Shan Dong (China) Price on July 25, 2023

000423 Stock   63.00  0.06  0.1%   
Below is the normalized historical share price chart for Shan Dong Dong E extending back to July 29, 1996. 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 Shan Dong stands at 63.00, as last reported on the 24th of December, with the highest price reaching 63.49 and the lowest price hitting 62.11 during the day.
IPO Date
5th of July 1996
200 Day MA
59.2388
50 Day MA
58.876
Beta
0.692
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shan Stock, it is important to understand the factors that can impact its price. Shan Dong appears to be very steady, given 3 months investment horizon. Shan Dong Dong owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shan Dong Dong E, which you can use to evaluate the volatility of the company. Please review Shan Dong's Semi Deviation of 1.39, coefficient of variation of 478.21, and Risk Adjusted Performance of 0.1725 to confirm if our risk estimates are consistent with your expectations.
  
As of December 24, 2024, Total Stockholder Equity is expected to decline to about 5.5 B. In addition to that, Common Stock is expected to decline to about 590.1 M. Shan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1667

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns000423
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.57
  actual daily
22
78% of assets are more volatile

Expected Return

 0.43
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Shan Dong is performing at about 13% 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 Shan Dong by adding it to a well-diversified portfolio.
Price Book
4.0892
Enterprise Value Ebitda
18.5659
Price Sales
7.2112
Shares Float
433.2 M
Dividend Share
2.931

Shan Dong Valuation on July 25, 2023

It is possible to determine the worth of Shan Dong on a given historical date. On July 25, 2023 Shan was worth 50.1 at the beginning of the trading date compared to the closed value of 47.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shan Dong stock. Still, in general, we apply an absolute valuation method to find Shan Dong'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 Shan Dong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shan Dong's related companies.
 Open High Low Close Volume
  49.16    50.11    49.16    49.77    2,128,222  
07/25/2023
  50.10    50.29    47.30    47.72    8,773,295  
  47.74    48.28    47.51    47.75    2,937,750  
Backtest Shan Dong  |  Shan Dong History  |  Shan Dong Valuation   PreviousNext  
Open Value
50.1
47.72
Closing Value
57.81
Upside

Shan Dong Trading Date Momentum on July 25, 2023

On July 26 2023 Shan Dong Dong E was traded for  47.75  at the closing time. The highest price during the trading period was 48.28  and the lowest recorded bid was listed for  47.51 . The volume for the day was 2.9 M. This history from July 26, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.06% . The trading price change to the current price is 0.00% .

Shan Dong Dong Fundamentals Correlations and Trends

By evaluating Shan Dong'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 Shan Dong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shan financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shan Dong Stock history

Shan Dong 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 Shan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shan Dong Dong 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 Shan Dong stock prices may prove useful in developing a viable investing in Shan Dong
Last ReportedProjected for Next Year
Common Stock Shares Outstanding644 M522.1 M
Net Income Applicable To Common Shares897 M723.1 M

Shan Dong Quarterly Net Working Capital

7.28 Billion

Shan Dong Stock Technical Analysis

Shan Dong 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.
A focus of Shan Dong technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shan Dong trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shan Dong Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shan Dong Dong E 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.

Shan Dong December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Shan Dong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shan Dong shares will generate the highest return on investment. By undertsting and applying Shan Dong stock market strength indicators, traders can identify Shan Dong Dong E entry and exit signals to maximize returns

Shan Dong Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shan Dong's price direction in advance. Along with the technical and fundamental analysis of Shan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shan 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.

Complementary Tools for Shan Stock analysis

When running Shan Dong's price analysis, check to measure Shan Dong'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 Shan Dong is operating at the current time. Most of Shan Dong's value examination focuses on studying past and present price action to predict the probability of Shan Dong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shan Dong's price. Additionally, you may evaluate how the addition of Shan Dong to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Commodity Directory
Find actively traded commodities issued by global exchanges
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets