Shengda Mining (China) Price on December 13, 2024

000603 Stock   12.66  0.10  0.80%   
Below is the normalized historical share price chart for Shengda Mining Co extending back to August 23, 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 Shengda Mining stands at 12.66, as last reported on the 23rd of December, with the highest price reaching 12.72 and the lowest price hitting 12.49 during the day.
IPO Date
7th of August 1996
200 Day MA
12.393
50 Day MA
13.3382
Beta
1.197
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shengda Stock, it is important to understand the factors that can impact its price. Shengda Mining appears to be somewhat reliable, given 3 months investment horizon. Shengda Mining owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0936, which indicates the firm had a 0.0936% return per unit of risk over the last 3 months. We have found thirty technical indicators for Shengda Mining Co, which you can use to evaluate the volatility of the company. Please review Shengda Mining's Semi Deviation of 2.18, coefficient of variation of 693.14, and Risk Adjusted Performance of 0.1215 to confirm if our risk estimates are consistent with your expectations.
  
At present, Shengda Mining's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 6.9 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 382.8 M. . Shengda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0936

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Estimated Market Risk

 2.86
  actual daily
25
75% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Shengda Mining is performing at about 7% 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 Shengda Mining by adding it to a well-diversified portfolio.
Price Book
2.6723
Enterprise Value Ebitda
20.51
Price Sales
4.0685
Shares Float
325.3 M
Dividend Share
0.075

Shengda Mining Valuation on December 13, 2024

It is possible to determine the worth of Shengda Mining on a given historical date. On December 13, 2024 Shengda was worth 13.38 at the beginning of the trading date compared to the closed value of 13.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shengda Mining stock. Still, in general, we apply an absolute valuation method to find Shengda Mining'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 Shengda Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shengda Mining's related companies.
 Open High Low Close Volume
  13.47    13.68    13.39    13.55    9,616,768  
12/13/2024
  13.38    13.44    13.09    13.23    10,540,857  
  13.16    13.25    12.81    12.87    11,071,279  
Backtest Shengda Mining  |  Shengda Mining History  |  Shengda Mining Valuation   PreviousNext  
Open Value
13.38
13.23
Closing Value
21.96
Upside

Shengda Mining Trading Date Momentum on December 13, 2024

On December 16 2024 Shengda Mining Co was traded for  12.87  at the closing time. The highest price during the trading period was 13.25  and the lowest recorded bid was listed for  12.81 . The volume for the day was 11.1 M. This history from December 16, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.72% . The trading price change to the current price is 5.14% .

Shengda Mining Fundamentals Correlations and Trends

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

About Shengda Mining Stock history

Shengda Mining 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 Shengda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shengda Mining 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 Shengda Mining stock prices may prove useful in developing a viable investing in Shengda Mining
Last ReportedProjected for Next Year
Common Stock Shares Outstanding704.7 M382.8 M
Net Income Applicable To Common Shares419.3 M243.3 M

Shengda Mining Stock Technical Analysis

Shengda Mining 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 Shengda Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shengda Mining 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

Shengda Mining Period Price Range

Low
December 23, 2024
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High

 0.00 

     

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Shengda Mining Co 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.

Shengda Mining December 23, 2024 Market Strength

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

Shengda Mining Technical and Predictive Indicators

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

When running Shengda Mining's price analysis, check to measure Shengda Mining'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 Shengda Mining is operating at the current time. Most of Shengda Mining's value examination focuses on studying past and present price action to predict the probability of Shengda Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shengda Mining's price. Additionally, you may evaluate how the addition of Shengda Mining to your portfolios can decrease your overall portfolio volatility.
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