Wenzhou Hongfeng (China) Price on December 12, 2024

300283 Stock   5.13  0.01  0.20%   
Below is the normalized historical share price chart for Wenzhou Hongfeng Electrical extending back to January 10, 2012. 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 Wenzhou Hongfeng stands at 5.13, as last reported on the 7th of January, with the highest price reaching 5.22 and the lowest price hitting 4.86 during the day.
IPO Date
10th of January 2012
200 Day MA
5.257
50 Day MA
6.2976
Beta
0.38
 
Yuan Drop
 
Covid
If you're considering investing in Wenzhou Stock, it is important to understand the factors that can impact its price. Wenzhou Hongfeng Ele shows Sharpe Ratio of -0.0466, which attests that the company had a -0.0466% return per unit of risk over the last 3 months. Wenzhou Hongfeng Ele exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wenzhou Hongfeng's Downside Deviation of 3.96, market risk adjusted performance of 0.6258, and Mean Deviation of 2.9 to validate the risk estimate we provide.
  
The current year's Liabilities And Stockholders Equity is expected to grow to about 3.4 B, whereas Total Stockholder Equity is forecasted to decline to about 584.8 M. . Wenzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0466

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns300283

Estimated Market Risk

 3.1
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Wenzhou Hongfeng 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 Wenzhou Hongfeng by adding Wenzhou Hongfeng to a well-diversified portfolio.
Price Book
2.4235
Enterprise Value Ebitda
208.5451
Price Sales
0.7717
Shares Float
239.4 M
Dividend Share
0.02

Wenzhou Hongfeng Valuation on December 12, 2024

It is possible to determine the worth of Wenzhou Hongfeng on a given historical date. On December 12, 2024 Wenzhou was worth 6.71 at the beginning of the trading date compared to the closed value of 6.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wenzhou Hongfeng stock. Still, in general, we apply an absolute valuation method to find Wenzhou Hongfeng'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 Wenzhou Hongfeng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wenzhou Hongfeng's related companies.
 Open High Low Close Volume
  6.68    6.77    6.63    6.74    9,675,948  
12/12/2024
  6.71    6.81    6.63    6.76    9,847,700  
  6.70    6.73    6.55    6.56    10,217,956  
Backtest Wenzhou Hongfeng  |  Wenzhou Hongfeng History  |  Wenzhou Hongfeng Valuation   PreviousNext  
Open Value
6.71
6.76
Closing Value
16.00
Upside

Wenzhou Hongfeng Trading Date Momentum on December 12, 2024

On December 13 2024 Wenzhou Hongfeng Electrical was traded for  6.56  at the closing time. The highest price during the trading period was 6.73  and the lowest recorded bid was listed for  6.55 . The volume for the day was 10.2 M. This history from December 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.96% . The trading price change to the current price is 8.73% .

Wenzhou Hongfeng Ele Fundamentals Correlations and Trends

By evaluating Wenzhou Hongfeng'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 Wenzhou Hongfeng's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wenzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Wenzhou Hongfeng Stock history

Wenzhou Hongfeng 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 Wenzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wenzhou Hongfeng Ele 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 Wenzhou Hongfeng stock prices may prove useful in developing a viable investing in Wenzhou Hongfeng
Last ReportedProjected for Next Year
Common Stock Shares Outstanding502.7 M423.4 M
Net Income Applicable To Common Shares69.4 M72.9 M

Wenzhou Hongfeng Stock Technical Analysis

Wenzhou Hongfeng 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.
A focus of Wenzhou Hongfeng technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wenzhou Hongfeng trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Wenzhou Hongfeng Period Price Range

Low
January 7, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Wenzhou Hongfeng Electrical 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.

Wenzhou Hongfeng January 7, 2025 Market Strength

Market strength indicators help investors to evaluate how Wenzhou Hongfeng stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wenzhou Hongfeng shares will generate the highest return on investment. By undertsting and applying Wenzhou Hongfeng stock market strength indicators, traders can identify Wenzhou Hongfeng Electrical entry and exit signals to maximize returns

Wenzhou Hongfeng Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Wenzhou Hongfeng's price direction in advance. Along with the technical and fundamental analysis of Wenzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wenzhou 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.

Complementary Tools for Wenzhou Stock analysis

When running Wenzhou Hongfeng's price analysis, check to measure Wenzhou Hongfeng'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 Wenzhou Hongfeng is operating at the current time. Most of Wenzhou Hongfeng's value examination focuses on studying past and present price action to predict the probability of Wenzhou Hongfeng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wenzhou Hongfeng's price. Additionally, you may evaluate how the addition of Wenzhou Hongfeng to your portfolios can decrease your overall portfolio volatility.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Transaction History
View history of all your transactions and understand their impact on performance
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
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
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities