Changsha DIALINE (China) Price on October 29, 2024

300700 Stock   8.41  0.27  3.11%   
Below is the normalized historical share price chart for Changsha DIALINE New extending back to September 12, 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 Changsha DIALINE stands at 8.41, as last reported on the 4th of December, with the highest price reaching 9.10 and the lowest price hitting 8.36 during the day.
200 Day MA
7.7409
50 Day MA
7.723
Beta
0.4
 
Covid
If you're considering investing in Changsha Stock, it is important to understand the factors that can impact its price. Changsha DIALINE appears to be moderately volatile, given 3 months investment horizon. Changsha DIALINE New 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. By analyzing Changsha DIALINE's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please makes use of Changsha DIALINE's risk adjusted performance of 0.1245, and Mean Deviation of 3.33 to double-check if our risk estimates are consistent with your expectations.
  
The current year's Capital Stock is expected to grow to about 292.7 M, whereas Total Stockholder Equity is forecasted to decline to about 669.4 M. . Changsha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1335

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Estimated Market Risk

 5.31
  actual daily
47
53% of assets are more volatile

Expected Return

 0.71
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Changsha DIALINE 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 Changsha DIALINE by adding it to a well-diversified portfolio.
Price Book
2.9848
Enterprise Value Ebitda
44.4139
Price Sales
8.2569
Shares Float
200.5 M
Dividend Share
0.089

Changsha DIALINE Valuation on October 29, 2024

It is possible to determine the worth of Changsha DIALINE on a given historical date. On October 29, 2024 Changsha was worth 7.7 at the beginning of the trading date compared to the closed value of 7.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Changsha DIALINE stock. Still, in general, we apply an absolute valuation method to find Changsha DIALINE'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 Changsha DIALINE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Changsha DIALINE's related companies.
 Open High Low Close Volume
  7.73    7.77    7.52    7.66    11,530,129  
10/29/2024
  7.70    7.92    7.39    7.40    10,020,391  
  7.38    7.50    7.18    7.34    9,926,377  
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Open Value
7.7
7.4
Closing Value
23.64
Upside

Changsha DIALINE Trading Date Momentum on October 29, 2024

On October 30 2024 Changsha DIALINE New was traded for  7.34  at the closing time. The highest price during the trading period was 7.50  and the lowest recorded bid was listed for  7.18 . The volume for the day was 9.9 M. This history from October 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.81% . The overall trading delta to the current price is 30.41% .

Changsha DIALINE New Fundamentals Correlations and Trends

By evaluating Changsha DIALINE'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 Changsha DIALINE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Changsha financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Changsha DIALINE Stock history

Changsha DIALINE 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 Changsha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Changsha DIALINE New 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 Changsha DIALINE stock prices may prove useful in developing a viable investing in Changsha DIALINE
Last ReportedProjected for Next Year
Common Stock Shares Outstanding278.8 M147.1 M
Net Income Applicable To Common Shares81.9 M86 M

Changsha DIALINE Stock Technical Analysis

Changsha DIALINE 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.
A focus of Changsha DIALINE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Changsha DIALINE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Changsha DIALINE Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Changsha DIALINE New 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.

Changsha DIALINE December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Changsha DIALINE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Changsha DIALINE shares will generate the highest return on investment. By undertsting and applying Changsha DIALINE stock market strength indicators, traders can identify Changsha DIALINE New entry and exit signals to maximize returns

Changsha DIALINE Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Changsha DIALINE's price direction in advance. Along with the technical and fundamental analysis of Changsha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Changsha 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.

Complementary Tools for Changsha Stock analysis

When running Changsha DIALINE's price analysis, check to measure Changsha DIALINE'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 Changsha DIALINE is operating at the current time. Most of Changsha DIALINE's value examination focuses on studying past and present price action to predict the probability of Changsha DIALINE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changsha DIALINE's price. Additionally, you may evaluate how the addition of Changsha DIALINE to your portfolios can decrease your overall portfolio volatility.
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