Shenzhen Silver (China) Price on November 17, 2023
002786 Stock | 8.72 0.31 3.43% |
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shenzhen Silver stands at 8.72, as last reported on the 11th of January 2025, with the highest price reaching 9.09 and the lowest price hitting 8.71 during the day. Shenzhen Silver Basis owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of risk over the last 3 months. Shenzhen Silver Basis exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shenzhen Silver's Variance of 14.25, coefficient of variation of (997.58), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shenzhen |
Sharpe Ratio = -0.1002
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Estimated Market Risk
3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shenzhen Silver is not performing at its full potential. However, 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 Shenzhen Silver by adding Shenzhen Silver to a well-diversified portfolio.
Shenzhen Silver Valuation on November 17, 2023
It is possible to determine the worth of Shenzhen Silver on a given historical date. On November 17, 2023 Shenzhen was worth 12.26 at the beginning of the trading date compared to the closed value of 13.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen Silver stock. Still, in general, we apply an absolute valuation method to find Shenzhen Silver'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 Shenzhen Silver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen Silver's related companies.
Open | High | Low | Close | Volume | |
12.21 | 12.21 | 12.21 | 12.21 | 12,264,100 | |
11/17/2023 | 12.26 | 13.43 | 12.23 | 13.43 | 85,870,391 |
14.77 | 14.77 | 14.77 | 14.77 | 10,096,770 |
Backtest Shenzhen Silver | | | Shenzhen Silver History | | | Shenzhen Silver Valuation | Previous | Next |
Shenzhen Silver Trading Date Momentum on November 17, 2023
On November 20 2023 Shenzhen Silver Basis was traded for 14.77 at the closing time. The highest price during the trading period was 14.77 and the lowest recorded bid was listed for 14.77 . The volume for the day was 10.1 M. This history from November 20, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 9.98% . The trading price change to the current price is 10.28% . |
Shenzhen Silver Basis Fundamentals Correlations and Trends
By evaluating Shenzhen Silver'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 Shenzhen Silver's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shenzhen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shenzhen Silver Stock history
Shenzhen Silver 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 Shenzhen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenzhen Silver Basis 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 Shenzhen Silver stock prices may prove useful in developing a viable investing in Shenzhen Silver
Shenzhen Silver Stock Technical Analysis
Shenzhen Silver 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
Shenzhen Silver Period Price Range
Low | January 11, 2025
| High |
0.00 | 0.00 |
Shenzhen Silver Basis 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.
Shenzhen Silver January 11, 2025 Market Strength
Market strength indicators help investors to evaluate how Shenzhen Silver stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenzhen Silver shares will generate the highest return on investment. By undertsting and applying Shenzhen Silver stock market strength indicators, traders can identify Shenzhen Silver Basis entry and exit signals to maximize returns
Shenzhen Silver Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen Silver's price direction in advance. Along with the technical and fundamental analysis of Shenzhen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shenzhen 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 | (0.07) | |||
Jensen Alpha | (0.39) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | 1.02 |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
Complementary Tools for Shenzhen Stock analysis
When running Shenzhen Silver's price analysis, check to measure Shenzhen Silver'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 Shenzhen Silver is operating at the current time. Most of Shenzhen Silver's value examination focuses on studying past and present price action to predict the probability of Shenzhen Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenzhen Silver's price. Additionally, you may evaluate how the addition of Shenzhen Silver to your portfolios can decrease your overall portfolio volatility.
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