Ningbo Boway (China) Price on December 9, 2024
| 601137 Stock | 20.01 1.14 6.04% |
Below is the normalized historical share price chart for Ningbo Boway Alloy extending back to January 27, 2011. 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 Ningbo Boway stands at 20.01, as last reported on the 27th of December, with the highest price reaching 20.28 and the lowest price hitting 18.88 during the day.
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. Ningbo Boway appears to be not too volatile, given 3 months investment horizon. Ningbo Boway Alloy has Sharpe Ratio of 0.0932, which conveys that the firm had a 0.0932% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ningbo Boway, which you can use to evaluate the volatility of the firm. Please exercise Ningbo Boway's Mean Deviation of 2.43, downside deviation of 2.74, and Risk Adjusted Performance of 0.1545 to check out if our risk estimates are consistent with your expectations.
At present, Ningbo Boway's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 954 M, whereas Other Stockholder Equity is projected to grow to (82.3 M). . Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of January 2011 | 200 Day MA 16.5453 | 50 Day MA 18.5088 | Beta 0.321 |
Ningbo |
Sharpe Ratio = 0.0932
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601137 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.99 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Ningbo Boway is performing at about 7% 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 Ningbo Boway by adding it to a well-diversified portfolio.
Price Book 2.0171 | Enterprise Value Ebitda 10.8479 | Price Sales 0.8249 | Shares Float 381.9 M | Wall Street Target Price 23.15 |
Ningbo Boway Valuation on December 9, 2024
It is possible to determine the worth of Ningbo Boway on a given historical date. On December 9, 2024 Ningbo was worth 17.73 at the beginning of the trading date compared to the closed value of 17.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ningbo Boway stock. Still, in general, we apply an absolute valuation method to find Ningbo Boway'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 Ningbo Boway where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ningbo Boway's related companies.
| Open | High | Low | Close | Volume | |
| 17.33 | 17.74 | 17.20 | 17.72 | 18,839,085 | |
12/09/2024 | 17.73 | 18.10 | 17.57 | 17.98 | 28,397,243 |
| 18.45 | 18.53 | 17.86 | 17.92 | 23,090,288 |
| Backtest Ningbo Boway | | | Ningbo Boway History | | | Ningbo Boway Valuation | Previous | Next |
Ningbo Boway Trading Date Momentum on December 9, 2024
| On December 10 2024 Ningbo Boway Alloy was traded for 17.92 at the closing time. The highest price during the trading period was 18.53 and the lowest recorded bid was listed for 17.86 . The volume for the day was 23.1 M. This history from December 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.33% . The trading delta at closing time to the current price is 3.17% . |
Ningbo Boway Alloy Fundamentals Correlations and Trends
By evaluating Ningbo Boway'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 Ningbo Boway's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ningbo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ningbo Boway Stock history
Ningbo Boway 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 Ningbo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ningbo Boway Alloy 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 Ningbo Boway stock prices may prove useful in developing a viable investing in Ningbo Boway
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 781.9 M | 800 M | |
| Net Income Applicable To Common Shares | 356.8 M | 210.7 M |
Ningbo Boway Quarterly Net Working Capital |
|
Ningbo Boway Stock Technical Analysis
Ningbo Boway 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
Ningbo Boway Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Ningbo Boway Alloy 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.
Ningbo Boway December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Ningbo Boway stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ningbo Boway shares will generate the highest return on investment. By undertsting and applying Ningbo Boway stock market strength indicators, traders can identify Ningbo Boway Alloy entry and exit signals to maximize returns
Ningbo Boway Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ningbo Boway's price direction in advance. Along with the technical and fundamental analysis of Ningbo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ningbo 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 | 0.1545 | |||
| Jensen Alpha | 0.6027 | |||
| Total Risk Alpha | 0.4154 | |||
| Sortino Ratio | 0.2004 | |||
| Treynor Ratio | (2.63) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ningbo Stock analysis
When running Ningbo Boway's price analysis, check to measure Ningbo Boway'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 Ningbo Boway is operating at the current time. Most of Ningbo Boway's value examination focuses on studying past and present price action to predict the probability of Ningbo Boway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ningbo Boway's price. Additionally, you may evaluate how the addition of Ningbo Boway to your portfolios can decrease your overall portfolio volatility.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Stocks Directory Find actively traded stocks across global markets |