Shanghai Phichem (China) Price on November 8, 2023
| 300398 Stock | 14.87 0.11 0.73% |
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shanghai Phichem stands at 14.87, as last reported on the 9th of January, with the highest price reaching 15.03 and the lowest price hitting 14.32 during the day. At this point, Shanghai Phichem is somewhat reliable. Shanghai Phichem Material owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0444, which indicates the firm had a 0.0444% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shanghai Phichem Material, which you can use to evaluate the volatility of the company. Please validate Shanghai Phichem's Semi Deviation of 3.02, risk adjusted performance of 0.0434, and Coefficient Of Variation of 2253.35 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shanghai |
Sharpe Ratio = 0.0444
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300398 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.01 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Shanghai Phichem is performing at about 3% 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 Shanghai Phichem by adding it to a well-diversified portfolio.
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Shanghai Phichem Valuation on November 8, 2023
It is possible to determine the worth of Shanghai Phichem on a given historical date. On November 8, 2023 Shanghai was worth 18.54 at the beginning of the trading date compared to the closed value of 19.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Phichem stock. Still, in general, we apply an absolute valuation method to find Shanghai Phichem'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 Shanghai Phichem where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Phichem's related companies.
| Open | High | Low | Close | Volume | |
| 18.64 | 19.62 | 18.44 | 18.77 | 51,082,402 | |
11/08/2023 | 18.54 | 20.22 | 18.10 | 19.29 | 70,186,762 |
| 19.33 | 19.98 | 18.94 | 19.20 | 61,183,952 |
| Backtest Shanghai Phichem | | | Shanghai Phichem History | | | Shanghai Phichem Valuation | Previous | Next |
Shanghai Phichem Trading Date Momentum on November 8, 2023
| On November 09 2023 Shanghai Phichem Material was traded for 19.20 at the closing time. The highest price during the trading period was 19.98 and the lowest recorded bid was listed for 18.94 . The volume for the day was 61.2 M. This history from November 9, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.47% . The trading price change to the current price is 0.62% . |
Shanghai Phichem Material Fundamentals Correlations and Trends
By evaluating Shanghai Phichem'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 Shanghai Phichem's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shanghai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shanghai Phichem Stock history
Shanghai Phichem 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 Shanghai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanghai Phichem Material 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 Shanghai Phichem stock prices may prove useful in developing a viable investing in Shanghai Phichem
Shanghai Phichem Stock Technical Analysis
Shanghai Phichem 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
Shanghai Phichem Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Shanghai Phichem Material 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.
Shanghai Phichem January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Shanghai Phichem stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanghai Phichem shares will generate the highest return on investment. By undertsting and applying Shanghai Phichem stock market strength indicators, traders can identify Shanghai Phichem Material entry and exit signals to maximize returns
Shanghai Phichem Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Phichem's price direction in advance. Along with the technical and fundamental analysis of Shanghai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shanghai 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 | 0.0434 | |||
| Jensen Alpha | 0.1537 | |||
| Total Risk Alpha | 0.0799 | |||
| Sortino Ratio | 0.0462 | |||
| Treynor Ratio | 0.2059 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shanghai Stock analysis
When running Shanghai Phichem's price analysis, check to measure Shanghai Phichem'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 Shanghai Phichem is operating at the current time. Most of Shanghai Phichem's value examination focuses on studying past and present price action to predict the probability of Shanghai Phichem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai Phichem's price. Additionally, you may evaluate how the addition of Shanghai Phichem to your portfolios can decrease your overall portfolio volatility.
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