Zhejiang HISUN (China) Price on February 28, 2024
| 688203 Stock | 10.83 0.14 1.31% |
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zhejiang HISUN stands at 10.83, as last reported on the 11th of December 2024, with the highest price reaching 10.88 and the lowest price hitting 10.68 during the day. Zhejiang HISUN appears to be somewhat reliable, given 3 months investment horizon. Zhejiang HISUN Bioma shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. By examining Zhejiang HISUN's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Zhejiang HISUN's Mean Deviation of 2.1, downside deviation of 3.23, and Market Risk Adjusted Performance of (1.90) to validate if our risk estimates are consistent with your expectations.
As of December 11, 2024, Total Stockholder Equity is expected to decline to about 1.2 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 195.1 M. Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zhejiang |
Sharpe Ratio = 0.1513
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| Small Returns | 688203 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.45 actual daily | 30 70% 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 Zhejiang HISUN 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 Zhejiang HISUN by adding it to a well-diversified portfolio.
Price Book 1.443 | Enterprise Value Ebitda 31.2365 | Price Sales 2.5119 | Shares Float 60.5 M | Dividend Share 0.08 |
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Zhejiang HISUN Valuation on February 28, 2024
It is possible to determine the worth of Zhejiang HISUN on a given historical date. On February 28, 2024 Zhejiang was worth 10.16 at the beginning of the trading date compared to the closed value of 9.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang HISUN stock. Still, in general, we apply an absolute valuation method to find Zhejiang HISUN'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 Zhejiang HISUN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang HISUN's related companies.
| Open | High | Low | Close | Volume | |
| 9.90 | 10.17 | 9.72 | 10.12 | 1,381,857 | |
02/28/2024 | 10.16 | 10.21 | 9.01 | 9.01 | 4,211,746 |
| 8.98 | 9.38 | 8.91 | 9.32 | 2,451,392 |
| Backtest Zhejiang HISUN | | | Zhejiang HISUN History | | | Zhejiang HISUN Valuation | Previous | Next |
Zhejiang HISUN Trading Date Momentum on February 28, 2024
| On February 29 2024 Zhejiang HISUN Biomaterials was traded for 9.32 at the closing time. The highest price during the trading period was 9.38 and the lowest recorded bid was listed for 8.91 . The volume for the day was 2.5 M. This history from February 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.44% . The trading date delta to the current price is 3.44% . |
Zhejiang HISUN Bioma Fundamentals Correlations and Trends
By evaluating Zhejiang HISUN'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 Zhejiang HISUN's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhejiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhejiang HISUN Stock history
Zhejiang HISUN 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 Zhejiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhejiang HISUN Bioma 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 Zhejiang HISUN stock prices may prove useful in developing a viable investing in Zhejiang HISUN
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 233.1 M | 195.1 M |
Zhejiang HISUN Quarterly Net Working Capital |
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Zhejiang HISUN Stock Technical Analysis
Zhejiang HISUN 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
Zhejiang HISUN Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Zhejiang HISUN Biomaterials 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.
Zhejiang HISUN December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang HISUN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhejiang HISUN shares will generate the highest return on investment. By undertsting and applying Zhejiang HISUN stock market strength indicators, traders can identify Zhejiang HISUN Biomaterials entry and exit signals to maximize returns
Zhejiang HISUN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang HISUN's price direction in advance. Along with the technical and fundamental analysis of Zhejiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhejiang 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 | 0.1007 | |||
| Jensen Alpha | 0.4315 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0907 | |||
| Treynor Ratio | (1.91) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang HISUN's price analysis, check to measure Zhejiang HISUN'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 Zhejiang HISUN is operating at the current time. Most of Zhejiang HISUN's value examination focuses on studying past and present price action to predict the probability of Zhejiang HISUN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang HISUN's price. Additionally, you may evaluate how the addition of Zhejiang HISUN to your portfolios can decrease your overall portfolio volatility.
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