Zhonghang Electronic (China) Price on November 6, 2024
| 300114 Stock | 68.06 3.06 4.71% |
Below is the normalized historical share price chart for Zhonghang Electronic Measuring extending back to August 27, 2010. 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 Zhonghang Electronic stands at 68.06, as last reported on the 10th of January, with the highest price reaching 69.60 and the lowest price hitting 64.03 during the day.
If you're considering investing in Zhonghang Stock, it is important to understand the factors that can impact its price. At this point, Zhonghang Electronic is very steady. Zhonghang Electronic shows Sharpe Ratio of 0.0104, which attests that the company had a 0.0104% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zhonghang Electronic, which you can use to evaluate the volatility of the company. Please check out Zhonghang Electronic's Downside Deviation of 4.94, market risk adjusted performance of (0.51), and Mean Deviation of 3.81 to validate if the risk estimate we provide is consistent with the expected return of 0.0417%.
At present, Zhonghang Electronic's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 713.3 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 472.6 M. . Zhonghang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of August 2010 | 200 Day MA 52.4562 | 50 Day MA 72.6504 | Beta (0.99) |
Zhonghang |
Sharpe Ratio = 0.0104
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 300114 |
Estimated Market Risk
| 4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zhonghang Electronic 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 Zhonghang Electronic by adding Zhonghang Electronic to a well-diversified portfolio.
Price Book 15.4104 | Enterprise Value Ebitda 364.5008 | Price Sales 23.4511 | Shares Float 279 M | Wall Street Target Price 41.67 |
Zhonghang Electronic Valuation on November 6, 2024
It is possible to determine the worth of Zhonghang Electronic on a given historical date. On November 6, 2024 Zhonghang was worth 95.27 at the beginning of the trading date compared to the closed value of 87.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhonghang Electronic stock. Still, in general, we apply an absolute valuation method to find Zhonghang Electronic'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 Zhonghang Electronic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhonghang Electronic's related companies.
| Open | High | Low | Close | Volume | |
| 88.88 | 94.00 | 86.00 | 93.21 | 59,879,698 | |
11/06/2024 | 95.27 | 96.90 | 86.89 | 87.01 | 59,665,653 |
| 84.60 | 84.76 | 79.28 | 82.58 | 49,291,288 |
| Backtest Zhonghang Electronic | | | Zhonghang Electronic History | | | Zhonghang Electronic Valuation | Previous | Next |
Zhonghang Electronic Trading Date Momentum on November 6, 2024
| On November 07 2024 Zhonghang Electronic Measuring was traded for 82.58 at the closing time. The highest price during the trading period was 84.76 and the lowest recorded bid was listed for 79.28 . The volume for the day was 49.3 M. This history from November 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.09% . The trading date delta to the current price is 16.79% . |
Zhonghang Electronic Fundamentals Correlations and Trends
By evaluating Zhonghang Electronic'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 Zhonghang Electronic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhonghang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhonghang Electronic Stock history
Zhonghang Electronic 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 Zhonghang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhonghang Electronic 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 Zhonghang Electronic stock prices may prove useful in developing a viable investing in Zhonghang Electronic
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 531.7 M | 472.6 M | |
| Net Income Applicable To Common Shares | 221.8 M | 126.7 M |
Zhonghang Electronic Quarterly Net Working Capital |
|
Zhonghang Electronic Stock Technical Analysis
Zhonghang Electronic 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
Zhonghang Electronic Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Zhonghang Electronic Measuring 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.
Zhonghang Electronic January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Zhonghang Electronic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhonghang Electronic shares will generate the highest return on investment. By undertsting and applying Zhonghang Electronic stock market strength indicators, traders can identify Zhonghang Electronic Measuring entry and exit signals to maximize returns
Zhonghang Electronic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhonghang Electronic's price direction in advance. Along with the technical and fundamental analysis of Zhonghang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhonghang 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 | 0.0359 | |||
| Jensen Alpha | 0.1821 | |||
| Total Risk Alpha | 0.0569 | |||
| Sortino Ratio | 0.0321 | |||
| Treynor Ratio | (0.52) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhonghang Stock analysis
When running Zhonghang Electronic's price analysis, check to measure Zhonghang Electronic'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 Zhonghang Electronic is operating at the current time. Most of Zhonghang Electronic's value examination focuses on studying past and present price action to predict the probability of Zhonghang Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhonghang Electronic's price. Additionally, you may evaluate how the addition of Zhonghang Electronic to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |