Hubei Forbon (China) Price on November 22, 2024
| 300387 Stock | 9.03 0.31 3.32% |
Below is the normalized historical share price chart for Hubei Forbon Technology extending back to July 02, 2014. 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 Hubei Forbon stands at 9.03, as last reported on the 30th of November, with the highest price reaching 9.30 and the lowest price hitting 8.74 during the day.
If you're considering investing in Hubei Stock, it is important to understand the factors that can impact its price. Hubei Forbon appears to be slightly risky, given 3 months investment horizon. Hubei Forbon Technology holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. By evaluating Hubei Forbon's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize Hubei Forbon's Risk Adjusted Performance of 0.1393, downside deviation of 3.54, and Market Risk Adjusted Performance of (1.96) to validate if our risk estimates are consistent with your expectations.
As of November 30, 2024, Total Stockholder Equity is expected to decline to about 904.1 M. In addition to that, Common Stock is expected to decline to about 186.1 M. Hubei Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 6.5932 | 50 Day MA 7.8064 | Beta 0.685 |
Hubei |
Sharpe Ratio = 0.1528
| Best Portfolio | Best Equity | |||
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| Small Returns | 300387 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.12 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Hubei Forbon is performing at about 12% 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 Hubei Forbon by adding it to a well-diversified portfolio.
Price Book 1.8664 | Enterprise Value Ebitda 18.0743 | Price Sales 2.1969 | Shares Float 166.3 M | Dividend Share 0.06 |
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Hubei Forbon Valuation on November 22, 2024
It is possible to determine the worth of Hubei Forbon on a given historical date. On November 22, 2024 Hubei was worth 8.5 at the beginning of the trading date compared to the closed value of 8.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hubei Forbon stock. Still, in general, we apply an absolute valuation method to find Hubei Forbon'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 Hubei Forbon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hubei Forbon's related companies.
| Open | High | Low | Close | Volume | |
| 8.36 | 8.57 | 8.28 | 8.57 | 18,895,694 | |
11/22/2024 | 8.50 | 8.54 | 8.04 | 8.07 | 15,020,747 |
| 8.09 | 8.23 | 7.98 | 8.23 | 9,231,618 |
| Backtest Hubei Forbon | | | Hubei Forbon History | | | Hubei Forbon Valuation | Previous | Next |
Hubei Forbon Trading Date Momentum on November 22, 2024
| On November 25 2024 Hubei Forbon Technology was traded for 8.23 at the closing time. The highest price during the trading period was 8.23 and the lowest recorded bid was listed for 7.98 . The volume for the day was 9.2 M. This history from November 25, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.98% . The trading delta at closing time to the current price is 10.04% . |
Hubei Forbon Technology Fundamentals Correlations and Trends
By evaluating Hubei Forbon'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 Hubei Forbon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hubei financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hubei Forbon Stock history
Hubei Forbon 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 Hubei is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hubei Forbon Technology 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 Hubei Forbon stock prices may prove useful in developing a viable investing in Hubei Forbon
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 332.4 M | 312.2 M | |
| Net Income Applicable To Common Shares | 61.9 M | 65.5 M |
Hubei Forbon Quarterly Net Working Capital |
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Hubei Forbon Stock Technical Analysis
Hubei Forbon 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
Hubei Forbon Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Hubei Forbon Technology 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.
Hubei Forbon November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Hubei Forbon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hubei Forbon shares will generate the highest return on investment. By undertsting and applying Hubei Forbon stock market strength indicators, traders can identify Hubei Forbon Technology entry and exit signals to maximize returns
Hubei Forbon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hubei Forbon's price direction in advance. Along with the technical and fundamental analysis of Hubei Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hubei 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 | 0.1393 | |||
| Jensen Alpha | 0.7127 | |||
| Total Risk Alpha | 0.0088 | |||
| Sortino Ratio | 0.153 | |||
| Treynor Ratio | (1.97) |
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| Volume Indicators |
Complementary Tools for Hubei Stock analysis
When running Hubei Forbon's price analysis, check to measure Hubei Forbon'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 Hubei Forbon is operating at the current time. Most of Hubei Forbon's value examination focuses on studying past and present price action to predict the probability of Hubei Forbon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hubei Forbon's price. Additionally, you may evaluate how the addition of Hubei Forbon to your portfolios can decrease your overall portfolio volatility.
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