Shandong Ruifeng (China) Price on September 10, 2024
| 300243 Stock | 11.08 0.08 0.73% |
Below is the normalized historical share price chart for Shandong Ruifeng Chemical extending back to July 12, 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 Ruifeng stands at 11.08, as last reported on the 2nd of December, with the highest price reaching 11.16 and the lowest price hitting 10.80 during the day.
If you're considering investing in Shandong Stock, it is important to understand the factors that can impact its price. Shandong Ruifeng appears to be slightly risky, given 3 months investment horizon. Shandong Ruifeng Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Shandong Ruifeng's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please review Shandong Ruifeng's Risk Adjusted Performance of 0.1102, coefficient of variation of 751.17, and Semi Deviation of 3.62 to confirm if our risk estimates are consistent with your expectations.
At present, Shandong Ruifeng's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 257.7 M, whereas Common Stock is forecasted to decline to about 168.3 M. . Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of July 2011 | 200 Day MA 9.3069 | 50 Day MA 10.4268 | Beta 0.932 |
Shandong |
Sharpe Ratio = 0.1521
| Best Portfolio | Best Equity | |||
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| Small Returns | 300243 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.13 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Shandong Ruifeng 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 Shandong Ruifeng by adding it to a well-diversified portfolio.
Price Book 2.3901 | Enterprise Value Ebitda 34.6648 | Price Sales 1.4368 | Shares Float 148.3 M | Dividend Share 0.1 |
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Shandong Ruifeng Valuation on September 10, 2024
It is possible to determine the worth of Shandong Ruifeng on a given historical date. On September 10, 2024 Shandong was worth 7.47 at the beginning of the trading date compared to the closed value of 7.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shandong Ruifeng stock. Still, in general, we apply an absolute valuation method to find Shandong Ruifeng'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 Ruifeng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shandong Ruifeng's related companies.
| Open | High | Low | Close | Volume | |
| 7.38 | 7.54 | 7.35 | 7.49 | 3,234,500 | |
09/10/2024 | 7.47 | 7.56 | 7.39 | 7.52 | 3,151,000 |
| 7.52 | 7.62 | 7.46 | 7.55 | 3,432,700 |
| Backtest Shandong Ruifeng | | | Shandong Ruifeng History | | | Shandong Ruifeng Valuation | Previous | Next |
Shandong Ruifeng Trading Date Momentum on September 10, 2024
| On September 11 2024 Shandong Ruifeng Chemical was traded for 7.55 at the closing time. The highest price during the trading period was 7.62 and the lowest recorded bid was listed for 7.46 . The volume for the day was 3.4 M. This history from September 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.40% . The trading price change to the current price is 0.40% . |
Shandong Ruifeng Chemical Fundamentals Correlations and Trends
By evaluating Shandong Ruifeng'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 Ruifeng'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 Ruifeng Stock history
Shandong Ruifeng 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 Ruifeng 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 Ruifeng stock prices may prove useful in developing a viable investing in Shandong Ruifeng
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 250.4 M | 257.7 M | |
| Net Income Applicable To Common Shares | 70.3 M | 50.9 M |
Shandong Ruifeng Quarterly Net Working Capital |
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Shandong Ruifeng Stock Technical Analysis
Shandong Ruifeng 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 Ruifeng Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Shandong Ruifeng 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 Ruifeng December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Shandong Ruifeng 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 Ruifeng shares will generate the highest return on investment. By undertsting and applying Shandong Ruifeng stock market strength indicators, traders can identify Shandong Ruifeng Chemical entry and exit signals to maximize returns
Shandong Ruifeng Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shandong Ruifeng'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 | 0.1102 | |||
| Jensen Alpha | 0.7548 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.1189 | |||
| Treynor Ratio | (0.67) |
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
Complementary Tools for Shandong Stock analysis
When running Shandong Ruifeng's price analysis, check to measure Shandong Ruifeng'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 Ruifeng is operating at the current time. Most of Shandong Ruifeng's value examination focuses on studying past and present price action to predict the probability of Shandong Ruifeng'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 Ruifeng's price. Additionally, you may evaluate how the addition of Shandong Ruifeng to your portfolios can decrease your overall portfolio volatility.
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