Songz Automobile (China) Price on October 23, 2024
| 002454 Stock | 6.87 0.07 1.01% |
Below is the normalized historical share price chart for Songz Automobile Air extending back to July 20, 2010. 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 Songz Automobile stands at 6.87, as last reported on the 28th of November, with the highest price reaching 6.94 and the lowest price hitting 6.84 during the day.
If you're considering investing in Songz Stock, it is important to understand the factors that can impact its price. Songz Automobile appears to be slightly risky, given 3 months investment horizon. Songz Automobile Air owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Songz Automobile Air, which you can use to evaluate the volatility of the company. Please review Songz Automobile's Coefficient Of Variation of 699.38, semi deviation of 2.1, and Risk Adjusted Performance of 0.1165 to confirm if our risk estimates are consistent with your expectations.
As of November 28, 2024, Total Stockholder Equity is expected to decline to about 2.7 B. In addition to that, Liabilities And Stockholders Equity is expected to decline to about 4.7 B. Songz Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of July 2010 | 200 Day MA 6.0053 | 50 Day MA 6.3914 | Beta (0.05) |
Songz |
Sharpe Ratio = 0.1621
| Best Portfolio | Best Equity | |||
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| Small Returns | 002454 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Songz Automobile is performing at about 12% 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 Songz Automobile by adding it to a well-diversified portfolio.
Price Book 1.111 | Enterprise Value Ebitda 13.8814 | Price Sales 0.9274 | Shares Float 325.1 M | Dividend Share 0.06 |
Songz Automobile Valuation on October 23, 2024
It is possible to determine the worth of Songz Automobile on a given historical date. On October 23, 2024 Songz was worth 6.25 at the beginning of the trading date compared to the closed value of 6.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Songz Automobile stock. Still, in general, we apply an absolute valuation method to find Songz Automobile'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 Songz Automobile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Songz Automobile's related companies.
| Open | High | Low | Close | Volume | |
| 6.05 | 6.42 | 6.01 | 6.22 | 13,782,000 | |
10/23/2024 | 6.25 | 6.33 | 6.19 | 6.28 | 9,269,798 |
| 6.26 | 6.31 | 6.20 | 6.26 | 5,751,902 |
| Backtest Songz Automobile | | | Songz Automobile History | | | Songz Automobile Valuation | Previous | Next |
Songz Automobile Trading Date Momentum on October 23, 2024
| On October 24 2024 Songz Automobile Air was traded for 6.26 at the closing time. The highest price during the trading period was 6.31 and the lowest recorded bid was listed for 6.20 . The volume for the day was 5.8 M. This history from October 24, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.32% . The trading price change to the current price is 4.46% . |
Songz Automobile Air Fundamentals Correlations and Trends
By evaluating Songz Automobile'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 Songz Automobile's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Songz financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Songz Automobile Stock history
Songz Automobile 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 Songz is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Songz Automobile Air 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 Songz Automobile stock prices may prove useful in developing a viable investing in Songz Automobile
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 565.7 M | 503.4 M | |
| Net Income Applicable To Common Shares | 107.9 M | 102.5 M |
Songz Automobile Quarterly Net Working Capital |
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Songz Automobile Stock Technical Analysis
Songz Automobile 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
Songz Automobile Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Songz Automobile Air 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.
Songz Automobile November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Songz Automobile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Songz Automobile shares will generate the highest return on investment. By undertsting and applying Songz Automobile stock market strength indicators, traders can identify Songz Automobile Air entry and exit signals to maximize returns
Songz Automobile Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Songz Automobile's price direction in advance. Along with the technical and fundamental analysis of Songz Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Songz 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 | 0.1165 | |||
| Jensen Alpha | 0.3987 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1005 | |||
| Treynor Ratio | (0.82) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Songz Stock analysis
When running Songz Automobile's price analysis, check to measure Songz Automobile'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 Songz Automobile is operating at the current time. Most of Songz Automobile's value examination focuses on studying past and present price action to predict the probability of Songz Automobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Songz Automobile's price. Additionally, you may evaluate how the addition of Songz Automobile to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |