 | 6.15 | 5.57 | 5.93 | 322,687,925 |
| 6.00 | 6.15 | 5.79 | 5.90 | 297,987,082 |
| Backtest Guangdong Advertising | | | Guangdong Advertising History | | | Guangdong Advertising Valuation | Previous | Next |
Guangdong Advertising Trading Date Momentum on October 22, 2024
| On October 23 2024 Guangdong Advertising Co was traded for 5.90 at the closing time. The highest price during the trading period was 6.15 and the lowest recorded bid was listed for 5.79 . The volume for the day was 298 M. This history from October 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.51% . The overall trading delta to the current price is 11.80% . |
Guangdong Advertising Fundamentals Correlations and Trends
By evaluating Guangdong Advertising'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 Guangdong Advertising's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guangdong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guangdong Advertising Stock history
Guangdong Advertising 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 Guangdong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guangdong Advertising 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 Guangdong Advertising stock prices may prove useful in developing a viable investing in Guangdong Advertising
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.6 B | 1.4 B | |
| Net Income Applicable To Common Shares | 165.5 M | 93.9 M |
Guangdong Advertising Quarterly Net Working Capital |
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Guangdong Advertising Stock Technical Analysis
Guangdong Advertising 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
Guangdong Advertising Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Guangdong Advertising Co 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.
Guangdong Advertising November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Guangdong Advertising stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guangdong Advertising shares will generate the highest return on investment. By undertsting and applying Guangdong Advertising stock market strength indicators, traders can identify Guangdong Advertising Co entry and exit signals to maximize returns
Guangdong Advertising Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guangdong Advertising's price direction in advance. Along with the technical and fundamental analysis of Guangdong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guangdong 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 | 0.1589 | |||
| Jensen Alpha | 0.7423 | |||
| Total Risk Alpha | 0.1522 | |||
| Sortino Ratio | 0.1773 | |||
| Treynor Ratio | 1.52 |
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| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Guangdong Stock analysis
When running Guangdong Advertising's price analysis, check to measure Guangdong Advertising'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 Guangdong Advertising is operating at the current time. Most of Guangdong Advertising's value examination focuses on studying past and present price action to predict the probability of Guangdong Advertising's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guangdong Advertising's price. Additionally, you may evaluate how the addition of Guangdong Advertising to your portfolios can decrease your overall portfolio volatility.
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