Hangzhou Weiguang (China) Price on October 8, 2024
| 002801 Stock | 24.36 0.86 3.66% |
Below is the normalized historical share price chart for Hangzhou Weiguang Electronic extending back to June 22, 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 Hangzhou Weiguang stands at 24.36, as last reported on the 30th of November, with the highest price reaching 24.69 and the lowest price hitting 23.45 during the day.
If you're considering investing in Hangzhou Stock, it is important to understand the factors that can impact its price. Hangzhou Weiguang appears to be not too volatile, given 3 months investment horizon. Hangzhou Weiguang holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. By evaluating Hangzhou Weiguang's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize Hangzhou Weiguang's Downside Deviation of 2.71, market risk adjusted performance of (4.83), and Risk Adjusted Performance of 0.155 to validate if our risk estimates are consistent with your expectations.
The current year's Common Stock is expected to grow to about 277.3 M, whereas Total Stockholder Equity is forecasted to decline to about 936.6 M. . Hangzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 20.3353 | 50 Day MA 21.3076 | Beta 0.523 |
Hangzhou |
Sharpe Ratio = 0.2011
| Best Portfolio | Best Equity | |||
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| Small Returns | 002801 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Hangzhou Weiguang is performing at about 15% 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 Hangzhou Weiguang by adding it to a well-diversified portfolio.
Price Book 3.3524 | Enterprise Value Ebitda 34.9241 | Price Sales 4.1982 | Shares Float 57.3 M | Dividend Share 0.3 |
Hangzhou Weiguang Valuation on October 8, 2024
It is possible to determine the worth of Hangzhou Weiguang on a given historical date. On October 8, 2024 Hangzhou was worth 23.5 at the beginning of the trading date compared to the closed value of 22.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hangzhou Weiguang stock. Still, in general, we apply an absolute valuation method to find Hangzhou Weiguang'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 Hangzhou Weiguang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hangzhou Weiguang's related companies.
| Open | High | Low | Close | Volume | |
| 20.60 | 21.62 | 20.05 | 21.45 | 4,954,656 | |
10/08/2024 | 23.50 | 23.58 | 21.43 | 22.55 | 5,726,925 |
| 22.21 | 22.21 | 20.82 | 20.82 | 3,111,940 |
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Hangzhou Weiguang Trading Date Momentum on October 8, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Hangzhou Weiguang Fundamentals Correlations and Trends
By evaluating Hangzhou Weiguang'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 Hangzhou Weiguang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hangzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hangzhou Weiguang Stock history
Hangzhou Weiguang 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 Hangzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hangzhou Weiguang 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 Hangzhou Weiguang stock prices may prove useful in developing a viable investing in Hangzhou Weiguang
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 206.7 M | 183.8 M | |
| Net Income Applicable To Common Shares | 354.1 M | 179.9 M |
Hangzhou Weiguang Quarterly Net Working Capital |
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Hangzhou Weiguang Stock Technical Analysis
Hangzhou Weiguang 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
Hangzhou Weiguang Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Hangzhou Weiguang Electronic 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.
Hangzhou Weiguang November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Hangzhou Weiguang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hangzhou Weiguang shares will generate the highest return on investment. By undertsting and applying Hangzhou Weiguang stock market strength indicators, traders can identify Hangzhou Weiguang Electronic entry and exit signals to maximize returns
Hangzhou Weiguang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hangzhou Weiguang's price direction in advance. Along with the technical and fundamental analysis of Hangzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hangzhou 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 | 0.155 | |||
| Jensen Alpha | 0.5885 | |||
| Total Risk Alpha | 0.0689 | |||
| Sortino Ratio | 0.1643 | |||
| Treynor Ratio | (4.84) |
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| Volume Indicators |
Complementary Tools for Hangzhou Stock analysis
When running Hangzhou Weiguang's price analysis, check to measure Hangzhou Weiguang'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 Hangzhou Weiguang is operating at the current time. Most of Hangzhou Weiguang's value examination focuses on studying past and present price action to predict the probability of Hangzhou Weiguang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hangzhou Weiguang's price. Additionally, you may evaluate how the addition of Hangzhou Weiguang to your portfolios can decrease your overall portfolio volatility.
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