Zhejiang Zanyu (China) Price on December 2, 2024
| 002637 Stock | 10.58 0.02 0.19% |
Below is the normalized historical share price chart for Zhejiang Zanyu Technology extending back to November 25, 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 Zhejiang Zanyu stands at 10.58, as last reported on the 11th of December 2024, with the highest price reaching 10.59 and the lowest price hitting 10.45 during the day.
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. Zhejiang Zanyu appears to be somewhat reliable, given 3 months investment horizon. Zhejiang Zanyu Technology shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of risk over the last 3 months. By examining Zhejiang Zanyu's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Zhejiang Zanyu's Market Risk Adjusted Performance of 2.58, downside deviation of 2.28, and Mean Deviation of 2.01 to validate if our risk estimates are consistent with your expectations.
As of December 11, 2024, Total Stockholder Equity is expected to decline to about 2 B. In addition to that, Common Stock is expected to decline to about 288.8 M. Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of November 2011 | 200 Day MA 8.7591 | 50 Day MA 8.7462 | Beta 0.164 |
Zhejiang |
Sharpe Ratio = 0.1722
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002637 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.09 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Zhejiang Zanyu is performing at about 13% 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 Zhejiang Zanyu by adding it to a well-diversified portfolio.
Price Book 1.3298 | Enterprise Value Ebitda 24.0623 | Price Sales 0.5005 | Shares Float 231.1 M | Dividend Share 0.1 |
Zhejiang Zanyu Valuation on December 2, 2024
It is possible to determine the worth of Zhejiang Zanyu on a given historical date. On December 2, 2024 Zhejiang was worth 11.07 at the beginning of the trading date compared to the closed value of 11.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Zanyu stock. Still, in general, we apply an absolute valuation method to find Zhejiang Zanyu'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 Zhejiang Zanyu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Zanyu's related companies.
| Open | High | Low | Close | Volume | |
| 10.73 | 11.25 | 10.56 | 11.10 | 17,136,731 | |
12/02/2024 | 11.07 | 11.38 | 10.84 | 11.17 | 11,713,496 |
| 11.19 | 11.28 | 10.80 | 10.90 | 8,830,482 |
| Backtest Zhejiang Zanyu | | | Zhejiang Zanyu History | | | Zhejiang Zanyu Valuation | Previous | Next |
Zhejiang Zanyu Trading Date Momentum on December 2, 2024
| On December 03 2024 Zhejiang Zanyu Technology was traded for 10.90 at the closing time. The highest price during the trading period was 11.28 and the lowest recorded bid was listed for 10.80 . The volume for the day was 8.8 M. This history from December 3, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.42% . The trading date delta to the current price is 5.82% . |
Zhejiang Zanyu Technology Fundamentals Correlations and Trends
By evaluating Zhejiang Zanyu'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 Zhejiang Zanyu's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhejiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhejiang Zanyu Stock history
Zhejiang Zanyu 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 Zhejiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhejiang Zanyu Technology 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 Zhejiang Zanyu stock prices may prove useful in developing a viable investing in Zhejiang Zanyu
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 541 M | 487.5 M | |
| Net Loss | -80.4 M | -76.3 M |
Zhejiang Zanyu Stock Technical Analysis
Zhejiang Zanyu 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
Zhejiang Zanyu Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Zhejiang Zanyu 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.
Zhejiang Zanyu December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Zanyu stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhejiang Zanyu shares will generate the highest return on investment. By undertsting and applying Zhejiang Zanyu stock market strength indicators, traders can identify Zhejiang Zanyu Technology entry and exit signals to maximize returns
Zhejiang Zanyu Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Zanyu's price direction in advance. Along with the technical and fundamental analysis of Zhejiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhejiang 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 | 0.1085 | |||
| Jensen Alpha | 0.381 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1248 | |||
| Treynor Ratio | 2.57 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Zanyu's price analysis, check to measure Zhejiang Zanyu'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 Zhejiang Zanyu is operating at the current time. Most of Zhejiang Zanyu's value examination focuses on studying past and present price action to predict the probability of Zhejiang Zanyu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Zanyu's price. Additionally, you may evaluate how the addition of Zhejiang Zanyu to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |