Bank of Suzhou (China) Price on September 23, 2024

002966 Stock   7.84  0.05  0.63%   
Below is the normalized historical share price chart for Bank of Suzhou extending back to August 02, 2019. 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 Bank of Suzhou stands at 7.84, as last reported on the 20th of December, with the highest price reaching 7.92 and the lowest price hitting 7.82 during the day.
200 Day MA
7.4354
50 Day MA
7.8654
Beta
0.457
 
Covid
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. Bank of Suzhou appears to be not too volatile, given 3 months investment horizon. Bank of Suzhou secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank of Suzhou, which you can use to evaluate the volatility of the firm. Please makes use of Bank of Suzhou's Mean Deviation of 1.42, risk adjusted performance of 0.1016, and Downside Deviation of 1.83 to double-check if our risk estimates are consistent with your expectations.
  
At present, Bank of Suzhou's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 12.1 B, whereas Total Stockholder Equity is forecasted to decline to about 24 B. . Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1453

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns002966
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.87
  actual daily
16
84% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Bank of Suzhou 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 Bank of Suzhou by adding it to a well-diversified portfolio.
Price Book
0.6158
Price Sales
2.7414
Shares Float
2.4 B
Dividend Share
0.39
Wall Street Target Price
8.3472

Bank of Suzhou Valuation on September 23, 2024

It is possible to determine the worth of Bank of Suzhou on a given historical date. On September 23, 2024 Bank was worth 6.7 at the beginning of the trading date compared to the closed value of 6.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of Suzhou stock. Still, in general, we apply an absolute valuation method to find Bank of Suzhou'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 Bank of Suzhou where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of Suzhou's related companies.
 Open High Low Close Volume
  6.64    6.74    6.61    6.71    27,575,420  
09/23/2024
  6.70    6.84    6.68    6.79    31,402,410  
  6.81    7.04    6.78    6.98    43,716,020  
Backtest Bank of Suzhou  |  Bank of Suzhou History  |  Bank of Suzhou Valuation   PreviousNext  
Open Value
6.7
6.79
Closing Value
12.31
Upside

Bank of Suzhou Trading Date Momentum on September 23, 2024

On September 24 2024 Bank of Suzhou was traded for  6.98  at the closing time. The highest price during the trading period was 7.04  and the lowest recorded bid was listed for  6.78 . The volume for the day was 43.7 M. This history from September 24, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.80% . The overall trading delta to the current price is 27.25% .

Bank of Suzhou Fundamentals Correlations and Trends

By evaluating Bank of Suzhou'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 Bank of Suzhou's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bank of Suzhou Stock history

Bank of Suzhou 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of Suzhou 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 Bank of Suzhou stock prices may prove useful in developing a viable investing in Bank of Suzhou
Last ReportedProjected for Next Year
Common Stock Shares Outstanding4.4 B3.8 B
Net Income Applicable To Common Shares3.6 B2.6 B

Bank of Suzhou Stock Technical Analysis

Bank of Suzhou 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 Bank of Suzhou technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bank of Suzhou 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

Bank of Suzhou Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bank of Suzhou 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.

Bank of Suzhou December 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Bank of Suzhou stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of Suzhou shares will generate the highest return on investment. By undertsting and applying Bank of Suzhou stock market strength indicators, traders can identify Bank of Suzhou entry and exit signals to maximize returns

Bank of Suzhou Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bank of Suzhou's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank 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 Bank Stock analysis

When running Bank of Suzhou's price analysis, check to measure Bank of Suzhou'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 Bank of Suzhou is operating at the current time. Most of Bank of Suzhou's value examination focuses on studying past and present price action to predict the probability of Bank of Suzhou's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Suzhou's price. Additionally, you may evaluate how the addition of Bank of Suzhou to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital