Zhejiang Publishing (China) Price on June 26, 2023

601921 Stock   8.61  0.22  2.62%   
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 8.61, as last reported on the 11th of December 2024, with the highest price reaching 8.69 and the lowest price hitting 8.35 during the day. Zhejiang Publishing appears to be somewhat reliable, given 3 months investment horizon. Zhejiang Publishing Media shows Sharpe Ratio of 0.0861, which attests that the company had a 0.0861% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zhejiang Publishing Media, which you can use to evaluate the volatility of the company. Please utilize Zhejiang Publishing's Downside Deviation of 3.34, mean deviation of 1.87, and Market Risk Adjusted Performance of 0.9226 to validate if our risk estimates are consistent with your expectations.
  
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.

Sharpe Ratio = 0.0861

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Estimated Market Risk

 2.72
  actual daily
24
76% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average Zhejiang Publishing is performing at about 6% 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

Related Headline

G Bits Headline on 26th of June 2023

Deep neural network-based analysis of the impact of ambidextrous ... Nature.com

Zhejiang Publishing Valuation on June 26, 2023

It is possible to determine the worth of Zhejiang Publishing on a given historical date. On June 26, 2023 Zhejiang was worth 8.61 at the beginning of the trading date compared to the closed value of 8.06. 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
  9.13    9.16    8.65    8.68    19,461,000  
06/26/2023
  8.61    8.62    7.98    8.06    25,255,967  
  8.11    8.47    8.00    8.45    23,642,276  
Backtest Zhejiang Publishing  |  Zhejiang Publishing History  |  Zhejiang Publishing Valuation   PreviousNext  
Open Value
8.61
8.06
Closing Value
16.77
Upside

Zhejiang Publishing Trading Date Momentum on June 26, 2023

On June 27 2023 Zhejiang Publishing Media was traded for  8.45  at the closing time. The highest price during the trading period was 8.47  and the lowest recorded bid was listed for  8.00 . The volume for the day was 23.6 M. This history from June 27, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 4.84% . The trading date delta to the current price is 2.36% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding2.2 B2.3 B
Net Income Applicable To Common Shares1.6 B1.4 B

Zhejiang Publishing Quarterly Net Working Capital

8.09 Billion

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.
A focus of Zhejiang Publishing technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zhejiang Publishing trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Zhejiang Publishing Period Price Range

Low
December 11, 2024
0.00  NaN%
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.

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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