Thinkingdom Media (China) Price on December 3, 2024

603096 Stock   21.16  0.38  1.83%   
Below is the normalized historical share price chart for Thinkingdom Media Group extending back to April 25, 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 Thinkingdom Media stands at 21.16, as last reported on the 11th of December 2024, with the highest price reaching 21.19 and the lowest price hitting 20.57 during the day.
200 Day MA
17.1668
50 Day MA
18.2246
Beta
0.73
 
Covid
If you're considering investing in Thinkingdom Stock, it is important to understand the factors that can impact its price. Thinkingdom Media appears to be somewhat reliable, given 3 months investment horizon. Thinkingdom Media owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. By inspecting Thinkingdom Media's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please review Thinkingdom Media's Semi Deviation of 2.8, risk adjusted performance of 0.1191, and Coefficient Of Variation of 649.09 to confirm if our risk estimates are consistent with your expectations.
  
As of December 11, 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 136.3 M. Thinkingdom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1785

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns603096
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.49
  actual daily
31
69% of assets are more volatile

Expected Return

 0.62
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Thinkingdom Media 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 Thinkingdom Media by adding it to a well-diversified portfolio.
Price Book
1.6783
Enterprise Value Ebitda
10.8905
Price Sales
3.6937
Shares Float
59.2 M
Wall Street Target Price
21.12

Related Headline

Shenzhen Mindray Headline on 3rd of December 2024

Does Shenzhen Mindray Bio-Medical Electronics Have A Healthy Balance Sheet Simply Wall St

Thinkingdom Media Valuation on December 3, 2024

It is possible to determine the worth of Thinkingdom Media on a given historical date. On December 3, 2024 Thinkingdom was worth 21.65 at the beginning of the trading date compared to the closed value of 23.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thinkingdom Media stock. Still, in general, we apply an absolute valuation method to find Thinkingdom Media'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 Thinkingdom Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thinkingdom Media's related companies.
 Open High Low Close Volume
  21.52    24.60    21.39    22.61    24,210,594  
12/03/2024
  21.65    24.70    21.31    23.00    21,085,949  
  22.15    22.70    20.70    20.75    16,610,529  
Backtest Thinkingdom Media  |  Thinkingdom Media History  |  Thinkingdom Media Valuation   PreviousNext  
Open Value
21.65
23.0
Closing Value
32.11
Upside

Thinkingdom Media Trading Date Momentum on December 3, 2024

On December 04 2024 Thinkingdom Media Group was traded for  20.75  at the closing time. The highest price during the trading period was 22.70  and the lowest recorded bid was listed for  20.70 . The volume for the day was 16.6 M. This history from December 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 9.78% . The trading price change to the current price is 10.43% .

Thinkingdom Media Fundamentals Correlations and Trends

By evaluating Thinkingdom Media'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 Thinkingdom Media's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thinkingdom financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Thinkingdom Media Stock history

Thinkingdom Media 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 Thinkingdom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thinkingdom 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 Thinkingdom Media stock prices may prove useful in developing a viable investing in Thinkingdom Media
Last ReportedProjected for Next Year
Common Stock Shares Outstanding186.9 M178.7 M
Net Income Applicable To Common Shares123.3 M148.3 M

Thinkingdom Media Quarterly Net Working Capital

1.53 Billion

Thinkingdom Media Stock Technical Analysis

Thinkingdom Media 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 Thinkingdom Media technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thinkingdom Media 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

Thinkingdom Media Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Thinkingdom Media Group 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.

Thinkingdom Media December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Thinkingdom Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thinkingdom Media shares will generate the highest return on investment. By undertsting and applying Thinkingdom Media stock market strength indicators, traders can identify Thinkingdom Media Group entry and exit signals to maximize returns

Thinkingdom Media Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thinkingdom Media's price direction in advance. Along with the technical and fundamental analysis of Thinkingdom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thinkingdom 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 Thinkingdom Stock analysis

When running Thinkingdom Media's price analysis, check to measure Thinkingdom Media'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 Thinkingdom Media is operating at the current time. Most of Thinkingdom Media's value examination focuses on studying past and present price action to predict the probability of Thinkingdom Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thinkingdom Media's price. Additionally, you may evaluate how the addition of Thinkingdom Media to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences