Xinhu Zhongbao (China) Price on April 21, 2023
| 600208 Stock | 3.16 0.19 6.40% |
Below is the normalized historical share price chart for Xinhu Zhongbao Co extending back to June 23, 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 Xinhu Zhongbao stands at 3.16, as last reported on the 3rd of December, with the highest price reaching 3.26 and the lowest price hitting 2.97 during the day.
If you're considering investing in Xinhu Stock, it is important to understand the factors that can impact its price. Xinhu Zhongbao appears to be very risky, given 3 months investment horizon. Xinhu Zhongbao shows Sharpe Ratio of 0.25, which attests that the company had a 0.25% return per unit of risk over the last 3 months. By examining Xinhu Zhongbao's technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please utilize Xinhu Zhongbao's Market Risk Adjusted Performance of (1.42), mean deviation of 2.77, and Downside Deviation of 2.77 to validate if our risk estimates are consistent with your expectations.
At present, Xinhu Zhongbao's Total Stockholder Equity 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 36.8 M, whereas Common Stock is forecasted to decline to about 5.2 B. . Xinhu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.1388 | 50 Day MA 2.7574 | Beta 0.616 |
Xinhu |
Sharpe Ratio = 0.2494
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600208 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.94 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Xinhu Zhongbao is performing at about 19% 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 Xinhu Zhongbao by adding it to a well-diversified portfolio.
Price Book 0.611 | Enterprise Value Ebitda 6.6256 | Price Sales 0.9739 | Shares Float 3.5 B | Wall Street Target Price 3.5 |
Xinhu Zhongbao Valuation on April 21, 2023
It is possible to determine the worth of Xinhu Zhongbao on a given historical date. On April 21, 2023 Xinhu was worth 2.92 at the beginning of the trading date compared to the closed value of 2.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xinhu Zhongbao stock. Still, in general, we apply an absolute valuation method to find Xinhu Zhongbao'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 Xinhu Zhongbao where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xinhu Zhongbao's related companies.
| Open | High | Low | Close | Volume | |
| 2.91 | 2.92 | 2.86 | 2.91 | 69,851,638 | |
04/21/2023 | 2.92 | 2.94 | 2.82 | 2.83 | 87,079,966 |
| 2.82 | 2.86 | 2.78 | 2.82 | 70,813,291 |
| Backtest Xinhu Zhongbao | | | Xinhu Zhongbao History | | | Xinhu Zhongbao Valuation | Previous | Next |
Xinhu Zhongbao Trading Date Momentum on April 21, 2023
| On April 24 2023 Xinhu Zhongbao Co was traded for 2.82 at the closing time. The highest price during the trading period was 2.86 and the lowest recorded bid was listed for 2.78 . The volume for the day was 70.8 M. This history from April 24, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.35% . The trading price change to the current price is 2.12% . |
Xinhu Zhongbao Fundamentals Correlations and Trends
By evaluating Xinhu Zhongbao'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 Xinhu Zhongbao's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xinhu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xinhu Zhongbao Stock history
Xinhu Zhongbao 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 Xinhu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xinhu Zhongbao 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 Xinhu Zhongbao stock prices may prove useful in developing a viable investing in Xinhu Zhongbao
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8.5 B | 6.9 B | |
| Net Income Applicable To Common Shares | 2.6 B | 2.1 B |
Xinhu Zhongbao Quarterly Net Working Capital |
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Xinhu Zhongbao Stock Technical Analysis
Xinhu Zhongbao 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
Xinhu Zhongbao Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Xinhu Zhongbao Co 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.
Xinhu Zhongbao December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Xinhu Zhongbao stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xinhu Zhongbao shares will generate the highest return on investment. By undertsting and applying Xinhu Zhongbao stock market strength indicators, traders can identify Xinhu Zhongbao Co entry and exit signals to maximize returns
Xinhu Zhongbao Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xinhu Zhongbao's price direction in advance. Along with the technical and fundamental analysis of Xinhu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xinhu 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 | 0.225 | |||
| Jensen Alpha | 1.15 | |||
| Total Risk Alpha | 0.4996 | |||
| Sortino Ratio | 0.3441 | |||
| Treynor Ratio | (1.43) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Xinhu Stock analysis
When running Xinhu Zhongbao's price analysis, check to measure Xinhu Zhongbao'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 Xinhu Zhongbao is operating at the current time. Most of Xinhu Zhongbao's value examination focuses on studying past and present price action to predict the probability of Xinhu Zhongbao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinhu Zhongbao's price. Additionally, you may evaluate how the addition of Xinhu Zhongbao to your portfolios can decrease your overall portfolio volatility.
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