Sungrow Power (China) Price on November 15, 2024
| 300274 Stock | 81.28 0.96 1.20% |
Below is the normalized historical share price chart for Sungrow Power Supply extending back to November 02, 2011. 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 Sungrow Power stands at 81.28, as last reported on the 2nd of December, with the highest price reaching 82.12 and the lowest price hitting 79.56 during the day.
If you're considering investing in Sungrow Stock, it is important to understand the factors that can impact its price. Sungrow Power appears to be very steady, given 3 months investment horizon. Sungrow Power Supply owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0471, which indicates the firm had a 0.0471% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sungrow Power Supply, which you can use to evaluate the volatility of the company. Please review Sungrow Power's Risk Adjusted Performance of 0.074, semi deviation of 3.68, and Coefficient Of Variation of 1165.55 to confirm if our risk estimates are consistent with your expectations.
At present, Sungrow Power's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 1.6 B, whereas Common Stock is forecasted to decline to about 919.7 M. . Sungrow Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of November 2011 | 200 Day MA 74.413 | 50 Day MA 88.0188 | Beta 1.112 |
Sungrow |
Sharpe Ratio = 0.0471
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300274 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.12 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Sungrow Power is performing at about 3% 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 Sungrow Power by adding it to a well-diversified portfolio.
Price Book 4.9328 | Enterprise Value Ebitda 12.7881 | Price Sales 2.2384 | Shares Float 1.3 B | Dividend Share 0.689 |
Sungrow Power Valuation on November 15, 2024
It is possible to determine the worth of Sungrow Power on a given historical date. On November 15, 2024 Sungrow was worth 88.0 at the beginning of the trading date compared to the closed value of 85.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sungrow Power stock. Still, in general, we apply an absolute valuation method to find Sungrow Power'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 Sungrow Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sungrow Power's related companies.
| Open | High | Low | Close | Volume | |
| 90.30 | 92.80 | 89.00 | 89.29 | 65,646,287 | |
11/15/2024 | 88.00 | 89.38 | 85.74 | 85.74 | 44,520,302 |
| 85.03 | 85.48 | 80.60 | 81.18 | 53,182,729 |
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Sungrow Power Trading Date Momentum on November 15, 2024
| On November 18 2024 Sungrow Power Supply was traded for 81.18 at the closing time. The highest price during the trading period was 85.48 and the lowest recorded bid was listed for 80.60 . The volume for the day was 53.2 M. This history from November 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.32% . The trading price change to the current price is 6.33% . |
Sungrow Power Supply Fundamentals Correlations and Trends
By evaluating Sungrow Power'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 Sungrow Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sungrow financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sungrow Power Stock history
Sungrow Power 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 Sungrow is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sungrow Power Supply 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 Sungrow Power stock prices may prove useful in developing a viable investing in Sungrow Power
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.1 B | 1.7 B | |
| Net Income Applicable To Common Shares | 4.1 B | 4.3 B |
Sungrow Power Quarterly Net Working Capital |
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Sungrow Power Stock Technical Analysis
Sungrow Power 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
Sungrow Power Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Sungrow Power Supply 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.
Sungrow Power December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Sungrow Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sungrow Power shares will generate the highest return on investment. By undertsting and applying Sungrow Power stock market strength indicators, traders can identify Sungrow Power Supply entry and exit signals to maximize returns
Sungrow Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sungrow Power's price direction in advance. Along with the technical and fundamental analysis of Sungrow Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sungrow 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 | 0.074 | |||
| Jensen Alpha | 0.4812 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0702 | |||
| Treynor Ratio | (0.73) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sungrow Stock analysis
When running Sungrow Power's price analysis, check to measure Sungrow Power'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 Sungrow Power is operating at the current time. Most of Sungrow Power's value examination focuses on studying past and present price action to predict the probability of Sungrow Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sungrow Power's price. Additionally, you may evaluate how the addition of Sungrow Power to your portfolios can decrease your overall portfolio volatility.
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