Chengdu B (China) Price on July 15, 2024
| 600880 Stock | 4.97 0.07 1.39% |
Below is the normalized historical share price chart for Chengdu B ray Media extending back to November 15, 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 Chengdu B stands at 4.97, as last reported on the 1st of December, with the highest price reaching 5.15 and the lowest price hitting 4.87 during the day.
If you're considering investing in Chengdu Stock, it is important to understand the factors that can impact its price. Chengdu B appears to be relatively risky, given 3 months investment horizon. Chengdu B ray secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of standard deviation over the last 3 months. By analyzing Chengdu B's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please makes use of Chengdu B's mean deviation of 2.49, and Risk Adjusted Performance of 0.107 to double-check if our risk estimates are consistent with your expectations.
As of December 1, 2024, Total Stockholder Equity is expected to decline to about 2.2 B. In addition to that, Common Stock is expected to decline to about 665.7 M. Chengdu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of September 1989 | 200 Day MA 4.1714 | 50 Day MA 4.4278 | Beta 0.605 |
Chengdu |
Sharpe Ratio = 0.1901
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600880 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Chengdu B 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 Chengdu B by adding it to a well-diversified portfolio.
Price Book 1.7915 | Book Value 2.774 | Enterprise Value 5.2 B | Enterprise Value Ebitda 190.8016 | Price Sales 11.3037 |
Chengdu B Valuation on July 15, 2024
It is possible to determine the worth of Chengdu B on a given historical date. On July 15, 2024 Chengdu was worth 3.51 at the beginning of the trading date compared to the closed value of 3.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chengdu B stock. Still, in general, we apply an absolute valuation method to find Chengdu B'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 Chengdu B where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chengdu B's related companies.
| Open | High | Low | Close | Volume | |
| 3.54 | 3.59 | 3.49 | 3.50 | 6,867,700 | |
07/15/2024 | 3.51 | 3.52 | 3.44 | 3.46 | 5,251,000 |
| 3.44 | 3.45 | 3.39 | 3.43 | 6,479,200 |
| Backtest Chengdu B | | | Chengdu B History | | | Chengdu B Valuation | Previous | Next |
Chengdu B Trading Date Momentum on July 15, 2024
| On July 16 2024 Chengdu B ray Media was traded for 3.43 at the closing time. The highest price during the trading period was 3.45 and the lowest recorded bid was listed for 3.39 . The volume for the day was 6.5 M. This history from July 16, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.87% . The overall trading delta to the current price is 2.60% . |
Chengdu B ray Fundamentals Correlations and Trends
By evaluating Chengdu B'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 Chengdu B's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chengdu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chengdu B Stock history
Chengdu B 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 Chengdu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chengdu B ray 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 Chengdu B stock prices may prove useful in developing a viable investing in Chengdu B
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 984 M | 874.7 M | |
| Net Income Applicable To Common Shares | 70.6 M | 78.5 M |
Chengdu B Quarterly Net Working Capital |
|
Chengdu B Stock Technical Analysis
Chengdu B 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
Chengdu B Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Chengdu B ray Media 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.
Chengdu B December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Chengdu B stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chengdu B shares will generate the highest return on investment. By undertsting and applying Chengdu B stock market strength indicators, traders can identify Chengdu B ray Media entry and exit signals to maximize returns
Chengdu B Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chengdu B's price direction in advance. Along with the technical and fundamental analysis of Chengdu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chengdu 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 | 0.107 | |||
| Jensen Alpha | 0.4494 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0821 | |||
| Treynor Ratio | (1.84) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Chengdu Stock analysis
When running Chengdu B's price analysis, check to measure Chengdu B'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 Chengdu B is operating at the current time. Most of Chengdu B's value examination focuses on studying past and present price action to predict the probability of Chengdu B's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chengdu B's price. Additionally, you may evaluate how the addition of Chengdu B to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |