Western Securities (China) Price on May 22, 2023
| 002673 Stock | 8.65 0.03 0.35% |
Below is the normalized historical share price chart for Western Securities Co extending back to May 03, 2012. 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 Western Securities stands at 8.65, as last reported on the 21st of December, with the highest price reaching 8.69 and the lowest price hitting 8.52 during the day.
If you're considering investing in Western Stock, it is important to understand the factors that can impact its price. Western Securities appears to be slightly risky, given 3 months investment horizon. Western Securities shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. By examining Western Securities' technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please utilize Western Securities' Mean Deviation of 2.67, market risk adjusted performance of 1.77, and Downside Deviation of 2.84 to validate if our risk estimates are consistent with your expectations.
As of December 21, 2024, Total Stockholder Equity is expected to decline to about 15.3 B. In addition to that, Common Stock is expected to decline to about 2.7 B. Western Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of May 2012 | 200 Day MA 7.2779 | 50 Day MA 8.8028 | Beta 0.84 |
Western |
Sharpe Ratio = 0.1483
| Best Portfolio | Best Equity | |||
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| Small Returns | 002673 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.91 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Western Securities is performing at about 11% 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 Western Securities by adding it to a well-diversified portfolio.
Price Book 1.368 | Price Sales 6.9179 | Shares Float 2.1 B | Dividend Share 0.1 | Wall Street Target Price 9 |
Western Securities Valuation on May 22, 2023
It is possible to determine the worth of Western Securities on a given historical date. On May 22, 2023 Western was worth 6.45 at the beginning of the trading date compared to the closed value of 6.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Securities stock. Still, in general, we apply an absolute valuation method to find Western Securities' 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 Western Securities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western Securities' related companies.
| Open | High | Low | Close | Volume | |
| 6.55 | 6.56 | 6.45 | 6.46 | 19,923,170 | |
05/22/2023 | 6.45 | 6.49 | 6.41 | 6.44 | 18,695,317 |
| 6.42 | 6.48 | 6.31 | 6.32 | 26,324,492 |
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Western Securities Trading Date Momentum on May 22, 2023
| On May 23 2023 Western Securities Co was traded for 6.32 at the closing time. The highest price during the trading period was 6.48 and the lowest recorded bid was listed for 6.31 . The volume for the day was 26.3 M. This history from May 23, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.86% . The trading price change to the current price is 2.02% . |
Western Securities Fundamentals Correlations and Trends
By evaluating Western Securities' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Western Securities' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Western financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Western Securities Stock history
Western Securities 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 Western is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Western Securities 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 Western Securities stock prices may prove useful in developing a viable investing in Western Securities
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.1 B | 4.3 B | |
| Net Income Applicable To Common Shares | 1.6 B | 828.9 M |
Western Securities Stock Technical Analysis
Western Securities 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
Western Securities Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Western Securities 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.
Western Securities December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Western Securities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western Securities shares will generate the highest return on investment. By undertsting and applying Western Securities stock market strength indicators, traders can identify Western Securities Co entry and exit signals to maximize returns
Western Securities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Western Securities' price direction in advance. Along with the technical and fundamental analysis of Western Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Western 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 | 0.119 | |||
| Jensen Alpha | 0.5089 | |||
| Total Risk Alpha | 0.4105 | |||
| Sortino Ratio | 0.1734 | |||
| Treynor Ratio | 1.76 |
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| Volume Indicators |
Complementary Tools for Western Stock analysis
When running Western Securities' price analysis, check to measure Western Securities' 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 Western Securities is operating at the current time. Most of Western Securities' value examination focuses on studying past and present price action to predict the probability of Western Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Securities' price. Additionally, you may evaluate how the addition of Western Securities to your portfolios can decrease your overall portfolio volatility.
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