Zhejiang Expressway Co Stock Price on July 27, 2023
| ZHEXF Stock | USD 0.65 0.03 4.41% |
If you're considering investing in Zhejiang Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Zhejiang Expressway stands at 0.65, as last reported on the 30th of November, with the highest price reaching 0.65 and the lowest price hitting 0.65 during the day. At this point, Zhejiang Expressway is abnormally volatile. Zhejiang Expressway shows Sharpe Ratio of 0.0078, which attests that the company had a 0.0078% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Zhejiang Expressway, which you can use to evaluate the volatility of the company. Please check out Zhejiang Expressway's Market Risk Adjusted Performance of 0.044, standard deviation of 3.07, and Mean Deviation of 1.03 to validate if the risk estimate we provide is consistent with the expected return of 0.0245%.
Zhejiang Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Zhejiang |
Sharpe Ratio = 0.0078
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZHEXF |
Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zhejiang Expressway 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 Zhejiang Expressway by adding Zhejiang Expressway to a well-diversified portfolio.
Zhejiang Expressway Valuation on July 27, 2023
It is possible to determine the worth of Zhejiang Expressway on a given historical date. On July 27, 2023 Zhejiang was worth 0.67 at the beginning of the trading date compared to the closed value of 0.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Expressway pink sheet. Still, in general, we apply an absolute valuation method to find Zhejiang Expressway'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 Zhejiang Expressway where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Expressway's related companies.
| Open | High | Low | Close | Volume | |
| 0.67 | 0.67 | 0.67 | 0.67 | 82.00 | |
07/27/2023 | 0.67 | 0.67 | 0.67 | 0.67 | 716.00 |
| 0.71 | 0.71 | 0.68 | 0.68 | 894.00 |
| Backtest Zhejiang Expressway | | | Zhejiang Expressway History | | | Zhejiang Expressway Valuation | Previous | Next |
Zhejiang Expressway Trading Date Momentum on July 27, 2023
| On July 31 2023 Zhejiang Expressway Co was traded for 0.68 at the closing time. The highest daily price throughout the period was 0.71 and the lowest price was 0.68 . The daily volume was 894. The net trading volume on 07/31/2023 added to the next day price rise. The trading date delta to closing price of the next trading day was 1.49% . The trading date delta to current closing price is 2.99% . |
Zhejiang Expressway Fundamentals Correlations and Trends
By evaluating Zhejiang Expressway'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 Zhejiang Expressway's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhejiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhejiang Expressway Pink Sheet history
Zhejiang Expressway 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 Zhejiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhejiang Expressway 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 Zhejiang Expressway stock prices may prove useful in developing a viable investing in Zhejiang Expressway
Zhejiang Expressway Co., Ltd., an investment holding company, invests, develops, operates, maintains, and manages roads in the Peoples Republic of China. Zhejiang Expressway Co., Ltd. is a subsidiary of Zhejiang Communications Investment Group Co., Ltd. Zhejiang Expressway operates under Infrastructure Operations classification in the United States and is traded on OTC Exchange. It employs 8957 people.
Zhejiang Expressway Pink Sheet Technical Analysis
Zhejiang Expressway technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Zhejiang Expressway Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Zhejiang Expressway Co cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Zhejiang Expressway November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Expressway pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhejiang Expressway shares will generate the highest return on investment. By undertsting and applying Zhejiang Expressway pink sheet market strength indicators, traders can identify Zhejiang Expressway Co entry and exit signals to maximize returns
Zhejiang Expressway Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Expressway's price direction in advance. Along with the technical and fundamental analysis of Zhejiang Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhejiang 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 | 0.0077 | |||
| Jensen Alpha | 0.0254 | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 0.034 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhejiang Pink Sheet analysis
When running Zhejiang Expressway's price analysis, check to measure Zhejiang Expressway'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 Zhejiang Expressway is operating at the current time. Most of Zhejiang Expressway's value examination focuses on studying past and present price action to predict the probability of Zhejiang Expressway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Expressway's price. Additionally, you may evaluate how the addition of Zhejiang Expressway to your portfolios can decrease your overall portfolio volatility.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |