Zhongsheng Group (Germany) Price on November 24, 2023
| 5Z0 Stock | EUR 1.83 0.03 1.61% |
If you're considering investing in Zhongsheng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zhongsheng Group stands at 1.83, as last reported on the 30th of November, with the highest price reaching 1.83 and the lowest price hitting 1.83 during the day. Zhongsheng Group is extremely dangerous given 3 months investment horizon. Zhongsheng Group Holdings shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.03% are justified by taking the suggested risk. Use Zhongsheng Group Holdings Mean Deviation of 4.37, downside deviation of 4.96, and Market Risk Adjusted Performance of 2.46 to evaluate company specific risk that cannot be diversified away.
Zhongsheng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zhongsheng |
Sharpe Ratio = 0.1571
| Best Portfolio | Best Equity | |||
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| Small Returns | 5Z0 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.55 actual daily | 58 58% of assets are less volatile |
Expected Return
| 1.03 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Zhongsheng Group is performing at about 12% 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 Zhongsheng Group by adding it to a well-diversified portfolio.
Zhongsheng Group Valuation on November 24, 2023
It is possible to determine the worth of Zhongsheng Group on a given historical date. On November 24, 2023 Zhongsheng was worth 0.96 at the beginning of the trading date compared to the closed value of 0.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhongsheng Group stock. Still, in general, we apply an absolute valuation method to find Zhongsheng Group'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 Zhongsheng Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhongsheng Group's related companies.
| Open | High | Low | Close | Volume | |
| 1.04 | 1.04 | 1.04 | 1.04 | 1.00 | |
11/24/2023 | 0.96 | 0.96 | 0.96 | 0.96 | 1.00 |
| 0.96 | 0.96 | 0.96 | 0.96 | 1.00 |
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Zhongsheng Group Trading Date Momentum on November 24, 2023
| On November 27 2023 Zhongsheng Group Holdings was traded for 0.96 at the closing time. The highest daily price throughout the period was 0.96 and the lowest price was 0.96 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2023 had no short-term effect on price fluctuation. The trading date delta to current closing price is 5.21% . |
Zhongsheng Group Holdings Fundamentals Correlations and Trends
By evaluating Zhongsheng Group'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 Zhongsheng Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhongsheng financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhongsheng Group Stock history
Zhongsheng Group 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 Zhongsheng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhongsheng Group Holdings 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 Zhongsheng Group stock prices may prove useful in developing a viable investing in Zhongsheng Group
Zhongsheng Group Holdings Limited, an investment holding company, engages in the sale and service of motor vehicles. Zhongsheng Group Holdings Limited was founded in 1998 and is headquartered in Dalian, the Peoples Republic of China. Zhongsheng Group is traded on Frankfurt Stock Exchange in Germany.
Zhongsheng Group Stock Technical Analysis
Zhongsheng Group 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
Zhongsheng Group Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Zhongsheng Group Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Zhongsheng Group November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhongsheng Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhongsheng Group shares will generate the highest return on investment. By undertsting and applying Zhongsheng Group stock market strength indicators, traders can identify Zhongsheng Group Holdings entry and exit signals to maximize returns
Zhongsheng Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhongsheng Group's price direction in advance. Along with the technical and fundamental analysis of Zhongsheng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhongsheng 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 | 0.1306 | |||
| Jensen Alpha | 0.9793 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1827 | |||
| Treynor Ratio | 2.45 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhongsheng Stock analysis
When running Zhongsheng Group's price analysis, check to measure Zhongsheng Group'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 Zhongsheng Group is operating at the current time. Most of Zhongsheng Group's value examination focuses on studying past and present price action to predict the probability of Zhongsheng Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhongsheng Group's price. Additionally, you may evaluate how the addition of Zhongsheng Group to your portfolios can decrease your overall portfolio volatility.
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