Offcn Education (China) Price on November 25, 2024
| 002607 Stock | 3.17 0.02 0.63% |
Below is the normalized historical share price chart for Offcn Education Technology extending back to August 10, 2011. 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 Offcn Education stands at 3.17, as last reported on the 30th of November, with the highest price reaching 3.24 and the lowest price hitting 3.07 during the day.
If you're considering investing in Offcn Stock, it is important to understand the factors that can impact its price. Offcn Education appears to be very risky, given 3 months investment horizon. Offcn Education Tech maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% return per unit of risk over the last 3 months. By analyzing Offcn Education's technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please evaluate Offcn Education's Semi Deviation of 3.03, coefficient of variation of 498.38, and Risk Adjusted Performance of 0.1618 to confirm if our risk estimates are consistent with your expectations.
The current year's Common Stock is expected to grow to about 148.2 M, whereas Total Stockholder Equity is forecasted to decline to about 538.7 M. . Offcn Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of August 2011 | 200 Day MA 2.559 | 50 Day MA 2.5566 | Beta 0.678 |
Offcn |
Sharpe Ratio = 0.2106
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 002607 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.72 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Offcn Education 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 Offcn Education by adding it to a well-diversified portfolio.
Price Book 26.5903 | Enterprise Value Ebitda 2.4 K | Price Sales 7.7555 | Shares Float 3.5 B | Wall Street Target Price 3.11 |
Offcn Education Valuation on November 25, 2024
It is possible to determine the worth of Offcn Education on a given historical date. On November 25, 2024 Offcn was worth 3.03 at the beginning of the trading date compared to the closed value of 3.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Offcn Education stock. Still, in general, we apply an absolute valuation method to find Offcn Education'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 Offcn Education where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Offcn Education's related companies.
| Open | High | Low | Close | Volume | |
| 3.14 | 3.22 | 3.02 | 3.03 | 335,503,150 | |
11/25/2024 | 3.03 | 3.33 | 3.02 | 3.28 | 653,966,073 |
| 3.12 | 3.18 | 3.05 | 3.11 | 388,858,998 |
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Offcn Education Trading Date Momentum on November 25, 2024
| On November 26 2024 Offcn Education Technology was traded for 3.11 at the closing time. The highest price during the trading period was 3.18 and the lowest recorded bid was listed for 3.05 . The volume for the day was 388.9 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.18% . The trading delta at closing time to the current price is 4.57% . |
Offcn Education Tech Fundamentals Correlations and Trends
By evaluating Offcn Education'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 Offcn Education's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Offcn financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Offcn Education Stock history
Offcn Education 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 Offcn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Offcn Education Tech 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 Offcn Education stock prices may prove useful in developing a viable investing in Offcn Education
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.1 B | 5.1 B | |
| Net Loss | -991.9 M | -942.3 M |
Offcn Education Stock Technical Analysis
Offcn Education 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
Offcn Education Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Offcn Education Technology 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.
Offcn Education November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Offcn Education stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Offcn Education shares will generate the highest return on investment. By undertsting and applying Offcn Education stock market strength indicators, traders can identify Offcn Education Technology entry and exit signals to maximize returns
Offcn Education Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Offcn Education's price direction in advance. Along with the technical and fundamental analysis of Offcn Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Offcn 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 | 0.1618 | |||
| Jensen Alpha | 0.9208 | |||
| Total Risk Alpha | 0.1483 | |||
| Sortino Ratio | 0.2246 | |||
| Treynor Ratio | 10.5 |
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| Volume Indicators |
Complementary Tools for Offcn Stock analysis
When running Offcn Education's price analysis, check to measure Offcn Education'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 Offcn Education is operating at the current time. Most of Offcn Education's value examination focuses on studying past and present price action to predict the probability of Offcn Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Offcn Education's price. Additionally, you may evaluate how the addition of Offcn Education to your portfolios can decrease your overall portfolio volatility.
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