Yingde Greatchem (China) Price on October 8, 2024
| 300804 Stock | 24.66 1.40 5.37% |
If you're considering investing in Yingde Stock, it is important to understand the factors that can impact its price. As of today, the current price of Yingde Greatchem stands at 24.66, as last reported on the 23rd of November, with the highest price reaching 26.04 and the lowest price hitting 24.56 during the day. Yingde Greatchem appears to be not too volatile, given 3 months investment horizon. Yingde Greatchem Che shows Sharpe Ratio of 0.1, which attests that the company had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Yingde Greatchem Che, which you can use to evaluate the volatility of the company. Please utilize Yingde Greatchem's Mean Deviation of 1.95, market risk adjusted performance of (0.37), and Downside Deviation of 3.11 to validate if our risk estimates are consistent with your expectations.
Yingde Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Yingde |
Sharpe Ratio = 0.1029
| Best Portfolio | Best Equity | |||
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| Small Returns | 300804 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Yingde Greatchem is performing at about 8% 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 Yingde Greatchem by adding it to a well-diversified portfolio.
Price Book 1.3919 | Enterprise Value Ebitda 38.75 | Price Sales 3.5303 | Shares Float 22.7 M | Wall Street Target Price 26.62 |
Yingde Greatchem Valuation on October 8, 2024
It is possible to determine the worth of Yingde Greatchem on a given historical date. On October 8, 2024 Yingde was worth 29.62 at the beginning of the trading date compared to the closed value of 26.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yingde Greatchem stock. Still, in general, we apply an absolute valuation method to find Yingde Greatchem'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 Yingde Greatchem where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yingde Greatchem's related companies.
| Open | High | Low | Close | Volume | |
| 22.76 | 25.30 | 22.69 | 24.79 | 2,943,430 | |
10/08/2024 | 29.62 | 29.62 | 25.21 | 26.60 | 3,001,037 |
| 25.33 | 25.65 | 23.00 | 23.18 | 1,554,066 |
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Yingde Greatchem Trading Date Momentum on October 8, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Yingde Greatchem Che Fundamentals Correlations and Trends
By evaluating Yingde Greatchem'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 Yingde Greatchem's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yingde financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yingde Greatchem Stock history
Yingde Greatchem 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 Yingde is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yingde Greatchem Che 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 Yingde Greatchem stock prices may prove useful in developing a viable investing in Yingde Greatchem
Yingde Greatchem Stock Technical Analysis
Yingde Greatchem 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
Yingde Greatchem Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Yingde Greatchem Chemicals 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.
Yingde Greatchem November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Yingde Greatchem stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yingde Greatchem shares will generate the highest return on investment. By undertsting and applying Yingde Greatchem stock market strength indicators, traders can identify Yingde Greatchem Chemicals entry and exit signals to maximize returns
Yingde Greatchem Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yingde Greatchem's price direction in advance. Along with the technical and fundamental analysis of Yingde Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yingde 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 | 0.0727 | |||
| Jensen Alpha | 0.3201 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0394 | |||
| Treynor Ratio | (0.38) |
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| Volume Indicators |
Complementary Tools for Yingde Stock analysis
When running Yingde Greatchem's price analysis, check to measure Yingde Greatchem'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 Yingde Greatchem is operating at the current time. Most of Yingde Greatchem's value examination focuses on studying past and present price action to predict the probability of Yingde Greatchem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yingde Greatchem's price. Additionally, you may evaluate how the addition of Yingde Greatchem to your portfolios can decrease your overall portfolio volatility.
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