Zhejiang Tongxing (China) Today
| 301252 Stock | 29.11 0.16 0.55% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Zhejiang Tongxing is trading at 29.11 as of the 1st of December 2024, a 0.55% up since the beginning of the trading day. The stock's open price was 28.95. Zhejiang Tongxing has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Zhejiang Tongxing Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain Capital Goods | Category Industrials |
Zhejiang Tongxing is entity of China. It is traded as Stock on SHE exchange. The company has 116 M outstanding shares. More on Zhejiang Tongxing Technology
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Zhejiang Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Zhejiang Tongxing's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Zhejiang Tongxing or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Electrical Components & Equipment, Electrical Equipment & Parts, Industrials, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors) |
Zhejiang Tongxing Technology (301252) is traded on Shenzhen Stock Exchange in China and employs 1,120 people. Zhejiang Tongxing is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Zhejiang Tongxing's market, we take the total number of its shares issued and multiply it by Zhejiang Tongxing's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Zhejiang Tongxing operates under Electrical Equipment sector and is part of Industrials industry. The entity has 116 M outstanding shares.
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Ownership AllocationZhejiang Tongxing Technology retains a total of 116 Million outstanding shares. Zhejiang Tongxing maintains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 76.65 (%) of Zhejiang Tongxing outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Zhejiang Tongxing Risk Profiles
Although Zhejiang Tongxing's alpha and beta are two of the key measurements used to evaluate Zhejiang Tongxing's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.56 | |||
| Semi Deviation | 3.57 | |||
| Standard Deviation | 3.83 | |||
| Variance | 14.64 |
Zhejiang Stock Against Markets
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Zhejiang Tongxing financial ratios help investors to determine whether Zhejiang Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zhejiang with respect to the benefits of owning Zhejiang Tongxing security.