Shanghai 2345 (China) Price on October 24, 2024

002195 Stock   4.83  0.44  10.02%   
Below is the normalized historical share price chart for Shanghai 2345 Network extending back to December 12, 2007. 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 Shanghai 2345 stands at 4.83, as last reported on the 18th of December 2024, with the highest price reaching 4.83 and the lowest price hitting 4.36 during the day.
IPO Date
12th of December 2007
200 Day MA
2.8469
50 Day MA
3.5172
Beta
0.77
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. Shanghai 2345 is risky given 3 months investment horizon. Shanghai 2345 Network owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.3, which indicates the firm had a 0.3% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.41% are justified by taking the suggested risk. Use Shanghai 2345 Network Semi Deviation of 3.14, coefficient of variation of 354.37, and Risk Adjusted Performance of 0.2129 to evaluate company specific risk that cannot be diversified away.
  
The current year's Common Stock is expected to grow to about 6.9 B, whereas Total Stockholder Equity is forecasted to decline to about 5 B. . Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2956

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Estimated Market Risk

 4.79
  actual daily
42
58% of assets are more volatile

Expected Return

 1.41
  actual daily
28
72% of assets have higher returns

Risk-Adjusted Return

 0.3
  actual daily
23
77% of assets perform better
Based on monthly moving average Shanghai 2345 is performing at about 23% 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 Shanghai 2345 by adding it to a well-diversified portfolio.
Price Book
2.5485
Enterprise Value Ebitda
45.3279
Price Sales
44.4473
Shares Float
4.8 B
Dividend Share
0.01

Shanghai 2345 Valuation on October 24, 2024

It is possible to determine the worth of Shanghai 2345 on a given historical date. On October 24, 2024 Shanghai was worth 2.86 at the beginning of the trading date compared to the closed value of 2.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai 2345 stock. Still, in general, we apply an absolute valuation method to find Shanghai 2345'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 Shanghai 2345 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai 2345's related companies.
 Open High Low Close Volume
  2.90    2.92    2.86    2.87    151,312,094  
10/24/2024
  2.86    2.87    2.82    2.84    100,514,703  
  2.84    2.95    2.84    2.92    162,679,391  
Backtest Shanghai 2345  |  Shanghai 2345 History  |  Shanghai 2345 Valuation   PreviousNext  
Open Value
2.86
2.84
Closing Value
17.22
Upside

Shanghai 2345 Trading Date Momentum on October 24, 2024

On October 25 2024 Shanghai 2345 Network was traded for  2.92  at the closing time. The highest price during the trading period was 2.95  and the lowest recorded bid was listed for  2.84 . The volume for the day was 162.7 M. This history from October 25, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.82% . The trading price change to the current price is 1.76% .

Shanghai 2345 Network Fundamentals Correlations and Trends

By evaluating Shanghai 2345'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 Shanghai 2345's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shanghai financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shanghai 2345 Stock history

Shanghai 2345 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 Shanghai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanghai 2345 Network 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 Shanghai 2345 stock prices may prove useful in developing a viable investing in Shanghai 2345
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.2 B4.6 B
Net Income Applicable To Common Shares457 M277.1 M

Shanghai 2345 Quarterly Net Working Capital

6.89 Billion

Shanghai 2345 Stock Technical Analysis

Shanghai 2345 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 Shanghai 2345 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shanghai 2345 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

Shanghai 2345 Period Price Range

Low
December 18, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shanghai 2345 Network 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.

Shanghai 2345 December 18, 2024 Market Strength

Market strength indicators help investors to evaluate how Shanghai 2345 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanghai 2345 shares will generate the highest return on investment. By undertsting and applying Shanghai 2345 stock market strength indicators, traders can identify Shanghai 2345 Network entry and exit signals to maximize returns

Shanghai 2345 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shanghai 2345's price direction in advance. Along with the technical and fundamental analysis of Shanghai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shanghai 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 Shanghai Stock analysis

When running Shanghai 2345's price analysis, check to measure Shanghai 2345'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 Shanghai 2345 is operating at the current time. Most of Shanghai 2345's value examination focuses on studying past and present price action to predict the probability of Shanghai 2345's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai 2345's price. Additionally, you may evaluate how the addition of Shanghai 2345 to your portfolios can decrease your overall portfolio volatility.
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