Suzhou Cheersson (China) Price on November 4, 2024

002976 Stock   19.68  0.14  0.71%   
Below is the normalized historical share price chart for Suzhou Cheersson Precision extending back to March 06, 2020. 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 Suzhou Cheersson stands at 19.68, as last reported on the 6th of January, with the highest price reaching 20.01 and the lowest price hitting 18.80 during the day.
200 Day MA
23.1012
50 Day MA
23.9476
Beta
0.348
 
Covid
If you're considering investing in Suzhou Stock, it is important to understand the factors that can impact its price. Suzhou Cheersson Pre owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0993, which indicates the firm had a -0.0993% return per unit of risk over the last 3 months. Suzhou Cheersson Precision exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Suzhou Cheersson's Risk Adjusted Performance of (0.01), variance of 13.46, and Coefficient Of Variation of (4,209) to confirm the risk estimate we provide.
  
The current year's Liabilities And Stockholders Equity is expected to grow to about 2.6 B, whereas Total Stockholder Equity is forecasted to decline to about 541.8 M. . Suzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0993

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Estimated Market Risk

 3.48
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.35
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Suzhou Cheersson 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 Suzhou Cheersson by adding Suzhou Cheersson to a well-diversified portfolio.
Price Book
2.9739
Enterprise Value Ebitda
34.7864
Price Sales
1.491
Shares Float
40.3 M
Dividend Share
0.15

Suzhou Cheersson Valuation on November 4, 2024

It is possible to determine the worth of Suzhou Cheersson on a given historical date. On November 4, 2024 Suzhou was worth 21.35 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 Suzhou Cheersson stock. Still, in general, we apply an absolute valuation method to find Suzhou Cheersson'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 Suzhou Cheersson where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Suzhou Cheersson's related companies.
 Open High Low Close Volume
  22.20    22.25    21.25    21.28    2,378,054  
11/04/2024
  21.35    22.97    21.27    22.55    3,278,020  
  23.00    23.03    22.27    22.61    2,713,940  
Backtest Suzhou Cheersson  |  Suzhou Cheersson History  |  Suzhou Cheersson Valuation   PreviousNext  
Open Value
21.35
22.55
Closing Value
31.79
Upside

Suzhou Cheersson Trading Date Momentum on November 4, 2024

On November 05 2024 Suzhou Cheersson Precision was traded for  22.61  at the closing time. The highest price during the trading period was 23.03  and the lowest recorded bid was listed for  22.27 . The volume for the day was 2.7 M. This history from November 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.27% . The trading price change to the current price is 8.69% .

Suzhou Cheersson Pre Fundamentals Correlations and Trends

By evaluating Suzhou Cheersson'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 Suzhou Cheersson's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Suzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Suzhou Cheersson Stock history

Suzhou Cheersson 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 Suzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Suzhou Cheersson Pre 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 Suzhou Cheersson stock prices may prove useful in developing a viable investing in Suzhou Cheersson
Last ReportedProjected for Next Year
Common Stock Shares Outstanding138.2 M115.6 M
Net Income Applicable To Common Shares52.5 M67.8 M

Suzhou Cheersson Quarterly Net Working Capital

236.65 Million

Suzhou Cheersson Stock Technical Analysis

Suzhou Cheersson 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 Suzhou Cheersson technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Suzhou Cheersson 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

Suzhou Cheersson Period Price Range

Low
January 6, 2025
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High

 0.00 

     

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Suzhou Cheersson Precision 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.

Suzhou Cheersson January 6, 2025 Market Strength

Market strength indicators help investors to evaluate how Suzhou Cheersson stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Suzhou Cheersson shares will generate the highest return on investment. By undertsting and applying Suzhou Cheersson stock market strength indicators, traders can identify Suzhou Cheersson Precision entry and exit signals to maximize returns

Suzhou Cheersson Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Suzhou Cheersson's price direction in advance. Along with the technical and fundamental analysis of Suzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Suzhou 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 Suzhou Stock analysis

When running Suzhou Cheersson's price analysis, check to measure Suzhou Cheersson'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 Suzhou Cheersson is operating at the current time. Most of Suzhou Cheersson's value examination focuses on studying past and present price action to predict the probability of Suzhou Cheersson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suzhou Cheersson's price. Additionally, you may evaluate how the addition of Suzhou Cheersson to your portfolios can decrease your overall portfolio volatility.
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