YiDong Electronics (China) Price on July 25, 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' Downside Deviation of 3.61, risk adjusted performance of 0.0848, 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.

Sharpe Ratio = 0.1624

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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 July 25, 2023

It is possible to determine the worth of YiDong Electronics on a given historical date. On July 25, 2023 YiDong was worth 25.02 at the beginning of the trading date compared to the closed value of 25.19. 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
  24.89    25.19    24.33    24.92    4,184,392  
07/25/2023
  25.02    25.41    24.94    25.19    2,971,182  
  25.23    25.60    24.67    24.98    3,254,787  
Backtest YiDong Electronics  |  YiDong Electronics History  |  YiDong Electronics Valuation   PreviousNext  
Open Value
25.02
25.19
Closing Value
37.56
Upside

YiDong Electronics Trading Date Momentum on July 25, 2023

On July 26 2023 YiDong Electronics Technology was traded for  24.98  at the closing time. The highest price during the trading period was 25.60  and the lowest recorded bid was listed for  24.67 . The volume for the day was 3.3 M. This history from July 26, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.83% . The trading price change to the current price is 1.75% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding268.6 M218.4 M

YiDong Electronics Quarterly Net Working Capital

1.38 Billion

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.
A focus of YiDong Electronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of YiDong Electronics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

YiDong Electronics Period Price Range

Low
December 14, 2024
0.00  NaN%
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.

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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