HaiXin Foods (China) Price on October 15, 2024
| 002702 Stock | 4.31 0.14 3.36% |
Below is the normalized historical share price chart for HaiXin Foods Co extending back to October 11, 2012. 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 HaiXin Foods stands at 4.31, as last reported on the 27th of November, with the highest price reaching 4.38 and the lowest price hitting 4.17 during the day.
If you're considering investing in HaiXin Stock, it is important to understand the factors that can impact its price. HaiXin Foods appears to be relatively risky, given 3 months investment horizon. HaiXin Foods holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. By evaluating HaiXin Foods' technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize HaiXin Foods' Risk Adjusted Performance of 0.0919, downside deviation of 2.88, and Market Risk Adjusted Performance of 1.01 to validate if our risk estimates are consistent with your expectations.
As of November 27, 2024, Total Stockholder Equity is expected to decline to about 770.1 M. In addition to that, Common Stock is expected to decline to about 314.6 M. HaiXin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.8752 | 50 Day MA 3.6814 | Beta 0.654 |
HaiXin |
Sharpe Ratio = 0.182
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002702 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.44 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average HaiXin Foods is performing at about 14% 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 HaiXin Foods by adding it to a well-diversified portfolio.
Price Book 2.1306 | Enterprise Value Ebitda 30.8217 | Price Sales 1.3866 | Shares Float 335.1 M | Dividend Share 0.04 |
HaiXin Foods Valuation on October 15, 2024
It is possible to determine the worth of HaiXin Foods on a given historical date. On October 15, 2024 HaiXin was worth 3.54 at the beginning of the trading date compared to the closed value of 3.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HaiXin Foods stock. Still, in general, we apply an absolute valuation method to find HaiXin Foods' 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 HaiXin Foods where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HaiXin Foods' related companies.
| Open | High | Low | Close | Volume | |
| 3.46 | 3.56 | 3.43 | 3.56 | 13,316,952 | |
10/15/2024 | 3.54 | 3.58 | 3.47 | 3.47 | 13,468,798 |
| 3.44 | 3.50 | 3.41 | 3.47 | 9,361,057 |
| Backtest HaiXin Foods | | | HaiXin Foods History | | | HaiXin Foods Valuation | Previous | Next |
HaiXin Foods Trading Date Momentum on October 15, 2024
| On October 16 2024 HaiXin Foods Co was traded for 3.47 at the closing time. The highest price during the trading period was 3.50 and the lowest recorded bid was listed for 3.41 . The volume for the day was 9.4 M. This history from October 16, 2024 did not cause price change. The trading delta at closing time to the current price is 4.32% . |
HaiXin Foods Fundamentals Correlations and Trends
By evaluating HaiXin Foods' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among HaiXin Foods' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HaiXin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HaiXin Foods Stock history
HaiXin Foods 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 HaiXin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HaiXin Foods 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 HaiXin Foods stock prices may prove useful in developing a viable investing in HaiXin Foods
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 555.8 M | 544.7 M | |
| Net Income Applicable To Common Shares | 56.9 M | 59.7 M |
HaiXin Foods Quarterly Net Working Capital |
|
HaiXin Foods Stock Technical Analysis
HaiXin Foods 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
HaiXin Foods Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
HaiXin Foods 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.
HaiXin Foods November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how HaiXin Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HaiXin Foods shares will generate the highest return on investment. By undertsting and applying HaiXin Foods stock market strength indicators, traders can identify HaiXin Foods Co entry and exit signals to maximize returns
HaiXin Foods Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HaiXin Foods' price direction in advance. Along with the technical and fundamental analysis of HaiXin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HaiXin 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 | 0.0919 | |||
| Jensen Alpha | 0.3104 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0813 | |||
| Treynor Ratio | 0.995 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for HaiXin Stock analysis
When running HaiXin Foods' price analysis, check to measure HaiXin Foods' 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 HaiXin Foods is operating at the current time. Most of HaiXin Foods' value examination focuses on studying past and present price action to predict the probability of HaiXin Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HaiXin Foods' price. Additionally, you may evaluate how the addition of HaiXin Foods to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| CEOs Directory Screen CEOs from public companies around the world | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |