Shenyang Huitian (China) Price on September 2, 2024
| 000692 Stock | 3.73 0.04 1.08% |
Below is the normalized historical share price chart for Shenyang Huitian Thermal extending back to March 21, 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 Shenyang Huitian stands at 3.73, as last reported on the 29th of November, with the highest price reaching 3.78 and the lowest price hitting 3.65 during the day.
If you're considering investing in Shenyang Stock, it is important to understand the factors that can impact its price. Shenyang Huitian appears to be relatively risky, given 3 months investment horizon. Shenyang Huitian Thermal 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 Shenyang Huitian's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please review Shenyang Huitian's Risk Adjusted Performance of 0.1, semi deviation of 2.5, and Coefficient Of Variation of 830.06 to confirm if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 1.7 B, whereas Total Stockholder Equity is forecasted to decline to about 164.7 M. . Shenyang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of January 1997 | 200 Day MA 3.0133 | 50 Day MA 3.3428 | Beta 0.397 |
Shenyang |
Sharpe Ratio = 0.1467
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 000692 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.51 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Shenyang Huitian 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 Shenyang Huitian by adding it to a well-diversified portfolio.
Price Book 101.9129 | Book Value (0.52) | Enterprise Value 4.8 B | Enterprise Value Ebitda 4.096 | Price Sales 0.9485 |
Shenyang Huitian Valuation on September 2, 2024
It is possible to determine the worth of Shenyang Huitian on a given historical date. On September 2, 2024 Shenyang was worth 2.91 at the beginning of the trading date compared to the closed value of 2.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenyang Huitian stock. Still, in general, we apply an absolute valuation method to find Shenyang Huitian'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 Shenyang Huitian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenyang Huitian's related companies.
| Open | High | Low | Close | Volume | |
| 2.92 | 2.94 | 2.90 | 2.91 | 4,806,668 | |
09/02/2024 | 2.91 | 2.94 | 2.88 | 2.88 | 4,117,900 |
| 2.87 | 2.90 | 2.85 | 2.87 | 2,795,821 |
| Backtest Shenyang Huitian | | | Shenyang Huitian History | | | Shenyang Huitian Valuation | Previous | Next |
Shenyang Huitian Trading Date Momentum on September 2, 2024
| On September 03 2024 Shenyang Huitian Thermal was traded for 2.87 at the closing time. The highest price during the trading period was 2.90 and the lowest recorded bid was listed for 2.85 . The volume for the day was 2.8 M. This history from September 3, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.35% . The trading price change to the current price is 3.12% . |
Shenyang Huitian Thermal Fundamentals Correlations and Trends
By evaluating Shenyang Huitian'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 Shenyang Huitian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shenyang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shenyang Huitian Stock history
Shenyang Huitian 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 Shenyang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenyang Huitian Thermal 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 Shenyang Huitian stock prices may prove useful in developing a viable investing in Shenyang Huitian
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 532.8 M | 416.3 M | |
| Net Loss | -1.7 B | -1.7 B |
Shenyang Huitian Stock Technical Analysis
Shenyang Huitian 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
Shenyang Huitian Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Shenyang Huitian Thermal 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.
Shenyang Huitian November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenyang Huitian stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenyang Huitian shares will generate the highest return on investment. By undertsting and applying Shenyang Huitian stock market strength indicators, traders can identify Shenyang Huitian Thermal entry and exit signals to maximize returns
Shenyang Huitian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenyang Huitian's price direction in advance. Along with the technical and fundamental analysis of Shenyang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shenyang 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 | 0.1 | |||
| Jensen Alpha | 0.2967 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0954 | |||
| Treynor Ratio | 0.4864 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shenyang Stock analysis
When running Shenyang Huitian's price analysis, check to measure Shenyang Huitian'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 Shenyang Huitian is operating at the current time. Most of Shenyang Huitian's value examination focuses on studying past and present price action to predict the probability of Shenyang Huitian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenyang Huitian's price. Additionally, you may evaluate how the addition of Shenyang Huitian to your portfolios can decrease your overall portfolio volatility.
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