GKHT Medical (China) Price on November 20, 2024
| 301370 Stock | 12.12 0.11 0.92% |
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 12.12, as last reported on the 11th of December 2024, with the highest price reaching 12.37 and the lowest price hitting 12.06 during the day. GKHT Medical appears to be somewhat reliable, given 3 months investment horizon. GKHT Medical Technology holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% 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 0.1022, market risk adjusted performance of (8.62), and Semi Deviation of 3.29 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.
GKHT |
Sharpe Ratio = 0.1455
| Best Portfolio | Best Equity | |||
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| Small Returns | 301370 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.92 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.15 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 2.3068 | Enterprise Value Ebitda 23.0218 | Price Sales 0.7677 | Shares Float 231.9 M | Dividend Share 0.118 |
GKHT Medical Valuation on November 20, 2024
It is possible to determine the worth of GKHT Medical on a given historical date. On November 20, 2024 GKHT was worth 12.11 at the beginning of the trading date compared to the closed value of 12.12. 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 | |
| 11.40 | 11.76 | 11.39 | 11.76 | 5,682,456 | |
11/20/2024 | 12.11 | 12.25 | 11.70 | 12.12 | 7,467,463 |
| 12.11 | 12.17 | 11.85 | 12.02 | 5,976,586 |
| Backtest GKHT Medical | | | GKHT Medical History | | | GKHT Medical Valuation | Previous | Next |
GKHT Medical Trading Date Momentum on November 20, 2024
| On November 21 2024 GKHT Medical Technology was traded for 12.02 at the closing time. The highest price during the trading period was 12.17 and the lowest recorded bid was listed for 11.85 . The volume for the day was 6 M. This history from November 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.83% . The overall trading delta to the current price is 1.24% . |
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.
Price Boundaries
GKHT Medical Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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 December 11, 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.
| Risk Adjusted Performance | 0.1022 | |||
| Jensen Alpha | 0.4851 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0973 | |||
| Treynor Ratio | (8.63) |
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| Volume Indicators |
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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