Zhengzhou Yutong (China) Price on December 13, 2024
| 600066 Stock | 28.74 0.46 1.63% |
If you're considering investing in Zhengzhou Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zhengzhou Yutong stands at 28.74, as last reported on the 23rd of January, with the highest price reaching 29.09 and the lowest price hitting 28.25 during the day. Zhengzhou Yutong appears to be very steady, given 3 months investment horizon. Zhengzhou Yutong Bus shows Sharpe Ratio of 0.12, which attests that the company had a 0.12 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Zhengzhou Yutong Bus, which you can use to evaluate the volatility of the company. Please utilize Zhengzhou Yutong's Mean Deviation of 1.58, downside deviation of 2.1, and Market Risk Adjusted Performance of 1.98 to validate if our risk estimates are consistent with your expectations.
Zhengzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zhengzhou |
Sharpe Ratio = 0.1198
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600066 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Zhengzhou Yutong 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 Zhengzhou Yutong by adding it to a well-diversified portfolio.
Zhengzhou Yutong Valuation on December 13, 2024
It is possible to determine the worth of Zhengzhou Yutong on a given historical date. On December 13, 2024 Zhengzhou was worth 23.46 at the beginning of the trading date compared to the closed value of 23.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhengzhou Yutong stock. Still, in general, we apply an absolute valuation method to find Zhengzhou Yutong'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 Zhengzhou Yutong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhengzhou Yutong's related companies.
| Open | High | Low | Close | Volume | |
| 23.78 | 23.85 | 23.07 | 23.46 | 37,430,932 | |
12/13/2024 | 23.46 | 23.89 | 23.26 | 23.68 | 74,478,222 |
| 23.63 | 24.06 | 23.35 | 23.90 | 47,627,752 |
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Zhengzhou Yutong Trading Date Momentum on December 13, 2024
| On December 16 2024 Zhengzhou Yutong Bus was traded for 23.90 at the closing time. The highest price during the trading period was 24.06 and the lowest recorded bid was listed for 23.35 . The volume for the day was 47.6 M. This history from December 16, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.93% . The trading date delta to the current price is 4.81% . |
Zhengzhou Yutong Bus Fundamentals Correlations and Trends
By evaluating Zhengzhou Yutong'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 Zhengzhou Yutong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhengzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhengzhou Yutong Stock history
Zhengzhou Yutong 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 Zhengzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhengzhou Yutong Bus 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 Zhengzhou Yutong stock prices may prove useful in developing a viable investing in Zhengzhou Yutong
Zhengzhou Yutong Stock Technical Analysis
Zhengzhou Yutong 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
Zhengzhou Yutong Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
Zhengzhou Yutong Bus cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.
Zhengzhou Yutong January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Zhengzhou Yutong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhengzhou Yutong shares will generate the highest return on investment. By undertsting and applying Zhengzhou Yutong stock market strength indicators, traders can identify Zhengzhou Yutong Bus entry and exit signals to maximize returns
Zhengzhou Yutong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhengzhou Yutong's price direction in advance. Along with the technical and fundamental analysis of Zhengzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhengzhou 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 | 0.1071 | |||
| Jensen Alpha | 0.2439 | |||
| Total Risk Alpha | 0.1827 | |||
| Sortino Ratio | 0.1058 | |||
| Treynor Ratio | 1.97 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhengzhou Stock analysis
When running Zhengzhou Yutong's price analysis, check to measure Zhengzhou Yutong'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 Zhengzhou Yutong is operating at the current time. Most of Zhengzhou Yutong's value examination focuses on studying past and present price action to predict the probability of Zhengzhou Yutong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhengzhou Yutong's price. Additionally, you may evaluate how the addition of Zhengzhou Yutong to your portfolios can decrease your overall portfolio volatility.
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