Zhangjiagang Freetrade (China) Price on November 27, 2024
| 600794 Stock | 4.00 0.11 2.68% |
Below is the normalized historical share price chart for Zhangjiagang Freetrade Science extending back to March 06, 1997. 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 Zhangjiagang Freetrade stands at 4.00, as last reported on the 3rd of December, with the highest price reaching 4.15 and the lowest price hitting 3.99 during the day.
If you're considering investing in Zhangjiagang Stock, it is important to understand the factors that can impact its price. Zhangjiagang Freetrade appears to be slightly risky, given 3 months investment horizon. Zhangjiagang Freetrade shows Sharpe Ratio of 0.22, which attests that the company had a 0.22% return per unit of risk over the last 3 months. By examining Zhangjiagang Freetrade's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Zhangjiagang Freetrade's Mean Deviation of 1.73, market risk adjusted performance of 0.9329, and Downside Deviation of 2.73 to validate if our risk estimates are consistent with your expectations.
At present, Zhangjiagang Freetrade'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 1.5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 969.7 M. . Zhangjiagang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of February 1997 | 200 Day MA 3.3722 | 50 Day MA 3.456 | Beta 0.566 |
Zhangjiagang |
Sharpe Ratio = 0.2153
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600794 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.78 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Zhangjiagang Freetrade 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 Zhangjiagang Freetrade by adding it to a well-diversified portfolio.
Price Book 1.9325 | Enterprise Value Ebitda 11.4338 | Price Sales 4.819 | Shares Float 659.6 M | Wall Street Target Price 5.5 |
Zhangjiagang Freetrade Valuation on November 27, 2024
It is possible to determine the worth of Zhangjiagang Freetrade on a given historical date. On November 27, 2024 Zhangjiagang was worth 3.82 at the beginning of the trading date compared to the closed value of 3.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhangjiagang Freetrade stock. Still, in general, we apply an absolute valuation method to find Zhangjiagang Freetrade'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 Zhangjiagang Freetrade where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhangjiagang Freetrade's related companies.
| Open | High | Low | Close | Volume | |
| 3.76 | 3.88 | 3.71 | 3.87 | 49,542,500 | |
11/27/2024 | 3.82 | 3.82 | 3.67 | 3.79 | 34,427,297 |
| 3.87 | 3.93 | 3.77 | 3.79 | 38,795,700 |
| Backtest Zhangjiagang Freetrade | | | Zhangjiagang Freetrade History | | | Zhangjiagang Freetrade Valuation | Previous | Next |
Zhangjiagang Freetrade Trading Date Momentum on November 27, 2024
| On November 28 2024 Zhangjiagang Freetrade Science was traded for 3.79 at the closing time. The highest price during the trading period was 3.93 and the lowest recorded bid was listed for 3.77 . The volume for the day was 38.8 M. This history from November 28, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 7.39% . |
Zhangjiagang Freetrade Fundamentals Correlations and Trends
By evaluating Zhangjiagang Freetrade'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 Zhangjiagang Freetrade's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhangjiagang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhangjiagang Freetrade Stock history
Zhangjiagang Freetrade 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 Zhangjiagang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhangjiagang Freetrade 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 Zhangjiagang Freetrade stock prices may prove useful in developing a viable investing in Zhangjiagang Freetrade
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 969.7 M | |
| Net Income Applicable To Common Shares | 187.9 M | 197.3 M |
Zhangjiagang Freetrade Quarterly Net Working Capital |
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Zhangjiagang Freetrade Stock Technical Analysis
Zhangjiagang Freetrade 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
Zhangjiagang Freetrade Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Zhangjiagang Freetrade Science 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.
Zhangjiagang Freetrade December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhangjiagang Freetrade stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhangjiagang Freetrade shares will generate the highest return on investment. By undertsting and applying Zhangjiagang Freetrade stock market strength indicators, traders can identify Zhangjiagang Freetrade Science entry and exit signals to maximize returns
Zhangjiagang Freetrade Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhangjiagang Freetrade's price direction in advance. Along with the technical and fundamental analysis of Zhangjiagang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhangjiagang 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 | 0.1568 | |||
| Jensen Alpha | 0.4443 | |||
| Total Risk Alpha | 0.1122 | |||
| Sortino Ratio | 0.1441 | |||
| Treynor Ratio | 0.9229 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhangjiagang Stock analysis
When running Zhangjiagang Freetrade's price analysis, check to measure Zhangjiagang Freetrade'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 Zhangjiagang Freetrade is operating at the current time. Most of Zhangjiagang Freetrade's value examination focuses on studying past and present price action to predict the probability of Zhangjiagang Freetrade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhangjiagang Freetrade's price. Additionally, you may evaluate how the addition of Zhangjiagang Freetrade to your portfolios can decrease your overall portfolio volatility.
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