Danhua Chemical (China) Price on December 3, 2024
| 600844 Stock | 3.33 0.09 2.63% |
Below is the normalized historical share price chart for Danhua Chemical Technology extending back to December 01, 1995. 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 Danhua Chemical stands at 3.33, as last reported on the 11th of December 2024, with the highest price reaching 3.50 and the lowest price hitting 3.31 during the day.
If you're considering investing in Danhua Stock, it is important to understand the factors that can impact its price. Danhua Chemical appears to be very risky, given 3 months investment horizon. Danhua Chemical Tech secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% return per unit of risk over the last 3 months. By reviewing Danhua Chemical's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please utilize Danhua Chemical's Downside Deviation of 3.65, coefficient of variation of 606.54, and Mean Deviation of 2.74 to check if our risk estimates are consistent with your expectations.
At present, Danhua Chemical'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 6.1 M, whereas Common Stock is forecasted to decline to about 713.5 M. . Danhua Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of October 1993 | 200 Day MA 2.6901 | 50 Day MA 2.8816 | Beta 0.777 |
Danhua |
Sharpe Ratio = 0.1851
| Best Portfolio | Best Equity | |||
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| Small Returns | 600844 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.95 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Danhua Chemical is performing at about 14% 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 Danhua Chemical by adding it to a well-diversified portfolio.
Price Book 9.9701 | Book Value 0.334 | Enterprise Value 3.2 B | Enterprise Value Ebitda (21.08) | Price Sales 3.9013 |
Danhua Chemical Valuation on December 3, 2024
It is possible to determine the worth of Danhua Chemical on a given historical date. On December 3, 2024 Danhua was worth 3.27 at the beginning of the trading date compared to the closed value of 3.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danhua Chemical stock. Still, in general, we apply an absolute valuation method to find Danhua Chemical'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 Danhua Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danhua Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 3.14 | 3.34 | 3.10 | 3.27 | 64,538,867 | |
12/03/2024 | 3.27 | 3.30 | 3.21 | 3.26 | 37,834,400 |
| 3.29 | 3.33 | 3.15 | 3.17 | 36,178,234 |
| Backtest Danhua Chemical | | | Danhua Chemical History | | | Danhua Chemical Valuation | Previous | Next |
Danhua Chemical Trading Date Momentum on December 3, 2024
| On December 04 2024 Danhua Chemical Technology was traded for 3.17 at the closing time. The highest price during the trading period was 3.33 and the lowest recorded bid was listed for 3.15 . The volume for the day was 36.2 M. This history from December 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.76% . The overall trading delta to the current price is 7.06% . |
Danhua Chemical Tech Fundamentals Correlations and Trends
By evaluating Danhua Chemical'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 Danhua Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Danhua financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Danhua Chemical Stock history
Danhua Chemical 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 Danhua is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danhua Chemical Tech 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 Danhua Chemical stock prices may prove useful in developing a viable investing in Danhua Chemical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 914.9 M | 813.2 M | |
| Net Loss | -263.7 M | -250.5 M |
Danhua Chemical Stock Technical Analysis
Danhua Chemical 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
Danhua Chemical Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Danhua Chemical Technology 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.
Danhua Chemical December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Danhua Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Danhua Chemical shares will generate the highest return on investment. By undertsting and applying Danhua Chemical stock market strength indicators, traders can identify Danhua Chemical Technology entry and exit signals to maximize returns
Danhua Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Danhua Chemical's price direction in advance. Along with the technical and fundamental analysis of Danhua Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Danhua 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 | 0.1272 | |||
| Jensen Alpha | 0.6634 | |||
| Total Risk Alpha | 0.0141 | |||
| Sortino Ratio | 0.135 | |||
| Treynor Ratio | (1.25) |
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Complementary Tools for Danhua Stock analysis
When running Danhua Chemical's price analysis, check to measure Danhua Chemical'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 Danhua Chemical is operating at the current time. Most of Danhua Chemical's value examination focuses on studying past and present price action to predict the probability of Danhua Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danhua Chemical's price. Additionally, you may evaluate how the addition of Danhua Chemical to your portfolios can decrease your overall portfolio volatility.
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