Meihua International Medical Stock Price on September 30, 2024
| MHUA Stock | USD 0.72 0.03 4.35% |
If you're considering investing in Meihua Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meihua International stands at 0.72, as last reported on the 22nd of November, with the highest price reaching 0.75 and the lowest price hitting 0.69 during the day. At this point, Meihua International is out of control. Meihua International has Sharpe Ratio of 0.0186, which conveys that the firm had a 0.0186% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Meihua International, which you can use to evaluate the volatility of the firm. Please verify Meihua International's Risk Adjusted Performance of 0.0433, downside deviation of 9.37, and Mean Deviation of 6.17 to check out if the risk estimate we provide is consistent with the expected return of 0.17%.
The current year's Other Stockholder Equity is expected to grow to about 51.9 M, whereas Common Stock is forecasted to decline to about 11.6 K. . At present, Meihua International's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 16.35, whereas Price To Sales Ratio is forecasted to decline to 0.35. Meihua Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Meihua |
Sharpe Ratio = 0.0186
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Estimated Market Risk
| 9.27 actual daily | 82 82% of assets are less volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Meihua International is performing at about 1% 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 Meihua International by adding it to a well-diversified portfolio.
Price Book 0.1198 | Enterprise Value Ebitda 0.8917 | Price Sales 0.1901 | Shares Float 10.2 M | Earnings Share 0.37 |
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Meihua International Valuation on September 30, 2024
It is possible to determine the worth of Meihua International on a given historical date. On September 30, 2024 Meihua was worth 1.07 at the beginning of the trading date compared to the closed value of 1.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meihua International stock. Still, in general, we apply an absolute valuation method to find Meihua International'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 Meihua International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meihua International's related companies.
| Open | High | Low | Close | Volume | |
| 1.05 | 1.05 | 1.01 | 1.04 | 56,564 | |
09/30/2024 | 1.07 | 1.10 | 1.02 | 1.02 | 95,548 |
| 1.02 | 1.10 | 0.97 | 1.06 | 233,037 |
| Backtest Meihua International | | | Meihua International History | | | Meihua International Valuation | Previous | Next |
Meihua International Trading Date Momentum on September 30, 2024
| On October 01 2024 Meihua International Medical was traded for 1.06 at the closing time. The top price for the day was 1.10 and the lowest listed price was 0.97 . The trading volume for the day was 233 K. The trading history from October 1, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 3.92% . The trading delta at closing time against the current closing price is 27.45% . |
Meihua International Fundamentals Correlations and Trends
By evaluating Meihua International'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 Meihua International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meihua financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Meihua International Stock history
Meihua International 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 Meihua is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meihua International 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 Meihua International stock prices may prove useful in developing a viable investing in Meihua International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 23.9 M | 18.5 M | |
| Net Income Applicable To Common Shares | 24.1 M | 19.5 M |
Meihua International Quarterly Net Working Capital |
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Meihua International Stock Technical Analysis
Meihua International 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
Meihua International Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Meihua International Medical cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Meihua International November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Meihua International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meihua International shares will generate the highest return on investment. By undertsting and applying Meihua International stock market strength indicators, traders can identify Meihua International Medical entry and exit signals to maximize returns
Meihua International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meihua International's price direction in advance. Along with the technical and fundamental analysis of Meihua Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meihua 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 | 0.0433 | |||
| Jensen Alpha | 0.2154 | |||
| Total Risk Alpha | (0.81) | |||
| Sortino Ratio | 0.0327 | |||
| Treynor Ratio | 0.2118 |
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Complementary Tools for Meihua Stock analysis
When running Meihua International's price analysis, check to measure Meihua International'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 Meihua International is operating at the current time. Most of Meihua International's value examination focuses on studying past and present price action to predict the probability of Meihua International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meihua International's price. Additionally, you may evaluate how the addition of Meihua International to your portfolios can decrease your overall portfolio volatility.
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