Heilongjiang Publishing (China) Price on July 26, 2023
| 605577 Stock | 16.96 0.19 1.13% |
If you're considering investing in Heilongjiang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Heilongjiang Publishing stands at 16.96, as last reported on the 26th of November, with the highest price reaching 17.17 and the lowest price hitting 16.11 during the day. Heilongjiang Publishing appears to be somewhat reliable, given 3 months investment horizon. Heilongjiang Publishing holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. By evaluating Heilongjiang Publishing's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Heilongjiang Publishing's Market Risk Adjusted Performance of (0.39), risk adjusted performance of 0.0762, and Downside Deviation of 3.27 to validate if our risk estimates are consistent with your expectations.
At present, Heilongjiang Publishing's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 714.8 M, whereas Total Stockholder Equity is forecasted to decline to about 2.9 B. . Heilongjiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Heilongjiang |
Sharpe Ratio = 0.1451
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 605577 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.56 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Heilongjiang Publishing is performing at about 11% 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 Heilongjiang Publishing by adding it to a well-diversified portfolio.
Price Book 1.9665 | Enterprise Value Ebitda 20.7663 | Price Sales 4.5858 | Shares Float 76.7 M | Dividend Share 0.08 |
Heilongjiang Publishing Valuation on July 26, 2023
It is possible to determine the worth of Heilongjiang Publishing on a given historical date. On July 26, 2023 Heilongjiang was worth 11.51 at the beginning of the trading date compared to the closed value of 11.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Heilongjiang Publishing stock. Still, in general, we apply an absolute valuation method to find Heilongjiang Publishing'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 Heilongjiang Publishing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Heilongjiang Publishing's related companies.
| Open | High | Low | Close | Volume | |
| 11.40 | 11.58 | 11.33 | 11.51 | 2,514,600 | |
07/26/2023 | 11.51 | 11.51 | 11.19 | 11.24 | 2,696,200 |
| 11.23 | 11.29 | 10.94 | 10.98 | 2,630,100 |
| Backtest Heilongjiang Publishing | | | Heilongjiang Publishing History | | | Heilongjiang Publishing Valuation | Previous | Next |
Heilongjiang Publishing Trading Date Momentum on July 26, 2023
| On July 27 2023 Heilongjiang Publishing Media was traded for 10.98 at the closing time. The highest price during the trading period was 11.29 and the lowest recorded bid was listed for 10.94 . The volume for the day was 2.6 M. This history from July 27, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.31% . The trading delta at closing time to the current price is 1.33% . |
Heilongjiang Publishing Fundamentals Correlations and Trends
By evaluating Heilongjiang Publishing'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 Heilongjiang Publishing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Heilongjiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Heilongjiang Publishing Stock history
Heilongjiang Publishing 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 Heilongjiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Heilongjiang Publishing 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 Heilongjiang Publishing stock prices may prove useful in developing a viable investing in Heilongjiang Publishing
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 444.4 M | 452.6 M |
Heilongjiang Publishing Quarterly Net Working Capital |
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Heilongjiang Publishing Stock Technical Analysis
Heilongjiang Publishing 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
Heilongjiang Publishing Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Heilongjiang Publishing Media 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.
Heilongjiang Publishing November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Heilongjiang Publishing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Heilongjiang Publishing shares will generate the highest return on investment. By undertsting and applying Heilongjiang Publishing stock market strength indicators, traders can identify Heilongjiang Publishing Media entry and exit signals to maximize returns
Heilongjiang Publishing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Heilongjiang Publishing's price direction in advance. Along with the technical and fundamental analysis of Heilongjiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Heilongjiang 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 | 0.0762 | |||
| Jensen Alpha | 0.3824 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0539 | |||
| Treynor Ratio | (0.40) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Heilongjiang Stock analysis
When running Heilongjiang Publishing's price analysis, check to measure Heilongjiang Publishing'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 Heilongjiang Publishing is operating at the current time. Most of Heilongjiang Publishing's value examination focuses on studying past and present price action to predict the probability of Heilongjiang Publishing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heilongjiang Publishing's price. Additionally, you may evaluate how the addition of Heilongjiang Publishing to your portfolios can decrease your overall portfolio volatility.
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