FSPG Hi (China) Price on September 19, 2024
| 000973 Stock | 5.63 0.21 3.60% |
If you're considering investing in FSPG Stock, it is important to understand the factors that can impact its price. As of today, the current price of FSPG Hi stands at 5.63, as last reported on the 12th of January 2025, with the highest price reaching 5.87 and the lowest price hitting 5.62 during the day. FSPG Hi appears to be relatively risky, given 3 months investment horizon. FSPG Hi Tech secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of volatility over the last 3 months. By evaluating FSPG Hi's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize FSPG Hi's Market Risk Adjusted Performance of (0.44), downside deviation of 4.7, and Mean Deviation of 3.23 to check if our risk estimates are consistent with your expectations.
FSPG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FSPG |
Sharpe Ratio = 0.1174
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| Small Returns | 000973 | |||
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Estimated Market Risk
| 4.7 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average FSPG Hi is performing at about 9% 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 FSPG Hi by adding it to a well-diversified portfolio.
FSPG Hi Valuation on September 19, 2024
It is possible to determine the worth of FSPG Hi on a given historical date. On September 19, 2024 FSPG was worth 3.65 at the beginning of the trading date compared to the closed value of 3.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FSPG Hi stock. Still, in general, we apply an absolute valuation method to find FSPG Hi'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 FSPG Hi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FSPG Hi's related companies.
| Open | High | Low | Close | Volume | |
| 3.65 | 3.67 | 3.56 | 3.64 | 5,293,787 | |
09/19/2024 | 3.65 | 3.77 | 3.64 | 3.76 | 6,908,651 |
| 3.74 | 3.78 | 3.74 | 3.76 | 4,374,557 |
| Backtest FSPG Hi | | | FSPG Hi History | | | FSPG Hi Valuation | Previous | Next |
FSPG Hi Trading Date Momentum on September 19, 2024
| On September 20 2024 FSPG Hi Tech Co was traded for 3.76 at the closing time. The highest price during the trading period was 3.78 and the lowest recorded bid was listed for 3.74 . The volume for the day was 4.4 M. This history from September 20, 2024 did not affect price variability. The overall trading delta to the current price is 10.64% . |
FSPG Hi Tech Fundamentals Correlations and Trends
By evaluating FSPG Hi'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 FSPG Hi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FSPG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FSPG Hi Stock history
FSPG Hi 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 FSPG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FSPG Hi Tech 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 FSPG Hi stock prices may prove useful in developing a viable investing in FSPG Hi
FSPG Hi Stock Technical Analysis
FSPG Hi 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
FSPG Hi Period Price Range
Low | January 12, 2025
| High |
0.00 | 0.00 |
FSPG Hi Tech 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.
FSPG Hi January 12, 2025 Market Strength
Market strength indicators help investors to evaluate how FSPG Hi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FSPG Hi shares will generate the highest return on investment. By undertsting and applying FSPG Hi stock market strength indicators, traders can identify FSPG Hi Tech Co entry and exit signals to maximize returns
FSPG Hi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FSPG Hi's price direction in advance. Along with the technical and fundamental analysis of FSPG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FSPG 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 | 0.1047 | |||
| Jensen Alpha | 0.5271 | |||
| Total Risk Alpha | 0.6088 | |||
| Sortino Ratio | 0.1176 | |||
| Treynor Ratio | (0.45) |
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Complementary Tools for FSPG Stock analysis
When running FSPG Hi's price analysis, check to measure FSPG Hi'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 FSPG Hi is operating at the current time. Most of FSPG Hi's value examination focuses on studying past and present price action to predict the probability of FSPG Hi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FSPG Hi's price. Additionally, you may evaluate how the addition of FSPG Hi to your portfolios can decrease your overall portfolio volatility.
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