Shenzhen Overseas (China) Price on October 8, 2024
| 000069 Stock | 2.81 0.11 3.77% |
Below is the normalized historical share price chart for Shenzhen Overseas Chinese extending back to September 10, 1997. 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 Shenzhen Overseas stands at 2.81, as last reported on the 23rd of December, with the highest price reaching 2.92 and the lowest price hitting 2.81 during the day.
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. Shenzhen Overseas appears to be very risky, given 3 months investment horizon. Shenzhen Overseas Chinese owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Shenzhen Overseas' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please review Shenzhen Overseas' Coefficient Of Variation of 562.18, semi deviation of 3.21, and Risk Adjusted Performance of 0.149 to confirm if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 2.3 B, whereas Total Stockholder Equity is forecasted to decline to about 31.5 B. . Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of August 1997 | 200 Day MA 2.5158 | 50 Day MA 2.9514 | Beta 0.955 |
Shenzhen |
Sharpe Ratio = 0.152
| Best Portfolio | Best Equity | |||
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| Small Returns | 000069 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.25 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Shenzhen Overseas is performing at about 11% 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 Shenzhen Overseas by adding it to a well-diversified portfolio.
Price Book 0.3929 | Enterprise Value Ebitda 54.3366 | Price Sales 0.4357 | Shares Float 3.5 B | Wall Street Target Price 3.07 |
Shenzhen Overseas Valuation on October 8, 2024
It is possible to determine the worth of Shenzhen Overseas on a given historical date. On October 8, 2024 Shenzhen was worth 3.21 at the beginning of the trading date compared to the closed value of 3.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen Overseas stock. Still, in general, we apply an absolute valuation method to find Shenzhen Overseas' 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 Shenzhen Overseas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen Overseas' related companies.
| Open | High | Low | Close | Volume | |
| 2.92 | 2.92 | 2.92 | 2.92 | 22,726,310 | |
10/08/2024 | 3.21 | 3.21 | 3.00 | 3.21 | 602,539,256 |
| 3.00 | 3.04 | 2.89 | 2.89 | 277,671,184 |
| Backtest Shenzhen Overseas | | | Shenzhen Overseas History | | | Shenzhen Overseas Valuation | Previous | Next |
Shenzhen Overseas Trading Date Momentum on October 8, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Shenzhen Overseas Chinese Fundamentals Correlations and Trends
By evaluating Shenzhen Overseas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shenzhen Overseas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shenzhen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shenzhen Overseas Stock history
Shenzhen Overseas 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 Shenzhen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenzhen Overseas Chinese 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 Shenzhen Overseas stock prices may prove useful in developing a viable investing in Shenzhen Overseas
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.4 B | 6.6 B | |
| Net Income Applicable To Common Shares | 4.4 B | 4.2 B |
Shenzhen Overseas Quarterly Net Working Capital |
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Shenzhen Overseas Stock Technical Analysis
Shenzhen Overseas 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
Shenzhen Overseas Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Shenzhen Overseas Chinese cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Shenzhen Overseas December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen Overseas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenzhen Overseas shares will generate the highest return on investment. By undertsting and applying Shenzhen Overseas stock market strength indicators, traders can identify Shenzhen Overseas Chinese entry and exit signals to maximize returns
Shenzhen Overseas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen Overseas' price direction in advance. Along with the technical and fundamental analysis of Shenzhen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shenzhen 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 | 0.149 | |||
| Jensen Alpha | 0.7062 | |||
| Total Risk Alpha | 0.5968 | |||
| Sortino Ratio | 0.1914 | |||
| Treynor Ratio | 1.66 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shenzhen Stock analysis
When running Shenzhen Overseas' price analysis, check to measure Shenzhen Overseas' 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 Shenzhen Overseas is operating at the current time. Most of Shenzhen Overseas' value examination focuses on studying past and present price action to predict the probability of Shenzhen Overseas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenzhen Overseas' price. Additionally, you may evaluate how the addition of Shenzhen Overseas to your portfolios can decrease your overall portfolio volatility.
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