Beijing Topnew (China) Price on February 29, 2024
| 300895 Stock | 35.18 0.67 1.94% |
Below is the normalized historical share price chart for Beijing Topnew Info extending back to September 24, 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 Beijing Topnew stands at 35.18, as last reported on the 1st of December, with the highest price reaching 35.55 and the lowest price hitting 34.30 during the day.
If you're considering investing in Beijing Stock, it is important to understand the factors that can impact its price. Beijing Topnew appears to be not too volatile, given 3 months investment horizon. Beijing Topnew Info secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. By analyzing Beijing Topnew's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please makes use of Beijing Topnew's Mean Deviation of 3.12, risk adjusted performance of 0.1156, and Downside Deviation of 4.46 to double-check if our risk estimates are consistent with your expectations.
As of December 1, 2024, Common Stock is expected to decline to about 77.6 M. In addition to that, Total Stockholder Equity is expected to decline to about 790.7 M. Beijing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 28.3922 | 50 Day MA 33.7838 | Beta 0.448 |
Beijing |
Sharpe Ratio = 0.1457
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300895 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.08 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Beijing Topnew is performing at about 11% 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 Beijing Topnew by adding it to a well-diversified portfolio.
Price Book 5.4803 | Book Value 6.419 | Enterprise Value 4.8 B | Enterprise Value Ebitda 165.3529 | Price Sales 21.0973 |
Beijing Topnew Valuation on February 29, 2024
It is possible to determine the worth of Beijing Topnew on a given historical date. On February 29, 2024 Beijing was worth 27.5 at the beginning of the trading date compared to the closed value of 30.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beijing Topnew stock. Still, in general, we apply an absolute valuation method to find Beijing Topnew'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 Beijing Topnew where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beijing Topnew's related companies.
| Open | High | Low | Close | Volume | |
| 32.23 | 32.87 | 28.22 | 28.22 | 16,044,110 | |
02/29/2024 | 27.50 | 31.05 | 27.50 | 30.43 | 11,872,785 |
| 30.22 | 31.18 | 30.16 | 30.79 | 10,354,850 |
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Beijing Topnew Trading Date Momentum on February 29, 2024
| On March 01 2024 Beijing Topnew Info was traded for 30.79 at the closing time. The highest price during the trading period was 31.18 and the lowest recorded bid was listed for 30.16 . The volume for the day was 10.4 M. This history from March 1, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.18% . The overall trading delta to the current price is 3.52% . |
Beijing Topnew Info Fundamentals Correlations and Trends
By evaluating Beijing Topnew'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 Beijing Topnew's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Beijing financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Beijing Topnew Stock history
Beijing Topnew 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 Beijing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beijing Topnew Info 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 Beijing Topnew stock prices may prove useful in developing a viable investing in Beijing Topnew
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 161.9 M | 111.1 M | |
| Net Loss | -58.8 M | -55.9 M |
Beijing Topnew Quarterly Net Working Capital |
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Beijing Topnew Stock Technical Analysis
Beijing Topnew 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
Beijing Topnew Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Beijing Topnew Info 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.
Beijing Topnew December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Beijing Topnew stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beijing Topnew shares will generate the highest return on investment. By undertsting and applying Beijing Topnew stock market strength indicators, traders can identify Beijing Topnew Info entry and exit signals to maximize returns
Beijing Topnew Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beijing Topnew's price direction in advance. Along with the technical and fundamental analysis of Beijing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beijing 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 | 0.1156 | |||
| Jensen Alpha | 0.6621 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.1211 | |||
| Treynor Ratio | 15.86 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Beijing Stock analysis
When running Beijing Topnew's price analysis, check to measure Beijing Topnew'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 Beijing Topnew is operating at the current time. Most of Beijing Topnew's value examination focuses on studying past and present price action to predict the probability of Beijing Topnew's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beijing Topnew's price. Additionally, you may evaluate how the addition of Beijing Topnew to your portfolios can decrease your overall portfolio volatility.
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