Shandong Himile (China) Price on August 15, 2024
| 002595 Stock | 43.87 0.03 0.07% |
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 43.87, as last reported on the 11th of December 2024, with the highest price reaching 44.12 and the lowest price hitting 43.55 during the day.
If you're considering investing in Shandong Stock, it is important to understand the factors that can impact its price. At this point, Shandong Himile is very steady. Shandong Himile Mech owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0543, which indicates the firm had a 0.0543% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shandong Himile Mechanical, which you can use to evaluate the volatility of the company. Please validate Shandong Himile's Semi Deviation of 1.43, risk adjusted performance of 0.0755, and Coefficient Of Variation of 1047.68 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
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 39.3824 | 50 Day MA 45.4268 | Beta 0.609 |
Shandong |
Sharpe Ratio = 0.0543
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| Cash | Small Risk | 002595 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Shandong Himile is performing at about 4% 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 3.6619 | Enterprise Value Ebitda 15.561 | Price Sales 4.2581 | Shares Float 338.2 M | Dividend Share 1 |
Shandong Himile Valuation on August 15, 2024
It is possible to determine the worth of Shandong Himile on a given historical date. On August 15, 2024 Shandong was worth 34.15 at the beginning of the trading date compared to the closed value of 34.41. 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 | |
| 35.41 | 35.41 | 34.03 | 34.24 | 2,487,811 | |
08/15/2024 | 34.15 | 34.78 | 34.13 | 34.41 | 1,724,100 |
| 34.43 | 34.73 | 34.08 | 34.57 | 1,632,189 |
| Backtest Shandong Himile | | | Shandong Himile History | | | Shandong Himile Valuation | Previous | Next |
Shandong Himile Trading Date Momentum on August 15, 2024
| On August 16 2024 Shandong Himile Mechanical was traded for 34.57 at the closing time. The highest price during the trading period was 34.73 and the lowest recorded bid was listed for 34.08 . The volume for the day was 1.6 M. This history from August 16, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.46% . The trading price change to the current price is 10.61% . |
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 |
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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 | December 11, 2024
| 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 December 11, 2024 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 | 0.0755 | |||
| Jensen Alpha | 0.2271 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0442 | |||
| Treynor Ratio | (0.55) |
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| 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.
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