Wanhua Chemical (China) Price on May 28, 2024
| 600309 Stock | 73.89 2.90 3.78% |
Below is the normalized historical share price chart for Wanhua Chemical Group extending back to January 05, 2001. 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 Wanhua Chemical stands at 73.89, as last reported on the 22nd of November, with the highest price reaching 76.50 and the lowest price hitting 73.77 during the day.
If you're considering investing in Wanhua Stock, it is important to understand the factors that can impact its price. At this point, Wanhua Chemical is very steady. Wanhua Chemical Group shows Sharpe Ratio of 0.0509, which attests that the company had a 0.0509% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wanhua Chemical Group, which you can use to evaluate the volatility of the company. Please check out Wanhua Chemical's Mean Deviation of 1.67, market risk adjusted performance of (0.28), and Downside Deviation of 2.31 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
The current year's Total Stockholder Equity is expected to grow to about 93.1 B, whereas Common Stock is forecasted to decline to about 2 B. . Wanhua Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of December 2000 | 200 Day MA 80.7008 | 50 Day MA 79.8454 | Beta 0.915 |
Wanhua |
Sharpe Ratio = 0.0509
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| Cash | Small Risk | 600309 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Wanhua Chemical is performing at about 4% 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 Wanhua Chemical by adding it to a well-diversified portfolio.
Price Book 2.5869 | Enterprise Value Ebitda 14.6931 | Price Sales 1.2184 | Shares Float 1.7 B | Wall Street Target Price 98.76 |
Wanhua Chemical Valuation on May 28, 2024
It is possible to determine the worth of Wanhua Chemical on a given historical date. On May 28, 2024 Wanhua was worth 90.54 at the beginning of the trading date compared to the closed value of 90.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wanhua Chemical stock. Still, in general, we apply an absolute valuation method to find Wanhua Chemical'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 Wanhua Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wanhua Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 88.43 | 90.85 | 88.40 | 90.54 | 10,815,248 | |
05/28/2024 | 90.54 | 91.01 | 90.01 | 90.12 | 7,434,625 |
| 89.85 | 91.26 | 89.85 | 90.43 | 8,814,588 |
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Wanhua Chemical Trading Date Momentum on May 28, 2024
| On May 29 2024 Wanhua Chemical Group was traded for 90.43 at the closing time. The highest price during the trading period was 91.26 and the lowest recorded bid was listed for 89.85 . The volume for the day was 8.8 M. This history from May 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.34% . The trading price change to the current price is 0.45% . |
Wanhua Chemical Group Fundamentals Correlations and Trends
By evaluating Wanhua Chemical'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 Wanhua Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wanhua financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wanhua Chemical Stock history
Wanhua Chemical 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 Wanhua is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wanhua Chemical Group 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 Wanhua Chemical stock prices may prove useful in developing a viable investing in Wanhua Chemical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.6 B | 3.3 B | |
| Net Income Applicable To Common Shares | 28.3 B | 29.8 B |
Wanhua Chemical Stock Technical Analysis
Wanhua Chemical 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
Wanhua Chemical Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Wanhua Chemical Group 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.
Wanhua Chemical November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Wanhua Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wanhua Chemical shares will generate the highest return on investment. By undertsting and applying Wanhua Chemical stock market strength indicators, traders can identify Wanhua Chemical Group entry and exit signals to maximize returns
Wanhua Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wanhua Chemical's price direction in advance. Along with the technical and fundamental analysis of Wanhua Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wanhua 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 | 0.0395 | |||
| Jensen Alpha | 0.1246 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.29) |
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Complementary Tools for Wanhua Stock analysis
When running Wanhua Chemical's price analysis, check to measure Wanhua Chemical'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 Wanhua Chemical is operating at the current time. Most of Wanhua Chemical's value examination focuses on studying past and present price action to predict the probability of Wanhua Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wanhua Chemical's price. Additionally, you may evaluate how the addition of Wanhua Chemical to your portfolios can decrease your overall portfolio volatility.
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