Dirui Industrial (China) Price on May 6, 2024
| 300396 Stock | 16.21 0.11 0.68% |
Below is the normalized historical share price chart for Dirui Industrial Co extending back to September 10, 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 Dirui Industrial stands at 16.21, as last reported on the 28th of November, with the highest price reaching 16.23 and the lowest price hitting 15.54 during the day.
If you're considering investing in Dirui Stock, it is important to understand the factors that can impact its price. Dirui Industrial appears to be somewhat reliable, given 3 months investment horizon. Dirui Industrial secures Sharpe Ratio (or Efficiency) of 0.0635, which denotes the company had a 0.0635% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dirui Industrial Co, which you can use to evaluate the volatility of the firm. Please utilize Dirui Industrial's Coefficient Of Variation of 12772.95, downside deviation of 4.27, and Mean Deviation of 2.82 to check if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 91.5 M, whereas Total Stockholder Equity is forecasted to decline to about 1.3 B. . Dirui Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 20.2858 | 50 Day MA 15.9068 | Beta 0.193 |
Dirui |
Sharpe Ratio = 0.0635
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300396 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.31 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Dirui Industrial is performing at about 5% 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 Dirui Industrial by adding it to a well-diversified portfolio.
Price Book 2.1086 | Enterprise Value Ebitda 16.4978 | Price Sales 2.97 | Shares Float 123 M | Dividend Share 0.5 |
Dirui Industrial Valuation on May 6, 2024
It is possible to determine the worth of Dirui Industrial on a given historical date. On May 6, 2024 Dirui was worth 25.88 at the beginning of the trading date compared to the closed value of 26.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dirui Industrial stock. Still, in general, we apply an absolute valuation method to find Dirui Industrial'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 Dirui Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dirui Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 25.49 | 25.88 | 25.15 | 25.50 | 3,728,500 | |
05/06/2024 | 25.88 | 26.67 | 25.74 | 26.61 | 4,464,860 |
| 26.56 | 27.04 | 26.13 | 26.29 | 4,594,225 |
| Backtest Dirui Industrial | | | Dirui Industrial History | | | Dirui Industrial Valuation | Previous | Next |
Dirui Industrial Trading Date Momentum on May 6, 2024
| On May 07 2024 Dirui Industrial Co was traded for 26.29 at the closing time. The highest price during the trading period was 27.04 and the lowest recorded bid was listed for 26.13 . The volume for the day was 4.6 M. This history from May 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.20% . The overall trading delta to the current price is 4.25% . |
Dirui Industrial Fundamentals Correlations and Trends
By evaluating Dirui Industrial'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 Dirui Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dirui financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dirui Industrial Stock history
Dirui Industrial 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 Dirui is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dirui Industrial 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 Dirui Industrial stock prices may prove useful in developing a viable investing in Dirui Industrial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 274.7 M | 220.6 M | |
| Net Income Applicable To Common Shares | 301 M | 176.4 M |
Dirui Industrial Quarterly Net Working Capital |
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Dirui Industrial Stock Technical Analysis
Dirui Industrial 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
Dirui Industrial Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Dirui Industrial Co 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.
Dirui Industrial November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Dirui Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dirui Industrial shares will generate the highest return on investment. By undertsting and applying Dirui Industrial stock market strength indicators, traders can identify Dirui Industrial Co entry and exit signals to maximize returns
Dirui Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dirui Industrial's price direction in advance. Along with the technical and fundamental analysis of Dirui Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dirui 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 | 0.0142 | |||
| Jensen Alpha | 0.0418 | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.15) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Dirui Stock analysis
When running Dirui Industrial's price analysis, check to measure Dirui Industrial'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 Dirui Industrial is operating at the current time. Most of Dirui Industrial's value examination focuses on studying past and present price action to predict the probability of Dirui Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dirui Industrial's price. Additionally, you may evaluate how the addition of Dirui Industrial to your portfolios can decrease your overall portfolio volatility.
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