Shenwan Hongyuan (China) Price on November 1, 2023
000166 Stock | 5.53 0.10 1.84% |
If you're considering investing in Shenwan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shenwan Hongyuan stands at 5.53, as last reported on the 30th of December, with the highest price reaching 5.63 and the lowest price hitting 5.43 during the day. Shenwan Hongyuan owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0805, which indicates the firm had a -0.0805% return per unit of risk over the last 3 months. Shenwan Hongyuan Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shenwan Hongyuan's Variance of 5.18, coefficient of variation of (1,242), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
Shenwan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shenwan |
Sharpe Ratio = -0.0805
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Negative Returns | 000166 |
Estimated Market Risk
2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shenwan Hongyuan 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 Shenwan Hongyuan by adding Shenwan Hongyuan to a well-diversified portfolio.
Shenwan Hongyuan Valuation on November 1, 2023
It is possible to determine the worth of Shenwan Hongyuan on a given historical date. On November 1, 2023 Shenwan was worth 4.35 at the beginning of the trading date compared to the closed value of 4.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenwan Hongyuan stock. Still, in general, we apply an absolute valuation method to find Shenwan Hongyuan'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 Shenwan Hongyuan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenwan Hongyuan's related companies.
Open | High | Low | Close | Volume | |
4.31 | 4.35 | 4.30 | 4.32 | 37,884,397 | |
11/01/2023 | 4.35 | 4.37 | 4.30 | 4.30 | 53,531,002 |
4.31 | 4.34 | 4.28 | 4.28 | 42,193,328 |
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Shenwan Hongyuan Trading Date Momentum on November 1, 2023
On November 02 2023 Shenwan Hongyuan Group was traded for 4.28 at the closing time. The highest price during the trading period was 4.34 and the lowest recorded bid was listed for 4.28 . The volume for the day was 42.2 M. This history from November 2, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.47% . The trading price change to the current price is 3.26% . |
Shenwan Hongyuan Fundamentals Correlations and Trends
By evaluating Shenwan Hongyuan'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 Shenwan Hongyuan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shenwan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shenwan Hongyuan Stock history
Shenwan Hongyuan 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 Shenwan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenwan Hongyuan 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 Shenwan Hongyuan stock prices may prove useful in developing a viable investing in Shenwan Hongyuan
Shenwan Hongyuan Stock Technical Analysis
Shenwan Hongyuan 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
Shenwan Hongyuan Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Shenwan Hongyuan Group 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.
Shenwan Hongyuan December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenwan Hongyuan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenwan Hongyuan shares will generate the highest return on investment. By undertsting and applying Shenwan Hongyuan stock market strength indicators, traders can identify Shenwan Hongyuan Group entry and exit signals to maximize returns
Shenwan Hongyuan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenwan Hongyuan's price direction in advance. Along with the technical and fundamental analysis of Shenwan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shenwan 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 | (0.06) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | 50.84 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Shenwan Stock analysis
When running Shenwan Hongyuan's price analysis, check to measure Shenwan Hongyuan'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 Shenwan Hongyuan is operating at the current time. Most of Shenwan Hongyuan's value examination focuses on studying past and present price action to predict the probability of Shenwan Hongyuan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenwan Hongyuan's price. Additionally, you may evaluate how the addition of Shenwan Hongyuan to your portfolios can decrease your overall portfolio volatility.
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