Anhui Conch (China) Price on March 22, 2024
| 600585 Stock | 25.64 0.02 0.08% |
Below is the normalized historical share price chart for Anhui Conch Cement extending back to February 07, 2002. 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 Anhui Conch stands at 25.64, as last reported on the 3rd of December, with the highest price reaching 25.85 and the lowest price hitting 25.47 during the day.
If you're considering investing in Anhui Stock, it is important to understand the factors that can impact its price. Anhui Conch appears to be very steady, given 3 months investment horizon. Anhui Conch Cement secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Anhui Conch Cement, which you can use to evaluate the volatility of the firm. Please makes use of Anhui Conch's risk adjusted performance of 0.1065, and Mean Deviation of 1.67 to double-check if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 194.6 B, whereas Common Stock is forecasted to decline to about 3.8 B. . Anhui Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of October 1997 | 200 Day MA 23.7518 | 50 Day MA 25.0226 | Beta 0.618 |
Anhui |
Sharpe Ratio = 0.1665
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600585 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Anhui Conch is performing at about 13% 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 Anhui Conch by adding it to a well-diversified portfolio.
Price Book 0.7325 | Enterprise Value Ebitda 8.2316 | Price Sales 1.1772 | Shares Float 3.2 B | Wall Street Target Price 28.18 |
Anhui Conch Valuation on March 22, 2024
It is possible to determine the worth of Anhui Conch on a given historical date. On March 22, 2024 Anhui was worth 22.56 at the beginning of the trading date compared to the closed value of 22.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Anhui Conch stock. Still, in general, we apply an absolute valuation method to find Anhui Conch'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 Anhui Conch where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Anhui Conch's related companies.
| Open | High | Low | Close | Volume | |
| 22.73 | 22.90 | 22.52 | 22.63 | 19,942,840 | |
03/22/2024 | 22.56 | 22.63 | 22.19 | 22.27 | 19,383,605 |
| 22.24 | 22.57 | 22.09 | 22.39 | 18,019,048 |
| Backtest Anhui Conch | | | Anhui Conch History | | | Anhui Conch Valuation | Previous | Next |
Anhui Conch Trading Date Momentum on March 22, 2024
| On March 25 2024 Anhui Conch Cement was traded for 22.39 at the closing time. The highest price during the trading period was 22.57 and the lowest recorded bid was listed for 22.09 . The volume for the day was 18 M. This history from March 25, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.54% . The overall trading delta to the current price is 0.18% . |
Anhui Conch Cement Fundamentals Correlations and Trends
By evaluating Anhui Conch'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 Anhui Conch's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Anhui financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Anhui Conch Stock history
Anhui Conch 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 Anhui is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Anhui Conch Cement 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 Anhui Conch stock prices may prove useful in developing a viable investing in Anhui Conch
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.8 B | 4.2 B | |
| Net Income Applicable To Common Shares | 18 B | 11.8 B |
Anhui Conch Quarterly Net Working Capital |
|
Anhui Conch Stock Technical Analysis
Anhui Conch 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
Anhui Conch Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Anhui Conch Cement 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.
Anhui Conch December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Anhui Conch stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Anhui Conch shares will generate the highest return on investment. By undertsting and applying Anhui Conch stock market strength indicators, traders can identify Anhui Conch Cement entry and exit signals to maximize returns
Anhui Conch Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Anhui Conch's price direction in advance. Along with the technical and fundamental analysis of Anhui Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Anhui 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 | 0.1065 | |||
| Jensen Alpha | 0.2642 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0976 | |||
| Treynor Ratio | 0.9083 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Anhui Stock analysis
When running Anhui Conch's price analysis, check to measure Anhui Conch'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 Anhui Conch is operating at the current time. Most of Anhui Conch's value examination focuses on studying past and present price action to predict the probability of Anhui Conch's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anhui Conch's price. Additionally, you may evaluate how the addition of Anhui Conch to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |