Datang Telecom (China) Price on November 26, 2024
| 600198 Stock | 10.42 0.09 0.87% |
Below is the normalized historical share price chart for Datang Telecom Technology extending back to October 22, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Datang Telecom stands at 10.42, as last reported on the 30th of November, with the highest price reaching 10.50 and the lowest price hitting 10.14 during the day.
If you're considering investing in Datang Stock, it is important to understand the factors that can impact its price. Datang Telecom is moderately volatile given 3 months investment horizon. Datang Telecom Technology secures Sharpe Ratio (or Efficiency) of 0.23, which denotes the company had a 0.23% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.44% are justified by taking the suggested risk. Use Datang Telecom Mean Deviation of 4.69, coefficient of variation of 473.92, and Downside Deviation of 5.74 to evaluate company specific risk that cannot be diversified away.
At present, Datang Telecom's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 7.4 M, whereas Total Stockholder Equity is forecasted to decline to about 294.5 M. . Datang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of August 1998 | 200 Day MA 6.6958 | 50 Day MA 10.3422 | Beta 0.559 |
Datang |
Sharpe Ratio = 0.2269
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 600198 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.33 actual daily | 56 56% of assets are less volatile |
Expected Return
| 1.44 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Datang Telecom is performing at about 17% 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 Datang Telecom by adding it to a well-diversified portfolio.
Price Book 61.7628 | Book Value 0.169 | Enterprise Value 13.6 B | Enterprise Value Ebitda 73.4813 | Price Sales 13.4882 |
Datang Telecom Valuation on November 26, 2024
It is possible to determine the worth of Datang Telecom on a given historical date. On November 26, 2024 Datang was worth 10.33 at the beginning of the trading date compared to the closed value of 10.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Datang Telecom stock. Still, in general, we apply an absolute valuation method to find Datang Telecom'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 Datang Telecom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Datang Telecom's related companies.
| Open | High | Low | Close | Volume | |
| 10.35 | 10.50 | 10.09 | 10.28 | 38,882,741 | |
11/26/2024 | 10.33 | 10.76 | 10.28 | 10.31 | 38,518,801 |
| 10.29 | 10.45 | 9.95 | 10.45 | 37,943,900 |
| Backtest Datang Telecom | | | Datang Telecom History | | | Datang Telecom Valuation | Previous | Next |
Datang Telecom Trading Date Momentum on November 26, 2024
| On November 27 2024 Datang Telecom Technology was traded for 10.45 at the closing time. The highest price during the trading period was 10.45 and the lowest recorded bid was listed for 9.95 . The volume for the day was 37.9 M. This history from November 27, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.36% . The overall trading delta to the current price is 0.97% . |
Datang Telecom Technology Fundamentals Correlations and Trends
By evaluating Datang Telecom'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 Datang Telecom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Datang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Datang Telecom Stock history
Datang Telecom 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 Datang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Datang Telecom 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 Datang Telecom stock prices may prove useful in developing a viable investing in Datang Telecom
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.2 B | |
| Net Loss | -45.9 M | -48.1 M |
Datang Telecom Stock Technical Analysis
Datang Telecom 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
Datang Telecom Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Datang Telecom Technology 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.
Datang Telecom November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Datang Telecom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Datang Telecom shares will generate the highest return on investment. By undertsting and applying Datang Telecom stock market strength indicators, traders can identify Datang Telecom Technology entry and exit signals to maximize returns
Datang Telecom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Datang Telecom's price direction in advance. Along with the technical and fundamental analysis of Datang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Datang 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 | 0.17 | |||
| Jensen Alpha | 1.38 | |||
| Total Risk Alpha | 0.2532 | |||
| Sortino Ratio | 0.1956 | |||
| Treynor Ratio | (1.24) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Datang Stock analysis
When running Datang Telecom's price analysis, check to measure Datang Telecom'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 Datang Telecom is operating at the current time. Most of Datang Telecom's value examination focuses on studying past and present price action to predict the probability of Datang Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datang Telecom's price. Additionally, you may evaluate how the addition of Datang Telecom to your portfolios can decrease your overall portfolio volatility.
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