HK/China Stocks signal
600309

600309

Wanhua Chemical Group Co., Ltd. · Basic Materials

HK/China StocksSpecialty ChemicalsSHHCNY-46.7% from ATH
Current Price

$69.31

Drawdown from ATH

-46.7%

Last Updated

Jun 17, 2026

Dipsern Grade90d

D

Weak

Graded against 600309's own history at this drawdown — not the market's.

What it means: 600309's own history does not strongly favor buying at this level yet.

What to do: Consider watching and waiting for a deeper dip or a higher grade.

Median 90-Day Return
Historical Win Rate
Last 30 days-18.27%
May 7Jun 17
About 600309

Wanhua Chemical Group Co., Ltd.

Wanhua Chemical Group Co., Ltd. provides polyurethane, petrochemical, and performance chemicals and materials worldwide. It also offers furniture foam, polyurethane adhesive products and composite solutions, automotive polyurethane, and polyurethane elastomer products; and ink resin for plastic packaging film. Wanhua Chemical Group Co., Ltd. was formerly known as Yantai Wanhua Polyurethanes Co., Ltd. and changed its name to Wanhua Chemical Group Co., Ltd. in June 2013. Wanhua Chemical Group Co.,

The reading

How Dipsern reads 600309 right now.

Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.

Snapshot

How is 600309 doing right now?

In plain terms: 600309 is 46.7% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

Right now 600309 — Wanhua Chemical Group — is in a severe drawdown, down 46.7% from its record high. Last price: $69.31. Severe drawdowns separate structurally sound assets from the ones that don't recover. The historical data below shows what 600309 did after similar episodes.

Historical base rate

What history says at this drawdown

Across all available history, 600309 has spent enough trading days in the 50%-to-45% drawdown band to build a large sample (626 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.

Interpretation

What this means for 600309

Drawdown-based signals work across asset classes but the magnitude of meaningful moves varies. Dipsern computes the segmentation per-asset so the bands are calibrated to 600309's own volatility history. At this depth, focus on prediction error and sample size before median return. A high historical median return at -40% means nothing if the prediction error was also 30%.

Comparable signals

Other HK/China Stocks at similar drawdown levels

Five tickers closest to 600309's distance from all-time high. Same category, one tap away.

Hong Kong & China Gas

-46.6% from ATH

BYD Company

-46.5% from ATH

COSCO Shipping Holdings

-47.0% from ATH

China Petroleum & Chemical Corp. (Sinopec)

-47.4% from ATH

Pop Mart International

-47.6% from ATH

Historical depth

Sample sizes by drawdown band

Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for 600309. Median forward returns, win rates, and prediction errors are available in the full analysis.

Drawdown BandObservationsMedian ReturnWin Rate
-85% to -80%8
-80% to -75%36
-75% to -70%42
-70% to -65%58
-65% to -60%80
-60% to -55%401
-55% to -50%503
-50% to -45%Current626
-45% to -40%715
-40% to -35%649
-35% to -30%529
-30% to -25%424
Methodology

Every grade is reproducible.

We segment 40+ years of 600309's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.

Years of history

40+

Drawdown bands

20

Look-ahead bias

None

Data sources

4

Unlock 600309's full analysis

See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for 600309.

Dipsern is research and a second opinion — not a broker. You'd buy 600309 at your own broker.

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Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.