Nantong Haixing (China) Price on August 29, 2024
| 603115 Stock | 13.49 0.15 1.10% |
Below is the normalized historical share price chart for Nantong Haixing Electronics extending back to August 09, 2019. 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 Nantong Haixing stands at 13.49, as last reported on the 27th of November, with the highest price reaching 13.68 and the lowest price hitting 13.45 during the day.
If you're considering investing in Nantong Stock, it is important to understand the factors that can impact its price. Nantong Haixing appears to be not too volatile, given 3 months investment horizon. Nantong Haixing Elec has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nantong Haixing, which you can use to evaluate the volatility of the firm. Please exercise Nantong Haixing's Downside Deviation of 2.34, risk adjusted performance of 0.1688, and Mean Deviation of 1.71 to check out if our risk estimates are consistent with your expectations.
As of November 27, 2024, Total Stockholder Equity is expected to decline to about 1.5 B. The current year's Other Stockholder Equity is expected to grow to about (868.2 K). Nantong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 11.5033 | 50 Day MA 12.671 | Beta 0.321 |
Nantong |
Sharpe Ratio = 0.1734
| Best Portfolio | Best Equity | |||
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| Small Returns | 603115 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Nantong Haixing is performing at about 13% 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 Nantong Haixing by adding it to a well-diversified portfolio.
Price Book 1.6339 | Book Value 8.256 | Enterprise Value 2.6 B | Enterprise Value Ebitda 12.6751 | Price Sales 1.7256 |
Nantong Haixing Valuation on August 29, 2024
It is possible to determine the worth of Nantong Haixing on a given historical date. On August 29, 2024 Nantong was worth 10.29 at the beginning of the trading date compared to the closed value of 10.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nantong Haixing stock. Still, in general, we apply an absolute valuation method to find Nantong Haixing'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 Nantong Haixing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nantong Haixing's related companies.
| Open | High | Low | Close | Volume | |
| 10.10 | 10.37 | 10.03 | 10.31 | 2,475,801 | |
08/29/2024 | 10.29 | 10.70 | 10.20 | 10.67 | 2,956,500 |
| 10.61 | 10.76 | 10.54 | 10.66 | 2,747,700 |
| Backtest Nantong Haixing | | | Nantong Haixing History | | | Nantong Haixing Valuation | Previous | Next |
Nantong Haixing Trading Date Momentum on August 29, 2024
| On August 30 2024 Nantong Haixing Electronics was traded for 10.66 at the closing time. The highest price during the trading period was 10.76 and the lowest recorded bid was listed for 10.54 . The volume for the day was 2.7 M. This history from August 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.09% . The trading delta at closing time to the current price is 0.28% . |
Nantong Haixing Elec Fundamentals Correlations and Trends
By evaluating Nantong Haixing'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 Nantong Haixing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nantong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nantong Haixing Stock history
Nantong Haixing 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 Nantong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nantong Haixing Elec 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 Nantong Haixing stock prices may prove useful in developing a viable investing in Nantong Haixing
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 275.1 M | 227.2 M | |
| Net Income Applicable To Common Shares | 254.4 M | 143.8 M |
Nantong Haixing Quarterly Net Working Capital |
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Nantong Haixing Stock Technical Analysis
Nantong Haixing 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
Nantong Haixing Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Nantong Haixing Electronics 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.
Nantong Haixing November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nantong Haixing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nantong Haixing shares will generate the highest return on investment. By undertsting and applying Nantong Haixing stock market strength indicators, traders can identify Nantong Haixing Electronics entry and exit signals to maximize returns
Nantong Haixing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nantong Haixing's price direction in advance. Along with the technical and fundamental analysis of Nantong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nantong 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 | 0.1688 | |||
| Jensen Alpha | 0.5502 | |||
| Total Risk Alpha | 0.1262 | |||
| Sortino Ratio | 0.1714 | |||
| Treynor Ratio | (2.20) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Nantong Stock analysis
When running Nantong Haixing's price analysis, check to measure Nantong Haixing'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 Nantong Haixing is operating at the current time. Most of Nantong Haixing's value examination focuses on studying past and present price action to predict the probability of Nantong Haixing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nantong Haixing's price. Additionally, you may evaluate how the addition of Nantong Haixing to your portfolios can decrease your overall portfolio volatility.
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