Longxing Chemical (China) Price on September 27, 2024
| 002442 Stock | 5.65 0.05 0.88% |
Below is the normalized historical share price chart for Longxing Chemical Stock extending back to July 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 Longxing Chemical stands at 5.65, as last reported on the 2nd of December, with the highest price reaching 5.72 and the lowest price hitting 5.53 during the day.
If you're considering investing in Longxing Stock, it is important to understand the factors that can impact its price. Longxing Chemical appears to be slightly risky, given 3 months investment horizon. Longxing Chemical Stock has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. By analyzing Longxing Chemical's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise Longxing Chemical's Mean Deviation of 1.77, downside deviation of 2.29, and Risk Adjusted Performance of 0.174 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 13.8 M, whereas Total Stockholder Equity is forecasted to decline to about 1.4 B. . Longxing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of July 2010 | 200 Day MA 4.5558 | 50 Day MA 4.7962 | Beta 0.669 |
Longxing |
Sharpe Ratio = 0.2091
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002442 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Longxing Chemical is performing at about 16% 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 Longxing Chemical by adding it to a well-diversified portfolio.
Price Book 1.5097 | Enterprise Value Ebitda 22.9739 | Price Sales 0.6858 | Shares Float 296.6 M | Dividend Share 0.12 |
Longxing Chemical Valuation on September 27, 2024
It is possible to determine the worth of Longxing Chemical on a given historical date. On September 27, 2024 Longxing was worth 4.39 at the beginning of the trading date compared to the closed value of 4.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Longxing Chemical stock. Still, in general, we apply an absolute valuation method to find Longxing 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 Longxing Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Longxing Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 4.21 | 4.34 | 4.20 | 4.33 | 9,253,381 | |
09/27/2024 | 4.39 | 4.51 | 4.34 | 4.46 | 13,207,800 |
| 4.58 | 4.85 | 4.47 | 4.79 | 30,636,375 |
| Backtest Longxing Chemical | | | Longxing Chemical History | | | Longxing Chemical Valuation | Previous | Next |
Longxing Chemical Trading Date Momentum on September 27, 2024
| On September 30 2024 Longxing Chemical Stock was traded for 4.79 at the closing time. The highest price during the trading period was 4.85 and the lowest recorded bid was listed for 4.47 . The volume for the day was 30.6 M. This history from September 30, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 7.40% . The trading delta at closing time to the current price is 17.71% . |
Longxing Chemical Stock Fundamentals Correlations and Trends
By evaluating Longxing 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 Longxing Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Longxing financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Longxing Chemical Stock history
Longxing 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 Longxing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Longxing Chemical Stock 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 Longxing Chemical stock prices may prove useful in developing a viable investing in Longxing Chemical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 564.4 M | 533.1 M | |
| Net Income Applicable To Common Shares | 119.2 M | 78.7 M |
Longxing Chemical Quarterly Net Working Capital |
|
Longxing Chemical Stock Technical Analysis
Longxing 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
Longxing Chemical Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Longxing Chemical Stock 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.
Longxing Chemical December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Longxing 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 Longxing Chemical shares will generate the highest return on investment. By undertsting and applying Longxing Chemical stock market strength indicators, traders can identify Longxing Chemical Stock entry and exit signals to maximize returns
Longxing Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Longxing Chemical's price direction in advance. Along with the technical and fundamental analysis of Longxing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Longxing 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 | 0.174 | |||
| Jensen Alpha | 0.571 | |||
| Total Risk Alpha | 0.1146 | |||
| Sortino Ratio | 0.1701 | |||
| 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 Longxing Stock analysis
When running Longxing Chemical's price analysis, check to measure Longxing 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 Longxing Chemical is operating at the current time. Most of Longxing Chemical's value examination focuses on studying past and present price action to predict the probability of Longxing 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 Longxing Chemical's price. Additionally, you may evaluate how the addition of Longxing Chemical to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Global Correlations Find global opportunities by holding instruments from different markets |