Hefei Metalforming (China) Price on August 29, 2024
| 603011 Stock | 7.66 0.42 5.20% |
Below is the normalized historical share price chart for Hefei Metalforming Mach extending back to November 07, 2014. 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 Hefei Metalforming stands at 7.66, as last reported on the 26th of November, with the highest price reaching 8.06 and the lowest price hitting 7.61 during the day.
If you're considering investing in Hefei Stock, it is important to understand the factors that can impact its price. Hefei Metalforming appears to be slightly risky, given 3 months investment horizon. Hefei Metalforming Mach holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. By evaluating Hefei Metalforming's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please utilize Hefei Metalforming's Market Risk Adjusted Performance of (0.89), risk adjusted performance of 0.134, and Downside Deviation of 3.38 to validate if our risk estimates are consistent with your expectations.
As of November 26, 2024, Total Stockholder Equity is expected to decline to about 1.4 B. In addition to that, Common Stock is expected to decline to about 346.1 M. Hefei Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 6.6566 | 50 Day MA 6.852 | Beta 0.476 |
Hefei |
Sharpe Ratio = 0.2136
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603011 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.7 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Hefei Metalforming is performing at about 16% 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 Hefei Metalforming by adding it to a well-diversified portfolio.
Price Book 1.7875 | Enterprise Value Ebitda 105.2913 | Price Sales 1.9205 | Shares Float 41 M | Wall Street Target Price 13.8 |
Hefei Metalforming Valuation on August 29, 2024
It is possible to determine the worth of Hefei Metalforming on a given historical date. On August 29, 2024 Hefei was worth 5.32 at the beginning of the trading date compared to the closed value of 5.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hefei Metalforming stock. Still, in general, we apply an absolute valuation method to find Hefei Metalforming'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 Hefei Metalforming where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hefei Metalforming's related companies.
| Open | High | Low | Close | Volume | |
| 5.31 | 5.39 | 5.22 | 5.32 | 4,753,500 | |
08/29/2024 | 5.32 | 5.52 | 5.28 | 5.50 | 6,071,100 |
| 5.55 | 5.68 | 5.46 | 5.61 | 6,207,162 |
| Backtest Hefei Metalforming | | | Hefei Metalforming History | | | Hefei Metalforming Valuation | Previous | Next |
Hefei Metalforming Trading Date Momentum on August 29, 2024
| On August 30 2024 Hefei Metalforming Mach was traded for 5.61 at the closing time. The highest price during the trading period was 5.68 and the lowest recorded bid was listed for 5.46 . The volume for the day was 6.2 M. This history from August 30, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.00% . The trading delta at closing time to the current price is 1.64% . |
Hefei Metalforming Mach Fundamentals Correlations and Trends
By evaluating Hefei Metalforming'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 Hefei Metalforming's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hefei financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hefei Metalforming Stock history
Hefei Metalforming 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 Hefei is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hefei Metalforming Mach 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 Hefei Metalforming stock prices may prove useful in developing a viable investing in Hefei Metalforming
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 568.6 M | 509.3 M | |
| Net Income Applicable To Common Shares | 57.9 M | 34.6 M |
Hefei Metalforming Quarterly Net Working Capital |
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Hefei Metalforming Stock Technical Analysis
Hefei Metalforming 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
Hefei Metalforming Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Hefei Metalforming Mach 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.
Hefei Metalforming November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Hefei Metalforming stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hefei Metalforming shares will generate the highest return on investment. By undertsting and applying Hefei Metalforming stock market strength indicators, traders can identify Hefei Metalforming Mach entry and exit signals to maximize returns
Hefei Metalforming Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hefei Metalforming's price direction in advance. Along with the technical and fundamental analysis of Hefei Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hefei 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 | 0.134 | |||
| Jensen Alpha | 0.6567 | |||
| Total Risk Alpha | 0.0253 | |||
| Sortino Ratio | 0.1364 | |||
| Treynor Ratio | (0.90) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hefei Stock analysis
When running Hefei Metalforming's price analysis, check to measure Hefei Metalforming'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 Hefei Metalforming is operating at the current time. Most of Hefei Metalforming's value examination focuses on studying past and present price action to predict the probability of Hefei Metalforming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hefei Metalforming's price. Additionally, you may evaluate how the addition of Hefei Metalforming to your portfolios can decrease your overall portfolio volatility.
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