Beijing Shunxin (China) Price on July 30, 2024

000860 Stock   18.60  0.87  4.47%   
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 18.60, as last reported on the 3rd of January, with the highest price reaching 19.45 and the lowest price hitting 18.34 during the day.
IPO Date
4th of November 1998
200 Day MA
17.8679
50 Day MA
19.1972
Beta
0.845
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Beijing Stock, it is important to understand the factors that can impact its price. Beijing Shunxin Agri secures Sharpe Ratio (or Efficiency) of -0.0469, which signifies that the company had a -0.0469% return per unit of risk over the last 3 months. Beijing Shunxin Agriculture exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijing Shunxin's Mean Deviation of 2.42, risk adjusted performance of 0.0926, and Downside Deviation of 2.96 to double-check the risk estimate we provide.
  
The current year's Total Stockholder Equity is expected to grow to about 8.2 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 674 M. . Beijing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0469

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns000860

Estimated Market Risk

 2.83
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Beijing Shunxin 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 Beijing Shunxin by adding Beijing Shunxin to a well-diversified portfolio.
Price Book
2.0157
Enterprise Value Ebitda
17.0588
Price Sales
1.5663
Shares Float
457.3 M
Wall Street Target Price
20.64

Beijing Shunxin Valuation on July 30, 2024

It is possible to determine the worth of Beijing Shunxin on a given historical date. On July 30, 2024 Beijing was worth 16.19 at the beginning of the trading date compared to the closed value of 16.5. 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
  16.49    16.57    16.30    16.32    7,438,865  
07/30/2024
  16.19    16.50    16.00    16.50    9,750,800  
  16.45    17.24    16.40    17.17    19,178,038  
Backtest Beijing Shunxin  |  Beijing Shunxin History  |  Beijing Shunxin Valuation   PreviousNext  
Open Value
16.19
16.5
Closing Value
24.69
Upside

Beijing Shunxin Trading Date Momentum on July 30, 2024

On July 31 2024 Beijing Shunxin Agriculture was traded for  17.17  at the closing time. The highest price during the trading period was 17.24  and the lowest recorded bid was listed for  16.40 . The volume for the day was 19.2 M. This history from July 31, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.06% . The overall trading delta to the current price is 6.55% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding853 M674 M
Net Loss-774.2 M-735.5 M

Beijing Shunxin Quarterly Net Working Capital

3.66 Billion

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

Beijing Shunxin Period Price Range

Low
January 3, 2025
0.00  NaN%
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 January 3, 2025 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.

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.
CEOs Directory
Screen CEOs from public companies around the world
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Stocks Directory
Find actively traded stocks across global markets
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets