Hangzhou Weiguang (China) Price History

002801 Stock   23.63  1.29  5.77%   
Below is the normalized historical share price chart for Hangzhou Weiguang Electronic extending back to June 22, 2016. 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 Hangzhou Weiguang stands at 23.63, as last reported on the 28th of November, with the highest price reaching 23.63 and the lowest price hitting 21.98 during the day.
200 Day MA
20.2631
50 Day MA
21.09
Beta
0.523
 
Covid
If you're considering investing in Hangzhou Stock, it is important to understand the factors that can impact its price. Hangzhou Weiguang appears to be not too volatile, given 3 months investment horizon. Hangzhou Weiguang holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. By evaluating Hangzhou Weiguang's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize Hangzhou Weiguang's Market Risk Adjusted Performance of (8.42), downside deviation of 2.65, and Risk Adjusted Performance of 0.1107 to validate if our risk estimates are consistent with your expectations.
  
The current year's Common Stock is expected to grow to about 277.3 M, whereas Total Stockholder Equity is forecasted to decline to about 936.6 M. . Hangzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1817

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Estimated Market Risk

 3.16
  actual daily
28
72% of assets are more volatile

Expected Return

 0.57
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Hangzhou Weiguang is performing at about 14% 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 Hangzhou Weiguang by adding it to a well-diversified portfolio.
Price Book
3.0744
Enterprise Value Ebitda
31.7334
Price Sales
3.9345
Shares Float
57.3 M
Dividend Share
0.3

Hangzhou Weiguang Stock Price History Chart

There are several ways to analyze Hangzhou Stock price data. The simplest method is using a basic Hangzhou candlestick price chart, which shows Hangzhou Weiguang 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 27, 202423.63
Lowest PriceAugust 27, 202416.41

Hangzhou Weiguang November 28, 2024 Stock Price Synopsis

Various analyses of Hangzhou Weiguang's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Hangzhou Stock. It can be used to describe the percentage change in the price of Hangzhou Weiguang from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Hangzhou Stock.
Hangzhou Weiguang Price Action Indicator 1.47 
Hangzhou Weiguang Price Daily Balance Of Power 0.78 
Hangzhou Weiguang Price Rate Of Daily Change 1.06 
Hangzhou Weiguang Accumulation Distribution 207,092 

Hangzhou Weiguang November 28, 2024 Stock Price Analysis

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

Hangzhou Stock Price History Data

The price series of Hangzhou Weiguang for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 has a statistical range of 7.06 with a coefficient of variation of 10.45. The prices are distributed with arithmetic mean of 20.22. The median price for the last 90 days is 20.58. The company had 1.5:1 stock split on 3rd of June 2021. Hangzhou Weiguang issued dividends on 2024-06-13.
OpenHighLowCloseVolume
11/27/2024 22.55  23.63  21.98  23.63  2,965,811 
11/26/2024 22.65  22.92  22.30  22.34  1,071,988 
11/25/2024 22.35  22.86  22.35  22.80  1,673,897 
11/22/2024 23.43  23.83  22.35  22.36  2,201,200 
11/21/2024 23.50  23.80  23.18  23.43  2,195,742 
11/20/2024 23.15  23.62  22.90  23.47  2,641,710 
11/19/2024 22.35  23.15  22.17  23.15  2,121,280 
11/18/2024 22.53  22.91  21.94  22.05  1,399,295 
11/15/2024 22.83  23.14  22.10  22.39  1,667,460 
11/14/2024 23.30  23.64  22.76  22.76  1,498,130 
11/13/2024 22.96  23.35  22.65  23.35  1,425,975 
11/12/2024 23.33  23.70  22.71  22.99  1,844,621 
11/11/2024 22.79  23.38  22.58  23.33  1,832,455 
11/08/2024 22.98  23.09  22.63  22.79  1,791,150 
11/07/2024 22.38  22.95  22.31  22.85  1,990,025 
11/06/2024 22.91  23.09  22.41  22.59  2,516,577 
11/05/2024 22.12  23.04  22.12  22.88  3,654,365 
11/04/2024 21.12  21.95  21.08  21.95  2,324,680 
11/01/2024 21.34  21.48  20.79  20.92  1,574,878 
10/31/2024 21.49  21.50  21.11  21.33  1,700,214 
10/30/2024 21.25  21.72  21.06  21.35  1,479,849 
10/29/2024 21.60  21.85  21.24  21.27  2,175,539 
10/28/2024 21.21  21.37  21.01  21.31  1,212,640 
10/25/2024 20.87  21.34  20.87  21.26  1,176,095 
10/24/2024 20.86  21.16  20.75  20.87  901,900 
10/23/2024 21.14  21.32  20.93  21.05  1,432,835 
10/22/2024 20.48  21.24  20.41  21.10  1,803,420 
10/21/2024 20.61  20.88  20.26  20.58  1,769,000 
10/18/2024 20.00  20.75  19.95  20.49  2,174,223 
10/17/2024 20.20  20.50  19.99  20.00  831,095 
10/16/2024 20.00  20.37  19.81  20.15  845,550 
10/15/2024 20.48  20.63  20.23  20.24  1,170,780 
10/14/2024 19.99  20.54  19.73  20.54  1,522,050 
10/11/2024 20.98  20.98  19.70  19.94  1,767,575 
10/10/2024 21.00  21.53  20.61  20.98  2,241,880 
10/09/2024 22.21  22.21  20.82  20.82  3,111,940 
10/08/2024 23.50  23.58  21.43  22.55  5,726,925 
09/30/2024 20.60  21.62  20.05  21.45  4,954,656 
09/27/2024 19.08  20.20  18.97  19.98  3,401,910 
09/26/2024 18.05  18.75  18.00  18.75  1,959,005 
09/25/2024 18.49  18.80  18.10  18.17  2,608,700 
09/24/2024 17.92  18.40  17.68  18.39  1,836,400 
09/23/2024 18.28  18.50  17.91  18.01  1,307,895 
09/20/2024 18.42  18.74  18.21  18.28  1,178,600 
09/19/2024 18.26  18.79  18.13  18.50  1,759,558 
09/18/2024 18.85  18.85  17.94  18.25  2,798,560 
09/13/2024 20.68  21.28  18.62  19.20  5,886,516 
09/12/2024 20.69  21.02  20.43  20.68  2,845,140 
09/11/2024 20.50  20.73  20.12  20.69  2,937,473 
09/10/2024 19.54  20.82  19.20  20.54  4,930,496 
09/09/2024 19.17  19.57  19.05  19.38  1,505,715 
09/06/2024 19.23  19.63  19.00  19.25  2,118,088 
09/05/2024 18.38  19.53  18.35  19.35  2,710,270 
09/04/2024 18.00  18.75  17.80  18.50  1,925,790 
09/03/2024 17.35  18.20  17.26  18.08  1,261,525 
09/02/2024 17.54  17.67  17.31  17.31  801,200 
08/30/2024 17.30  17.77  17.05  17.53  1,269,300 
08/29/2024 16.76  17.25  16.53  17.20  749,500 
08/28/2024 16.40  16.75  16.32  16.62  454,890 
08/27/2024 17.00  17.00  16.39  16.41  618,080 
08/26/2024 16.67  17.07  16.51  16.73  697,180 

About Hangzhou Weiguang Stock history

Hangzhou Weiguang 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 Hangzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hangzhou Weiguang 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 Hangzhou Weiguang stock prices may prove useful in developing a viable investing in Hangzhou Weiguang
Last ReportedProjected for Next Year
Common Stock Shares Outstanding206.7 M183.8 M
Net Income Applicable To Common Shares354.1 M179.9 M

Hangzhou Weiguang Quarterly Net Working Capital

863.54 Million

Hangzhou Weiguang Stock Technical Analysis

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

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