Top Choice (China) Price on August 8, 2024
| 600763 Stock | 48.17 0.65 1.33% |
Below is the normalized historical share price chart for Top Choice Medical extending back to December 11, 1996. 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 Top Choice stands at 48.17, as last reported on the 26th of November, with the highest price reaching 49.25 and the lowest price hitting 47.60 during the day.
If you're considering investing in Top Stock, it is important to understand the factors that can impact its price. Top Choice appears to be very steady, given 3 months investment horizon. Top Choice Medical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0871, which indicates the firm had a 0.0871% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Top Choice Medical, which you can use to evaluate the volatility of the company. Please review Top Choice's Coefficient Of Variation of 1974.16, semi deviation of 2.96, and Risk Adjusted Performance of 0.0465 to confirm if our risk estimates are consistent with your expectations.
At present, Top Choice's 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 45.4 M, whereas Common Stock is forecasted to decline to about 232.5 M. . Top Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of October 1996 | 200 Day MA 44.9836 | 50 Day MA 49.997 | Beta 0.642 |
Top |
Sharpe Ratio = 0.0871
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600763 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Top Choice is performing at about 6% 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 Top Choice by adding it to a well-diversified portfolio.
Price Book 5.2214 | Enterprise Value Ebitda 29.6786 | Price Sales 7.4198 | Shares Float 278.8 M | Wall Street Target Price 50.46 |
Top Choice Valuation on August 8, 2024
It is possible to determine the worth of Top Choice on a given historical date. On August 8, 2024 Top was worth 44.99 at the beginning of the trading date compared to the closed value of 44.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Top Choice stock. Still, in general, we apply an absolute valuation method to find Top Choice'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 Top Choice where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Top Choice's related companies.
| Open | High | Low | Close | Volume | |
| 46.33 | 46.50 | 44.90 | 45.08 | 10,752,784 | |
08/08/2024 | 44.99 | 45.63 | 44.63 | 44.77 | 6,679,175 |
| 44.75 | 45.60 | 43.84 | 43.86 | 7,368,567 |
| Backtest Top Choice | | | Top Choice History | | | Top Choice Valuation | Previous | Next |
Top Choice Trading Date Momentum on August 8, 2024
| On August 09 2024 Top Choice Medical was traded for 43.86 at the closing time. The highest price during the trading period was 45.60 and the lowest recorded bid was listed for 43.84 . The volume for the day was 7.4 M. This history from August 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.03% . The trading price change to the current price is 1.09% . |
Top Choice Medical Fundamentals Correlations and Trends
By evaluating Top Choice'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 Top Choice's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Top financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Top Choice Stock history
Top Choice 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 Top is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Top Choice Medical 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 Top Choice stock prices may prove useful in developing a viable investing in Top Choice
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 516.4 M | 393.1 M | |
| Net Income Applicable To Common Shares | 808.2 M | 848.6 M |
Top Choice Quarterly Net Working Capital |
|
Top Choice Stock Technical Analysis
Top Choice 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
Top Choice Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Top Choice Medical 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.
Top Choice November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Top Choice stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Top Choice shares will generate the highest return on investment. By undertsting and applying Top Choice stock market strength indicators, traders can identify Top Choice Medical entry and exit signals to maximize returns
Top Choice Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Top Choice's price direction in advance. Along with the technical and fundamental analysis of Top Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Top 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 | 0.0465 | |||
| Jensen Alpha | 0.2402 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0145 | |||
| Treynor Ratio | (0.25) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Top Stock analysis
When running Top Choice's price analysis, check to measure Top Choice'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 Top Choice is operating at the current time. Most of Top Choice's value examination focuses on studying past and present price action to predict the probability of Top Choice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top Choice's price. Additionally, you may evaluate how the addition of Top Choice to your portfolios can decrease your overall portfolio volatility.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |