Western Securities (China) Price on September 25, 2024
| 002673 Stock | 8.68 0.05 0.57% |
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 8.68, as last reported on the 18th of December 2024, with the highest price reaching 8.80 and the lowest price hitting 8.65 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' Downside Deviation of 2.84, market risk adjusted performance of 0.4053, and Mean Deviation of 2.67 to validate if our risk estimates are consistent with your expectations.
As of December 18, 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 7.2607 | 50 Day MA 8.7964 | Beta 0.84 |
Western |
Sharpe Ratio = 0.1478
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002673 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
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 1.3806 | Price Sales 6.9339 | Shares Float 2.1 B | Dividend Share 0.1 | Wall Street Target Price 9 |
Related Headline
Chengdu B Headline on 25th of September 2024
The past one-year earnings decline for Chengdu B-ray MediaLt... by news.google.com
The past one-year earnings decline for Chengdu B-ray MediaLtd likely explains shareholders long-term losses Simply Wall St
Western Securities Valuation on September 25, 2024
It is possible to determine the worth of Western Securities on a given historical date. On September 25, 2024 Western was worth 6.81 at the beginning of the trading date compared to the closed value of 6.85. 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 | |
| 6.44 | 6.73 | 6.39 | 6.72 | 86,682,467 | |
09/25/2024 | 6.81 | 7.04 | 6.80 | 6.85 | 114,972,393 |
| 6.80 | 7.18 | 6.79 | 7.17 | 111,962,429 |
| Backtest Western Securities | | | Western Securities History | | | Western Securities Valuation | Previous | Next |
Western Securities Trading Date Momentum on September 25, 2024
| On September 26 2024 Western Securities Co was traded for 7.17 at the closing time. The highest price during the trading period was 7.18 and the lowest recorded bid was listed for 6.79 . The volume for the day was 112 M. This history from September 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.67% . The trading price change to the current price is 39.42% . |
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 18, 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 18, 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 | 0.1098 | |||
| Jensen Alpha | 0.4406 | |||
| Total Risk Alpha | 0.2176 | |||
| Sortino Ratio | 0.1611 | |||
| Treynor Ratio | 0.3953 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| 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.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| 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 | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |