Tongyu Communication (China) Price on April 26, 2024
| 002792 Stock | 16.38 0.03 0.18% |
Below is the normalized historical share price chart for Tongyu Communication extending back to March 28, 2016. 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 Tongyu Communication stands at 16.38, as last reported on the 11th of December 2024, with the highest price reaching 16.56 and the lowest price hitting 16.15 during the day.
If you're considering investing in Tongyu Stock, it is important to understand the factors that can impact its price. Tongyu Communication appears to be somewhat reliable, given 3 months investment horizon. Tongyu Communication owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. By inspecting Tongyu Communication's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please review Tongyu Communication's Coefficient Of Variation of 554.05, risk adjusted performance of 0.1386, and Semi Deviation of 3.1 to confirm if our risk estimates are consistent with your expectations.
At present, Tongyu Communication's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 10.5 M, whereas Total Stockholder Equity is forecasted to decline to about 1.6 B. . Tongyu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 11.9419 | 50 Day MA 14.496 | Beta 0.205 |
Tongyu |
Sharpe Ratio = 0.2037
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Estimated Market Risk
| 4.12 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Tongyu Communication 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 Tongyu Communication by adding it to a well-diversified portfolio.
Price Book 3.0733 | Enterprise Value Ebitda 56.0508 | Price Sales 7.1346 | Shares Float 314.4 M | Dividend Share 0.154 |
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Tongyu Communication Valuation on April 26, 2024
It is possible to determine the worth of Tongyu Communication on a given historical date. On April 26, 2024 Tongyu was worth 10.74 at the beginning of the trading date compared to the closed value of 11.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tongyu Communication stock. Still, in general, we apply an absolute valuation method to find Tongyu Communication'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 Tongyu Communication where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tongyu Communication's related companies.
| Open | High | Low | Close | Volume | |
| 10.91 | 11.07 | 10.83 | 10.85 | 12,135,773 | |
04/26/2024 | 10.74 | 11.44 | 10.74 | 11.31 | 20,571,729 |
| 11.48 | 11.56 | 11.38 | 11.53 | 15,451,374 |
| Backtest Tongyu Communication | | | Tongyu Communication History | | | Tongyu Communication Valuation | Previous | Next |
Tongyu Communication Trading Date Momentum on April 26, 2024
| On April 29 2024 Tongyu Communication was traded for 11.53 at the closing time. The highest price during the trading period was 11.56 and the lowest recorded bid was listed for 11.38 . The volume for the day was 15.5 M. This history from April 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.95% . The trading price change to the current price is 1.59% . |
Tongyu Communication Fundamentals Correlations and Trends
By evaluating Tongyu Communication'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 Tongyu Communication's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tongyu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tongyu Communication Stock history
Tongyu Communication 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 Tongyu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tongyu Communication 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 Tongyu Communication stock prices may prove useful in developing a viable investing in Tongyu Communication
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 522.7 M | 421 M | |
| Net Income Applicable To Common Shares | 73.4 M | 83 M |
Tongyu Communication Quarterly Net Working Capital |
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Tongyu Communication Stock Technical Analysis
Tongyu Communication 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
Tongyu Communication Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Tongyu Communication 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.
Tongyu Communication December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Tongyu Communication stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tongyu Communication shares will generate the highest return on investment. By undertsting and applying Tongyu Communication stock market strength indicators, traders can identify Tongyu Communication entry and exit signals to maximize returns
Tongyu Communication Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tongyu Communication's price direction in advance. Along with the technical and fundamental analysis of Tongyu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tongyu 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 | 0.1386 | |||
| Jensen Alpha | 0.7324 | |||
| Total Risk Alpha | 0.0785 | |||
| Sortino Ratio | 0.171 | |||
| Treynor Ratio | (4.37) |
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Complementary Tools for Tongyu Stock analysis
When running Tongyu Communication's price analysis, check to measure Tongyu Communication'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 Tongyu Communication is operating at the current time. Most of Tongyu Communication's value examination focuses on studying past and present price action to predict the probability of Tongyu Communication's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tongyu Communication's price. Additionally, you may evaluate how the addition of Tongyu Communication to your portfolios can decrease your overall portfolio volatility.
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