Tsingtao Brewery (China) Price on May 23, 2023
| 600600 Stock | 72.98 2.70 3.84% |
Below is the normalized historical share price chart for Tsingtao Brewery Co extending back to August 27, 1993. 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 Tsingtao Brewery stands at 72.98, as last reported on the 30th of November, with the highest price reaching 73.30 and the lowest price hitting 70.56 during the day.
If you're considering investing in Tsingtao Stock, it is important to understand the factors that can impact its price. Tsingtao Brewery appears to be very steady, given 3 months investment horizon. Tsingtao Brewery owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tsingtao Brewery Co, which you can use to evaluate the volatility of the company. Please review Tsingtao Brewery's Risk Adjusted Performance of 0.0969, semi deviation of 2.17, and Coefficient Of Variation of 855.26 to confirm if our risk estimates are consistent with your expectations.
At present, Tsingtao Brewery's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 1.5 B, whereas Common Stock is forecasted to decline to about 1.4 B. . Tsingtao Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of July 1993 | 200 Day MA 73.1454 | 50 Day MA 68.6232 | Beta 0.688 |
Tsingtao |
Sharpe Ratio = 0.1469
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600600 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Tsingtao Brewery is performing at about 11% 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 Tsingtao Brewery by adding it to a well-diversified portfolio.
Price Book 3.3412 | Enterprise Value Ebitda 9.5512 | Price Sales 2.4829 | Shares Float 881.5 M | Wall Street Target Price 76.52 |
Tsingtao Brewery Valuation on May 23, 2023
It is possible to determine the worth of Tsingtao Brewery on a given historical date. On May 23, 2023 Tsingtao was worth 107.36 at the beginning of the trading date compared to the closed value of 103.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tsingtao Brewery stock. Still, in general, we apply an absolute valuation method to find Tsingtao Brewery'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 Tsingtao Brewery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tsingtao Brewery's related companies.
| Open | High | Low | Close | Volume | |
| 106.46 | 109.44 | 105.03 | 106.46 | 6,846,034 | |
05/23/2023 | 107.36 | 107.78 | 103.88 | 103.88 | 4,708,209 |
| 104.43 | 104.50 | 100.89 | 100.89 | 5,315,500 |
| Backtest Tsingtao Brewery | | | Tsingtao Brewery History | | | Tsingtao Brewery Valuation | Previous | Next |
Tsingtao Brewery Trading Date Momentum on May 23, 2023
| On May 24 2023 Tsingtao Brewery Co was traded for 100.89 at the closing time. The highest price during the trading period was 104.50 and the lowest recorded bid was listed for 100.89 . The volume for the day was 5.3 M. This history from May 24, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.88% . The trading price change to the current price is 7.56% . |
Tsingtao Brewery Fundamentals Correlations and Trends
By evaluating Tsingtao Brewery'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 Tsingtao Brewery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tsingtao financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tsingtao Brewery Stock history
Tsingtao Brewery 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 Tsingtao is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tsingtao Brewery 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 Tsingtao Brewery stock prices may prove useful in developing a viable investing in Tsingtao Brewery
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 B | 1.5 B | |
| Net Income Applicable To Common Shares | 3.6 B | 3.8 B |
Tsingtao Brewery Quarterly Net Working Capital |
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Tsingtao Brewery Stock Technical Analysis
Tsingtao Brewery 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
Tsingtao Brewery Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Tsingtao Brewery 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.
Tsingtao Brewery November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Tsingtao Brewery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tsingtao Brewery shares will generate the highest return on investment. By undertsting and applying Tsingtao Brewery stock market strength indicators, traders can identify Tsingtao Brewery Co entry and exit signals to maximize returns
Tsingtao Brewery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tsingtao Brewery's price direction in advance. Along with the technical and fundamental analysis of Tsingtao Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tsingtao 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 | 0.0969 | |||
| Jensen Alpha | 0.2318 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0876 | |||
| Treynor Ratio | 0.3683 |
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| Volume Indicators |
Complementary Tools for Tsingtao Stock analysis
When running Tsingtao Brewery's price analysis, check to measure Tsingtao Brewery'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 Tsingtao Brewery is operating at the current time. Most of Tsingtao Brewery's value examination focuses on studying past and present price action to predict the probability of Tsingtao Brewery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tsingtao Brewery's price. Additionally, you may evaluate how the addition of Tsingtao Brewery to your portfolios can decrease your overall portfolio volatility.
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