Eastern Air (China) Price on November 25, 2024
| 601156 Stock | 15.48 0.21 1.38% |
If you're considering investing in Eastern Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eastern Air stands at 15.48, as last reported on the 30th of November, with the highest price reaching 15.79 and the lowest price hitting 15.21 during the day. At this point, Eastern Air is not too volatile. Eastern Air Logistics secures Sharpe Ratio (or Efficiency) of 0.0287, which denotes the company had a 0.0287% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Eastern Air Logistics, which you can use to evaluate the volatility of the firm. Please confirm Eastern Air's Coefficient Of Variation of 1858.43, downside deviation of 2.39, and Mean Deviation of 2.17 to check if the risk estimate we provide is consistent with the expected return of 0.0751%.
At present, Eastern Air's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 31.5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.6 B. . Eastern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eastern |
Sharpe Ratio = 0.0287
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| Cash | Small Risk | 601156 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.61 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Eastern Air is performing at about 2% 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 Eastern Air by adding it to a well-diversified portfolio.
Price Book 1.3843 | Enterprise Value Ebitda 4.6746 | Price Sales 1.1554 | Shares Float 480.5 M | Dividend Share 0.389 |
Eastern Air Valuation on November 25, 2024
It is possible to determine the worth of Eastern Air on a given historical date. On November 25, 2024 Eastern was worth 15.85 at the beginning of the trading date compared to the closed value of 15.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eastern Air stock. Still, in general, we apply an absolute valuation method to find Eastern Air'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 Eastern Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eastern Air's related companies.
| Open | High | Low | Close | Volume | |
| 16.37 | 16.43 | 15.83 | 15.84 | 12,558,365 | |
11/25/2024 | 15.85 | 16.00 | 15.52 | 15.64 | 12,835,386 |
| 15.64 | 15.66 | 15.33 | 15.38 | 16,188,703 |
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Eastern Air Trading Date Momentum on November 25, 2024
| On November 26 2024 Eastern Air Logistics was traded for 15.38 at the closing time. The highest price during the trading period was 15.66 and the lowest recorded bid was listed for 15.33 . The volume for the day was 16.2 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.66% . The overall trading delta to the current price is 2.49% . |
Eastern Air Logistics Fundamentals Correlations and Trends
By evaluating Eastern Air'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 Eastern Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eastern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eastern Air Stock history
Eastern Air 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 Eastern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eastern Air Logistics 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 Eastern Air stock prices may prove useful in developing a viable investing in Eastern Air
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.8 B | 1.6 B |
Eastern Air Quarterly Net Working Capital |
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Eastern Air Stock Technical Analysis
Eastern Air 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
Eastern Air Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Eastern Air Logistics 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.
Eastern Air November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Eastern Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eastern Air shares will generate the highest return on investment. By undertsting and applying Eastern Air stock market strength indicators, traders can identify Eastern Air Logistics entry and exit signals to maximize returns
Eastern Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eastern Air's price direction in advance. Along with the technical and fundamental analysis of Eastern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eastern 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 | 0.0483 | |||
| Jensen Alpha | 0.1111 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0041 | |||
| Treynor Ratio | 0.6675 |
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Complementary Tools for Eastern Stock analysis
When running Eastern Air's price analysis, check to measure Eastern Air'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 Eastern Air is operating at the current time. Most of Eastern Air's value examination focuses on studying past and present price action to predict the probability of Eastern Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern Air's price. Additionally, you may evaluate how the addition of Eastern Air to your portfolios can decrease your overall portfolio volatility.
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