Danhua Chemical (China) Price on December 6, 2024

600844 Stock   3.45  0.12  3.60%   
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 3.45, as last reported on the 12th of December 2024, with the highest price reaching 3.46 and the lowest price hitting 3.33 during the day.
IPO Date
8th of October 1993
200 Day MA
2.6949
50 Day MA
2.9024
Beta
0.777
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 risky, given 3 months investment horizon. Danhua Chemical Tech secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% 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 Coefficient Of Variation of 536.64, downside deviation of 3.62, and Mean Deviation of 2.75 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.

Sharpe Ratio = 0.184

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Estimated Market Risk

 3.94
  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

 0.18
  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
10.3294
Book Value
0.334
Enterprise Value
3.2 B
Enterprise Value Ebitda
(21.08)
Price Sales
3.832

Danhua Chemical Valuation on December 6, 2024

It is possible to determine the worth of Danhua Chemical on a given historical date. On December 6, 2024 Danhua was worth 3.24 at the beginning of the trading date compared to the closed value of 3.42. 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
  3.16    3.22    3.11    3.22    24,932,000  
12/06/2024
  3.24    3.54    3.20    3.42    83,011,088  
  3.36    3.48    3.32    3.39    50,386,800  
Backtest Danhua Chemical  |  Danhua Chemical History  |  Danhua Chemical Valuation   PreviousNext  
Open Value
3.24
3.42
Closing Value
15.07
Upside

Danhua Chemical Trading Date Momentum on December 6, 2024

On December 09 2024 Danhua Chemical Technology was traded for  3.39  at the closing time. The highest price during the trading period was 3.48  and the lowest recorded bid was listed for  3.32 . The volume for the day was 50.4 M. This history from December 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.88% . The overall trading delta to the current price is 2.63% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding914.9 M813.2 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.
A focus of Danhua Chemical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Danhua Chemical 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

Danhua Chemical Period Price Range

Low
December 12, 2024
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High

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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 12, 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.

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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