Ningbo MedicalSystem (China) Price on September 10, 2024
| 300439 Stock | 11.43 0.05 0.44% |
Below is the normalized historical share price chart for Ningbo MedicalSystem Biotechnology extending back to April 22, 2015. 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 Ningbo MedicalSystem stands at 11.43, as last reported on the 27th of November, with the highest price reaching 11.47 and the lowest price hitting 10.96 during the day.
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. Ningbo MedicalSystem appears to be somewhat reliable, given 3 months investment horizon. Ningbo MedicalSystem has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ningbo MedicalSystem, which you can use to evaluate the volatility of the firm. Please exercise Ningbo MedicalSystem's Risk Adjusted Performance of 0.0763, downside deviation of 2.85, and Mean Deviation of 2.17 to check out if our risk estimates are consistent with your expectations.
As of November 27, 2024, Total Stockholder Equity is expected to decline to about 1.6 B. In addition to that, Common Stock is expected to decline to about 302 M. Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 9.7136 | 50 Day MA 10.671 | Beta 0.386 |
Ningbo |
Sharpe Ratio = 0.1172
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300439 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.49 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Ningbo MedicalSystem is performing at about 9% 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 Ningbo MedicalSystem by adding it to a well-diversified portfolio.
Price Book 1.5258 | Enterprise Value Ebitda 12.28 | Price Sales 2.3708 | Shares Float 202.3 M | Dividend Share 0.134 |
Ningbo MedicalSystem Valuation on September 10, 2024
It is possible to determine the worth of Ningbo MedicalSystem on a given historical date. On September 10, 2024 Ningbo was worth 9.25 at the beginning of the trading date compared to the closed value of 9.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ningbo MedicalSystem stock. Still, in general, we apply an absolute valuation method to find Ningbo MedicalSystem'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 Ningbo MedicalSystem where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ningbo MedicalSystem's related companies.
| Open | High | Low | Close | Volume | |
| 9.15 | 9.37 | 9.09 | 9.23 | 2,980,871 | |
09/10/2024 | 9.25 | 9.25 | 8.99 | 9.14 | 2,714,500 |
| 9.10 | 9.17 | 9.02 | 9.08 | 2,100,100 |
| Backtest Ningbo MedicalSystem | | | Ningbo MedicalSystem History | | | Ningbo MedicalSystem Valuation | Previous | Next |
Ningbo MedicalSystem Trading Date Momentum on September 10, 2024
| On September 11 2024 Ningbo MedicalSystem Biotechnology was traded for 9.08 at the closing time. The highest price during the trading period was 9.17 and the lowest recorded bid was listed for 9.02 . The volume for the day was 2.1 M. This history from September 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.66% . The trading delta at closing time to the current price is 1.53% . |
Ningbo MedicalSystem Fundamentals Correlations and Trends
By evaluating Ningbo MedicalSystem'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 Ningbo MedicalSystem's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ningbo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ningbo MedicalSystem Stock history
Ningbo MedicalSystem 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 Ningbo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ningbo MedicalSystem 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 Ningbo MedicalSystem stock prices may prove useful in developing a viable investing in Ningbo MedicalSystem
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 440.4 M | 397.7 M | |
| Net Income Applicable To Common Shares | 178.7 M | 91.6 M |
Ningbo MedicalSystem Quarterly Net Working Capital |
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Ningbo MedicalSystem Stock Technical Analysis
Ningbo MedicalSystem 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
Ningbo MedicalSystem Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Ningbo MedicalSystem Biotechnology 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.
Ningbo MedicalSystem November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Ningbo MedicalSystem stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ningbo MedicalSystem shares will generate the highest return on investment. By undertsting and applying Ningbo MedicalSystem stock market strength indicators, traders can identify Ningbo MedicalSystem Biotechnology entry and exit signals to maximize returns
Ningbo MedicalSystem Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ningbo MedicalSystem's price direction in advance. Along with the technical and fundamental analysis of Ningbo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ningbo 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 | 0.0763 | |||
| Jensen Alpha | 0.3374 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0604 | |||
| Treynor Ratio | (0.79) |
| Cycle Indicators | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ningbo Stock analysis
When running Ningbo MedicalSystem's price analysis, check to measure Ningbo MedicalSystem'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 Ningbo MedicalSystem is operating at the current time. Most of Ningbo MedicalSystem's value examination focuses on studying past and present price action to predict the probability of Ningbo MedicalSystem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ningbo MedicalSystem's price. Additionally, you may evaluate how the addition of Ningbo MedicalSystem to your portfolios can decrease your overall portfolio volatility.
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