Guizhou BroadcastingTV (China) Price on September 13, 2024
| 600996 Stock | 9.84 0.17 1.76% |
Below is the normalized historical share price chart for Guizhou BroadcastingTV Info extending back to December 26, 2016. 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 Guizhou BroadcastingTV stands at 9.84, as last reported on the 29th of November, with the highest price reaching 9.90 and the lowest price hitting 9.60 during the day.
If you're considering investing in Guizhou Stock, it is important to understand the factors that can impact its price. Guizhou BroadcastingTV appears to be somewhat reliable, given 3 months investment horizon. Guizhou BroadcastingTV holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. By evaluating Guizhou BroadcastingTV's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Guizhou BroadcastingTV's Market Risk Adjusted Performance of 8.61, risk adjusted performance of 0.1165, and Downside Deviation of 2.89 to validate if our risk estimates are consistent with your expectations.
The current year's Capital Stock is expected to grow to about 1.2 B, whereas Total Stockholder Equity is forecasted to decline to about 3.7 B. . Guizhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.9563 | 50 Day MA 9.1098 | Beta 0.089 |
Guizhou |
Sharpe Ratio = 0.1713
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600996 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Guizhou BroadcastingTV is performing at about 13% 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 Guizhou BroadcastingTV by adding it to a well-diversified portfolio.
Price Book 3.5541 | Book Value 2.721 | Enterprise Value 18.6 B | Enterprise Value Ebitda 119.0388 | Price Sales 8.4804 |
Guizhou BroadcastingTV Valuation on September 13, 2024
It is possible to determine the worth of Guizhou BroadcastingTV on a given historical date. On September 13, 2024 Guizhou was worth 7.44 at the beginning of the trading date compared to the closed value of 7.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guizhou BroadcastingTV stock. Still, in general, we apply an absolute valuation method to find Guizhou BroadcastingTV'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 Guizhou BroadcastingTV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guizhou BroadcastingTV's related companies.
| Open | High | Low | Close | Volume | |
| 7.36 | 7.53 | 7.36 | 7.42 | 7,820,100 | |
09/13/2024 | 7.44 | 7.74 | 7.39 | 7.57 | 15,937,242 |
| 7.49 | 7.52 | 7.36 | 7.41 | 8,218,218 |
| Backtest Guizhou BroadcastingTV | | | Guizhou BroadcastingTV History | | | Guizhou BroadcastingTV Valuation | Previous | Next |
Guizhou BroadcastingTV Trading Date Momentum on September 13, 2024
| On September 18 2024 Guizhou BroadcastingTV Info was traded for 7.41 at the closing time. The highest price during the trading period was 7.52 and the lowest recorded bid was listed for 7.36 . The volume for the day was 8.2 M. This history from September 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.11% . The overall trading delta to the current price is 1.19% . |
Guizhou BroadcastingTV Fundamentals Correlations and Trends
By evaluating Guizhou BroadcastingTV'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 Guizhou BroadcastingTV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guizhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guizhou BroadcastingTV Stock history
Guizhou BroadcastingTV 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 Guizhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guizhou BroadcastingTV 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 Guizhou BroadcastingTV stock prices may prove useful in developing a viable investing in Guizhou BroadcastingTV
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.2 B | 1.2 B | |
| Net Loss | -400.7 M | -380.7 M |
Guizhou BroadcastingTV Stock Technical Analysis
Guizhou BroadcastingTV 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
Guizhou BroadcastingTV Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Guizhou BroadcastingTV Info 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.
Guizhou BroadcastingTV November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Guizhou BroadcastingTV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guizhou BroadcastingTV shares will generate the highest return on investment. By undertsting and applying Guizhou BroadcastingTV stock market strength indicators, traders can identify Guizhou BroadcastingTV Info entry and exit signals to maximize returns
Guizhou BroadcastingTV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guizhou BroadcastingTV's price direction in advance. Along with the technical and fundamental analysis of Guizhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guizhou 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 | 0.1165 | |||
| Jensen Alpha | 0.4003 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1007 | |||
| Treynor Ratio | 8.6 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Guizhou Stock analysis
When running Guizhou BroadcastingTV's price analysis, check to measure Guizhou BroadcastingTV'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 Guizhou BroadcastingTV is operating at the current time. Most of Guizhou BroadcastingTV's value examination focuses on studying past and present price action to predict the probability of Guizhou BroadcastingTV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guizhou BroadcastingTV's price. Additionally, you may evaluate how the addition of Guizhou BroadcastingTV to your portfolios can decrease your overall portfolio volatility.
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