Shenyang Blue (China) Price on August 31, 2023

300293 Stock   21.56  0.68  3.26%   
If you're considering investing in Shenyang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shenyang Blue stands at 21.56, as last reported on the 8th of January, with the highest price reaching 21.58 and the lowest price hitting 21.03 during the day. Shenyang Blue Silver owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0647, which indicates the firm had a -0.0647% return per unit of risk over the last 3 months. Shenyang Blue Silver exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shenyang Blue's Variance of 17.51, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,545) to confirm the risk estimate we provide.
  
Shenyang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0647

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Estimated Market Risk

 4.18
  actual daily
37
63% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shenyang Blue is not performing at its full potential. However, 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 Shenyang Blue by adding Shenyang Blue to a well-diversified portfolio.

Shenyang Blue Valuation on August 31, 2023

It is possible to determine the worth of Shenyang Blue on a given historical date. On August 31, 2023 Shenyang was worth 10.2 at the beginning of the trading date compared to the closed value of 11.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenyang Blue stock. Still, in general, we apply an absolute valuation method to find Shenyang Blue'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 Shenyang Blue where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenyang Blue's related companies.
 Open High Low Close Volume
  10.03    10.40    9.99    10.24    6,264,424  
08/31/2023
  10.20    11.40    10.18    11.02    23,210,699  
  10.79    11.02    10.70    10.75    14,543,800  
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Open Value
10.2
11.02
Closing Value
22.75
Upside

Shenyang Blue Trading Date Momentum on August 31, 2023

On September 01 2023 Shenyang Blue Silver was traded for  10.75  at the closing time. The highest price during the trading period was 11.02  and the lowest recorded bid was listed for  10.70 . The volume for the day was 14.5 M. This history from September 1, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.45% . The trading price change to the current price is 61.52% .

Shenyang Blue Silver Fundamentals Correlations and Trends

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

About Shenyang Blue Stock history

Shenyang Blue 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 Shenyang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenyang Blue Silver 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 Shenyang Blue stock prices may prove useful in developing a viable investing in Shenyang Blue

Shenyang Blue Stock Technical Analysis

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

Shenyang Blue Period Price Range

Low
January 8, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Shenyang Blue Silver 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.

Shenyang Blue January 8, 2025 Market Strength

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

Shenyang Blue Technical and Predictive Indicators

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

When running Shenyang Blue's price analysis, check to measure Shenyang Blue'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 Shenyang Blue is operating at the current time. Most of Shenyang Blue's value examination focuses on studying past and present price action to predict the probability of Shenyang Blue's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenyang Blue's price. Additionally, you may evaluate how the addition of Shenyang Blue to your portfolios can decrease your overall portfolio volatility.
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