Eit Environmental (China) Price on July 26, 2024
| 300815 Stock | 15.57 0.58 3.59% |
Below is the normalized historical share price chart for Eit Environmental Development extending back to January 23, 2020. 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 Eit Environmental stands at 15.57, as last reported on the 24th of November, with the highest price reaching 16.32 and the lowest price hitting 15.48 during the day.
If you're considering investing in Eit Stock, it is important to understand the factors that can impact its price. Eit Environmental appears to be somewhat reliable, given 3 months investment horizon. Eit Environmental secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. By reviewing Eit Environmental's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Eit Environmental's Mean Deviation of 2.71, downside deviation of 3.03, and Coefficient Of Variation of 929.96 to check if our risk estimates are consistent with your expectations.
The current year's Common Stock is expected to grow to about 401.1 M, whereas Total Stockholder Equity is forecasted to decline to about 2 B. . Eit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 12.9753 | 50 Day MA 14.2446 | Beta (0.19) |
Eit |
Sharpe Ratio = 0.1388
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300815 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.32 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Eit Environmental 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 Eit Environmental by adding it to a well-diversified portfolio.
Price Book 1.5391 | Enterprise Value Ebitda 8.3491 | Price Sales 0.8984 | Shares Float 133.1 M | Dividend Share 0.2 |
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Eit Environmental Valuation on July 26, 2024
It is possible to determine the worth of Eit Environmental on a given historical date. On July 26, 2024 Eit was worth 12.23 at the beginning of the trading date compared to the closed value of 12.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eit Environmental stock. Still, in general, we apply an absolute valuation method to find Eit Environmental'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 Eit Environmental where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eit Environmental's related companies.
| Open | High | Low | Close | Volume | |
| 11.66 | 12.40 | 11.60 | 12.35 | 6,569,178 | |
07/26/2024 | 12.23 | 12.29 | 11.95 | 12.05 | 6,545,920 |
| 12.04 | 12.27 | 11.91 | 11.97 | 4,228,526 |
| Backtest Eit Environmental | | | Eit Environmental History | | | Eit Environmental Valuation | Previous | Next |
Eit Environmental Trading Date Momentum on July 26, 2024
| On July 29 2024 Eit Environmental Development was traded for 11.97 at the closing time. The highest price during the trading period was 12.27 and the lowest recorded bid was listed for 11.91 . The volume for the day was 4.2 M. This history from July 29, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.66% . The overall trading delta to the current price is 1.66% . |
Eit Environmental Fundamentals Correlations and Trends
By evaluating Eit Environmental'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 Eit Environmental's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eit Environmental Stock history
Eit Environmental 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 Eit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eit Environmental 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 Eit Environmental stock prices may prove useful in developing a viable investing in Eit Environmental
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 398.6 M | 299.7 M | |
| Net Income Applicable To Common Shares | 568.5 M | 370.1 M |
Eit Environmental Quarterly Net Working Capital |
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Eit Environmental Stock Technical Analysis
Eit Environmental 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
Eit Environmental Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Eit Environmental Development 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.
Eit Environmental November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Eit Environmental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eit Environmental shares will generate the highest return on investment. By undertsting and applying Eit Environmental stock market strength indicators, traders can identify Eit Environmental Development entry and exit signals to maximize returns
Eit Environmental Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eit Environmental's price direction in advance. Along with the technical and fundamental analysis of Eit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eit 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 | 0.0906 | |||
| Jensen Alpha | 0.4504 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.1035 | |||
| Treynor Ratio | (3.26) |
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Complementary Tools for Eit Stock analysis
When running Eit Environmental's price analysis, check to measure Eit Environmental'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 Eit Environmental is operating at the current time. Most of Eit Environmental's value examination focuses on studying past and present price action to predict the probability of Eit Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eit Environmental's price. Additionally, you may evaluate how the addition of Eit Environmental to your portfolios can decrease your overall portfolio volatility.
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