Fanhua Inc Stock Price on March 28, 2024
| FANH Stock | USD 3.42 0.11 3.12% |
Below is the normalized historical share price chart for Fanhua Inc extending back to October 31, 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 Fanhua stands at 3.42, as last reported on the 27th of April, with the highest price reaching 3.84 and the lowest price hitting 3.42 during the day.
If you're considering investing in Fanhua Stock, it is important to understand the factors that can impact its price. Fanhua Inc secures Sharpe Ratio (or Efficiency) of -0.22, which denotes the company had a -0.22% return per unit of risk over the last 3 months. Fanhua Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fanhua's Mean Deviation of 2.76, variance of 15.49, and Standard Deviation of 3.94 to check the risk estimate we provide.
The Fanhua's current Total Stockholder Equity is estimated to increase to about 2.3 B, while Common Stock Shares Outstanding is projected to decrease to under 48.8 M. . As of now, Fanhua's Price Cash Flow Ratio is increasing as compared to previous years. Fanhua Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of October 2007 | 200 Day MA 6.1844 | 50 Day MA 4.4888 | Beta (0.03) |
Fanhua |
Sharpe Ratio = -0.2192
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FANH |
Estimated Market Risk
| 4.01 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.88 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fanhua is not performing at its full potential. However, 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 Fanhua by adding Fanhua to a well-diversified portfolio.
Price Book 0.7758 | Enterprise Value Ebitda 0.1522 | Price Sales 0.0718 | Shares Float 438.8 M | Wall Street Target Price 6 |
Related Headline
Erie Indemnity Headline on 28th of March 2024
Acquisition by Lorianne Feltz of tradable shares of Erie Ind... by Lorianne Feltz
Filed transaction by Erie Indemnity Officer: Executive Vice President. Grant, award or other acquisition pursuant to Rule 16b-3(d)
Fanhua Valuation on March 28, 2024
It is possible to determine the worth of Fanhua on a given historical date. On March 28, 2024 Fanhua was worth 4.59 at the beginning of the trading date compared to the closed value of 4.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fanhua stock. Still, in general, we apply an absolute valuation method to find Fanhua'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 Fanhua where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fanhua's related companies.
| Open | High | Low | Close | Volume | |
| 4.50 | 4.73 | 4.50 | 4.60 | 18,459 | |
03/28/2024 | 4.59 | 4.92 | 4.59 | 4.75 | 8,589 |
| 4.80 | 5.48 | 4.65 | 4.88 | 47,653 |
| Backtest Fanhua | | | Fanhua History | | | Fanhua Valuation | Previous | Next |
Fanhua Trading Date Momentum on March 28, 2024
| On April 01 2024 Fanhua Inc was traded for 4.88 at the closing time. The top price for the day was 5.48 and the lowest listed price was 4.65 . The trading volume for the day was 47.7 K. The trading history from April 1, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 2.74% . The overall trading delta against the current closing price is 5.47% . |
Fanhua Inc Fundamentals Correlations and Trends
By evaluating Fanhua'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 Fanhua's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fanhua financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fanhua Stock history
Fanhua 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 Fanhua is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fanhua Inc 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 Fanhua stock prices may prove useful in developing a viable investing in Fanhua
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 53.8 M | 48.8 M | |
| Net Income Applicable To Common Shares | 115.3 M | 169.3 M |
Fanhua Quarterly Net Working Capital |
|
Fanhua Stock Technical Analysis
Fanhua 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
Fanhua Period Price Range
Low | March 28, 2024
| High |
4.59 | 4.75 |
Fanhua April 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Fanhua stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fanhua shares will generate the highest return on investment. By undertsting and applying Fanhua stock market strength indicators, traders can identify Fanhua Inc entry and exit signals to maximize returns
| Accumulation Distribution | 576.09 | |||
| Daily Balance Of Power | 0.4848 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 4.76 | |||
| Day Typical Price | 4.75 | |||
| Price Action Indicator | 0.075 | |||
| Period Momentum Indicator | (1.33) |
Fanhua Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fanhua's price direction in advance. Along with the technical and fundamental analysis of Fanhua Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fanhua 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 | (0.12) | |||
| Jensen Alpha | (0.96) | |||
| Total Risk Alpha | (1.35) | |||
| Treynor Ratio | (0.60) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fanhua Inc. 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 Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Fanhua Stock analysis
When running Fanhua's price analysis, check to measure Fanhua'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 Fanhua is operating at the current time. Most of Fanhua's value examination focuses on studying past and present price action to predict the probability of Fanhua's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fanhua's price. Additionally, you may evaluate how the addition of Fanhua to your portfolios can decrease your overall portfolio volatility.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |
Is Fanhua's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fanhua. If investors know Fanhua will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fanhua listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.304 | Earnings Share 0.97 | Revenue Per Share 59.54 | Quarterly Revenue Growth (0.21) | Return On Assets 0.0343 |
The market value of Fanhua Inc is measured differently than its book value, which is the value of Fanhua that is recorded on the company's balance sheet. Investors also form their own opinion of Fanhua's value that differs from its market value or its book value, called intrinsic value, which is Fanhua's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fanhua's market value can be influenced by many factors that don't directly affect Fanhua's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fanhua's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fanhua is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fanhua's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.