Ningbo Construction (China) Price on September 27, 2024
| 601789 Stock | 4.99 0.31 5.85% |
Below is the normalized historical share price chart for Ningbo Construction Co extending back to August 16, 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 Construction stands at 4.99, as last reported on the 23rd of November, with the highest price reaching 5.35 and the lowest price hitting 4.95 during the day.
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. Ningbo Construction appears to be relatively risky, given 3 months investment horizon. Ningbo Construction has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing Ningbo Construction's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please exercise Ningbo Construction's Mean Deviation of 2.23, downside deviation of 2.92, and Risk Adjusted Performance of 0.1401 to check out if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 1.1 B, whereas Total Stockholder Equity is forecasted to decline to about 2.7 B. . Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of August 2011 | 200 Day MA 3.9066 | 50 Day MA 4.0146 | Beta 0.323 |
Ningbo |
Sharpe Ratio = 0.1881
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601789 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.5 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Ningbo Construction is performing at about 14% 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 Construction by adding it to a well-diversified portfolio.
Price Book 1.1775 | Book Value 4.041 | Enterprise Value 7.4 B | Enterprise Value Ebitda 12.1175 | Price Sales 0.2515 |
Ningbo Construction Valuation on September 27, 2024
It is possible to determine the worth of Ningbo Construction on a given historical date. On September 27, 2024 Ningbo was worth 3.73 at the beginning of the trading date compared to the closed value of 3.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ningbo Construction stock. Still, in general, we apply an absolute valuation method to find Ningbo Construction'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 Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ningbo Construction's related companies.
| Open | High | Low | Close | Volume | |
| 3.56 | 3.65 | 3.53 | 3.65 | 19,747,600 | |
09/27/2024 | 3.73 | 3.76 | 3.67 | 3.76 | 19,977,040 |
| 4.00 | 4.14 | 3.99 | 4.14 | 82,143,569 |
| Backtest Ningbo Construction | | | Ningbo Construction History | | | Ningbo Construction Valuation | Previous | Next |
Ningbo Construction Trading Date Momentum on September 27, 2024
| On September 30 2024 Ningbo Construction Co was traded for 4.14 at the closing time. The highest price during the trading period was 4.14 and the lowest recorded bid was listed for 3.99 . The volume for the day was 82.1 M. This history from September 30, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 10.11% . The trading delta at closing time to the current price is 21.01% . |
Ningbo Construction Fundamentals Correlations and Trends
By evaluating Ningbo Construction'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 Construction'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 Construction Stock history
Ningbo Construction 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 Construction 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 Construction stock prices may prove useful in developing a viable investing in Ningbo Construction
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.2 B | 1.1 B | |
| Net Income Applicable To Common Shares | 401.1 M | 221.8 M |
Ningbo Construction Stock Technical Analysis
Ningbo Construction 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 Construction Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Ningbo Construction Co 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 Construction November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Ningbo Construction 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 Construction shares will generate the highest return on investment. By undertsting and applying Ningbo Construction stock market strength indicators, traders can identify Ningbo Construction Co entry and exit signals to maximize returns
Ningbo Construction Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ningbo Construction'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 | 0.1401 | |||
| Jensen Alpha | 0.6296 | |||
| Total Risk Alpha | 0.1317 | |||
| Sortino Ratio | 0.1576 | |||
| Treynor Ratio | (0.80) |
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| 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 Construction's price analysis, check to measure Ningbo Construction'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 Construction is operating at the current time. Most of Ningbo Construction's value examination focuses on studying past and present price action to predict the probability of Ningbo Construction'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 Construction's price. Additionally, you may evaluate how the addition of Ningbo Construction to your portfolios can decrease your overall portfolio volatility.
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