Shandong Sino-Agri (China) Price on September 10, 2024
| 003042 Stock | 17.97 1.63 9.98% |
If you're considering investing in Shandong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shandong Sino-Agri stands at 17.97, as last reported on the 29th of November, with the highest price reaching 17.97 and the lowest price hitting 17.01 during the day. Shandong Sino-Agri appears to be not too volatile, given 3 months investment horizon. Shandong Sino Agri owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. By inspecting Shandong Sino-Agri's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please review Shandong Sino-Agri's Semi Deviation of 2.67, risk adjusted performance of 0.1447, and Coefficient Of Variation of 559.59 to confirm if our risk estimates are consistent with your expectations.
As of November 29, 2024, Total Stockholder Equity is expected to decline to about 1.5 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 141.1 M. Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shandong |
Sharpe Ratio = 0.1914
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| Small Returns | 003042 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.66 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Shandong Sino-Agri is performing at about 15% 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 Sino-Agri by adding it to a well-diversified portfolio.
Price Book 1.4883 | Book Value 9.978 | Enterprise Value 2.8 B | Enterprise Value Ebitda 28.2125 | Price Sales 1.2565 |
Shandong Sino-Agri Valuation on September 10, 2024
It is possible to determine the worth of Shandong Sino-Agri on a given historical date. On September 10, 2024 Shandong was worth 11.41 at the beginning of the trading date compared to the closed value of 11.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shandong Sino-Agri stock. Still, in general, we apply an absolute valuation method to find Shandong Sino-Agri'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 Sino-Agri where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shandong Sino-Agri's related companies.
| Open | High | Low | Close | Volume | |
| 11.34 | 11.53 | 11.16 | 11.41 | 1,683,590 | |
09/10/2024 | 11.41 | 11.55 | 11.20 | 11.45 | 965,730 |
| 11.44 | 11.51 | 11.30 | 11.38 | 744,600 |
| Backtest Shandong Sino-Agri | | | Shandong Sino-Agri History | | | Shandong Sino-Agri Valuation | Previous | Next |
Shandong Sino-Agri Trading Date Momentum on September 10, 2024
| On September 11 2024 Shandong Sino Agri United was traded for 11.38 at the closing time. The highest price during the trading period was 11.51 and the lowest recorded bid was listed for 11.30 . The volume for the day was 744.6 K. This history from September 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.61% . The trading price change to the current price is 0.61% . |
Shandong Sino Agri Fundamentals Correlations and Trends
By evaluating Shandong Sino-Agri'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 Sino-Agri'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 Sino-Agri Stock history
Shandong Sino-Agri 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 Sino Agri 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 Sino-Agri stock prices may prove useful in developing a viable investing in Shandong Sino-Agri
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 163.9 M | 141.1 M | |
| Net Income Applicable To Common Shares | 88.7 M | 93.1 M |
Shandong Sino-Agri Stock Technical Analysis
Shandong Sino-Agri 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 Sino-Agri Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Shandong Sino Agri United 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 Sino-Agri November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Shandong Sino-Agri 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 Sino-Agri shares will generate the highest return on investment. By undertsting and applying Shandong Sino-Agri stock market strength indicators, traders can identify Shandong Sino Agri United entry and exit signals to maximize returns
Shandong Sino-Agri Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shandong Sino-Agri'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 | 0.1447 | |||
| Jensen Alpha | 0.5487 | |||
| Total Risk Alpha | 0.0871 | |||
| Sortino Ratio | 0.1486 | |||
| Treynor Ratio | 1.2 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shandong Stock analysis
When running Shandong Sino-Agri's price analysis, check to measure Shandong Sino-Agri'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 Sino-Agri is operating at the current time. Most of Shandong Sino-Agri's value examination focuses on studying past and present price action to predict the probability of Shandong Sino-Agri'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 Sino-Agri's price. Additionally, you may evaluate how the addition of Shandong Sino-Agri to your portfolios can decrease your overall portfolio volatility.
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