Shandong Rike (China) Price on November 4, 2024
| 300214 Stock | 5.98 0.28 4.91% |
Below is the normalized historical share price chart for Shandong Rike Chemical extending back to May 11, 2011. 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 Shandong Rike stands at 5.98, as last reported on the 6th of January, with the highest price reaching 6.15 and the lowest price hitting 5.45 during the day.
If you're considering investing in Shandong Stock, it is important to understand the factors that can impact its price. At this point, Shandong Rike is moderately volatile. Shandong Rike Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0256, which indicates the firm had a 0.0256% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shandong Rike Chemical, which you can use to evaluate the volatility of the company. Please validate Shandong Rike's Coefficient Of Variation of 1042.56, semi deviation of 3.5, and Risk Adjusted Performance of 0.0857 to confirm if the risk estimate we provide is consistent with the expected return of 0.0883%.
As of January 6, 2025, Total Stockholder Equity is expected to decline to about 1.5 B. In addition to that, Common Stock is expected to decline to about 343.7 M. Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of May 2011 | 200 Day MA 5.4948 | 50 Day MA 5.9706 | Beta 0.397 |
Shandong |
Sharpe Ratio = 0.0256
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| Cash | Small Risk | Average Risk | 300214 | Huge Risk |
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Estimated Market Risk
| 3.45 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Shandong Rike is performing at about 2% 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 Rike by adding it to a well-diversified portfolio.
Price Book 1.0774 | Enterprise Value Ebitda 42.9748 | Price Sales 0.87 | Shares Float 286.2 M | Dividend Share 0.04 |
Shandong Rike Valuation on November 4, 2024
It is possible to determine the worth of Shandong Rike on a given historical date. On November 4, 2024 Shandong was worth 5.59 at the beginning of the trading date compared to the closed value of 5.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shandong Rike stock. Still, in general, we apply an absolute valuation method to find Shandong Rike'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 Rike where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shandong Rike's related companies.
| Open | High | Low | Close | Volume | |
| 5.75 | 5.85 | 5.60 | 5.62 | 7,697,399 | |
11/04/2024 | 5.59 | 5.72 | 5.58 | 5.66 | 4,176,102 |
| 5.68 | 5.78 | 5.66 | 5.77 | 5,582,400 |
| Backtest Shandong Rike | | | Shandong Rike History | | | Shandong Rike Valuation | Previous | Next |
Shandong Rike Trading Date Momentum on November 4, 2024
| On November 05 2024 Shandong Rike Chemical was traded for 5.77 at the closing time. The highest price during the trading period was 5.78 and the lowest recorded bid was listed for 5.66 . The volume for the day was 5.6 M. This history from November 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.94% . The trading price change to the current price is 5.83% . |
Shandong Rike Chemical Fundamentals Correlations and Trends
By evaluating Shandong Rike'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 Rike'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 Rike Stock history
Shandong Rike 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 Rike Chemical 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 Rike stock prices may prove useful in developing a viable investing in Shandong Rike
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 535.9 M | 488.9 M | |
| Net Income Applicable To Common Shares | 226 M | 119 M |
Shandong Rike Quarterly Net Working Capital |
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Shandong Rike Stock Technical Analysis
Shandong Rike 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 Rike Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Shandong Rike Chemical 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 Rike January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Shandong Rike 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 Rike shares will generate the highest return on investment. By undertsting and applying Shandong Rike stock market strength indicators, traders can identify Shandong Rike Chemical entry and exit signals to maximize returns
Shandong Rike Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shandong Rike'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 | 0.0857 | |||
| Jensen Alpha | 0.3575 | |||
| Total Risk Alpha | 0.2956 | |||
| Sortino Ratio | 0.0864 | |||
| Treynor Ratio | (1.01) |
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Complementary Tools for Shandong Stock analysis
When running Shandong Rike's price analysis, check to measure Shandong Rike'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 Rike is operating at the current time. Most of Shandong Rike's value examination focuses on studying past and present price action to predict the probability of Shandong Rike'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 Rike's price. Additionally, you may evaluate how the addition of Shandong Rike to your portfolios can decrease your overall portfolio volatility.
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