Metallurgical (China) Price on November 17, 2024
| 601618 Stock | 3.36 0.09 2.61% |
Below is the normalized historical share price chart for Metallurgical of extending back to September 21, 2009. 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 Metallurgical stands at 3.36, as last reported on the 13th of December 2024, with the highest price reaching 3.43 and the lowest price hitting 3.35 during the day.
If you're considering investing in Metallurgical Stock, it is important to understand the factors that can impact its price. Metallurgical appears to be unstable, given 3 months investment horizon. Metallurgical has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. By analyzing Metallurgical's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise Metallurgical's Mean Deviation of 2.01, risk adjusted performance of 0.0902, and Downside Deviation of 2.82 to check out if our risk estimates are consistent with your expectations.
As of December 13, 2024, Total Stockholder Equity is expected to decline to about 106 B. In addition to that, Other Stockholder Equity is expected to decline to about 19.4 B. Metallurgical Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.2351 | 50 Day MA 3.3726 | Beta 0.912 |
Metallurgical |
Sharpe Ratio = 0.1715
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601618 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.19 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.55 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 Metallurgical 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 Metallurgical by adding it to a well-diversified portfolio.
Price Book 0.462 | Enterprise Value Ebitda 10.2612 | Price Sales 0.1137 | Shares Float 9.3 B | Wall Street Target Price 3.99 |
Metallurgical Valuation on November 17, 2024
It is possible to determine the worth of Metallurgical on a given historical date. On November 17, 2024 Metallurgical was worth 3.42 at the beginning of the trading date compared to the closed value of 3.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metallurgical stock. Still, in general, we apply an absolute valuation method to find Metallurgical'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 Metallurgical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metallurgical's related companies.
| Open | High | Low | Close | Volume | |
| 3.46 | 3.49 | 3.43 | 3.44 | 91,267,701 | |
11/15/2024 | 3.42 | 3.46 | 3.38 | 3.38 | 113,105,113 |
| 3.49 | 3.72 | 3.49 | 3.64 | 644,734,044 |
| Backtest Metallurgical | | | Metallurgical History | | | Metallurgical Valuation | Previous | Next |
Metallurgical Trading Date Momentum on November 17, 2024
| On November 18 2024 Metallurgical of was traded for 3.64 at the closing time. The highest price during the trading period was 3.72 and the lowest recorded bid was listed for 3.49 . The volume for the day was 644.7 M. This history from November 18, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 7.69% . The trading delta at closing time to the current price is 1.78% . |
Metallurgical Fundamentals Correlations and Trends
By evaluating Metallurgical'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 Metallurgical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metallurgical financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Metallurgical Stock history
Metallurgical 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 Metallurgical is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metallurgical 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 Metallurgical stock prices may prove useful in developing a viable investing in Metallurgical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 18.7 B | 16.6 B | |
| Net Income Applicable To Common Shares | 8.4 B | 6.3 B |
Metallurgical Quarterly Net Working Capital |
|
Metallurgical Stock Technical Analysis
Metallurgical 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
Metallurgical Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Metallurgical of 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.
Metallurgical December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Metallurgical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metallurgical shares will generate the highest return on investment. By undertsting and applying Metallurgical stock market strength indicators, traders can identify Metallurgical of entry and exit signals to maximize returns
Metallurgical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metallurgical's price direction in advance. Along with the technical and fundamental analysis of Metallurgical Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metallurgical 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 | 0.0902 | |||
| Jensen Alpha | 0.3579 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0829 | |||
| Treynor Ratio | (1.54) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Metallurgical Stock analysis
When running Metallurgical's price analysis, check to measure Metallurgical'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 Metallurgical is operating at the current time. Most of Metallurgical's value examination focuses on studying past and present price action to predict the probability of Metallurgical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metallurgical's price. Additionally, you may evaluate how the addition of Metallurgical to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |