Sinomine Resource (China) Price on May 16, 2024
| 002738 Stock | 36.56 0.67 1.87% |
Below is the normalized historical share price chart for Sinomine Resource Exploration extending back to December 30, 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 Sinomine Resource stands at 36.56, as last reported on the 21st of December, with the highest price reaching 36.81 and the lowest price hitting 35.80 during the day.
If you're considering investing in Sinomine Stock, it is important to understand the factors that can impact its price. Sinomine Resource appears to be very steady, given 3 months investment horizon. Sinomine Resource owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Sinomine Resource's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review Sinomine Resource's Semi Deviation of 2.92, risk adjusted performance of 0.0839, and Coefficient Of Variation of 1041.91 to confirm if our risk estimates are consistent with your expectations.
At present, Sinomine Resource's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 16.7 B, whereas Treasury Stock is forecasted to decline to (74.4 M). . Sinomine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 32.8962 | 50 Day MA 36.579 | Beta 0.542 |
Sinomine |
Sharpe Ratio = 0.1318
| Best Portfolio | Best Equity | |||
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| Small Returns | 002738 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Sinomine Resource is performing at about 10% 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 Sinomine Resource by adding it to a well-diversified portfolio.
Price Book 2.2129 | Enterprise Value Ebitda 30.3231 | Price Sales 5.7629 | Shares Float 576.5 M | Dividend Share 1 |
Sinomine Resource Valuation on May 16, 2024
It is possible to determine the worth of Sinomine Resource on a given historical date. On May 16, 2024 Sinomine was worth 32.74 at the beginning of the trading date compared to the closed value of 32.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinomine Resource stock. Still, in general, we apply an absolute valuation method to find Sinomine Resource'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 Sinomine Resource where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinomine Resource's related companies.
| Open | High | Low | Close | Volume | |
| 33.42 | 33.49 | 32.58 | 32.62 | 11,672,871 | |
05/16/2024 | 32.74 | 32.98 | 32.32 | 32.47 | 8,948,578 |
| 32.66 | 33.09 | 32.23 | 33.04 | 9,650,162 |
| Backtest Sinomine Resource | | | Sinomine Resource History | | | Sinomine Resource Valuation | Previous | Next |
Sinomine Resource Trading Date Momentum on May 16, 2024
| On May 17 2024 Sinomine Resource Exploration was traded for 33.04 at the closing time. The highest price during the trading period was 33.09 and the lowest recorded bid was listed for 32.23 . The volume for the day was 9.7 M. This history from May 17, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.76% . The trading price change to the current price is 2.74% . |
Sinomine Resource Fundamentals Correlations and Trends
By evaluating Sinomine Resource'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 Sinomine Resource's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sinomine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sinomine Resource Stock history
Sinomine Resource 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 Sinomine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinomine Resource 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 Sinomine Resource stock prices may prove useful in developing a viable investing in Sinomine Resource
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 728.4 M | 428.6 M | |
| Net Income Applicable To Common Shares | 642 M | 674.1 M |
Sinomine Resource Quarterly Net Working Capital |
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Sinomine Resource Stock Technical Analysis
Sinomine Resource 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
Sinomine Resource Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Sinomine Resource Exploration 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.
Sinomine Resource December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Sinomine Resource stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinomine Resource shares will generate the highest return on investment. By undertsting and applying Sinomine Resource stock market strength indicators, traders can identify Sinomine Resource Exploration entry and exit signals to maximize returns
Sinomine Resource Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sinomine Resource's price direction in advance. Along with the technical and fundamental analysis of Sinomine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sinomine 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 | 0.0839 | |||
| Jensen Alpha | 0.3427 | |||
| Total Risk Alpha | 0.2393 | |||
| Sortino Ratio | 0.1028 | |||
| Treynor Ratio | (9.52) |
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| Volume Indicators |
Complementary Tools for Sinomine Stock analysis
When running Sinomine Resource's price analysis, check to measure Sinomine Resource'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 Sinomine Resource is operating at the current time. Most of Sinomine Resource's value examination focuses on studying past and present price action to predict the probability of Sinomine Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinomine Resource's price. Additionally, you may evaluate how the addition of Sinomine Resource to your portfolios can decrease your overall portfolio volatility.
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