Zhejiang Publishing (China) Price on March 4, 2024
| 601921 Stock | 8.39 0.01 0.12% |
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zhejiang Publishing stands at 8.39, as last reported on the 11th of December 2024, with the highest price reaching 8.68 and the lowest price hitting 8.35 during the day. At this point, Zhejiang Publishing is somewhat reliable. Zhejiang Publishing Media shows Sharpe Ratio of 0.0707, which attests that the company had a 0.0707% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zhejiang Publishing Media, which you can use to evaluate the volatility of the company. Please check out Zhejiang Publishing's Mean Deviation of 1.87, market risk adjusted performance of 0.9226, and Downside Deviation of 3.34 to validate if the risk estimate we provide is consistent with the expected return of 0.19%.
The current year's Common Stock Shares Outstanding is expected to grow to about 2.3 B, whereas Total Stockholder Equity is forecasted to decline to about 10.6 B. . Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zhejiang |
Sharpe Ratio = 0.0707
| Best Portfolio | Best Equity | |||
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| Average Returns | ||||
| Small Returns | 601921 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.72 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Zhejiang Publishing is performing at about 5% 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 Zhejiang Publishing by adding it to a well-diversified portfolio.
Price Book 1.4398 | Enterprise Value Ebitda 7.2964 | Price Sales 1.5947 | Shares Float 365.1 M | Dividend Share 0.39 |
Zhejiang Publishing Valuation on March 4, 2024
It is possible to determine the worth of Zhejiang Publishing on a given historical date. On March 4, 2024 Zhejiang was worth 7.75 at the beginning of the trading date compared to the closed value of 7.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Publishing stock. Still, in general, we apply an absolute valuation method to find Zhejiang Publishing'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 Zhejiang Publishing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Publishing's related companies.
| Open | High | Low | Close | Volume | |
| 7.87 | 7.93 | 7.57 | 7.74 | 48,759,653 | |
03/04/2024 | 7.75 | 7.88 | 7.65 | 7.85 | 30,616,903 |
| 7.83 | 8.13 | 7.76 | 8.05 | 33,486,576 |
| Backtest Zhejiang Publishing | | | Zhejiang Publishing History | | | Zhejiang Publishing Valuation | Previous | Next |
Zhejiang Publishing Trading Date Momentum on March 4, 2024
| On March 05 2024 Zhejiang Publishing Media was traded for 8.05 at the closing time. The highest price during the trading period was 8.13 and the lowest recorded bid was listed for 7.76 . The volume for the day was 33.5 M. This history from March 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.55% . The trading date delta to the current price is 12.48% . |
Zhejiang Publishing Media Fundamentals Correlations and Trends
By evaluating Zhejiang Publishing'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 Zhejiang Publishing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhejiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhejiang Publishing Stock history
Zhejiang Publishing 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 Zhejiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhejiang Publishing Media 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 Zhejiang Publishing stock prices may prove useful in developing a viable investing in Zhejiang Publishing
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.2 B | 2.3 B | |
| Net Income Applicable To Common Shares | 1.6 B | 1.4 B |
Zhejiang Publishing Quarterly Net Working Capital |
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Zhejiang Publishing Stock Technical Analysis
Zhejiang Publishing 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
Zhejiang Publishing Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Zhejiang Publishing Media 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.
Zhejiang Publishing December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Publishing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhejiang Publishing shares will generate the highest return on investment. By undertsting and applying Zhejiang Publishing stock market strength indicators, traders can identify Zhejiang Publishing Media entry and exit signals to maximize returns
Zhejiang Publishing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Publishing's price direction in advance. Along with the technical and fundamental analysis of Zhejiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhejiang 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 | 0.0461 | |||
| Jensen Alpha | 0.1145 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0049 | |||
| Treynor Ratio | 0.9126 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Publishing's price analysis, check to measure Zhejiang Publishing'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 Zhejiang Publishing is operating at the current time. Most of Zhejiang Publishing's value examination focuses on studying past and present price action to predict the probability of Zhejiang Publishing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Publishing's price. Additionally, you may evaluate how the addition of Zhejiang Publishing to your portfolios can decrease your overall portfolio volatility.
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