Shandong Longda (China) Price on November 22, 2024
| 002726 Stock | 7.92 0.02 0.25% |
Below is the normalized historical share price chart for Shandong Longda Meat extending back to June 26, 2014. 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 Longda stands at 7.92, as last reported on the 1st of January, with the highest price reaching 8.05 and the lowest price hitting 7.85 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 Longda is not too volatile. Shandong Longda Meat owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0546, which indicates the firm had a 0.0546% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shandong Longda Meat, which you can use to evaluate the volatility of the company. Please validate Shandong Longda's Coefficient Of Variation of 708.15, risk adjusted performance of 0.1203, and Semi Deviation of 1.79 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
At present, Shandong Longda's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 1.1 B, whereas Common Stock is forecasted to decline to about 626.9 M. . Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 6.9079 | 50 Day MA 7.1406 | Beta 0.6 |
Shandong |
Sharpe Ratio = 0.0546
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | 002726 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.12 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 Longda 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 Longda by adding it to a well-diversified portfolio.
Price Book 5.4963 | Enterprise Value Ebitda (10.10) | Price Sales 0.7613 | Shares Float 420.6 M | Wall Street Target Price 7.71 |
Shandong Longda Valuation on November 22, 2024
It is possible to determine the worth of Shandong Longda on a given historical date. On November 22, 2024 Shandong was worth 6.87 at the beginning of the trading date compared to the closed value of 6.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shandong Longda stock. Still, in general, we apply an absolute valuation method to find Shandong Longda'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 Longda where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shandong Longda's related companies.
| Open | High | Low | Close | Volume | |
| 6.77 | 6.96 | 6.73 | 6.86 | 18,638,991 | |
11/22/2024 | 6.87 | 6.92 | 6.64 | 6.69 | 16,529,000 |
| 6.66 | 6.73 | 6.58 | 6.67 | 13,524,804 |
| Backtest Shandong Longda | | | Shandong Longda History | | | Shandong Longda Valuation | Previous | Next |
Shandong Longda Trading Date Momentum on November 22, 2024
| On November 25 2024 Shandong Longda Meat was traded for 6.67 at the closing time. The highest price during the trading period was 6.73 and the lowest recorded bid was listed for 6.58 . The volume for the day was 13.5 M. This history from November 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.30% . The trading price change to the current price is 4.78% . |
Shandong Longda Meat Fundamentals Correlations and Trends
By evaluating Shandong Longda'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 Longda'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 Longda Stock history
Shandong Longda 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 Longda Meat 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 Longda stock prices may prove useful in developing a viable investing in Shandong Longda
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 1.1 B | |
| Net Income Applicable To Common Shares | 67.8 M | 114.7 M |
Shandong Longda Stock Technical Analysis
Shandong Longda 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 Longda Period Price Range
Low | January 1, 2025
| High |
0.00 | 0.00 |
Shandong Longda Meat 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 Longda January 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Shandong Longda 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 Longda shares will generate the highest return on investment. By undertsting and applying Shandong Longda stock market strength indicators, traders can identify Shandong Longda Meat entry and exit signals to maximize returns
Shandong Longda Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shandong Longda'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 | 0.1203 | |||
| Jensen Alpha | 0.3185 | |||
| Total Risk Alpha | 0.3163 | |||
| Sortino Ratio | 0.1474 | |||
| Treynor Ratio | 1.07 |
| 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 Longda's price analysis, check to measure Shandong Longda'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 Longda is operating at the current time. Most of Shandong Longda's value examination focuses on studying past and present price action to predict the probability of Shandong Longda'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 Longda's price. Additionally, you may evaluate how the addition of Shandong Longda to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Stocks Directory Find actively traded stocks across global markets | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |