Suzhou Cheersson (China) Price on December 5, 2024

002976 Stock   25.49  0.03  0.12%   
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 25.49, as last reported on the 12th of December 2024, with the highest price reaching 25.64 and the lowest price hitting 25.10 during the day.
200 Day MA
23.0974
50 Day MA
23.6934
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 appears to be not too volatile, given 3 months investment horizon. Suzhou Cheersson Pre owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Suzhou Cheersson's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please review Suzhou Cheersson's Risk Adjusted Performance of 0.0765, semi deviation of 3.11, and Coefficient Of Variation of 1054.74 to confirm if our risk estimates are consistent with your expectations.
  
The current year's Liabilities And Stockholders Equity is expected to grow to about 2.2 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 = 0.1474

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Estimated Market Risk

 3.83
  actual daily
34
66% of assets are more volatile

Expected Return

 0.57
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Suzhou Cheersson is performing at about 11% 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 Suzhou Cheersson by adding it to a well-diversified portfolio.
Price Book
3.825
Enterprise Value Ebitda
34.7864
Price Sales
1.9255
Shares Float
40.3 M
Dividend Share
0.15

Suzhou Cheersson Valuation on December 5, 2024

It is possible to determine the worth of Suzhou Cheersson on a given historical date. On December 5, 2024 Suzhou was worth 24.33 at the beginning of the trading date compared to the closed value of 25.05. 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
  25.37    25.40    24.45    24.55    3,314,033  
12/05/2024
  24.33    25.24    24.20    25.05    3,143,693  
  25.01    25.08    24.64    24.81    2,740,800  
Backtest Suzhou Cheersson  |  Suzhou Cheersson History  |  Suzhou Cheersson Valuation   PreviousNext  
Open Value
24.33
25.05
Closing Value
35.83
Upside

Suzhou Cheersson Trading Date Momentum on December 5, 2024

On December 06 2024 Suzhou Cheersson Precision was traded for  24.81  at the closing time. The highest price during the trading period was 25.08  and the lowest recorded bid was listed for  24.64 . The volume for the day was 2.7 M. This history from December 6, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.96% . The trading price change to the current price is 1.68% .

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 Outstanding120.2 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
December 12, 2024
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High

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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 December 12, 2024 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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