Dongfang Electric (China) Price on November 8, 2024
| 600875 Stock | 15.07 0.30 1.95% |
Below is the normalized historical share price chart for Dongfang Electric Corp extending back to October 10, 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 Dongfang Electric stands at 15.07, as last reported on the 29th of November, with the highest price reaching 15.36 and the lowest price hitting 15.00 during the day.
If you're considering investing in Dongfang Stock, it is important to understand the factors that can impact its price. Dongfang Electric appears to be not too volatile, given 3 months investment horizon. Dongfang Electric Corp secures Sharpe Ratio (or Efficiency) of 0.0881, which denotes the company had a 0.0881% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dongfang Electric Corp, which you can use to evaluate the volatility of the firm. Please utilize Dongfang Electric's Coefficient Of Variation of 1907.65, downside deviation of 2.52, and Mean Deviation of 1.94 to check if our risk estimates are consistent with your expectations.
At present, Dongfang Electric's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 3.4 B, whereas Total Stockholder Equity is forecasted to decline to about 31.7 B. . Dongfang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 15.9554 | 50 Day MA 14.8764 | Beta 0.381 |
Dongfang |
Sharpe Ratio = 0.0881
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600875 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Dongfang Electric 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 Dongfang Electric by adding it to a well-diversified portfolio.
Price Book 1.2212 | Enterprise Value Ebitda 8.2168 | Price Sales 0.7496 | Shares Float 1.4 B | Wall Street Target Price 18.74 |
Dongfang Electric Valuation on November 8, 2024
It is possible to determine the worth of Dongfang Electric on a given historical date. On November 8, 2024 Dongfang was worth 16.37 at the beginning of the trading date compared to the closed value of 16.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dongfang Electric stock. Still, in general, we apply an absolute valuation method to find Dongfang Electric'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 Dongfang Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dongfang Electric's related companies.
| Open | High | Low | Close | Volume | |
| 15.92 | 16.33 | 15.80 | 16.29 | 38,126,024 | |
11/08/2024 | 16.37 | 16.55 | 16.15 | 16.22 | 34,670,550 |
| 16.11 | 16.43 | 16.05 | 16.32 | 26,443,499 |
| Backtest Dongfang Electric | | | Dongfang Electric History | | | Dongfang Electric Valuation | Previous | Next |
Dongfang Electric Trading Date Momentum on November 8, 2024
| On November 11 2024 Dongfang Electric Corp was traded for 16.32 at the closing time. The highest price during the trading period was 16.43 and the lowest recorded bid was listed for 16.05 . The volume for the day was 26.4 M. This history from November 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.62% . The overall trading delta to the current price is 3.51% . |
Dongfang Electric Corp Fundamentals Correlations and Trends
By evaluating Dongfang Electric'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 Dongfang Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dongfang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dongfang Electric Stock history
Dongfang Electric 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 Dongfang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dongfang Electric Corp 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 Dongfang Electric stock prices may prove useful in developing a viable investing in Dongfang Electric
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.1 B | 3.3 B | |
| Net Income Applicable To Common Shares | 2.6 B | 2.8 B |
Dongfang Electric Stock Technical Analysis
Dongfang Electric 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
Dongfang Electric Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Dongfang Electric Corp 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.
Dongfang Electric November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Dongfang Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dongfang Electric shares will generate the highest return on investment. By undertsting and applying Dongfang Electric stock market strength indicators, traders can identify Dongfang Electric Corp entry and exit signals to maximize returns
Dongfang Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dongfang Electric's price direction in advance. Along with the technical and fundamental analysis of Dongfang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dongfang 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 | 0.0472 | |||
| Jensen Alpha | 0.1458 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0043 | |||
| Treynor Ratio | (0.75) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Dongfang Stock analysis
When running Dongfang Electric's price analysis, check to measure Dongfang Electric'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 Dongfang Electric is operating at the current time. Most of Dongfang Electric's value examination focuses on studying past and present price action to predict the probability of Dongfang Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dongfang Electric's price. Additionally, you may evaluate how the addition of Dongfang Electric to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Transaction History View history of all your transactions and understand their impact on performance |