Shandong Himile (China) Price on February 9, 2023
| 002595 Stock | 50.93 0.05 0.1% |
Below is the normalized historical share price chart for Shandong Himile Mechanical extending back to June 28, 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 Shandong Himile stands at 50.93, as last reported on the 4th of March, with the highest price reaching 52.09 and the lowest price hitting 50.68 during the day.
If you're considering investing in Shandong Stock, it is important to understand the factors that can impact its price. Shandong Himile appears to be very steady, given 3 months investment horizon. Shandong Himile Mech owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shandong Himile Mechanical, which you can use to evaluate the volatility of the company. Please review Shandong Himile's Coefficient Of Variation of 744.05, risk adjusted performance of 0.1058, and Semi Deviation of 1.27 to confirm if our risk estimates are consistent with your expectations.
At present, Shandong Himile's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 173.2 M, whereas Common Stock is forecasted to decline to about 553.9 M. . Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of June 2011 | 200 Day MA 43.2148 | 50 Day MA 50.1478 | Beta 0.677 |
Shandong |
Sharpe Ratio = 0.1738
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002595 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Shandong Himile is performing at about 13% 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 Shandong Himile by adding it to a well-diversified portfolio.
Price Book 4.2525 | Enterprise Value Ebitda 18.1976 | Price Sales 5.1379 | Shares Float 338.4 M | Dividend Share 1 |
Related Headline
Duzhe Publishing Headline on 10th of February 2023
2023 China Magazine and Periodical Publishing Market Report ... by news.google.com
2023 China Magazine and Periodical Publishing Market Report ... Business Wire
Shandong Himile Valuation on February 9, 2023
It is possible to determine the worth of Shandong Himile on a given historical date. On February 9, 2023 Shandong was worth 26.17 at the beginning of the trading date compared to the closed value of 26.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shandong Himile stock. Still, in general, we apply an absolute valuation method to find Shandong Himile'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 Shandong Himile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shandong Himile's related companies.
| Open | High | Low | Close | Volume | |
02/10/2023 | 26.17 | 26.31 | 25.83 | 26.07 | 1,766,929 |
| 26.22 | 26.82 | 26.06 | 26.56 | 3,044,481 |
| Backtest Shandong Himile | | | Shandong Himile History | | | Shandong Himile Valuation | Next |
Shandong Himile Trading Date Momentum on February 9, 2023
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Shandong Himile Mech Fundamentals Correlations and Trends
By evaluating Shandong Himile'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 Shandong Himile's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shandong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shandong Himile Stock history
Shandong Himile 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 Shandong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shandong Himile Mech 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 Shandong Himile stock prices may prove useful in developing a viable investing in Shandong Himile
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 720 M | 640 M | |
| Net Income Applicable To Common Shares | 1.2 B | 1.3 B |
Shandong Himile Quarterly Net Working Capital |
|
Shandong Himile Stock Technical Analysis
Shandong Himile 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
Shandong Himile Period Price Range
Low | March 4, 2025
| High |
0.00 | 0.00 |
Shandong Himile Mechanical 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.
Shandong Himile March 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Shandong Himile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shandong Himile shares will generate the highest return on investment. By undertsting and applying Shandong Himile stock market strength indicators, traders can identify Shandong Himile Mechanical entry and exit signals to maximize returns
Shandong Himile Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shandong Himile's price direction in advance. Along with the technical and fundamental analysis of Shandong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shandong 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 | 0.1058 | |||
| Jensen Alpha | 0.2371 | |||
| Total Risk Alpha | 0.3349 | |||
| Sortino Ratio | 0.1845 | |||
| Treynor Ratio | 0.3901 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shandong Stock analysis
When running Shandong Himile's price analysis, check to measure Shandong Himile'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 Shandong Himile is operating at the current time. Most of Shandong Himile's value examination focuses on studying past and present price action to predict the probability of Shandong Himile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shandong Himile's price. Additionally, you may evaluate how the addition of Shandong Himile to your portfolios can decrease your overall portfolio volatility.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |