Dongguan Chitwing (China) Price on September 5, 2023

002855 Stock   22.64  0.10  0.44%   
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 22.64, as last reported on the 27th of February, with the highest price reaching 23.03 and the lowest price hitting 22.09 during the day.
200 Day MA
20.5732
50 Day MA
19.2494
Beta
0.124
 
Covid
If you're considering investing in Dongguan Stock, it is important to understand the factors that can impact its price. At this point, Dongguan Chitwing is not too volatile. Dongguan Chitwing secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Dongguan Chitwing Technology, which you can use to evaluate the volatility of the firm. Please confirm Dongguan Chitwing's Variance of 9.44, mean deviation of 2.36, and Standard Deviation of 3.07 to check if the risk estimate we provide is consistent with the expected return of 0.0054%.
  
The current year's Total Stockholder Equity is expected to grow to about 894.8 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.

Sharpe Ratio = 0.0019

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Estimated Market Risk

 2.89
  actual daily
25
75% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Dongguan Chitwing is not performing at its full potential. However, 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 Dongguan Chitwing to a well-diversified portfolio.
Price Book
7.6413
Book Value
2.963
Enterprise Value
B
Enterprise Value Ebitda
(8.84)
Price Sales
3.8737

Related Headline

Beijing Shanghai Headline on 5th of September 2023

Cycle club grows in tandem with burgeoning marketchina.org.cn China.org

Dongguan Chitwing Valuation on September 5, 2023

It is possible to determine the worth of Dongguan Chitwing on a given historical date. On September 5, 2023 Dongguan was worth 16.1 at the beginning of the trading date compared to the closed value of 16.1. 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
  14.64    14.64    14.00    14.64    16,694,570  
09/05/2023
  16.10    16.10    16.10    16.10    2,777,267  
  17.20    17.71    17.07    17.71    13,713,600  
Backtest Dongguan Chitwing  |  Dongguan Chitwing History  |  Dongguan Chitwing Valuation   PreviousNext  
Open Value
16.1
16.1
Closing Value
24.77
Upside

Dongguan Chitwing Trading Date Momentum on September 5, 2023

On September 06 2023 Dongguan Chitwing Technology was traded for  17.71  at the closing time. The highest price during the trading period was 17.71  and the lowest recorded bid was listed for  17.07 . The volume for the day was 13.7 M. This history from September 6, 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 63.35% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding283.4 M271.9 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.
A focus of Dongguan Chitwing technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dongguan Chitwing trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Dongguan Chitwing Period Price Range

Low
February 27, 2025
0.00  NaN%
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 February 27, 2025 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.

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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