YiDong Electronics (China) Price on April 11, 2023
| 301123 Stock | 20.57 0.46 2.19% |
If you're considering investing in YiDong Stock, it is important to understand the factors that can impact its price. As of today, the current price of YiDong Electronics stands at 20.57, as last reported on the 14th of December 2024, with the highest price reaching 21.16 and the lowest price hitting 20.51 during the day. YiDong Electronics appears to be somewhat reliable, given 3 months investment horizon. YiDong Electronics shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of volatility over the last 3 months. By examining YiDong Electronics' technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize YiDong Electronics' Risk Adjusted Performance of 0.0848, downside deviation of 3.61, and Mean Deviation of 2.71 to validate if our risk estimates are consistent with your expectations.
As of December 14, 2024, Total Stockholder Equity is expected to decline to about 1.9 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 218.4 M. YiDong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
YiDong |
Sharpe Ratio = 0.1624
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| Small Returns | 301123 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.18 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average YiDong Electronics is performing at about 12% 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 YiDong Electronics by adding it to a well-diversified portfolio.
Price Book 1.6756 | Enterprise Value Ebitda 25.312 | Price Sales 2.9799 | Shares Float 73.7 M | Dividend Share 0.1 |
YiDong Electronics Valuation on April 11, 2023
It is possible to determine the worth of YiDong Electronics on a given historical date. On April 11, 2023 YiDong was worth 24.74 at the beginning of the trading date compared to the closed value of 24.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of YiDong Electronics stock. Still, in general, we apply an absolute valuation method to find YiDong Electronics' 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 YiDong Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against YiDong Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 25.35 | 25.59 | 24.62 | 24.62 | 2,691,527 | |
04/11/2023 | 24.74 | 24.95 | 24.27 | 24.42 | 2,406,907 |
| 24.59 | 25.53 | 24.35 | 25.36 | 3,622,848 |
| Backtest YiDong Electronics | | | YiDong Electronics History | | | YiDong Electronics Valuation | Previous | Next |
YiDong Electronics Trading Date Momentum on April 11, 2023
| On April 12 2023 YiDong Electronics Technology was traded for 25.36 at the closing time. The highest price during the trading period was 25.53 and the lowest recorded bid was listed for 24.35 . The volume for the day was 3.6 M. This history from April 12, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 3.85% . The trading price change to the current price is 3.89% . |
YiDong Electronics Fundamentals Correlations and Trends
By evaluating YiDong Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among YiDong Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. YiDong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About YiDong Electronics Stock history
YiDong Electronics 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 YiDong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in YiDong Electronics 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 YiDong Electronics stock prices may prove useful in developing a viable investing in YiDong Electronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 268.6 M | 218.4 M |
YiDong Electronics Quarterly Net Working Capital |
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YiDong Electronics Stock Technical Analysis
YiDong Electronics 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
YiDong Electronics Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
YiDong Electronics Technology 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.
YiDong Electronics December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how YiDong Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading YiDong Electronics shares will generate the highest return on investment. By undertsting and applying YiDong Electronics stock market strength indicators, traders can identify YiDong Electronics Technology entry and exit signals to maximize returns
YiDong Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for YiDong Electronics' price direction in advance. Along with the technical and fundamental analysis of YiDong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of YiDong 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 | 0.0848 | |||
| Jensen Alpha | 0.386 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0896 | |||
| Treynor Ratio | 1.34 |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for YiDong Stock analysis
When running YiDong Electronics' price analysis, check to measure YiDong Electronics' 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 YiDong Electronics is operating at the current time. Most of YiDong Electronics' value examination focuses on studying past and present price action to predict the probability of YiDong Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YiDong Electronics' price. Additionally, you may evaluate how the addition of YiDong Electronics to your portfolios can decrease your overall portfolio volatility.
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