Cngr Advanced (China) Price on May 31, 2024
| 300919 Stock | 38.96 2.04 4.98% |
If you're considering investing in Cngr Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cngr Advanced stands at 38.96, as last reported on the 27th of November, with the highest price reaching 41.08 and the lowest price hitting 38.72 during the day. Cngr Advanced appears to be not too volatile, given 3 months investment horizon. Cngr Advanced Material secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. By analyzing Cngr Advanced's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please makes use of Cngr Advanced's Risk Adjusted Performance of 0.1083, downside deviation of 3.78, and Mean Deviation of 3.37 to double-check if our risk estimates are consistent with your expectations.
As of November 27, 2024, Total Stockholder Equity is expected to decline to about 11.5 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 725.2 M. Cngr Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cngr |
Sharpe Ratio = 0.1293
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| Small Returns | 300919 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.35 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Cngr Advanced 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 Cngr Advanced by adding it to a well-diversified portfolio.
Price Book 1.8194 | Enterprise Value Ebitda 14.7022 | Price Sales 0.9666 | Shares Float 389.1 M | Dividend Share 1.109 |
Cngr Advanced Valuation on May 31, 2024
It is possible to determine the worth of Cngr Advanced on a given historical date. On May 31, 2024 Cngr was worth 35.05 at the beginning of the trading date compared to the closed value of 35.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cngr Advanced stock. Still, in general, we apply an absolute valuation method to find Cngr Advanced'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 Cngr Advanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cngr Advanced's related companies.
| Open | High | Low | Close | Volume | |
| 35.24 | 35.65 | 34.99 | 35.17 | 4,192,662 | |
05/31/2024 | 35.05 | 35.49 | 35.01 | 35.08 | 3,203,320 |
| 34.92 | 35.25 | 33.95 | 34.23 | 4,854,012 |
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Cngr Advanced Trading Date Momentum on May 31, 2024
| On June 03 2024 Cngr Advanced Material was traded for 34.23 at the closing time. The highest price during the trading period was 35.25 and the lowest recorded bid was listed for 33.95 . The volume for the day was 4.9 M. This history from June 3, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.42% . The overall trading delta to the current price is 3.85% . |
Cngr Advanced Material Fundamentals Correlations and Trends
By evaluating Cngr Advanced'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 Cngr Advanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cngr financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cngr Advanced Stock history
Cngr Advanced 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 Cngr is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cngr Advanced Material 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 Cngr Advanced stock prices may prove useful in developing a viable investing in Cngr Advanced
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 937.8 M | 725.2 M | |
| Net Income Applicable To Common Shares | 1.8 B | 1.9 B |
Cngr Advanced Quarterly Net Working Capital |
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Cngr Advanced Stock Technical Analysis
Cngr Advanced 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
Cngr Advanced Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Cngr Advanced Material 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.
Cngr Advanced November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Cngr Advanced stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cngr Advanced shares will generate the highest return on investment. By undertsting and applying Cngr Advanced stock market strength indicators, traders can identify Cngr Advanced Material entry and exit signals to maximize returns
Cngr Advanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cngr Advanced's price direction in advance. Along with the technical and fundamental analysis of Cngr Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cngr 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 | 0.1083 | |||
| Jensen Alpha | 0.6508 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.14 | |||
| Treynor Ratio | (90.26) |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Cngr Stock analysis
When running Cngr Advanced's price analysis, check to measure Cngr Advanced'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 Cngr Advanced is operating at the current time. Most of Cngr Advanced's value examination focuses on studying past and present price action to predict the probability of Cngr Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cngr Advanced's price. Additionally, you may evaluate how the addition of Cngr Advanced to your portfolios can decrease your overall portfolio volatility.
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