Shenzhen Glory (China) Price on March 25, 2024
| 002551 Stock | 3.83 0.08 2.13% |
Below is the normalized historical share price chart for Shenzhen Glory Medical extending back to February 25, 2011. 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 Shenzhen Glory stands at 3.83, as last reported on the 12th of December 2024, with the highest price reaching 3.87 and the lowest price hitting 3.72 during the day.
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. Shenzhen Glory appears to be unstable, given 3 months investment horizon. Shenzhen Glory Medical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. By inspecting Shenzhen Glory's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please review Shenzhen Glory's Semi Deviation of 2.77, coefficient of variation of 478.2, and Risk Adjusted Performance of 0.159 to confirm if our risk estimates are consistent with your expectations.
At present, Shenzhen Glory's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 873.8 M, whereas Total Stockholder Equity is forecasted to decline to about 1.8 B. . Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of February 2011 | 200 Day MA 2.8324 | 50 Day MA 3.2544 | Beta (0.04) |
Shenzhen |
Sharpe Ratio = 0.2201
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| Small Returns | 002551 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.46 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Shenzhen Glory is performing at about 17% 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 Glory by adding it to a well-diversified portfolio.
Price Book 1.2343 | Book Value 3.107 | Enterprise Value 2.6 B | Enterprise Value Ebitda (40.92) | Price Sales 2.5145 |
Shenzhen Glory Valuation on March 25, 2024
It is possible to determine the worth of Shenzhen Glory on a given historical date. On March 25, 2024 Shenzhen was worth 3.28 at the beginning of the trading date compared to the closed value of 3.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen Glory stock. Still, in general, we apply an absolute valuation method to find Shenzhen Glory'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 Glory where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen Glory's related companies.
| Open | High | Low | Close | Volume | |
| 3.42 | 3.43 | 3.28 | 3.31 | 46,980,320 | |
03/25/2024 | 3.28 | 3.30 | 3.17 | 3.19 | 28,665,311 |
| 3.18 | 3.21 | 3.12 | 3.20 | 20,750,740 |
| Backtest Shenzhen Glory | | | Shenzhen Glory History | | | Shenzhen Glory Valuation | Previous | Next |
Shenzhen Glory Trading Date Momentum on March 25, 2024
| On March 26 2024 Shenzhen Glory Medical was traded for 3.20 at the closing time. The highest price during the trading period was 3.21 and the lowest recorded bid was listed for 3.12 . The volume for the day was 20.8 M. This history from March 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.31% . The trading price change to the current price is 0.31% . |
Shenzhen Glory Medical Fundamentals Correlations and Trends
By evaluating Shenzhen Glory'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 Glory'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 Glory Stock history
Shenzhen Glory 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 Glory Medical 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 Glory stock prices may prove useful in developing a viable investing in Shenzhen Glory
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 844.8 M | 859.9 M | |
| Net Loss | -277.3 M | -263.4 M |
Shenzhen Glory Quarterly Net Working Capital |
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Shenzhen Glory Stock Technical Analysis
Shenzhen Glory 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 Glory Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Shenzhen Glory Medical 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 Glory December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen Glory 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 Glory shares will generate the highest return on investment. By undertsting and applying Shenzhen Glory stock market strength indicators, traders can identify Shenzhen Glory Medical entry and exit signals to maximize returns
Shenzhen Glory Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen Glory'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 | 0.159 | |||
| Jensen Alpha | 0.7973 | |||
| Total Risk Alpha | 0.1674 | |||
| Sortino Ratio | 0.1781 | |||
| Treynor Ratio | (1.11) |
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| Volume Indicators |
Complementary Tools for Shenzhen Stock analysis
When running Shenzhen Glory's price analysis, check to measure Shenzhen Glory'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 Glory is operating at the current time. Most of Shenzhen Glory's value examination focuses on studying past and present price action to predict the probability of Shenzhen Glory'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 Glory's price. Additionally, you may evaluate how the addition of Shenzhen Glory to your portfolios can decrease your overall portfolio volatility.
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