Beijing Tongyizhong (China) Price on December 13, 2024
| 688722 Stock | 13.68 0.55 3.87% |
If you're considering investing in Beijing Stock, it is important to understand the factors that can impact its price. As of today, the current price of Beijing Tongyizhong stands at 13.68, as last reported on the 13th of December 2024, with the highest price reaching 14.21 and the lowest price hitting 13.66 during the day. Beijing Tongyizhong appears to be not too volatile, given 3 months investment horizon. Beijing Tongyizhong New secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of risk over the last 3 months. By analyzing Beijing Tongyizhong's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please makes use of Beijing Tongyizhong's Risk Adjusted Performance of 0.1459, mean deviation of 2.02, and Downside Deviation of 2.74 to double-check if our risk estimates are consistent with your expectations.
As of December 13, 2024, Total Stockholder Equity is expected to decline to about 830.7 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 162.3 M. Beijing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Beijing |
Sharpe Ratio = 0.2079
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688722 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.17 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Beijing Tongyizhong is performing at about 16% 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 Beijing Tongyizhong by adding it to a well-diversified portfolio.
Price Book 2.4743 | Enterprise Value Ebitda 23.7895 | Price Sales 5.5966 | Shares Float 104.3 M | Dividend Share 0.09 |
Beijing Tongyizhong Valuation on December 13, 2024
It is possible to determine the worth of Beijing Tongyizhong on a given historical date. On December 13, 2024 Beijing was worth 14.21 at the beginning of the trading date compared to the closed value of 13.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beijing Tongyizhong stock. Still, in general, we apply an absolute valuation method to find Beijing Tongyizhong'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 Beijing Tongyizhong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beijing Tongyizhong's related companies.
| Open | High | Low | Close | Volume | |
| 14.53 | 14.75 | 14.06 | 14.23 | 6,151,316 | |
12/13/2024 | 14.21 | 14.21 | 13.66 | 13.68 | 6,619,732 |
| Backtest Beijing Tongyizhong | | | Beijing Tongyizhong History | | | Beijing Tongyizhong Valuation | Previous |
Beijing Tongyizhong Trading Date Momentum on December 13, 2024
| On December 13 2024 Beijing Tongyizhong New was traded for 13.68 at the closing time. The highest price during the trading period was 14.21 and the lowest recorded bid was listed for 13.66 . The volume for the day was 6.6 M. This history from December 13, 2024 did not affect price variability. The overall trading delta to the current price is 3.87% . |
Beijing Tongyizhong New Fundamentals Correlations and Trends
By evaluating Beijing Tongyizhong'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 Beijing Tongyizhong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Beijing financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Beijing Tongyizhong Stock history
Beijing Tongyizhong 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 Beijing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beijing Tongyizhong New 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 Beijing Tongyizhong stock prices may prove useful in developing a viable investing in Beijing Tongyizhong
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 258.4 M | 162.3 M |
Beijing Tongyizhong Quarterly Net Working Capital |
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Beijing Tongyizhong Stock Technical Analysis
Beijing Tongyizhong 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
Beijing Tongyizhong Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Beijing Tongyizhong New 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.
Beijing Tongyizhong December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Beijing Tongyizhong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beijing Tongyizhong shares will generate the highest return on investment. By undertsting and applying Beijing Tongyizhong stock market strength indicators, traders can identify Beijing Tongyizhong New entry and exit signals to maximize returns
Beijing Tongyizhong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beijing Tongyizhong's price direction in advance. Along with the technical and fundamental analysis of Beijing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beijing 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 | 0.1459 | |||
| Jensen Alpha | 0.5926 | |||
| Total Risk Alpha | 0.1394 | |||
| Sortino Ratio | 0.1654 | |||
| Treynor Ratio | (1.50) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Beijing Stock analysis
When running Beijing Tongyizhong's price analysis, check to measure Beijing Tongyizhong'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 Beijing Tongyizhong is operating at the current time. Most of Beijing Tongyizhong's value examination focuses on studying past and present price action to predict the probability of Beijing Tongyizhong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beijing Tongyizhong's price. Additionally, you may evaluate how the addition of Beijing Tongyizhong to your portfolios can decrease your overall portfolio volatility.
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