Wuxi Xinhongye (China) Price on November 7, 2024
| 301310 Stock | 24.59 0.36 1.44% |
If you're considering investing in Wuxi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wuxi Xinhongye stands at 24.59, as last reported on the 28th of November, with the highest price reaching 25.05 and the lowest price hitting 24.59 during the day. Wuxi Xinhongye appears to be not too volatile, given 3 months investment horizon. Wuxi Xinhongye Wire shows Sharpe Ratio of 0.078, which attests that the company had a 0.078% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wuxi Xinhongye Wire, which you can use to evaluate the volatility of the company. Please utilize Wuxi Xinhongye's Downside Deviation of 4.15, market risk adjusted performance of (0.70), and Mean Deviation of 3.12 to validate if our risk estimates are consistent with your expectations.
Wuxi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wuxi |
Sharpe Ratio = 0.078
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| Small Returns | 301310 | |||
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Estimated Market Risk
| 4.49 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Wuxi Xinhongye is performing at about 6% 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 Wuxi Xinhongye by adding it to a well-diversified portfolio.
Price Book 1.5026 | Enterprise Value Ebitda 15.9524 | Price Sales 1.4683 | Shares Float 41.6 M | Dividend Share 0.657 |
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Wuxi Xinhongye Valuation on November 7, 2024
It is possible to determine the worth of Wuxi Xinhongye on a given historical date. On November 7, 2024 Wuxi was worth 25.74 at the beginning of the trading date compared to the closed value of 25.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wuxi Xinhongye stock. Still, in general, we apply an absolute valuation method to find Wuxi Xinhongye'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 Wuxi Xinhongye where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wuxi Xinhongye's related companies.
| Open | High | Low | Close | Volume | |
| 26.13 | 26.40 | 25.60 | 25.82 | 3,531,669 | |
11/07/2024 | 25.74 | 26.05 | 25.56 | 25.97 | 2,761,361 |
| 26.10 | 26.59 | 25.96 | 26.00 | 3,000,111 |
| Backtest Wuxi Xinhongye | | | Wuxi Xinhongye History | | | Wuxi Xinhongye Valuation | Previous | Next |
Wuxi Xinhongye Trading Date Momentum on November 7, 2024
| On November 08 2024 Wuxi Xinhongye Wire was traded for 26.00 at the closing time. The highest price during the trading period was 26.59 and the lowest recorded bid was listed for 25.96 . The volume for the day was 3 M. This history from November 8, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.12% . The trading price change to the current price is 2.43% . |
Wuxi Xinhongye Wire Fundamentals Correlations and Trends
By evaluating Wuxi Xinhongye'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 Wuxi Xinhongye's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wuxi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wuxi Xinhongye Stock history
Wuxi Xinhongye 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 Wuxi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wuxi Xinhongye Wire 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 Wuxi Xinhongye stock prices may prove useful in developing a viable investing in Wuxi Xinhongye
Wuxi Xinhongye Stock Technical Analysis
Wuxi Xinhongye 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
Wuxi Xinhongye Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Wuxi Xinhongye Wire 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.
Wuxi Xinhongye November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Wuxi Xinhongye stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wuxi Xinhongye shares will generate the highest return on investment. By undertsting and applying Wuxi Xinhongye stock market strength indicators, traders can identify Wuxi Xinhongye Wire entry and exit signals to maximize returns
Wuxi Xinhongye Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wuxi Xinhongye's price direction in advance. Along with the technical and fundamental analysis of Wuxi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wuxi 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 | 0.0677 | |||
| Jensen Alpha | 0.3769 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0504 | |||
| Treynor Ratio | (0.71) |
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| Price Transform | ||
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| Volume Indicators |
Complementary Tools for Wuxi Stock analysis
When running Wuxi Xinhongye's price analysis, check to measure Wuxi Xinhongye'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 Wuxi Xinhongye is operating at the current time. Most of Wuxi Xinhongye's value examination focuses on studying past and present price action to predict the probability of Wuxi Xinhongye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wuxi Xinhongye's price. Additionally, you may evaluate how the addition of Wuxi Xinhongye to your portfolios can decrease your overall portfolio volatility.
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