Dongguan Chitwing (China) Price on August 31, 2023
| 002855 Stock | 23.10 0.04 0.17% |
Below is the normalized historical share price chart for Dongguan Chitwing Technology extending back to March 21, 2017. 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 Dongguan Chitwing stands at 23.10, as last reported on the 29th of November, with the highest price reaching 23.30 and the lowest price hitting 22.51 during the day.
If you're considering investing in Dongguan Stock, it is important to understand the factors that can impact its price. Dongguan Chitwing appears to be not too volatile, given 3 months investment horizon. Dongguan Chitwing secures Sharpe Ratio (or Efficiency) of 0.0866, which denotes the company had a 0.0866% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dongguan Chitwing Technology, which you can use to evaluate the volatility of the firm. Please utilize Dongguan Chitwing's Downside Deviation of 3.95, coefficient of variation of 895.7, and Mean Deviation of 3.64 to check if our risk estimates are consistent with your expectations.
The current year's Common Stock Shares Outstanding is expected to grow to about 271.9 M, whereas Other Stockholder Equity is forecasted to decline to about 3.4 M. . Dongguan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 22.8525 | 50 Day MA 22.979 | Beta 0.164 |
Dongguan |
Sharpe Ratio = 0.0866
| Best Portfolio | Best Equity | |||
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| Small Returns | 002855 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.72 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Dongguan Chitwing is performing at about 6% 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 Dongguan Chitwing by adding it to a well-diversified portfolio.
Price Book 7.7831 | Book Value 2.963 | Enterprise Value 6.1 B | Enterprise Value Ebitda (8.84) | Price Sales 4.1487 |
Dongguan Chitwing Valuation on August 31, 2023
It is possible to determine the worth of Dongguan Chitwing on a given historical date. On August 31, 2023 Dongguan was worth 12.1 at the beginning of the trading date compared to the closed value of 12.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dongguan Chitwing stock. Still, in general, we apply an absolute valuation method to find Dongguan Chitwing'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 Dongguan Chitwing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dongguan Chitwing's related companies.
| Open | High | Low | Close | Volume | |
| 11.00 | 11.00 | 11.00 | 11.00 | 2,465,208 | |
08/31/2023 | 12.10 | 12.10 | 12.10 | 12.10 | 3,601,600 |
| 12.99 | 13.31 | 12.94 | 13.31 | 16,621,609 |
| Backtest Dongguan Chitwing | | | Dongguan Chitwing History | | | Dongguan Chitwing Valuation | Previous | Next |
Dongguan Chitwing Trading Date Momentum on August 31, 2023
| On September 01 2023 Dongguan Chitwing Technology was traded for 13.31 at the closing time. The highest price during the trading period was 13.31 and the lowest recorded bid was listed for 12.94 . The volume for the day was 16.6 M. This history from September 1, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 10.00% . The overall trading delta to the current price is 85.95% . |
Dongguan Chitwing Fundamentals Correlations and Trends
By evaluating Dongguan Chitwing'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 Dongguan Chitwing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dongguan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dongguan Chitwing Stock history
Dongguan Chitwing 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 Dongguan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dongguan Chitwing 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 Dongguan Chitwing stock prices may prove useful in developing a viable investing in Dongguan Chitwing
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 246.4 M | 271.9 M | |
| Net Loss | -113 M | -107.4 M |
Dongguan Chitwing Stock Technical Analysis
Dongguan Chitwing 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
Dongguan Chitwing Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Dongguan Chitwing 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.
Dongguan Chitwing November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Dongguan Chitwing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dongguan Chitwing shares will generate the highest return on investment. By undertsting and applying Dongguan Chitwing stock market strength indicators, traders can identify Dongguan Chitwing Technology entry and exit signals to maximize returns
Dongguan Chitwing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dongguan Chitwing's price direction in advance. Along with the technical and fundamental analysis of Dongguan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dongguan 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 | 0.0939 | |||
| Jensen Alpha | 0.4724 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.1003 | |||
| Treynor Ratio | 1.52 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Dongguan Stock analysis
When running Dongguan Chitwing's price analysis, check to measure Dongguan Chitwing'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 Dongguan Chitwing is operating at the current time. Most of Dongguan Chitwing's value examination focuses on studying past and present price action to predict the probability of Dongguan Chitwing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dongguan Chitwing's price. Additionally, you may evaluate how the addition of Dongguan Chitwing to your portfolios can decrease your overall portfolio volatility.
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