GKHT Medical (China) Price on September 30, 2024

301370 Stock   11.88  0.22  1.89%   
If you're considering investing in GKHT Stock, it is important to understand the factors that can impact its price. As of today, the current price of GKHT Medical stands at 11.88, as last reported on the 29th of November, with the highest price reaching 12.12 and the lowest price hitting 11.63 during the day. GKHT Medical appears to be somewhat reliable, given 3 months investment horizon. GKHT Medical Technology holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of return volatility over the last 3 months. By examining GKHT Medical's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize GKHT Medical's Risk Adjusted Performance of 0.0922, market risk adjusted performance of (2.61), and Semi Deviation of 3.4 to validate if our risk estimates are consistent with your expectations.
  
GKHT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1415

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Estimated Market Risk

 4.0
  actual daily
35
65% of assets are more volatile

Expected Return

 0.57
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average GKHT Medical is performing at about 11% 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 GKHT Medical by adding it to a well-diversified portfolio.
Price Book
2.2433
Enterprise Value Ebitda
22.4304
Price Sales
0.7525
Shares Float
231.9 M
Dividend Share
0.118

GKHT Medical Main Headline on 30th of September 2024

Earnings Not Telling The Story For GKHT Medical Technology Co., Ltd. After Shares Rise 31 Simply Wall St

GKHT Medical Valuation on September 30, 2024

It is possible to determine the worth of GKHT Medical on a given historical date. On September 30, 2024 GKHT was worth 10.9 at the beginning of the trading date compared to the closed value of 12.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GKHT Medical stock. Still, in general, we apply an absolute valuation method to find GKHT Medical'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 GKHT Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GKHT Medical's related companies.
 Open High Low Close Volume
  10.10    10.71    9.99    10.46    10,334,067  
09/30/2024
  10.90    12.12    10.59    12.00    18,472,259  
  14.30    14.30    12.22    13.39    19,947,660  
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Open Value
10.9
12.0
Closing Value
22.90
Upside

GKHT Medical Trading Date Momentum on September 30, 2024

On October 08 2024 GKHT Medical Technology was traded for  13.39  at the closing time. The highest price during the trading period was 14.30  and the lowest recorded bid was listed for  12.22 . The volume for the day was 19.9 M. This history from October 8, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 11.58% . The overall trading delta to the current price is 0.42% .

GKHT Medical Technology Fundamentals Correlations and Trends

By evaluating GKHT Medical'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 GKHT Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GKHT financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About GKHT Medical Stock history

GKHT Medical 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 GKHT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GKHT Medical Technology 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 GKHT Medical stock prices may prove useful in developing a viable investing in GKHT Medical

GKHT Medical Stock Technical Analysis

GKHT Medical 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 GKHT Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GKHT Medical 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

GKHT Medical Period Price Range

Low
November 29, 2024
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High

 0.00 

     

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GKHT Medical 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.

GKHT Medical November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how GKHT Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GKHT Medical shares will generate the highest return on investment. By undertsting and applying GKHT Medical stock market strength indicators, traders can identify GKHT Medical Technology entry and exit signals to maximize returns

GKHT Medical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for GKHT Medical's price direction in advance. Along with the technical and fundamental analysis of GKHT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GKHT 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 GKHT Stock analysis

When running GKHT Medical's price analysis, check to measure GKHT Medical'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 GKHT Medical is operating at the current time. Most of GKHT Medical's value examination focuses on studying past and present price action to predict the probability of GKHT Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GKHT Medical's price. Additionally, you may evaluate how the addition of GKHT Medical to your portfolios can decrease your overall portfolio volatility.
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