Sanquan Food (China) Price on April 30, 2024

002216 Stock   11.37  0.21  1.81%   
If you're considering investing in Sanquan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sanquan Food stands at 11.37, as last reported on the 6th of January, with the highest price reaching 11.72 and the lowest price hitting 11.24 during the day. Sanquan Food owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0396, which indicates the firm had a -0.0396% return per unit of risk over the last 3 months. Sanquan Food Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sanquan Food's Risk Adjusted Performance of (0.03), variance of 7.19, and Coefficient Of Variation of (2,525) to confirm the risk estimate we provide.
  
Sanquan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0396

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Estimated Market Risk

 2.68
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sanquan Food 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 Sanquan Food by adding Sanquan Food to a well-diversified portfolio.

Sanquan Food Valuation on April 30, 2024

It is possible to determine the worth of Sanquan Food on a given historical date. On April 30, 2024 Sanquan was worth 11.97 at the beginning of the trading date compared to the closed value of 12.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sanquan Food stock. Still, in general, we apply an absolute valuation method to find Sanquan Food'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 Sanquan Food where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sanquan Food's related companies.
 Open High Low Close Volume
  11.51    11.98    11.51    11.93    10,018,040  
04/30/2024
  11.97    12.16    11.90    12.03    4,936,132  
  12.13    12.39    12.13    12.29    6,621,402  
Backtest Sanquan Food  |  Sanquan Food History  |  Sanquan Food Valuation   PreviousNext  
Open Value
11.97
12.03
Closing Value
20.02
Upside

Sanquan Food Trading Date Momentum on April 30, 2024

On May 06 2024 Sanquan Food Co was traded for  12.29  at the closing time. The highest price during the trading period was 12.39  and the lowest recorded bid was listed for  12.13 . The volume for the day was 6.6 M. This history from May 6, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.16% . The trading price change to the current price is 4.41% .

Sanquan Food Fundamentals Correlations and Trends

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

About Sanquan Food Stock history

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

Sanquan Food Stock Technical Analysis

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

Sanquan Food Period Price Range

Low
January 6, 2025
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High

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Sanquan Food 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.

Sanquan Food January 6, 2025 Market Strength

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

Sanquan Food Technical and Predictive Indicators

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

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