Ningbo Tech (China) Price History

002124 Stock   3.28  0.10  3.14%   
Below is the normalized historical share price chart for Ningbo Tech Bank Co extending back to April 03, 2007. 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 Ningbo Tech stands at 3.28, as last reported on the 29th of November, with the highest price reaching 3.33 and the lowest price hitting 3.16 during the day.
IPO Date
3rd of April 2007
200 Day MA
2.6321
50 Day MA
2.551
Beta
0.493
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. Ningbo Tech appears to be unstable, given 3 months investment horizon. Ningbo Tech Bank has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Ningbo Tech's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please exercise Ningbo Tech's Mean Deviation of 2.3, risk adjusted performance of 0.1524, and Downside Deviation of 2.61 to check out if our risk estimates are consistent with your expectations.
  
The current year's Common Stock is expected to grow to about 2.2 B, whereas Total Stockholder Equity is forecasted to decline to about 1.7 B. . Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2024

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Estimated Market Risk

 2.91
  actual daily
25
75% of assets are more volatile

Expected Return

 0.59
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average Ningbo Tech is performing at about 15% 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 Ningbo Tech by adding it to a well-diversified portfolio.
Price Book
1.9857
Enterprise Value Ebitda
26.665
Price Sales
0.7165
Shares Float
1.7 B
Wall Street Target Price
3.11

Ningbo Tech Stock Price History Chart

There are several ways to analyze Ningbo Stock price data. The simplest method is using a basic Ningbo candlestick price chart, which shows Ningbo Tech 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 8, 20243.53
Lowest PriceSeptember 23, 20242.1

Ningbo Tech November 29, 2024 Stock Price Synopsis

Various analyses of Ningbo Tech's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Ningbo Stock. It can be used to describe the percentage change in the price of Ningbo Tech from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Ningbo Stock.
Ningbo Tech Accumulation Distribution 2,233,260 
Ningbo Tech Price Daily Balance Of Power 0.59 
Ningbo Tech Price Rate Of Daily Change 1.03 
Ningbo Tech Price Action Indicator 0.08 

Ningbo Tech November 29, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Ningbo 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 Ningbo Tech intraday prices and daily technical indicators to check the level of noise trading in Ningbo Stock and then apply it to test your longer-term investment strategies against Ningbo.

Ningbo Stock Price History Data

The price series of Ningbo Tech for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 1.43 with a coefficient of variation of 16.48. The prices are distributed with arithmetic mean of 2.66. The median price for the last 90 days is 2.54. The company had 1.4:1 stock split on 20th of May 2021. Ningbo Tech Bank issued dividends on 2021-05-20.
OpenHighLowCloseVolume
11/29/2024 3.16  3.33  3.16  3.28  43,745,632 
11/28/2024 3.15  3.19  3.13  3.18  22,868,650 
11/27/2024 3.18  3.18  3.11  3.17  29,251,876 
11/26/2024 3.20  3.24  3.17  3.20  21,728,311 
11/25/2024 3.18  3.24  3.12  3.20  28,073,422 
11/22/2024 3.27  3.30  3.16  3.19  39,568,154 
11/21/2024 3.25  3.31  3.22  3.27  27,734,757 
11/20/2024 3.18  3.32  3.15  3.25  36,390,826 
11/19/2024 3.11  3.19  3.11  3.18  31,117,564 
11/18/2024 3.24  3.25  3.10  3.11  49,778,679 
11/15/2024 3.33  3.37  3.22  3.25  54,575,880 
11/14/2024 3.27  3.47  3.23  3.38  78,511,470 
11/13/2024 3.26  3.38  3.17  3.30  63,578,806 
11/12/2024 3.48  3.48  3.31  3.32  91,525,710 
11/11/2024 3.55  3.55  3.42  3.48  84,502,509 
11/08/2024 3.42  3.53  3.36  3.53  105,104,924 
11/07/2024 3.64  3.64  3.30  3.36  168,925,016 
11/06/2024 3.47  3.47  3.47  3.47  6,674,034 
11/05/2024 3.30  3.30  3.25  3.30  18,938,089 
11/04/2024 3.06  3.14  2.99  3.14  56,962,040 
11/01/2024 2.83  2.99  2.82  2.99  96,210,543 
10/31/2024 2.90  3.00  2.84  2.85  112,655,866 
10/30/2024 2.78  2.90  2.77  2.90  103,848,317 
10/29/2024 2.67  2.80  2.63  2.76  83,495,292 
10/28/2024 2.61  2.68  2.60  2.67  53,605,888 
10/25/2024 2.56  2.62  2.54  2.60  50,596,835 
10/24/2024 2.55  2.65  2.54  2.59  52,767,652 
10/23/2024 2.57  2.59  2.53  2.55  65,121,950 
10/22/2024 2.59  2.67  2.57  2.60  84,847,380 
10/21/2024 2.56  2.56  2.50  2.54  65,113,719 
10/18/2024 2.61  2.62  2.52  2.58  88,720,146 
10/17/2024 2.64  2.69  2.59  2.62  74,939,744 
10/16/2024 2.50  2.68  2.48  2.64  88,300,458 
10/15/2024 2.46  2.58  2.43  2.55  108,729,165 
10/14/2024 2.48  2.49  2.39  2.46  88,833,051 
10/11/2024 2.46  2.50  2.41  2.50  159,396,430 
10/10/2024 2.38  2.38  2.36  2.38  33,823,804 
10/09/2024 2.36  2.36  2.27  2.27  71,194,615 
10/08/2024 2.51  2.51  2.34  2.39  138,608,891 
09/30/2024 2.29  2.39  2.29  2.39  117,028,952 
09/27/2024 2.25  2.32  2.24  2.28  62,970,115 
09/26/2024 2.18  2.25  2.17  2.24  36,972,573 
09/25/2024 2.19  2.24  2.18  2.19  38,265,380 
09/24/2024 2.11  2.21  2.10  2.19  33,376,275 
09/23/2024 2.11  2.12  2.07  2.10  17,195,338 
09/20/2024 2.14  2.15  2.10  2.12  16,575,600 
09/19/2024 2.14  2.19  2.13  2.16  23,150,460 
09/18/2024 2.17  2.17  2.10  2.13  24,285,130 
09/13/2024 2.20  2.21  2.17  2.18  17,009,420 
09/12/2024 2.21  2.24  2.21  2.22  13,769,340 
09/11/2024 2.24  2.25  2.21  2.22  19,520,800 
09/10/2024 2.26  2.29  2.23  2.26  17,711,960 
09/09/2024 2.26  2.29  2.21  2.26  23,585,120 
09/06/2024 2.34  2.35  2.28  2.28  28,068,520 
09/05/2024 2.32  2.36  2.31  2.35  22,631,861 
09/04/2024 2.42  2.42  2.32  2.32  45,077,049 
09/03/2024 2.40  2.48  2.39  2.44  40,654,094 
09/02/2024 2.38  2.44  2.36  2.39  27,929,301 
08/30/2024 2.37  2.45  2.36  2.39  38,607,960 
08/29/2024 2.37  2.41  2.32  2.39  33,948,289 
08/28/2024 2.30  2.39  2.27  2.39  44,686,195 

About Ningbo Tech Stock history

Ningbo Tech 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 Ningbo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ningbo Tech Bank 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 Ningbo Tech stock prices may prove useful in developing a viable investing in Ningbo Tech
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.1 B1.9 B
Net Income Applicable To Common Shares440.5 M462.5 M

Ningbo Tech Stock Technical Analysis

Ningbo Tech 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 Ningbo Tech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ningbo Tech 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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Ningbo Tech Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ningbo Tech's price direction in advance. Along with the technical and fundamental analysis of Ningbo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ningbo 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 Ningbo Tech's price analysis, check to measure Ningbo Tech'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 Ningbo Tech is operating at the current time. Most of Ningbo Tech's value examination focuses on studying past and present price action to predict the probability of Ningbo Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ningbo Tech's price. Additionally, you may evaluate how the addition of Ningbo Tech to your portfolios can decrease your overall portfolio volatility.
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