Risuntek (China) Price on September 6, 2024
| 002981 Stock | 25.02 0.12 0.48% |
Below is the normalized historical share price chart for Risuntek extending back to April 17, 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 Risuntek stands at 25.02, as last reported on the 2nd of December, with the highest price reaching 25.33 and the lowest price hitting 24.29 during the day.
If you're considering investing in Risuntek Stock, it is important to understand the factors that can impact its price. Risuntek appears to be not too volatile, given 3 months investment horizon. Risuntek maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Risuntek, which you can use to evaluate the volatility of the company. Please evaluate Risuntek's Semi Deviation of 3.59, risk adjusted performance of 0.1123, and Coefficient Of Variation of 734.55 to confirm if our risk estimates are consistent with your expectations.
As of December 2, 2024, Total Stockholder Equity is expected to decline to about 645.6 M. The current year's Other Stockholder Equity is expected to grow to about (4.9 M). Risuntek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 22.5266 | 50 Day MA 22.3496 | Beta 0.138 |
Risuntek |
Sharpe Ratio = 0.1098
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002981 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.24 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Risuntek is performing at about 8% 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 Risuntek by adding it to a well-diversified portfolio.
Price Book 3.4047 | Enterprise Value Ebitda 24.4553 | Price Sales 2.2102 | Shares Float 27.5 M | Dividend Share 0.264 |
Risuntek Valuation on September 6, 2024
It is possible to determine the worth of Risuntek on a given historical date. On September 6, 2024 Risuntek was worth 19.71 at the beginning of the trading date compared to the closed value of 18.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Risuntek stock. Still, in general, we apply an absolute valuation method to find Risuntek'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 Risuntek where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Risuntek's related companies.
| Open | High | Low | Close | Volume | |
| 19.29 | 19.66 | 19.10 | 19.62 | 4,104,180 | |
09/06/2024 | 19.71 | 19.76 | 18.92 | 18.95 | 4,355,800 |
| 18.66 | 18.99 | 18.52 | 18.75 | 2,933,700 |
| Backtest Risuntek | | | Risuntek History | | | Risuntek Valuation | Previous | Next |
Risuntek Trading Date Momentum on September 6, 2024
| On September 09 2024 Risuntek was traded for 18.75 at the closing time. The highest price during the trading period was 18.99 and the lowest recorded bid was listed for 18.52 . The volume for the day was 2.9 M. This history from September 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.06% . The trading delta at closing time to the current price is 2.37% . |
Risuntek Fundamentals Correlations and Trends
By evaluating Risuntek'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 Risuntek's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Risuntek financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Risuntek Stock history
Risuntek 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 Risuntek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Risuntek 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 Risuntek stock prices may prove useful in developing a viable investing in Risuntek
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 134.4 M | 100.3 M | |
| Net Income Applicable To Common Shares | 52.3 M | 38.8 M |
Risuntek Quarterly Net Working Capital |
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Risuntek Stock Technical Analysis
Risuntek 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
Risuntek Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Risuntek 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.
Risuntek December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Risuntek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Risuntek shares will generate the highest return on investment. By undertsting and applying Risuntek stock market strength indicators, traders can identify Risuntek entry and exit signals to maximize returns
Risuntek Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Risuntek's price direction in advance. Along with the technical and fundamental analysis of Risuntek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Risuntek 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 | 0.1123 | |||
| Jensen Alpha | 0.6181 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.1161 | |||
| Treynor Ratio | (2.09) |
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Risuntek Stock analysis
When running Risuntek's price analysis, check to measure Risuntek'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 Risuntek is operating at the current time. Most of Risuntek's value examination focuses on studying past and present price action to predict the probability of Risuntek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Risuntek's price. Additionally, you may evaluate how the addition of Risuntek to your portfolios can decrease your overall portfolio volatility.
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