Holike (China) Price on December 6, 2023
| 603898 Stock | 10.40 0.53 5.37% |
If you're considering investing in Holike Stock, it is important to understand the factors that can impact its price. As of today, the current price of Holike stands at 10.40, as last reported on the 2nd of December, with the highest price reaching 10.40 and the lowest price hitting 9.60 during the day. Holike appears to be somewhat reliable, given 3 months investment horizon. Holike holds Efficiency (Sharpe) Ratio of 0.26, which attests that the entity had a 0.26% return per unit of risk over the last 3 months. By evaluating Holike's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please utilize Holike's Market Risk Adjusted Performance of 8.21, risk adjusted performance of 0.2071, and Downside Deviation of 2.69 to validate if our risk estimates are consistent with your expectations.
Holike Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Holike |
Sharpe Ratio = 0.2617
| Best Portfolio | Best Equity | |||
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| Small Returns | 603898 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Holike is performing at about 20% 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 Holike by adding it to a well-diversified portfolio.
Holike Valuation on December 6, 2023
It is possible to determine the worth of Holike on a given historical date. On December 6, 2023 Holike was worth 10.92 at the beginning of the trading date compared to the closed value of 11.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Holike stock. Still, in general, we apply an absolute valuation method to find Holike'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 Holike where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Holike's related companies.
| Open | High | Low | Close | Volume | |
| 11.08 | 11.11 | 10.93 | 10.93 | 1,059,300 | |
12/06/2023 | 10.92 | 11.05 | 10.81 | 11.00 | 887,600 |
| 11.01 | 11.20 | 10.94 | 11.15 | 1,657,300 |
| Backtest Holike | | | Holike History | | | Holike Valuation | Previous | Next |
Holike Trading Date Momentum on December 6, 2023
| On December 07 2023 Holike was traded for 11.15 at the closing time. The highest price during the trading period was 11.20 and the lowest recorded bid was listed for 10.94 . The volume for the day was 1.7 M. This history from December 7, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.36% . The trading delta at closing time to the current price is 0.91% . |
Holike Fundamentals Correlations and Trends
By evaluating Holike'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 Holike's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Holike financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Holike Stock history
Holike 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 Holike is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Holike 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 Holike stock prices may prove useful in developing a viable investing in Holike
Holike Stock Technical Analysis
Holike 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
Holike Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Holike 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.
Holike December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Holike stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Holike shares will generate the highest return on investment. By undertsting and applying Holike stock market strength indicators, traders can identify Holike entry and exit signals to maximize returns
Holike Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Holike's price direction in advance. Along with the technical and fundamental analysis of Holike Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Holike 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 | 0.2071 | |||
| Jensen Alpha | 0.6478 | |||
| Total Risk Alpha | 0.2319 | |||
| Sortino Ratio | 0.1971 | |||
| Treynor Ratio | 8.2 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Holike Stock analysis
When running Holike's price analysis, check to measure Holike'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 Holike is operating at the current time. Most of Holike's value examination focuses on studying past and present price action to predict the probability of Holike's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Holike's price. Additionally, you may evaluate how the addition of Holike to your portfolios can decrease your overall portfolio volatility.
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