Long Yuan (China) Price on May 29, 2024
| 600491 Stock | 3.83 0.03 0.78% |
Below is the normalized historical share price chart for Long Yuan Construction extending back to May 24, 2004. 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 Long Yuan stands at 3.83, as last reported on the 30th of November, with the highest price reaching 3.95 and the lowest price hitting 3.80 during the day.
If you're considering investing in Long Stock, it is important to understand the factors that can impact its price. Long Yuan appears to be unstable, given 3 months investment horizon. Long Yuan Construction has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. By analyzing Long Yuan's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please exercise Long Yuan's Risk Adjusted Performance of 0.1515, downside deviation of 3.38, and Mean Deviation of 2.63 to check out if our risk estimates are consistent with your expectations.
At present, Long Yuan's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 1.8 B, whereas Other Stockholder Equity is forecasted to decline to about 353.1 M. . Long Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of April 2004 | 200 Day MA 2.8955 | 50 Day MA 3.5948 | Beta 0.443 |
Long |
Sharpe Ratio = 0.2112
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600491 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.71 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Long Yuan is performing at about 16% 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 Long Yuan by adding it to a well-diversified portfolio.
Price Book 0.5601 | Enterprise Value Ebitda 152.945 | Price Sales 0.6822 | Shares Float 992.6 M | Wall Street Target Price 8 |
Long Yuan Valuation on May 29, 2024
It is possible to determine the worth of Long Yuan on a given historical date. On May 29, 2024 Long was worth 2.58 at the beginning of the trading date compared to the closed value of 2.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Long Yuan stock. Still, in general, we apply an absolute valuation method to find Long Yuan'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 Long Yuan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Long Yuan's related companies.
| Open | High | Low | Close | Volume | |
| 2.66 | 2.66 | 2.58 | 2.59 | 14,954,200 | |
05/29/2024 | 2.58 | 2.66 | 2.54 | 2.56 | 19,010,765 |
| 2.57 | 2.57 | 2.46 | 2.47 | 19,154,677 |
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Long Yuan Trading Date Momentum on May 29, 2024
| On May 30 2024 Long Yuan Construction was traded for 2.47 at the closing time. The highest price during the trading period was 2.57 and the lowest recorded bid was listed for 2.46 . The volume for the day was 19.2 M. This history from May 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.52% . The trading delta at closing time to the current price is 4.30% . |
Long Yuan Construction Fundamentals Correlations and Trends
By evaluating Long Yuan'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 Long Yuan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Long financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Long Yuan Stock history
Long Yuan 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 Long is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Long Yuan Construction 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 Long Yuan stock prices may prove useful in developing a viable investing in Long Yuan
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.8 B | 1.6 B | |
| Net Income Applicable To Common Shares | 767.4 M | 805.8 M |
Long Yuan Stock Technical Analysis
Long Yuan 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
Long Yuan Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Long Yuan Construction 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.
Long Yuan November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Long Yuan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Long Yuan shares will generate the highest return on investment. By undertsting and applying Long Yuan stock market strength indicators, traders can identify Long Yuan Construction entry and exit signals to maximize returns
Long Yuan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Long Yuan's price direction in advance. Along with the technical and fundamental analysis of Long Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Long 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 | 0.1515 | |||
| Jensen Alpha | 0.7726 | |||
| Total Risk Alpha | 0.0662 | |||
| Sortino Ratio | 0.1611 | |||
| Treynor Ratio | (0.86) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Long Stock analysis
When running Long Yuan's price analysis, check to measure Long Yuan'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 Long Yuan is operating at the current time. Most of Long Yuan's value examination focuses on studying past and present price action to predict the probability of Long Yuan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Long Yuan's price. Additionally, you may evaluate how the addition of Long Yuan to your portfolios can decrease your overall portfolio volatility.
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