Changshu Ruite (China) Price on October 30, 2024
| 300600 Stock | 7.24 0.11 1.54% |
Below is the normalized historical share price chart for Changshu Ruite Electric extending back to January 25, 2017. 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 Ruite stands at 7.24, as last reported on the 2nd of December, with the highest price reaching 7.27 and the lowest price hitting 7.10 during the day.
If you're considering investing in Changshu Stock, it is important to understand the factors that can impact its price. Changshu Ruite appears to be slightly risky, given 3 months investment horizon. Changshu Ruite Electric secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Changshu Ruite Electric, which you can use to evaluate the volatility of the firm. Please makes use of Changshu Ruite's risk adjusted performance of 0.1169, and Mean Deviation of 2.25 to double-check if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 1 B, whereas Common Stock is forecasted to decline to about 240.8 M. . Changshu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 6.7656 | 50 Day MA 6.9104 | Beta 1.02 |
Changshu |
Sharpe Ratio = 0.1345
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300600 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.28 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Changshu Ruite is performing at about 10% 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 Ruite by adding it to a well-diversified portfolio.
Price Book 2.3074 | Enterprise Value Ebitda 340.4409 | Price Sales 9.2204 | Shares Float 125.5 M | Wall Street Target Price 19.5 |
Changshu Ruite Valuation on October 30, 2024
It is possible to determine the worth of Changshu Ruite on a given historical date. On October 30, 2024 Changshu was worth 7.15 at the beginning of the trading date compared to the closed value of 7.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Changshu Ruite stock. Still, in general, we apply an absolute valuation method to find Changshu Ruite'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 Ruite where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Changshu Ruite's related companies.
| Open | High | Low | Close | Volume | |
| 7.40 | 7.41 | 7.12 | 7.15 | 6,171,928 | |
10/30/2024 | 7.15 | 7.22 | 7.07 | 7.15 | 4,538,960 |
| 7.15 | 7.18 | 7.08 | 7.12 | 5,013,200 |
| Backtest Changshu Ruite | | | Changshu Ruite History | | | Changshu Ruite Valuation | Previous | Next |
Changshu Ruite Trading Date Momentum on October 30, 2024
| On October 31 2024 Changshu Ruite Electric was traded for 7.12 at the closing time. The highest price during the trading period was 7.18 and the lowest recorded bid was listed for 7.08 . The volume for the day was 5 M. This history from October 31, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.42% . The overall trading delta to the current price is 7.83% . |
Changshu Ruite Electric Fundamentals Correlations and Trends
By evaluating Changshu Ruite'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 Ruite'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 Ruite Stock history
Changshu Ruite 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 Ruite Electric 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 Ruite stock prices may prove useful in developing a viable investing in Changshu Ruite
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 264.8 M | 237.1 M | |
| Net Loss | -418.7 K | -397.8 K |
Changshu Ruite Quarterly Net Working Capital |
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Changshu Ruite Stock Technical Analysis
Changshu Ruite 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
Changshu Ruite Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Changshu Ruite Electric 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 Ruite December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Changshu Ruite 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 Ruite shares will generate the highest return on investment. By undertsting and applying Changshu Ruite stock market strength indicators, traders can identify Changshu Ruite Electric entry and exit signals to maximize returns
Changshu Ruite Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Changshu Ruite'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.
| Risk Adjusted Performance | 0.1169 | |||
| Jensen Alpha | 0.4362 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0928 | |||
| Treynor Ratio | 4.27 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Changshu Stock analysis
When running Changshu Ruite's price analysis, check to measure Changshu Ruite'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 Ruite is operating at the current time. Most of Changshu Ruite's value examination focuses on studying past and present price action to predict the probability of Changshu Ruite'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 Ruite's price. Additionally, you may evaluate how the addition of Changshu Ruite to your portfolios can decrease your overall portfolio volatility.
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