Shenzhen Silver (China) Price on November 22, 2023

002786 Stock   10.26  0.65  5.96%   
Below is the normalized historical share price chart for Shenzhen Silver Basis extending back to December 23, 2015. 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 Shenzhen Silver stands at 10.26, as last reported on the 24th of December, with the highest price reaching 10.85 and the lowest price hitting 10.23 during the day.
200 Day MA
9.9324
50 Day MA
11.8372
Beta
1.511
 
Yuan Drop
 
Covid
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. Shenzhen Silver appears to be somewhat reliable, given 3 months investment horizon. Shenzhen Silver Basis owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0672, which indicates the firm had a 0.0672% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shenzhen Silver Basis, which you can use to evaluate the volatility of the company. Please review Shenzhen Silver's Coefficient Of Variation of 944.17, semi deviation of 3.79, and Risk Adjusted Performance of 0.0922 to confirm if our risk estimates are consistent with your expectations.
  
At present, Shenzhen Silver's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 1 M, whereas Common Stock is forecasted to decline to about 309.6 M. . Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0672

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Estimated Market Risk

 4.55
  actual daily
40
60% of assets are more volatile

Expected Return

 0.31
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Shenzhen Silver is performing at about 5% 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 Shenzhen Silver by adding it to a well-diversified portfolio.
Price Book
13.6287
Book Value
0.753
Enterprise Value
5.8 B
Enterprise Value Ebitda
16.6151
Price Sales
2.1752

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Shenzhen Silver Valuation on November 22, 2023

It is possible to determine the worth of Shenzhen Silver on a given historical date. On November 22, 2023 Shenzhen was worth 16.0 at the beginning of the trading date compared to the closed value of 14.63. 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
  16.25    16.25    16.25    16.25    11,737,810  
11/22/2023
  16.00    17.29    14.63    14.63    184,426,297  
  13.17    13.87    13.17    13.17    104,338,492  
Backtest Shenzhen Silver  |  Shenzhen Silver History  |  Shenzhen Silver Valuation   PreviousNext  
Open Value
16.0
14.63
Closing Value
29.64
Upside

Shenzhen Silver Trading Date Momentum on November 22, 2023

On November 23 2023 Shenzhen Silver Basis was traded for  13.17  at the closing time. The highest price during the trading period was 13.87  and the lowest recorded bid was listed for  13.17 . The volume for the day was 104.3 M. This history from November 23, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 9.98% . The trading price change to the current price is 9.71% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding570 M473.3 M
Net Loss-232 M-220.4 M

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.
A focus of Shenzhen Silver technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shenzhen Silver trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shenzhen Silver Period Price Range

Low
December 24, 2024
0.00  NaN%
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 December 24, 2024 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.

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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