Chengdu Bright (China) Price on December 11, 2024
| 301239 Stock | 56.65 0.01 0.02% |
If you're considering investing in Chengdu Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chengdu Bright stands at 56.65, as last reported on the 12th of December 2024, with the highest price reaching 57.60 and the lowest price hitting 55.51 during the day. Chengdu Bright is not too volatile given 3 months investment horizon. Chengdu Bright Eye secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of standard deviation over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.36% are justified by taking the suggested risk. Use Chengdu Bright mean deviation of 4.24, and Risk Adjusted Performance of 0.1449 to evaluate company specific risk that cannot be diversified away.
As of December 12, 2024, Total Stockholder Equity is expected to decline to about 1.5 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 139.9 M. Chengdu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chengdu |
Sharpe Ratio = 0.2105
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 301239 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.44 actual daily | 57 57% of assets are less volatile |
Expected Return
| 1.36 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Chengdu Bright is performing at about 16% 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 Chengdu Bright by adding it to a well-diversified portfolio.
Price Book 3.8219 | Enterprise Value Ebitda 83.4696 | Price Sales 3.1527 | Shares Float 70 M | Dividend Share 0.4 |
Related Headline
Xiangyu Medical Headline on 11th of December 2024
Xiangyu MedicalLtd Has A Somewhat Strained Balance Sheet - S... by news.google.com
Xiangyu MedicalLtd Has A Somewhat Strained Balance Sheet Simply Wall St
Chengdu Bright Valuation on December 11, 2024
It is possible to determine the worth of Chengdu Bright on a given historical date. On December 11, 2024 Chengdu was worth 58.58 at the beginning of the trading date compared to the closed value of 56.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chengdu Bright stock. Still, in general, we apply an absolute valuation method to find Chengdu Bright'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 Chengdu Bright where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chengdu Bright's related companies.
| Open | High | Low | Close | Volume | |
| 61.00 | 63.72 | 58.33 | 58.53 | 6,222,838 | |
12/11/2024 | 58.58 | 60.44 | 56.28 | 56.66 | 2,997,271 |
| 56.85 | 57.60 | 55.51 | 56.65 | 3,598,735 |
| Backtest Chengdu Bright | | | Chengdu Bright History | | | Chengdu Bright Valuation | Previous | Next |
Chengdu Bright Trading Date Momentum on December 11, 2024
| On December 12 2024 Chengdu Bright Eye was traded for 56.65 at the closing time. The highest price during the trading period was 57.60 and the lowest recorded bid was listed for 55.51 . The volume for the day was 3.6 M. This history from December 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.02% . The overall trading delta to the current price is 0.34% . |
Chengdu Bright Eye Fundamentals Correlations and Trends
By evaluating Chengdu Bright'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 Chengdu Bright's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chengdu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chengdu Bright Stock history
Chengdu Bright 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 Chengdu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chengdu Bright Eye 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 Chengdu Bright stock prices may prove useful in developing a viable investing in Chengdu Bright
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 172.1 M | 139.9 M |
Chengdu Bright Stock Technical Analysis
Chengdu Bright 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
Chengdu Bright Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Chengdu Bright Eye 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.
Chengdu Bright December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Chengdu Bright stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chengdu Bright shares will generate the highest return on investment. By undertsting and applying Chengdu Bright stock market strength indicators, traders can identify Chengdu Bright Eye entry and exit signals to maximize returns
Chengdu Bright Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chengdu Bright's price direction in advance. Along with the technical and fundamental analysis of Chengdu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chengdu 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 | 0.1449 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | 0.2778 | |||
| Sortino Ratio | 0.2018 | |||
| Treynor Ratio | 1.11 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Chengdu Stock analysis
When running Chengdu Bright's price analysis, check to measure Chengdu Bright'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 Chengdu Bright is operating at the current time. Most of Chengdu Bright's value examination focuses on studying past and present price action to predict the probability of Chengdu Bright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chengdu Bright's price. Additionally, you may evaluate how the addition of Chengdu Bright to your portfolios can decrease your overall portfolio volatility.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |