Guangdong Sanhe (China) Price on June 6, 2024
| 003037 Stock | 7.35 0.20 2.80% |
If you're considering investing in Guangdong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Guangdong Sanhe stands at 7.35, as last reported on the 11th of December 2024, with the highest price reaching 7.59 and the lowest price hitting 6.97 during the day. Guangdong Sanhe appears to be slightly risky, given 3 months investment horizon. Guangdong Sanhe Pile holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of standard deviation over the last 3 months. By evaluating Guangdong Sanhe's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please utilize Guangdong Sanhe's risk adjusted performance of 0.1536, and Market Risk Adjusted Performance of (0.95) to validate if our risk estimates are consistent with your expectations.
As of December 11, 2024, Total Stockholder Equity is expected to decline to about 1.5 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 502.7 M. Guangdong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Guangdong |
Sharpe Ratio = 0.2326
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 003037 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.08 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Guangdong Sanhe is performing at about 18% 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 Guangdong Sanhe by adding it to a well-diversified portfolio.
Price Book 1.5577 | Enterprise Value Ebitda 38.5222 | Price Sales 0.7354 | Shares Float 183.5 M | Dividend Share 0.05 |
Guangdong Sanhe Valuation on June 6, 2024
It is possible to determine the worth of Guangdong Sanhe on a given historical date. On June 6, 2024 Guangdong was worth 6.04 at the beginning of the trading date compared to the closed value of 5.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guangdong Sanhe stock. Still, in general, we apply an absolute valuation method to find Guangdong Sanhe'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 Guangdong Sanhe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guangdong Sanhe's related companies.
| Open | High | Low | Close | Volume | |
| 6.10 | 6.14 | 6.02 | 6.02 | 3,873,307 | |
06/06/2024 | 6.04 | 6.08 | 5.48 | 5.59 | 12,293,970 |
| 5.64 | 6.00 | 5.64 | 5.96 | 9,585,600 |
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Guangdong Sanhe Trading Date Momentum on June 6, 2024
| On June 07 2024 Guangdong Sanhe Pile was traded for 5.96 at the closing time. The highest price during the trading period was 6.00 and the lowest recorded bid was listed for 5.64 . The volume for the day was 9.6 M. This history from June 7, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 6.62% . The overall trading delta to the current price is 4.11% . |
Guangdong Sanhe Pile Fundamentals Correlations and Trends
By evaluating Guangdong Sanhe'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 Guangdong Sanhe's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guangdong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guangdong Sanhe Stock history
Guangdong Sanhe 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 Guangdong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guangdong Sanhe Pile 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 Guangdong Sanhe stock prices may prove useful in developing a viable investing in Guangdong Sanhe
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 599.1 M | 502.7 M | |
| Net Income Applicable To Common Shares | 70.5 M | 66.9 M |
Guangdong Sanhe Stock Technical Analysis
Guangdong Sanhe 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
Guangdong Sanhe Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Guangdong Sanhe Pile 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.
Guangdong Sanhe December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Guangdong Sanhe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guangdong Sanhe shares will generate the highest return on investment. By undertsting and applying Guangdong Sanhe stock market strength indicators, traders can identify Guangdong Sanhe Pile entry and exit signals to maximize returns
Guangdong Sanhe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guangdong Sanhe's price direction in advance. Along with the technical and fundamental analysis of Guangdong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guangdong 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 | 0.1536 | |||
| Jensen Alpha | 0.6517 | |||
| Total Risk Alpha | 0.1182 | |||
| Sortino Ratio | 0.1608 | |||
| Treynor Ratio | (0.96) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Guangdong Stock analysis
When running Guangdong Sanhe's price analysis, check to measure Guangdong Sanhe'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 Guangdong Sanhe is operating at the current time. Most of Guangdong Sanhe's value examination focuses on studying past and present price action to predict the probability of Guangdong Sanhe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guangdong Sanhe's price. Additionally, you may evaluate how the addition of Guangdong Sanhe to your portfolios can decrease your overall portfolio volatility.
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