Shenzhen Hifuture (China) Price on September 20, 2024
| 002168 Stock | 2.82 0.01 0.36% |
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shenzhen Hifuture stands at 2.82, as last reported on the 1st of December, with the highest price reaching 2.89 and the lowest price hitting 2.79 during the day. At this point, Shenzhen Hifuture is risky. Shenzhen Hifuture owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0484, which indicates the firm had a 0.0484% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shenzhen Hifuture Electric, which you can use to evaluate the volatility of the company. Please validate Shenzhen Hifuture's Risk Adjusted Performance of 0.0447, coefficient of variation of 2064.97, and Semi Deviation of 2.97 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shenzhen |
Sharpe Ratio = 0.0484
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002168 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.33 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Shenzhen Hifuture is performing at about 3% 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 Shenzhen Hifuture by adding it to a well-diversified portfolio.
Shenzhen Hifuture Valuation on September 20, 2024
It is possible to determine the worth of Shenzhen Hifuture on a given historical date. On September 20, 2024 Shenzhen was worth 2.38 at the beginning of the trading date compared to the closed value of 2.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen Hifuture stock. Still, in general, we apply an absolute valuation method to find Shenzhen Hifuture'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 Shenzhen Hifuture where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen Hifuture's related companies.
| Open | High | Low | Close | Volume | |
| 2.50 | 2.50 | 2.50 | 2.50 | 288,800 | |
09/20/2024 | 2.38 | 2.38 | 2.38 | 2.38 | 785,800 |
| 2.26 | 2.26 | 2.26 | 2.26 | 482,800 |
| Backtest Shenzhen Hifuture | | | Shenzhen Hifuture History | | | Shenzhen Hifuture Valuation | Previous | Next |
Shenzhen Hifuture Trading Date Momentum on September 20, 2024
| On September 23 2024 Shenzhen Hifuture Electric was traded for 2.26 at the closing time. The highest price during the trading period was 2.26 and the lowest recorded bid was listed for 2.26 . The volume for the day was 482.8 K. This history from September 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.04% . The trading price change to the current price is 7.56% . |
Shenzhen Hifuture Fundamentals Correlations and Trends
By evaluating Shenzhen Hifuture'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 Shenzhen Hifuture's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shenzhen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shenzhen Hifuture Stock history
Shenzhen Hifuture 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 Shenzhen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenzhen Hifuture 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 Shenzhen Hifuture stock prices may prove useful in developing a viable investing in Shenzhen Hifuture
Shenzhen Hifuture Stock Technical Analysis
Shenzhen Hifuture 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
Shenzhen Hifuture Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Shenzhen Hifuture Electric 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.
Shenzhen Hifuture December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen Hifuture stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenzhen Hifuture shares will generate the highest return on investment. By undertsting and applying Shenzhen Hifuture stock market strength indicators, traders can identify Shenzhen Hifuture Electric entry and exit signals to maximize returns
Shenzhen Hifuture Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen Hifuture's price direction in advance. Along with the technical and fundamental analysis of Shenzhen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shenzhen 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 | 0.0447 | |||
| Jensen Alpha | 0.1931 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0073 | |||
| Treynor Ratio | (0.46) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shenzhen Stock analysis
When running Shenzhen Hifuture's price analysis, check to measure Shenzhen Hifuture'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 Shenzhen Hifuture is operating at the current time. Most of Shenzhen Hifuture's value examination focuses on studying past and present price action to predict the probability of Shenzhen Hifuture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenzhen Hifuture's price. Additionally, you may evaluate how the addition of Shenzhen Hifuture to your portfolios can decrease your overall portfolio volatility.
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