Changshu Automotive (China) Price on November 18, 2024
| 603035 Stock | 14.72 0.12 0.82% |
Below is the normalized historical share price chart for Changshu Automotive Trim extending back to January 05, 2017. 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 Changshu Automotive stands at 14.72, as last reported on the 2nd of December, with the highest price reaching 14.72 and the lowest price hitting 14.53 during the day.
If you're considering investing in Changshu Stock, it is important to understand the factors that can impact its price. Changshu Automotive appears to be not too volatile, given 3 months investment horizon. Changshu Automotive Trim secures Sharpe Ratio (or Efficiency) of 0.0978, which signifies that the company had a 0.0978% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Changshu Automotive Trim, which you can use to evaluate the volatility of the firm. Please makes use of Changshu Automotive's mean deviation of 1.97, and Risk Adjusted Performance of 0.1062 to double-check if our risk estimates are consistent with your expectations.
As of December 2, 2024, Total Stockholder Equity is expected to decline to about 2.7 B. In addition to that, Common Stock is expected to decline to about 286.4 M. Changshu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 13.9915 | 50 Day MA 14.2096 | Beta 0.612 |
Changshu |
Sharpe Ratio = 0.0978
| Best Portfolio | Best Equity | |||
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| Small Returns | 603035 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.94 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Changshu Automotive is performing at about 7% 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 Changshu Automotive by adding it to a well-diversified portfolio.
Price Book 1.0564 | Enterprise Value Ebitda 10.7387 | Price Sales 1.0586 | Shares Float 254.8 M | Wall Street Target Price 15.9 |
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Changshu Automotive Valuation on November 18, 2024
It is possible to determine the worth of Changshu Automotive on a given historical date. On November 18, 2024 Changshu was worth 14.85 at the beginning of the trading date compared to the closed value of 15.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Changshu Automotive stock. Still, in general, we apply an absolute valuation method to find Changshu Automotive'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 Changshu Automotive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Changshu Automotive's related companies.
| Open | High | Low | Close | Volume | |
| 14.82 | 14.98 | 14.69 | 14.73 | 8,227,141 | |
11/18/2024 | 14.85 | 15.17 | 14.73 | 15.03 | 10,550,969 |
| 15.03 | 15.13 | 14.80 | 15.13 | 9,839,800 |
| Backtest Changshu Automotive | | | Changshu Automotive History | | | Changshu Automotive Valuation | Previous | Next |
Changshu Automotive Trading Date Momentum on November 18, 2024
| On November 19 2024 Changshu Automotive Trim was traded for 15.13 at the closing time. The highest price during the trading period was 15.13 and the lowest recorded bid was listed for 14.80 . The volume for the day was 9.8 M. This history from November 19, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.67% . The overall trading delta to the current price is 2.86% . |
Changshu Automotive Trim Fundamentals Correlations and Trends
By evaluating Changshu Automotive'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 Changshu Automotive's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Changshu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Changshu Automotive Stock history
Changshu Automotive 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 Changshu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Changshu Automotive Trim 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 Changshu Automotive stock prices may prove useful in developing a viable investing in Changshu Automotive
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 437 M | 362 M | |
| Net Income Applicable To Common Shares | 588.5 M | 354.2 M |
Changshu Automotive Stock Technical Analysis
Changshu Automotive 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
Changshu Automotive Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Changshu Automotive Trim 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.
Changshu Automotive December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Changshu Automotive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Changshu Automotive shares will generate the highest return on investment. By undertsting and applying Changshu Automotive stock market strength indicators, traders can identify Changshu Automotive Trim entry and exit signals to maximize returns
Changshu Automotive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Changshu Automotive's price direction in advance. Along with the technical and fundamental analysis of Changshu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Changshu 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 | 0.1062 | |||
| Jensen Alpha | 0.3839 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0867 | |||
| Treynor Ratio | (2.02) |
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| Volume Indicators |
Complementary Tools for Changshu Stock analysis
When running Changshu Automotive's price analysis, check to measure Changshu Automotive'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 Changshu Automotive is operating at the current time. Most of Changshu Automotive's value examination focuses on studying past and present price action to predict the probability of Changshu Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changshu Automotive's price. Additionally, you may evaluate how the addition of Changshu Automotive to your portfolios can decrease your overall portfolio volatility.
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