Beijing Shunxin (China) Price on July 23, 2024
| 000860 Stock | 19.27 0.04 0.21% |
Below is the normalized historical share price chart for Beijing Shunxin Agriculture extending back to April 21, 2000. 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 Beijing Shunxin stands at 19.27, as last reported on the 20th of December, with the highest price reaching 19.55 and the lowest price hitting 19.17 during the day.
If you're considering investing in Beijing Stock, it is important to understand the factors that can impact its price. Beijing Shunxin appears to be not too volatile, given 3 months investment horizon. Beijing Shunxin Agri secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. By analyzing Beijing Shunxin's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please makes use of Beijing Shunxin's Mean Deviation of 2.41, risk adjusted performance of 0.1197, and Downside Deviation of 2.94 to double-check if our risk estimates are consistent with your expectations.
As of December 20, 2024, Total Stockholder Equity is expected to decline to about 3.7 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 674 M. Beijing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of November 1998 | 200 Day MA 17.837 | 50 Day MA 18.9578 | Beta 0.845 |
Beijing |
Sharpe Ratio = 0.1494
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 000860 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.59 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.54 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 Beijing Shunxin 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 Beijing Shunxin by adding it to a well-diversified portfolio.
Price Book 1.9992 | Enterprise Value Ebitda 16.9043 | Price Sales 1.5802 | Shares Float 457.3 M | Wall Street Target Price 20.64 |
Beijing Shunxin Valuation on July 23, 2024
It is possible to determine the worth of Beijing Shunxin on a given historical date. On July 23, 2024 Beijing was worth 16.91 at the beginning of the trading date compared to the closed value of 16.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beijing Shunxin stock. Still, in general, we apply an absolute valuation method to find Beijing Shunxin'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 Beijing Shunxin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beijing Shunxin's related companies.
| Open | High | Low | Close | Volume | |
| 17.41 | 17.42 | 16.85 | 17.01 | 16,059,972 | |
07/23/2024 | 16.91 | 17.04 | 16.28 | 16.34 | 18,077,048 |
| 16.20 | 16.45 | 16.08 | 16.25 | 10,260,160 |
| Backtest Beijing Shunxin | | | Beijing Shunxin History | | | Beijing Shunxin Valuation | Previous | Next |
Beijing Shunxin Trading Date Momentum on July 23, 2024
| On July 24 2024 Beijing Shunxin Agriculture was traded for 16.25 at the closing time. The highest price during the trading period was 16.45 and the lowest recorded bid was listed for 16.08 . The volume for the day was 10.3 M. This history from July 24, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.55% . The overall trading delta to the current price is 4.35% . |
Beijing Shunxin Agri Fundamentals Correlations and Trends
By evaluating Beijing Shunxin'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 Beijing Shunxin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Beijing financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Beijing Shunxin Stock history
Beijing Shunxin 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 Beijing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beijing Shunxin Agri 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 Beijing Shunxin stock prices may prove useful in developing a viable investing in Beijing Shunxin
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 853 M | 674 M | |
| Net Loss | -774.2 M | -735.5 M |
Beijing Shunxin Quarterly Net Working Capital |
|
Beijing Shunxin Stock Technical Analysis
Beijing Shunxin 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
Beijing Shunxin Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Beijing Shunxin Agriculture 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.
Beijing Shunxin December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Beijing Shunxin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beijing Shunxin shares will generate the highest return on investment. By undertsting and applying Beijing Shunxin stock market strength indicators, traders can identify Beijing Shunxin Agriculture entry and exit signals to maximize returns
Beijing Shunxin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beijing Shunxin's price direction in advance. Along with the technical and fundamental analysis of Beijing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beijing 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 | 0.1197 | |||
| Jensen Alpha | 0.4583 | |||
| Total Risk Alpha | 0.3724 | |||
| Sortino Ratio | 0.153 | |||
| Treynor Ratio | 0.7278 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Beijing Stock analysis
When running Beijing Shunxin's price analysis, check to measure Beijing Shunxin'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 Beijing Shunxin is operating at the current time. Most of Beijing Shunxin's value examination focuses on studying past and present price action to predict the probability of Beijing Shunxin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beijing Shunxin's price. Additionally, you may evaluate how the addition of Beijing Shunxin to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |