Eastern Communications (China) Price on November 26, 2024
| 900941 Stock | 0.43 0.01 2.38% |
Below is the normalized historical share price chart for Eastern Communications Co extending back to August 09, 1996. 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 Eastern Communications stands at 0.43, as last reported on the 2nd of December, with the highest price reaching 0.43 and the lowest price hitting 0.42 during the day.
If you're considering investing in Eastern Stock, it is important to understand the factors that can impact its price. Eastern Communications appears to be abnormally volatile, given 3 months investment horizon. Eastern Communications secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. By reviewing Eastern Communications' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Eastern Communications' Downside Deviation of 3.69, mean deviation of 2.05, and Coefficient Of Variation of 631.19 to check if our risk estimates are consistent with your expectations.
At present, Eastern Communications' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 1.7 M, whereas Common Stock is forecasted to decline to about 1 B. . Eastern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.3471 | 50 Day MA 0.3946 | Beta 0.381 |
Eastern |
Sharpe Ratio = 0.1719
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 900941 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.9 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Eastern Communications is performing at about 13% 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 Eastern Communications by adding it to a well-diversified portfolio.
Price Book 1.122 | Book Value 2.752 | Enterprise Value 1.8 B | Enterprise Value Ebitda 44.4497 | Price Sales 0.6428 |
Eastern Communications Valuation on November 26, 2024
It is possible to determine the worth of Eastern Communications on a given historical date. On November 26, 2024 Eastern was worth 0.41 at the beginning of the trading date compared to the closed value of 0.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eastern Communications stock. Still, in general, we apply an absolute valuation method to find Eastern Communications' 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 Eastern Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eastern Communications' related companies.
| Open | High | Low | Close | Volume | |
| 0.40 | 0.41 | 0.40 | 0.41 | 629,400 | |
11/26/2024 | 0.41 | 0.43 | 0.41 | 0.43 | 4,739,300 |
| 0.43 | 0.44 | 0.42 | 0.44 | 4,494,123 |
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Eastern Communications Trading Date Momentum on November 26, 2024
| On November 27 2024 Eastern Communications Co was traded for 0.44 at the closing time. The highest price during the trading period was 0.44 and the lowest recorded bid was listed for 0.42 . The volume for the day was 4.5 M. This history from November 27, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.33% . The overall trading delta to the current price is 2.33% . |
Eastern Communications Fundamentals Correlations and Trends
By evaluating Eastern Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Eastern Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eastern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eastern Communications Stock history
Eastern Communications 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 Eastern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eastern Communications 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 Eastern Communications stock prices may prove useful in developing a viable investing in Eastern Communications
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 1 B | |
| Net Income Applicable To Common Shares | 104.6 M | 98.1 M |
Eastern Communications Quarterly Net Working Capital |
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Eastern Communications Stock Technical Analysis
Eastern Communications 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
Eastern Communications Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Eastern Communications Co 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.
Eastern Communications December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Eastern Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eastern Communications shares will generate the highest return on investment. By undertsting and applying Eastern Communications stock market strength indicators, traders can identify Eastern Communications Co entry and exit signals to maximize returns
Eastern Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eastern Communications' price direction in advance. Along with the technical and fundamental analysis of Eastern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eastern 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 | 0.1284 | |||
| Jensen Alpha | 0.3861 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0819 | |||
| Treynor Ratio | 1.27 |
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Complementary Tools for Eastern Stock analysis
When running Eastern Communications' price analysis, check to measure Eastern Communications' 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 Eastern Communications is operating at the current time. Most of Eastern Communications' value examination focuses on studying past and present price action to predict the probability of Eastern Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern Communications' price. Additionally, you may evaluate how the addition of Eastern Communications to your portfolios can decrease your overall portfolio volatility.
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