Henzhen Zhaowei (China) Price on March 22, 2024
| 003021 Stock | 74.10 6.74 10.01% |
If you're considering investing in Henzhen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Henzhen Zhaowei stands at 74.10, as last reported on the 29th of November, with the highest price reaching 74.10 and the lowest price hitting 69.01 during the day. Henzhen Zhaowei is very steady given 3 months investment horizon. Henzhen Zhaowei Machinery holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.2% are justified by taking the suggested risk. Use Henzhen Zhaowei Machinery Downside Deviation of 3.67, market risk adjusted performance of 11.25, and Risk Adjusted Performance of 0.1469 to evaluate company specific risk that cannot be diversified away.
At present, Henzhen Zhaowei's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 2.4 B, whereas Total Stockholder Equity is forecasted to decline to about 1.8 B. . Henzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Henzhen |
Sharpe Ratio = 0.2422
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Estimated Market Risk
| 4.96 actual daily | 44 56% of assets are more volatile |
Expected Return
| 1.2 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Henzhen Zhaowei is performing at about 19% 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 Henzhen Zhaowei by adding it to a well-diversified portfolio.
Price Book 5.1936 | Enterprise Value Ebitda 66.9544 | Price Sales 11.1592 | Shares Float 75.1 M | Dividend Share 0.393 |
Henzhen Zhaowei Valuation on March 22, 2024
It is possible to determine the worth of Henzhen Zhaowei on a given historical date. On March 22, 2024 Henzhen was worth 48.47 at the beginning of the trading date compared to the closed value of 47.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Henzhen Zhaowei stock. Still, in general, we apply an absolute valuation method to find Henzhen Zhaowei'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 Henzhen Zhaowei where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Henzhen Zhaowei's related companies.
| Open | High | Low | Close | Volume | |
| 49.53 | 49.72 | 48.52 | 48.79 | 3,813,557 | |
03/22/2024 | 48.47 | 49.05 | 47.34 | 47.85 | 4,764,848 |
| 47.17 | 48.16 | 45.36 | 45.44 | 5,357,376 |
| Backtest Henzhen Zhaowei | | | Henzhen Zhaowei History | | | Henzhen Zhaowei Valuation | Previous | Next |
Henzhen Zhaowei Trading Date Momentum on March 22, 2024
| On March 25 2024 Henzhen Zhaowei Machinery was traded for 45.44 at the closing time. The highest price during the trading period was 48.16 and the lowest recorded bid was listed for 45.36 . The volume for the day was 5.4 M. This history from March 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.04% . The trading delta at closing time to the current price is 6.29% . |
Henzhen Zhaowei Machinery Fundamentals Correlations and Trends
By evaluating Henzhen Zhaowei'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 Henzhen Zhaowei's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Henzhen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Henzhen Zhaowei Stock history
Henzhen Zhaowei 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 Henzhen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Henzhen Zhaowei Machinery 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 Henzhen Zhaowei stock prices may prove useful in developing a viable investing in Henzhen Zhaowei
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 239.4 M | 158.6 M | |
| Net Income Applicable To Common Shares | 135.4 M | 180 M |
Henzhen Zhaowei Quarterly Net Working Capital |
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Henzhen Zhaowei Stock Technical Analysis
Henzhen Zhaowei 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
Henzhen Zhaowei Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Henzhen Zhaowei Machinery 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.
Henzhen Zhaowei November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Henzhen Zhaowei stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Henzhen Zhaowei shares will generate the highest return on investment. By undertsting and applying Henzhen Zhaowei stock market strength indicators, traders can identify Henzhen Zhaowei Machinery entry and exit signals to maximize returns
Henzhen Zhaowei Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Henzhen Zhaowei's price direction in advance. Along with the technical and fundamental analysis of Henzhen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Henzhen 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 | 0.1469 | |||
| Jensen Alpha | 0.84 | |||
| Total Risk Alpha | 0.1333 | |||
| Sortino Ratio | 0.1997 | |||
| Treynor Ratio | 11.24 |
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| Volume Indicators |
Complementary Tools for Henzhen Stock analysis
When running Henzhen Zhaowei's price analysis, check to measure Henzhen Zhaowei'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 Henzhen Zhaowei is operating at the current time. Most of Henzhen Zhaowei's value examination focuses on studying past and present price action to predict the probability of Henzhen Zhaowei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Henzhen Zhaowei's price. Additionally, you may evaluate how the addition of Henzhen Zhaowei to your portfolios can decrease your overall portfolio volatility.
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