Zhongrun Resources (China) Price History

000506 Stock   3.36  0.16  5.00%   
Below is the normalized historical share price chart for Zhongrun Resources Investment extending back to December 01, 1995. 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 Zhongrun Resources stands at 3.36, as last reported on the 28th of November, with the highest price reaching 3.36 and the lowest price hitting 3.36 during the day.
IPO Date
27th of January 1989
200 Day MA
2.5211
50 Day MA
2.361
Beta
0.144
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Zhongrun Stock, it is important to understand the factors that can impact its price. Zhongrun Resources is very risky given 3 months investment horizon. Zhongrun Resources shows Sharpe Ratio of 0.39, which attests that the company had a 0.39% return per unit of risk over the last 3 months. We were able to analyze twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.61% are justified by taking the suggested risk. Use Zhongrun Resources Investment Mean Deviation of 3.75, downside deviation of 4.58, and Market Risk Adjusted Performance of (3.62) to evaluate company specific risk that cannot be diversified away.
  
The current year's Total Stockholder Equity is expected to grow to about 896.7 M, whereas Common Stock is forecasted to decline to about 724.8 M. . Zhongrun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3948

Best PortfolioBest Equity
Good Returns
Average Returns000506
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 4.07
  actual daily
36
64% of assets are more volatile

Expected Return

 1.61
  actual daily
32
68% of assets have higher returns

Risk-Adjusted Return

 0.39
  actual daily
31
69% of assets perform better
Based on monthly moving average Zhongrun Resources is performing at about 31% 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 Zhongrun Resources by adding it to a well-diversified portfolio.
Price Book
5.0899
Book Value
0.719
Enterprise Value
3.2 B
Enterprise Value Ebitda
22.7491
Price Sales
14.1405

Zhongrun Resources Stock Price History Chart

There are several ways to analyze Zhongrun Stock price data. The simplest method is using a basic Zhongrun candlestick price chart, which shows Zhongrun Resources price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 12, 20244.03
Lowest PriceAugust 26, 20241.11

Zhongrun Resources November 28, 2024 Stock Price Synopsis

Various analyses of Zhongrun Resources' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Zhongrun Stock. It can be used to describe the percentage change in the price of Zhongrun Resources from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Zhongrun Stock.
Zhongrun Resources Price Action Indicator 0.08 
Zhongrun Resources Price Rate Of Daily Change 1.05 

Zhongrun Resources November 28, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Zhongrun Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Zhongrun Resources intraday prices and daily technical indicators to check the level of noise trading in Zhongrun Stock and then apply it to test your longer-term investment strategies against Zhongrun.

Zhongrun Stock Price History Data

The price series of Zhongrun Resources for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 has a statistical range of 2.92 with a coefficient of variation of 45.15. The prices are distributed with arithmetic mean of 2.1. The median price for the last 90 days is 1.55. The company had 1.2:1 stock split on 17th of May 2013. Zhongrun Resources issued dividends on 2014-08-22.
OpenHighLowCloseVolume
11/28/2024 3.36  3.36  3.36  3.36  2,168,612 
11/27/2024 3.20  3.20  3.15  3.20  18,974,900 
11/26/2024 2.96  3.24  2.94  3.05  75,526,643 
11/25/2024 3.20  3.23  3.09  3.09  39,096,000 
11/22/2024 3.26  3.39  3.25  3.25  51,010,140 
11/21/2024 3.42  3.47  3.42  3.42  47,059,043 
11/20/2024 3.49  3.62  3.46  3.60  102,035,298 
11/19/2024 3.43  3.55  3.43  3.45  68,623,934 
11/18/2024 3.61  3.74  3.61  3.61  37,105,800 
11/15/2024 3.80  3.88  3.80  3.80  60,299,600 
11/14/2024 3.70  4.02  3.70  4.00  114,395,304 
11/13/2024 4.19  4.19  3.83  3.83  130,238,617 
11/12/2024 4.03  4.03  3.68  4.03  111,119,297 
11/11/2024 3.84  3.84  3.84  3.84  4,927,182 
11/08/2024 3.66  3.66  3.66  3.66  2,259,420 
11/07/2024 3.49  3.49  3.24  3.49  121,799,971 
11/06/2024 3.32  3.32  3.32  3.32  2,427,400 
11/05/2024 3.16  3.16  3.16  3.16  2,651,928 
11/04/2024 3.01  3.01  3.01  3.01  1,062,721 
11/01/2024 2.87  2.87  2.87  2.87  2,882,987 
10/31/2024 2.73  2.73  2.73  2.73  1,250,640 
10/30/2024 2.60  2.60  2.60  2.60  2,328,301 
10/29/2024 2.48  2.48  2.48  2.48  9,772,086 
10/28/2024 2.36  2.36  2.36  2.36  501,400 
10/25/2024 2.25  2.25  2.25  2.25  1,834,201 
10/24/2024 2.14  2.14  2.14  2.14  547,325 
10/23/2024 2.04  2.04  2.04  2.04  709,802 
10/22/2024 1.94  1.94  1.94  1.94  556,800 
10/21/2024 1.85  1.85  1.85  1.85  1,705,637 
10/18/2024 1.76  1.76  1.76  1.76  2,110,128 
10/17/2024 1.68  1.68  1.68  1.68  939,789 
10/16/2024 1.60  1.60  1.60  1.60  778,200 
10/15/2024 1.52  1.52  1.52  1.52  3,177,986 
10/11/2024 1.45  1.45  1.45  1.45  1.00 
10/10/2024 1.45  1.45  1.45  1.45  1.00 
10/09/2024 1.45  1.45  1.45  1.45  1.00 
10/08/2024 1.45  1.45  1.45  1.45  1.00 
09/30/2024 1.40  1.45  1.37  1.45  130,954,289 
09/27/2024 1.39  1.42  1.37  1.39  92,933,160 
09/26/2024 1.40  1.42  1.36  1.40  80,088,637 
09/25/2024 1.33  1.39  1.30  1.39  81,017,537 
09/24/2024 1.29  1.34  1.28  1.32  60,036,378 
09/23/2024 1.32  1.37  1.32  1.33  54,934,129 
09/20/2024 1.31  1.38  1.26  1.33  74,881,443 
09/19/2024 1.25  1.31  1.23  1.31  57,615,666 
09/18/2024 1.30  1.33  1.24  1.25  52,591,060 
09/13/2024 1.32  1.41  1.30  1.30  95,703,968 
09/12/2024 1.26  1.40  1.26  1.37  122,132,485 
09/11/2024 1.33  1.33  1.33  1.33  4,315,000 
09/10/2024 1.40  1.40  1.40  1.40  6,018,600 
09/09/2024 1.50  1.51  1.47  1.47  25,975,500 
09/06/2024 1.55  1.55  1.47  1.55  161,070,070 
09/05/2024 1.48  1.52  1.48  1.48  49,308,304 
09/04/2024 1.56  1.56  1.50  1.56  116,979,723 
09/03/2024 1.49  1.49  1.49  1.49  1,815,462 
09/02/2024 1.42  1.42  1.42  1.42  7,166,120 
08/30/2024 1.35  1.35  1.35  1.35  4,310,701 
08/29/2024 1.29  1.29  1.26  1.29  34,024,101 
08/28/2024 1.23  1.23  1.21  1.23  32,805,307 
08/27/2024 1.17  1.17  1.17  1.17  16,367,507 
08/26/2024 1.14  1.17  1.11  1.11  51,525,999 

About Zhongrun Resources Stock history

Zhongrun Resources 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 Zhongrun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhongrun Resources 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 Zhongrun Resources stock prices may prove useful in developing a viable investing in Zhongrun Resources
Last ReportedProjected for Next Year
Common Stock Shares Outstanding836.1 M743.2 M
Net Income Applicable To Common Shares227.7 M239.1 M

Zhongrun Resources Stock Technical Analysis

Zhongrun Resources 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.
A focus of Zhongrun Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zhongrun Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Zhongrun Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Zhongrun Resources' price direction in advance. Along with the technical and fundamental analysis of Zhongrun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhongrun 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.

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When running Zhongrun Resources' price analysis, check to measure Zhongrun Resources' 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 Zhongrun Resources is operating at the current time. Most of Zhongrun Resources' value examination focuses on studying past and present price action to predict the probability of Zhongrun Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhongrun Resources' price. Additionally, you may evaluate how the addition of Zhongrun Resources to your portfolios can decrease your overall portfolio volatility.
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