Changshu Tianyin (China) Price on May 9, 2024

300342 Stock   19.86  0.39  2.00%   
Below is the normalized historical share price chart for Changshu Tianyin Electromechan extending back to July 26, 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 Changshu Tianyin stands at 19.86, as last reported on the 12th of December 2024, with the highest price reaching 19.96 and the lowest price hitting 19.11 during the day.
IPO Date
26th of July 2012
200 Day MA
14.8156
50 Day MA
18.4608
Beta
0.016
 
Yuan Drop
 
Covid
If you're considering investing in Changshu Stock, it is important to understand the factors that can impact its price. Changshu Tianyin is somewhat reliable given 3 months investment horizon. Changshu Tianyin Ele secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of standard deviation over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use Changshu Tianyin risk adjusted performance of 0.1277, and Mean Deviation of 3.55 to evaluate company specific risk that cannot be diversified away.
  
As of December 12, 2024, Total Stockholder Equity is expected to decline to about 1.1 B. In addition to that, Common Stock is expected to decline to about 290.5 M. Changshu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2004

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Estimated Market Risk

 5.03
  actual daily
44
56% of assets are more volatile

Expected Return

 1.01
  actual daily
20
80% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average Changshu Tianyin is performing at about 15% 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 Changshu Tianyin by adding it to a well-diversified portfolio.
Price Book
5.4951
Enterprise Value Ebitda
152.7512
Price Sales
7.7553
Shares Float
275.8 M
Dividend Share
0.1

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Changshu Tianyin Valuation on May 9, 2024

It is possible to determine the worth of Changshu Tianyin on a given historical date. On May 9, 2024 Changshu was worth 14.15 at the beginning of the trading date compared to the closed value of 14.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Changshu Tianyin stock. Still, in general, we apply an absolute valuation method to find Changshu Tianyin'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 Changshu Tianyin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Changshu Tianyin's related companies.
 Open High Low Close Volume
  14.37    14.71    13.96    14.27    49,705,802  
05/09/2024
  14.15    14.39    14.01    14.12    28,096,150  
  14.22    15.14    14.12    14.32    53,377,546  
Backtest Changshu Tianyin  |  Changshu Tianyin History  |  Changshu Tianyin Valuation   PreviousNext  
Open Value
14.15
14.12
Closing Value
29.23
Upside

Changshu Tianyin Trading Date Momentum on May 9, 2024

On May 10 2024 Changshu Tianyin Electromechan was traded for  14.32  at the closing time. The highest price during the trading period was 15.14  and the lowest recorded bid was listed for  14.12 . The volume for the day was 53.4 M. This history from May 10, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.42% . The overall trading delta to the current price is 5.81% .

Changshu Tianyin Ele Fundamentals Correlations and Trends

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

About Changshu Tianyin Stock history

Changshu Tianyin 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 Changshu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Changshu Tianyin 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 Changshu Tianyin stock prices may prove useful in developing a viable investing in Changshu Tianyin
Last ReportedProjected for Next Year
Common Stock Shares Outstanding382.5 M343.2 M
Net Income Applicable To Common SharesM8.5 M

Changshu Tianyin Quarterly Net Working Capital

842.2 Million

Changshu Tianyin Stock Technical Analysis

Changshu Tianyin 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 Changshu Tianyin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Changshu Tianyin 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

Changshu Tianyin Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Changshu Tianyin Electromechan 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.

Changshu Tianyin December 12, 2024 Market Strength

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

Changshu Tianyin Technical and Predictive Indicators

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

When running Changshu Tianyin's price analysis, check to measure Changshu Tianyin'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 Changshu Tianyin is operating at the current time. Most of Changshu Tianyin's value examination focuses on studying past and present price action to predict the probability of Changshu Tianyin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changshu Tianyin's price. Additionally, you may evaluate how the addition of Changshu Tianyin to your portfolios can decrease your overall portfolio volatility.
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