Luoyang Glass (China) Price on September 11, 2024

600876 Stock   10.37  0.07  0.67%   
Below is the normalized historical share price chart for Luoyang Glass 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 Luoyang Glass stands at 10.37, as last reported on the 11th of December 2024, with the highest price reaching 10.68 and the lowest price hitting 10.35 during the day.
IPO Date
8th of July 1994
200 Day MA
10.4855
50 Day MA
10.3426
Beta
1.21
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Luoyang Stock, it is important to understand the factors that can impact its price. Luoyang Glass appears to be somewhat reliable, given 3 months investment horizon. Luoyang Glass has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Luoyang Glass, which you can use to evaluate the volatility of the firm. Please exercise Luoyang Glass' Downside Deviation of 2.89, risk adjusted performance of 0.089, and Mean Deviation of 2.38 to check out if our risk estimates are consistent with your expectations.
  
The current year's Total Stockholder Equity is expected to grow to about 4.9 B, whereas Common Stock is forecasted to decline to about 459.9 M. . Luoyang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1018

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Good Returns
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Small Returns600876
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Estimated Market Risk

 3.24
  actual daily
28
72% of assets are more volatile

Expected Return

 0.33
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
8
92% of assets perform better
Based on monthly moving average Luoyang Glass is performing at about 8% 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 Luoyang Glass by adding it to a well-diversified portfolio.
Price Book
1.5287
Enterprise Value Ebitda
464.4022
Price Sales
1.222
Shares Float
395.9 M
Wall Street Target Price
12.69

Luoyang Glass Valuation on September 11, 2024

It is possible to determine the worth of Luoyang Glass on a given historical date. On September 11, 2024 Luoyang was worth 8.97 at the beginning of the trading date compared to the closed value of 8.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Luoyang Glass stock. Still, in general, we apply an absolute valuation method to find Luoyang Glass' 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 Luoyang Glass where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Luoyang Glass' related companies.
 Open High Low Close Volume
  9.02    9.08    8.87    9.02    3,285,800  
09/11/2024
  8.97    9.23    8.93    8.96    4,656,540  
  8.92    9.18    8.85    8.85    3,818,184  
Backtest Luoyang Glass  |  Luoyang Glass History  |  Luoyang Glass Valuation   PreviousNext  
Open Value
8.97
8.96
Closing Value
18.68
Upside

Luoyang Glass Trading Date Momentum on September 11, 2024

On September 12 2024 Luoyang Glass was traded for  8.85  at the closing time. The highest price during the trading period was 9.18  and the lowest recorded bid was listed for  8.85 . The volume for the day was 3.8 M. This history from September 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.23% . The trading delta at closing time to the current price is 5.13% .

Luoyang Glass Fundamentals Correlations and Trends

By evaluating Luoyang Glass' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Luoyang Glass' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Luoyang financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Luoyang Glass Stock history

Luoyang Glass 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 Luoyang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Luoyang Glass 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 Luoyang Glass stock prices may prove useful in developing a viable investing in Luoyang Glass
Last ReportedProjected for Next Year
Common Stock Shares Outstanding742.5 M648.1 M
Net Income Applicable To Common Shares304.3 M319.5 M

Luoyang Glass Stock Technical Analysis

Luoyang Glass 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 Luoyang Glass technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Luoyang Glass 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

Luoyang Glass Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Luoyang Glass 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.

Luoyang Glass December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Luoyang Glass stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Luoyang Glass shares will generate the highest return on investment. By undertsting and applying Luoyang Glass stock market strength indicators, traders can identify Luoyang Glass entry and exit signals to maximize returns

Luoyang Glass Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Luoyang Glass' price direction in advance. Along with the technical and fundamental analysis of Luoyang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Luoyang 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 Luoyang Stock analysis

When running Luoyang Glass' price analysis, check to measure Luoyang Glass' 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 Luoyang Glass is operating at the current time. Most of Luoyang Glass' value examination focuses on studying past and present price action to predict the probability of Luoyang Glass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luoyang Glass' price. Additionally, you may evaluate how the addition of Luoyang Glass to your portfolios can decrease your overall portfolio volatility.
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