Hangzhou Minsheng (China) Price on December 3, 2024
| 301507 Stock | 13.75 0.13 0.94% |
If you're considering investing in Hangzhou Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hangzhou Minsheng stands at 13.75, as last reported on the 11th of December 2024, with the highest price reaching 14.32 and the lowest price hitting 13.74 during the day. Hangzhou Minsheng appears to be somewhat reliable, given 3 months investment horizon. Hangzhou Minsheng holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hangzhou Minsheng, which you can use to evaluate the volatility of the firm. Please utilize Hangzhou Minsheng's Risk Adjusted Performance of 0.0838, downside deviation of 3.53, and Market Risk Adjusted Performance of (0.52) to validate if our risk estimates are consistent with your expectations.
Hangzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hangzhou |
Sharpe Ratio = 0.1208
| Best Portfolio | Best Equity | |||
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| Small Returns | 301507 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.48 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Hangzhou Minsheng is performing at about 9% 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 Hangzhou Minsheng by adding it to a well-diversified portfolio.
Hangzhou Minsheng Valuation on December 3, 2024
It is possible to determine the worth of Hangzhou Minsheng on a given historical date. On December 3, 2024 Hangzhou was worth 13.9 at the beginning of the trading date compared to the closed value of 13.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hangzhou Minsheng stock. Still, in general, we apply an absolute valuation method to find Hangzhou Minsheng'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 Hangzhou Minsheng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hangzhou Minsheng's related companies.
| Open | High | Low | Close | Volume | |
| 13.58 | 14.00 | 13.56 | 13.95 | 6,267,969 | |
12/03/2024 | 13.90 | 14.14 | 13.83 | 13.95 | 5,491,303 |
| 13.89 | 14.00 | 13.59 | 13.66 | 4,506,467 |
| Backtest Hangzhou Minsheng | | | Hangzhou Minsheng History | | | Hangzhou Minsheng Valuation | Previous | Next |
Hangzhou Minsheng Trading Date Momentum on December 3, 2024
| On December 04 2024 Hangzhou Minsheng Healthcare was traded for 13.66 at the closing time. The highest price during the trading period was 14.00 and the lowest recorded bid was listed for 13.59 . The volume for the day was 4.5 M. This history from December 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.08% . The trading delta at closing time to the current price is 1.51% . |
About Hangzhou Minsheng Stock history
Hangzhou Minsheng 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 Hangzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hangzhou Minsheng 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 Hangzhou Minsheng stock prices may prove useful in developing a viable investing in Hangzhou Minsheng
Hangzhou Minsheng Stock Technical Analysis
Hangzhou Minsheng 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
Hangzhou Minsheng Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Hangzhou Minsheng Healthcare 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.
Hangzhou Minsheng December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Hangzhou Minsheng stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hangzhou Minsheng shares will generate the highest return on investment. By undertsting and applying Hangzhou Minsheng stock market strength indicators, traders can identify Hangzhou Minsheng Healthcare entry and exit signals to maximize returns
Hangzhou Minsheng Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hangzhou Minsheng's price direction in advance. Along with the technical and fundamental analysis of Hangzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hangzhou 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 | 0.0838 | |||
| Jensen Alpha | 0.4201 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0653 | |||
| Treynor Ratio | (0.53) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hangzhou Stock analysis
When running Hangzhou Minsheng's price analysis, check to measure Hangzhou Minsheng'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 Hangzhou Minsheng is operating at the current time. Most of Hangzhou Minsheng's value examination focuses on studying past and present price action to predict the probability of Hangzhou Minsheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hangzhou Minsheng's price. Additionally, you may evaluate how the addition of Hangzhou Minsheng to your portfolios can decrease your overall portfolio volatility.
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