Xingda International (Germany) Price on April 15, 2024
| XDH Stock | EUR 0.16 0.01 6.67% |
If you're considering investing in Xingda Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xingda International stands at 0.16, as last reported on the 2nd of June, with the highest price reaching 0.16 and the lowest price hitting 0.16 during the day. Xingda International appears to be out of control, given 3 months investment horizon. Xingda International shows Sharpe Ratio of 0.0748, which attests that the company had a 0.0748% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Xingda International, which you can use to evaluate the volatility of the company. Please utilize Xingda International's Market Risk Adjusted Performance of (0.09), downside deviation of 6.42, and Mean Deviation of 2.35 to validate if our risk estimates are consistent with your expectations.
Xingda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Xingda |
Sharpe Ratio = 0.0748
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Estimated Market Risk
| 3.77 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Xingda International is performing at about 5% 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 Xingda International by adding it to a well-diversified portfolio.
Xingda International Valuation on April 15, 2024
It is possible to determine the worth of Xingda International on a given historical date. On April 15, 2024 Xingda was worth 0.16 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xingda International stock. Still, in general, we apply an absolute valuation method to find Xingda International'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 Xingda International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xingda International's related companies.
| Open | High | Low | Close | Volume | |
| 0.16 | 0.16 | 0.16 | 0.16 | 64,000 | |
04/15/2024 | 0.16 | 0.16 | 0.16 | 0.16 | 64,000 |
| 0.16 | 0.16 | 0.16 | 0.16 | 64,000 |
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Xingda International Trading Date Momentum on April 15, 2024
| On April 16 2024 Xingda International Holdings was traded for 0.16 at the closing time. The highest daily price throughout the period was 0.16 and the lowest price was 0.16 . The daily volume was 64 K. The net trading volume on 04/16/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.00% . |
Xingda International Fundamentals Correlations and Trends
By evaluating Xingda International'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 Xingda International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xingda financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xingda International Stock history
Xingda International 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 Xingda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xingda International 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 Xingda International stock prices may prove useful in developing a viable investing in Xingda International
Xingda International Holdings Limited, an investment holding company, manufactures and trades radial tire cords, steel cords, bead wires, and other wires in the Peoples Republic of China and Thailand. Xingda International Holdings Limited is headquartered in Shanghai, the Peoples Republic of China. XINGDA INTL operates under Auto Parts classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7100 people.
Xingda International Stock Technical Analysis
Xingda International 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.
Price Boundaries
Xingda International Period Price Range
Low | April 15, 2024
| High |
0.16 | 0.16 |
Xingda International June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Xingda International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xingda International shares will generate the highest return on investment. By undertsting and applying Xingda International stock market strength indicators, traders can identify Xingda International Holdings entry and exit signals to maximize returns
Xingda International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xingda International's price direction in advance. Along with the technical and fundamental analysis of Xingda Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xingda 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 | 0.0202 | |||
| Jensen Alpha | 0.0867 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0044 | |||
| Treynor Ratio | (0.1) |
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| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xingda International Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Xingda Stock analysis
When running Xingda International's price analysis, check to measure Xingda International'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 Xingda International is operating at the current time. Most of Xingda International's value examination focuses on studying past and present price action to predict the probability of Xingda International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xingda International's price. Additionally, you may evaluate how the addition of Xingda International to your portfolios can decrease your overall portfolio volatility.
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