Chison Medical (China) Price on October 31, 2024
| 688358 Stock | 24.59 0.33 1.36% |
Below is the normalized historical share price chart for Chison Medical Technologies extending back to December 03, 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 Chison Medical stands at 24.59, as last reported on the 23rd of January, with the highest price reaching 24.66 and the lowest price hitting 24.17 during the day.
If you're considering investing in Chison Stock, it is important to understand the factors that can impact its price. At this point, Chison Medical is not too volatile. Chison Medical Techn secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Chison Medical Technologies, which you can use to evaluate the volatility of the firm. Please confirm Chison Medical's Mean Deviation of 1.95, risk adjusted performance of 0.006, and Standard Deviation of 2.56 to double-check if the risk estimate we provide is consistent with the expected return of 0.0083%.
As of January 23, 2025, Total Stockholder Equity is expected to decline to about 924.2 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 101.9 M. Chison Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 25.8067 | 50 Day MA 25.5666 |
Chison |
Sharpe Ratio = 0.0032
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 688358 |
Estimated Market Risk
| 2.6 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chison Medical is not performing at its full potential. However, 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 Chison Medical by adding Chison Medical to a well-diversified portfolio.
Price Book 2.0041 | Enterprise Value 1.7 B | Enterprise Value Ebitda 18.6887 | Price Sales 6.0784 | Market Capitalization 3.5 B |
Chison Medical Valuation on October 31, 2024
It is possible to determine the worth of Chison Medical on a given historical date. On October 31, 2024 Chison was worth 23.8 at the beginning of the trading date compared to the closed value of 24.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chison Medical stock. Still, in general, we apply an absolute valuation method to find Chison Medical'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 Chison Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chison Medical's related companies.
| Open | High | Low | Close | Volume | |
| 24.60 | 24.80 | 23.58 | 23.88 | 1,135,646 | |
10/31/2024 | 23.80 | 24.39 | 23.71 | 24.24 | 1,084,935 |
| 24.16 | 24.38 | 23.32 | 23.50 | 1,394,392 |
| Backtest Chison Medical | | | Chison Medical History | | | Chison Medical Valuation | Previous | Next |
Chison Medical Trading Date Momentum on October 31, 2024
| On November 01 2024 Chison Medical Technologies was traded for 23.50 at the closing time. The highest price during the trading period was 24.38 and the lowest recorded bid was listed for 23.32 . The volume for the day was 1.4 M. This history from November 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.05% . The overall trading delta to the current price is 4.29% . |
Chison Medical Techn Fundamentals Correlations and Trends
By evaluating Chison Medical'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 Chison Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chison financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chison Medical Stock history
Chison Medical 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 Chison is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chison Medical Techn 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 Chison Medical stock prices may prove useful in developing a viable investing in Chison Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 128.9 M | 101.9 M |
Chison Medical Quarterly Net Working Capital |
|
Chison Medical Stock Technical Analysis
Chison Medical 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
Chison Medical Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
Chison Medical Technologies 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.
Chison Medical January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Chison Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chison Medical shares will generate the highest return on investment. By undertsting and applying Chison Medical stock market strength indicators, traders can identify Chison Medical Technologies entry and exit signals to maximize returns
Chison Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chison Medical's price direction in advance. Along with the technical and fundamental analysis of Chison Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chison 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 | 0.006 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.02) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Chison Stock analysis
When running Chison Medical's price analysis, check to measure Chison Medical'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 Chison Medical is operating at the current time. Most of Chison Medical's value examination focuses on studying past and present price action to predict the probability of Chison Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chison Medical's price. Additionally, you may evaluate how the addition of Chison Medical to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |