3onedata (China) Price on November 5, 2024
| 688618 Stock | 23.05 0.71 3.18% |
If you're considering investing in 3onedata Stock, it is important to understand the factors that can impact its price. As of today, the current price of 3onedata stands at 23.05, as last reported on the 1st of December, with the highest price reaching 23.20 and the lowest price hitting 22.04 during the day. 3onedata appears to be somewhat reliable, given 3 months investment horizon. 3onedata secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of standard deviation over the last 3 months. By analyzing 3onedata's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please makes use of 3onedata's mean deviation of 3.3, and Risk Adjusted Performance of 0.064 to double-check if our risk estimates are consistent with your expectations.
As of December 1, 2024, Total Stockholder Equity is expected to decline to about 724.3 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 105.8 M. 3onedata Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
3onedata |
Sharpe Ratio = 0.119
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 688618 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.79 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average 3onedata is performing at about 9% 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 3onedata by adding it to a well-diversified portfolio.
Price Book 2.9396 | Enterprise Value 2.3 B | Enterprise Value Ebitda 29.8125 | Price Sales 6.875 | Enterprise Value Revenue 6.0111 |
3onedata Valuation on November 5, 2024
It is possible to determine the worth of 3onedata on a given historical date. On November 5, 2024 3onedata was worth 22.58 at the beginning of the trading date compared to the closed value of 23.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 3onedata stock. Still, in general, we apply an absolute valuation method to find 3onedata'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 3onedata where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 3onedata's related companies.
| Open | High | Low | Close | Volume | |
| 21.77 | 22.68 | 21.70 | 22.57 | 1,557,856 | |
11/05/2024 | 22.58 | 23.79 | 22.35 | 23.52 | 2,040,765 |
| 23.41 | 24.00 | 23.26 | 23.40 | 2,124,508 |
| Backtest 3onedata | | | 3onedata History | | | 3onedata Valuation | Previous | Next |
3onedata Trading Date Momentum on November 5, 2024
| On November 06 2024 3onedata Co Ltd was traded for 23.40 at the closing time. The highest price during the trading period was 24.00 and the lowest recorded bid was listed for 23.26 . The volume for the day was 2.1 M. This history from November 6, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.51% . The daily price change to the current price is 1.91% . |
3onedata Fundamentals Correlations and Trends
By evaluating 3onedata'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 3onedata's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 3onedata financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 3onedata Stock history
3onedata 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 3onedata is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 3onedata 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 3onedata stock prices may prove useful in developing a viable investing in 3onedata
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 111.2 M | 105.8 M |
3onedata Quarterly Net Working Capital |
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3onedata Stock Technical Analysis
3onedata 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
3onedata Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
3onedata Co Ltd 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.
3onedata December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how 3onedata stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 3onedata shares will generate the highest return on investment. By undertsting and applying 3onedata stock market strength indicators, traders can identify 3onedata Co Ltd entry and exit signals to maximize returns
3onedata Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 3onedata's price direction in advance. Along with the technical and fundamental analysis of 3onedata Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 3onedata 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 | 0.064 | |||
| Jensen Alpha | 0.3211 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0479 | |||
| Treynor Ratio | 4.25 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for 3onedata Stock analysis
When running 3onedata's price analysis, check to measure 3onedata'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 3onedata is operating at the current time. Most of 3onedata's value examination focuses on studying past and present price action to predict the probability of 3onedata's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3onedata's price. Additionally, you may evaluate how the addition of 3onedata to your portfolios can decrease your overall portfolio volatility.
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