Luoyang Glass (China) Price on November 27, 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.
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.
IPO Date 8th of July 1994 | 200 Day MA 10.4855 | 50 Day MA 10.3426 | Beta 1.21 |
Luoyang |
Sharpe Ratio = 0.1018
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600876 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
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 November 27, 2024
It is possible to determine the worth of Luoyang Glass on a given historical date. On November 27, 2024 Luoyang was worth 10.4 at the beginning of the trading date compared to the closed value of 10.3. 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 | |
| 10.15 | 10.59 | 10.15 | 10.40 | 3,337,500 | |
11/27/2024 | 10.40 | 10.40 | 10.00 | 10.30 | 2,394,573 |
| 10.25 | 10.77 | 10.25 | 10.59 | 5,225,272 |
| Backtest Luoyang Glass | | | Luoyang Glass History | | | Luoyang Glass Valuation | Previous | Next |
Luoyang Glass Trading Date Momentum on November 27, 2024
| On November 28 2024 Luoyang Glass was traded for 10.59 at the closing time. The highest price during the trading period was 10.77 and the lowest recorded bid was listed for 10.25 . The volume for the day was 5.2 M. This history from November 28, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.82% . The trading delta at closing time to the current price is 1.36% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 742.5 M | 648.1 M | |
| Net Income Applicable To Common Shares | 304.3 M | 319.5 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.
Price Boundaries
Luoyang Glass Period Price Range
Low | December 11, 2024
| 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.
| Risk Adjusted Performance | 0.089 | |||
| Jensen Alpha | 0.3584 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0861 | |||
| Treynor Ratio | 7.99 |
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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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