Qinghaihuading Industrial (China) Price on May 6, 2024
| 600243 Stock | 4.27 0.04 0.93% |
Below is the normalized historical share price chart for Qinghaihuading Industrial Co extending back to November 22, 2000. 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 Qinghaihuading Industrial stands at 4.27, as last reported on the 27th of November, with the highest price reaching 4.34 and the lowest price hitting 4.25 during the day.
If you're considering investing in Qinghaihuading Stock, it is important to understand the factors that can impact its price. Qinghaihuading Industrial appears to be moderately volatile, given 3 months investment horizon. Qinghaihuading Industrial maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. By analyzing Qinghaihuading Industrial's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please evaluate Qinghaihuading Industrial's Risk Adjusted Performance of 0.1394, semi deviation of 2.94, and Coefficient Of Variation of 580.2 to confirm if our risk estimates are consistent with your expectations.
At present, Qinghaihuading Industrial'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 7.5 M, whereas Common Stock is forecasted to decline to about 307.6 M. . Qinghaihuading Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of November 2000 | 200 Day MA 3.5997 | 50 Day MA 4.3014 | Beta 0.481 |
Qinghaihuading |
Sharpe Ratio = 0.1827
| Best Portfolio | Best Equity | |||
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| Average Returns | ||||
| Small Returns | 600243 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.43 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Qinghaihuading Industrial is performing at about 14% 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 Qinghaihuading Industrial by adding it to a well-diversified portfolio.
Price Book 2.6597 | Book Value 1.782 | Enterprise Value 1.8 B | Enterprise Value Ebitda (13.06) | Price Sales 6.9441 |
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Qinghaihuading Industrial Valuation on May 6, 2024
It is possible to determine the worth of Qinghaihuading Industrial on a given historical date. On May 6, 2024 Qinghaihuading was worth 3.57 at the beginning of the trading date compared to the closed value of 3.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qinghaihuading Industrial stock. Still, in general, we apply an absolute valuation method to find Qinghaihuading Industrial'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 Qinghaihuading Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qinghaihuading Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 3.63 | 3.68 | 3.48 | 3.56 | 15,615,061 | |
05/06/2024 | 3.57 | 3.69 | 3.57 | 3.67 | 12,560,100 |
| 3.68 | 3.71 | 3.60 | 3.66 | 8,751,001 |
| Backtest Qinghaihuading Industrial | | | Qinghaihuading Industrial History | | | Qinghaihuading Industrial Valuation | Previous | Next |
Qinghaihuading Industrial Trading Date Momentum on May 6, 2024
| On May 07 2024 Qinghaihuading Industrial Co was traded for 3.66 at the closing time. The highest price during the trading period was 3.71 and the lowest recorded bid was listed for 3.60 . The volume for the day was 8.8 M. This history from May 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.27% . The trading delta at closing time to the current price is 3.27% . |
Qinghaihuading Industrial Fundamentals Correlations and Trends
By evaluating Qinghaihuading Industrial'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 Qinghaihuading Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Qinghaihuading financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Qinghaihuading Industrial Stock history
Qinghaihuading Industrial 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 Qinghaihuading is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qinghaihuading Industrial 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 Qinghaihuading Industrial stock prices may prove useful in developing a viable investing in Qinghaihuading Industrial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 395 M | 351.1 M | |
| Net Loss | -137.4 M | -130.6 M |
Qinghaihuading Industrial Quarterly Net Working Capital |
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Qinghaihuading Industrial Stock Technical Analysis
Qinghaihuading Industrial 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
Qinghaihuading Industrial Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Qinghaihuading Industrial 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.
Qinghaihuading Industrial November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Qinghaihuading Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qinghaihuading Industrial shares will generate the highest return on investment. By undertsting and applying Qinghaihuading Industrial stock market strength indicators, traders can identify Qinghaihuading Industrial Co entry and exit signals to maximize returns
Qinghaihuading Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Qinghaihuading Industrial's price direction in advance. Along with the technical and fundamental analysis of Qinghaihuading Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Qinghaihuading 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 | 0.1394 | |||
| Jensen Alpha | 0.5204 | |||
| Total Risk Alpha | 0.0465 | |||
| Sortino Ratio | 0.1339 | |||
| Treynor Ratio | 1.74 |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Qinghaihuading Stock analysis
When running Qinghaihuading Industrial's price analysis, check to measure Qinghaihuading Industrial'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 Qinghaihuading Industrial is operating at the current time. Most of Qinghaihuading Industrial's value examination focuses on studying past and present price action to predict the probability of Qinghaihuading Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qinghaihuading Industrial's price. Additionally, you may evaluate how the addition of Qinghaihuading Industrial to your portfolios can decrease your overall portfolio volatility.
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