Changchun Engley (China) Price on October 9, 2024
| 601279 Stock | 4.11 0.06 1.48% |
If you're considering investing in Changchun Stock, it is important to understand the factors that can impact its price. As of today, the current price of Changchun Engley stands at 4.11, as last reported on the 1st of December, with the highest price reaching 4.13 and the lowest price hitting 3.99 during the day. Changchun Engley appears to be moderately volatile, given 3 months investment horizon. Changchun Engley Aut secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Changchun Engley Automobile, which you can use to evaluate the volatility of the firm. Please makes use of Changchun Engley's risk adjusted performance of 0.0959, and Mean Deviation of 2.31 to double-check if our risk estimates are consistent with your expectations.
The current year's Capital Stock is expected to grow to about 1.6 B, whereas Total Stockholder Equity is forecasted to decline to about 3.4 B. . Changchun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Changchun |
Sharpe Ratio = 0.1387
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601279 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Changchun Engley is performing at about 10% 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 Changchun Engley by adding it to a well-diversified portfolio.
Price Book 1.5259 | Enterprise Value Ebitda 50.4001 | Price Sales 1.3317 | Shares Float 287.1 M | Dividend Share 0.02 |
Changchun Engley Valuation on October 9, 2024
It is possible to determine the worth of Changchun Engley on a given historical date. On October 9, 2024 Changchun was worth 4.18 at the beginning of the trading date compared to the closed value of 3.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Changchun Engley stock. Still, in general, we apply an absolute valuation method to find Changchun Engley'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 Changchun Engley where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Changchun Engley's related companies.
| Open | High | Low | Close | Volume | |
| 4.45 | 4.45 | 3.98 | 4.22 | 29,887,832 | |
10/09/2024 | 4.18 | 4.18 | 3.85 | 3.89 | 23,173,872 |
| 3.93 | 4.01 | 3.82 | 3.92 | 14,743,400 |
| Backtest Changchun Engley | | | Changchun Engley History | | | Changchun Engley Valuation | Previous | Next |
Changchun Engley Trading Date Momentum on October 9, 2024
| On October 10 2024 Changchun Engley Automobile was traded for 3.92 at the closing time. The highest price during the trading period was 4.01 and the lowest recorded bid was listed for 3.82 . The volume for the day was 14.7 M. This history from October 10, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.77% . The overall trading delta to the current price is 4.63% . |
Changchun Engley Aut Fundamentals Correlations and Trends
By evaluating Changchun Engley'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 Changchun Engley's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Changchun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Changchun Engley Stock history
Changchun Engley 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 Changchun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Changchun Engley Aut 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 Changchun Engley stock prices may prove useful in developing a viable investing in Changchun Engley
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.6 B | 1.5 B |
Changchun Engley Quarterly Net Working Capital |
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Changchun Engley Stock Technical Analysis
Changchun Engley 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
Changchun Engley Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Changchun Engley Automobile 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.
Changchun Engley December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Changchun Engley stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Changchun Engley shares will generate the highest return on investment. By undertsting and applying Changchun Engley stock market strength indicators, traders can identify Changchun Engley Automobile entry and exit signals to maximize returns
Changchun Engley Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Changchun Engley's price direction in advance. Along with the technical and fundamental analysis of Changchun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Changchun 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 | 0.0959 | |||
| Jensen Alpha | 0.3399 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0756 | |||
| Treynor Ratio | 83.03 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Changchun Stock analysis
When running Changchun Engley's price analysis, check to measure Changchun Engley'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 Changchun Engley is operating at the current time. Most of Changchun Engley's value examination focuses on studying past and present price action to predict the probability of Changchun Engley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changchun Engley's price. Additionally, you may evaluate how the addition of Changchun Engley to your portfolios can decrease your overall portfolio volatility.
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