Fuyao Glass (China) Price on November 22, 2024

600660 Stock   56.00  0.61  1.08%   
Below is the normalized historical share price chart for Fuyao Glass Industry extending back to June 10, 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 Fuyao Glass stands at 56.00, as last reported on the 1st of December, with the highest price reaching 56.93 and the lowest price hitting 55.88 during the day.
IPO Date
22nd of August 1991
200 Day MA
48.5204
50 Day MA
56.4848
Beta
1.065
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Fuyao Stock, it is important to understand the factors that can impact its price. Fuyao Glass appears to be very steady, given 3 months investment horizon. Fuyao Glass Industry secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fuyao Glass Industry, which you can use to evaluate the volatility of the firm. Please utilize Fuyao Glass' Downside Deviation of 1.56, mean deviation of 1.33, and Coefficient Of Variation of 571.1 to check if our risk estimates are consistent with your expectations.
  
At present, Fuyao Glass' 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 114.2 M, whereas Common Stock is forecasted to decline to about 1.9 B. . Fuyao Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1572

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns600660
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.88
  actual daily
16
84% of assets are more volatile

Expected Return

 0.3
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Fuyao Glass is performing at about 12% 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 Fuyao Glass by adding it to a well-diversified portfolio.
Price Book
4.3761
Enterprise Value Ebitda
16.7326
Price Sales
3.8007
Shares Float
1.9 B
Wall Street Target Price
64.32

Fuyao Glass Valuation on November 22, 2024

It is possible to determine the worth of Fuyao Glass on a given historical date. On November 22, 2024 Fuyao was worth 57.06 at the beginning of the trading date compared to the closed value of 56.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fuyao Glass stock. Still, in general, we apply an absolute valuation method to find Fuyao Glass' 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 Fuyao Glass where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fuyao Glass' related companies.
 Open High Low Close Volume
  57.13    57.30    56.72    57.07    7,248,760  
11/22/2024
  57.06    57.19    56.01    56.01    10,435,281  
  56.01    56.32    54.59    54.80    14,780,166  
Backtest Fuyao Glass  |  Fuyao Glass History  |  Fuyao Glass Valuation   PreviousNext  
Open Value
57.06
56.01
Closing Value
62.71
Upside

Fuyao Glass Trading Date Momentum on November 22, 2024

On November 25 2024 Fuyao Glass Industry was traded for  54.80  at the closing time. The highest price during the trading period was 56.32  and the lowest recorded bid was listed for  54.59 . The volume for the day was 14.8 M. This history from November 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.16% . The overall trading delta to the current price is 1.27% .

Fuyao Glass Industry Fundamentals Correlations and Trends

By evaluating Fuyao Glass' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fuyao Glass' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fuyao financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fuyao Glass Stock history

Fuyao Glass 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 Fuyao is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fuyao Glass Industry 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 Fuyao Glass stock prices may prove useful in developing a viable investing in Fuyao Glass
Last ReportedProjected for Next Year
Common Stock Shares OutstandingB2.8 B
Net Income Applicable To Common Shares5.5 B5.7 B

Fuyao Glass Quarterly Net Working Capital

18.29 Billion

Fuyao Glass Stock Technical Analysis

Fuyao Glass 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.
A focus of Fuyao Glass technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fuyao Glass trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fuyao Glass Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Fuyao Glass Industry 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.

Fuyao Glass December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Fuyao Glass stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fuyao Glass shares will generate the highest return on investment. By undertsting and applying Fuyao Glass stock market strength indicators, traders can identify Fuyao Glass Industry entry and exit signals to maximize returns

Fuyao Glass Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fuyao Glass' price direction in advance. Along with the technical and fundamental analysis of Fuyao Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fuyao 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.

Complementary Tools for Fuyao Stock analysis

When running Fuyao Glass' price analysis, check to measure Fuyao Glass' 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 Fuyao Glass is operating at the current time. Most of Fuyao Glass' value examination focuses on studying past and present price action to predict the probability of Fuyao Glass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fuyao Glass' price. Additionally, you may evaluate how the addition of Fuyao Glass to your portfolios can decrease your overall portfolio volatility.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments