Harbin Air (China) Price on September 19, 2023
| 600202 Stock | 4.98 0.01 0.20% |
Below is the normalized historical share price chart for Harbin Air Conditioning extending back to July 02, 1999. 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 Harbin Air stands at 4.98, as last reported on the 30th of November, with the highest price reaching 5.02 and the lowest price hitting 4.89 during the day.
If you're considering investing in Harbin Stock, it is important to understand the factors that can impact its price. Harbin Air appears to be moderately volatile, given 3 months investment horizon. Harbin Air Conditioning holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. By evaluating Harbin Air's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Harbin Air's Downside Deviation of 2.62, market risk adjusted performance of (4.56), and Risk Adjusted Performance of 0.173 to validate if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 1.5 M, whereas Total Stockholder Equity is forecasted to decline to about 755.6 M. . Harbin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of April 1999 | 200 Day MA 4.222 | 50 Day MA 4.5406 | Beta 0.642 |
Harbin |
Sharpe Ratio = 0.2294
| Best Portfolio | Best Equity | |||
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| Small Returns | 600202 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Harbin Air is performing at about 18% 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 Harbin Air by adding it to a well-diversified portfolio.
Price Book 2.3041 | Book Value 2.161 | Enterprise Value 2.5 B | Enterprise Value Ebitda 72.1722 | Price Sales 1.4631 |
Harbin Air Valuation on September 19, 2023
It is possible to determine the worth of Harbin Air on a given historical date. On September 19, 2023 Harbin was worth 7.05 at the beginning of the trading date compared to the closed value of 7.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Harbin Air stock. Still, in general, we apply an absolute valuation method to find Harbin Air'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 Harbin Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Harbin Air's related companies.
| Open | High | Low | Close | Volume | |
| 6.14 | 6.82 | 6.12 | 6.82 | 47,832,385 | |
09/19/2023 | 7.05 | 7.50 | 6.95 | 7.50 | 131,015,471 |
| 7.00 | 7.08 | 6.75 | 6.75 | 23,790,725 |
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Harbin Air Trading Date Momentum on September 19, 2023
| On September 20 2023 Harbin Air Conditioning was traded for 6.75 at the closing time. The highest price during the trading period was 7.08 and the lowest recorded bid was listed for 6.75 . The volume for the day was 23.8 M. This history from September 20, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 10.00% . The trading delta at closing time to the current price is 20.93% . |
Harbin Air Conditioning Fundamentals Correlations and Trends
By evaluating Harbin Air'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 Harbin Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Harbin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Harbin Air Stock history
Harbin Air 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 Harbin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Harbin Air Conditioning 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 Harbin Air stock prices may prove useful in developing a viable investing in Harbin Air
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 345 M | 306.7 M | |
| Net Income Applicable To Common Shares | 33.7 M | 43.1 M |
Harbin Air Quarterly Net Working Capital |
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Harbin Air Stock Technical Analysis
Harbin Air 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
Harbin Air Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Harbin Air Conditioning 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.
Harbin Air November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Harbin Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Harbin Air shares will generate the highest return on investment. By undertsting and applying Harbin Air stock market strength indicators, traders can identify Harbin Air Conditioning entry and exit signals to maximize returns
Harbin Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Harbin Air's price direction in advance. Along with the technical and fundamental analysis of Harbin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Harbin 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 | 0.173 | |||
| Jensen Alpha | 0.5602 | |||
| Total Risk Alpha | 0.1183 | |||
| Sortino Ratio | 0.1595 | |||
| Treynor Ratio | (4.57) |
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Complementary Tools for Harbin Stock analysis
When running Harbin Air's price analysis, check to measure Harbin Air'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 Harbin Air is operating at the current time. Most of Harbin Air's value examination focuses on studying past and present price action to predict the probability of Harbin Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harbin Air's price. Additionally, you may evaluate how the addition of Harbin Air to your portfolios can decrease your overall portfolio volatility.
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