Weihai Guangwei (China) Price on November 6, 2024
| 300699 Stock | 34.62 0.70 2.06% |
Below is the normalized historical share price chart for Weihai Guangwei Composites extending back to September 01, 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 Weihai Guangwei stands at 34.62, as last reported on the 30th of November, with the highest price reaching 34.97 and the lowest price hitting 33.65 during the day.
If you're considering investing in Weihai Stock, it is important to understand the factors that can impact its price. Weihai Guangwei appears to be not too volatile, given 3 months investment horizon. Weihai Guangwei Comp shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Weihai Guangwei Comp, which you can use to evaluate the volatility of the company. Please utilize Weihai Guangwei's Downside Deviation of 3.34, market risk adjusted performance of (0.98), and Mean Deviation of 2.57 to validate if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 1.2 B, whereas Total Stockholder Equity is forecasted to decline to about 3 B. . Weihai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 28.055 | 50 Day MA 31.4448 | Beta 0.55 |
Weihai |
Sharpe Ratio = 0.1222
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300699 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.94 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Weihai Guangwei 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 Weihai Guangwei by adding it to a well-diversified portfolio.
Price Book 5.2288 | Enterprise Value Ebitda 29.4062 | Price Sales 10.767 | Shares Float 497 M | Dividend Share 0.5 |
Weihai Guangwei Valuation on November 6, 2024
It is possible to determine the worth of Weihai Guangwei on a given historical date. On November 6, 2024 Weihai was worth 38.2 at the beginning of the trading date compared to the closed value of 37.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Weihai Guangwei stock. Still, in general, we apply an absolute valuation method to find Weihai Guangwei'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 Weihai Guangwei where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Weihai Guangwei's related companies.
| Open | High | Low | Close | Volume | |
| 36.20 | 38.38 | 36.10 | 37.76 | 36,822,443 | |
11/06/2024 | 38.20 | 39.30 | 37.22 | 37.69 | 39,249,864 |
| 37.00 | 37.46 | 36.00 | 36.91 | 25,519,870 |
| Backtest Weihai Guangwei | | | Weihai Guangwei History | | | Weihai Guangwei Valuation | Previous | Next |
Weihai Guangwei Trading Date Momentum on November 6, 2024
| On November 07 2024 Weihai Guangwei Composites was traded for 36.91 at the closing time. The highest price during the trading period was 37.46 and the lowest recorded bid was listed for 36.00 . The volume for the day was 25.5 M. This history from November 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.07% . The trading price change to the current price is 7.11% . |
Weihai Guangwei Comp Fundamentals Correlations and Trends
By evaluating Weihai Guangwei'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 Weihai Guangwei's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Weihai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Weihai Guangwei Stock history
Weihai Guangwei 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 Weihai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Weihai Guangwei Comp 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 Weihai Guangwei stock prices may prove useful in developing a viable investing in Weihai Guangwei
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 831.4 M | 618.9 M | |
| Net Income Applicable To Common Shares | 872.1 M | 458.1 M |
Weihai Guangwei Quarterly Net Working Capital |
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Weihai Guangwei Stock Technical Analysis
Weihai Guangwei 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
Weihai Guangwei Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Weihai Guangwei Composites 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.
Weihai Guangwei November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Weihai Guangwei stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Weihai Guangwei shares will generate the highest return on investment. By undertsting and applying Weihai Guangwei stock market strength indicators, traders can identify Weihai Guangwei Composites entry and exit signals to maximize returns
Weihai Guangwei Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Weihai Guangwei's price direction in advance. Along with the technical and fundamental analysis of Weihai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Weihai 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 | 0.1085 | |||
| Jensen Alpha | 0.547 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.1069 | |||
| Treynor Ratio | (0.99) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Weihai Stock analysis
When running Weihai Guangwei's price analysis, check to measure Weihai Guangwei'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 Weihai Guangwei is operating at the current time. Most of Weihai Guangwei's value examination focuses on studying past and present price action to predict the probability of Weihai Guangwei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weihai Guangwei's price. Additionally, you may evaluate how the addition of Weihai Guangwei to your portfolios can decrease your overall portfolio volatility.
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