Huitong Construction (China) Price on November 26, 2024
| 603176 Stock | 5.23 0.14 2.75% |
If you're considering investing in Huitong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Huitong Construction stands at 5.23, as last reported on the 2nd of December, with the highest price reaching 5.25 and the lowest price hitting 5.08 during the day. Huitong Construction appears to be slightly risky, given 3 months investment horizon. Huitong Construction holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. By evaluating Huitong Construction's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize Huitong Construction's Downside Deviation of 2.65, market risk adjusted performance of 3.41, and Risk Adjusted Performance of 0.158 to validate if our risk estimates are consistent with your expectations.
As of December 2, 2024, Total Stockholder Equity is expected to decline to about 990 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 462 M. Huitong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Huitong |
Sharpe Ratio = 0.1791
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603176 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Huitong Construction 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 Huitong Construction by adding it to a well-diversified portfolio.
Price Book 2.0991 | Enterprise Value Ebitda 16.304 | Price Sales 0.7614 | Shares Float 114.5 M | Dividend Share 0.02 |
Huitong Construction Valuation on November 26, 2024
It is possible to determine the worth of Huitong Construction on a given historical date. On November 26, 2024 Huitong was worth 5.14 at the beginning of the trading date compared to the closed value of 5.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Huitong Construction stock. Still, in general, we apply an absolute valuation method to find Huitong Construction'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 Huitong Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Huitong Construction's related companies.
| Open | High | Low | Close | Volume | |
| 5.27 | 5.32 | 5.10 | 5.18 | 10,784,750 | |
11/26/2024 | 5.14 | 5.20 | 5.06 | 5.09 | 6,806,100 |
| 5.05 | 5.08 | 4.92 | 5.05 | 5,739,696 |
| Backtest Huitong Construction | | | Huitong Construction History | | | Huitong Construction Valuation | Previous | Next |
Huitong Construction Trading Date Momentum on November 26, 2024
| On November 27 2024 Huitong Construction Group was traded for 5.05 at the closing time. The highest price during the trading period was 5.08 and the lowest recorded bid was listed for 4.92 . The volume for the day was 5.7 M. This history from November 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.79% . The trading delta at closing time to the current price is 0.79% . |
Huitong Construction Fundamentals Correlations and Trends
By evaluating Huitong Construction'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 Huitong Construction's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Huitong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Huitong Construction Stock history
Huitong Construction 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 Huitong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Huitong Construction 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 Huitong Construction stock prices may prove useful in developing a viable investing in Huitong Construction
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 466.7 M | 462 M |
Huitong Construction Quarterly Net Working Capital |
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Huitong Construction Stock Technical Analysis
Huitong Construction 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
Huitong Construction Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Huitong Construction 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.
Huitong Construction December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Huitong Construction stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Huitong Construction shares will generate the highest return on investment. By undertsting and applying Huitong Construction stock market strength indicators, traders can identify Huitong Construction Group entry and exit signals to maximize returns
Huitong Construction Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Huitong Construction's price direction in advance. Along with the technical and fundamental analysis of Huitong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Huitong 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 | 0.158 | |||
| Jensen Alpha | 0.6016 | |||
| Total Risk Alpha | 0.0863 | |||
| Sortino Ratio | 0.1877 | |||
| Treynor Ratio | 3.4 |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Huitong Stock analysis
When running Huitong Construction's price analysis, check to measure Huitong Construction'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 Huitong Construction is operating at the current time. Most of Huitong Construction's value examination focuses on studying past and present price action to predict the probability of Huitong Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huitong Construction's price. Additionally, you may evaluate how the addition of Huitong Construction to your portfolios can decrease your overall portfolio volatility.
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