Xiangtan Electrochemical (China) Price on May 8, 2024

002125 Stock   11.14  0.26  2.28%   
If you're considering investing in Xiangtan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xiangtan Electrochemical stands at 11.14, as last reported on the 4th of March, with the highest price reaching 11.24 and the lowest price hitting 11.01 during the day. Xiangtan Electrochemical shows Sharpe Ratio of -0.0565, which attests that the company had a -0.0565 % return per unit of risk over the last 3 months. Xiangtan Electrochemical exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xiangtan Electrochemical's Market Risk Adjusted Performance of (0.37), mean deviation of 1.37, and Standard Deviation of 1.81 to validate the risk estimate we provide.
  
Xiangtan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0565

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Estimated Market Risk

 1.81
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Xiangtan Electrochemical 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 Xiangtan Electrochemical by adding Xiangtan Electrochemical to a well-diversified portfolio.

Xiangtan Electrochemical Valuation on May 8, 2024

It is possible to determine the worth of Xiangtan Electrochemical on a given historical date. On May 8, 2024 Xiangtan was worth 12.24 at the beginning of the trading date compared to the closed value of 13.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xiangtan Electrochemical stock. Still, in general, we apply an absolute valuation method to find Xiangtan Electrochemical'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 Xiangtan Electrochemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xiangtan Electrochemical's related companies.
 Open High Low Close Volume
  12.30    12.70    12.14    12.53    73,038,880  
05/08/2024
  12.24    13.66    12.16    13.09    83,428,718  
  12.94    14.40    12.79    14.40    101,029,967  
Backtest Xiangtan Electrochemical  |  Xiangtan Electrochemical History  |  Xiangtan Electrochemical Valuation   PreviousNext  
Open Value
12.24
13.09
Closing Value
17.66
Upside

Xiangtan Electrochemical Trading Date Momentum on May 8, 2024

On May 09 2024 Xiangtan Electrochemical Scientific was traded for  14.40  at the closing time. The highest price during the trading period was 14.40  and the lowest recorded bid was listed for  12.79 . The volume for the day was 101 M. This history from May 9, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 10.01% . The trading price change to the current price is 6.11% .

Xiangtan Electrochemical Fundamentals Correlations and Trends

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

About Xiangtan Electrochemical Stock history

Xiangtan Electrochemical 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 Xiangtan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xiangtan Electrochemical 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 Xiangtan Electrochemical stock prices may prove useful in developing a viable investing in Xiangtan Electrochemical

Xiangtan Electrochemical Stock Technical Analysis

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

Xiangtan Electrochemical Period Price Range

Low
March 4, 2025
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High

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Xiangtan Electrochemical Scientific 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.

Xiangtan Electrochemical March 4, 2025 Market Strength

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

Xiangtan Electrochemical Technical and Predictive Indicators

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

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