SI TECH (China) Price on March 27, 2024
| 300608 Stock | 12.63 0.18 1.45% |
If you're considering investing in 300608 Stock, it is important to understand the factors that can impact its price. As of today, the current price of SI TECH stands at 12.63, as last reported on the 18th of December 2024, with the highest price reaching 12.87 and the lowest price hitting 12.12 during the day. SI TECH appears to be slightly risky, given 3 months investment horizon. SI TECH Information retains Efficiency (Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of price deviation over the last 3 months. By examining SI TECH's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please review SI TECH's Downside Deviation of 5.81, risk adjusted performance of 0.0968, and Mean Deviation of 3.84 to confirm if our risk estimates are consistent with your expectations.
300608 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
300608 |
Sharpe Ratio = 0.111
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Estimated Market Risk
| 5.82 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average SI TECH is performing at about 8% 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 SI TECH by adding it to a well-diversified portfolio.
SI TECH Valuation on March 27, 2024
It is possible to determine the worth of SI TECH on a given historical date. On March 27, 2024 300608 was worth 13.74 at the beginning of the trading date compared to the closed value of 12.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SI TECH stock. Still, in general, we apply an absolute valuation method to find SI TECH'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 SI TECH where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SI TECH's related companies.
| Open | High | Low | Close | Volume | |
| 14.39 | 14.81 | 13.48 | 13.86 | 31,299,869 | |
03/27/2024 | 13.74 | 13.76 | 12.32 | 12.32 | 22,424,061 |
| 12.31 | 13.22 | 12.27 | 12.85 | 17,317,230 |
| Backtest SI TECH | | | SI TECH History | | | SI TECH Valuation | Previous | Next |
SI TECH Trading Date Momentum on March 27, 2024
| On March 28 2024 SI TECH Information Technology was traded for 12.85 at the closing time. The highest price during the trading period was 13.22 and the lowest recorded bid was listed for 12.27 . The volume for the day was 17.3 M. This history from March 28, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.30% . The trading price change to the current price is 5.11% . |
SI TECH Information Fundamentals Correlations and Trends
By evaluating SI TECH'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 SI TECH's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 300608 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SI TECH Stock history
SI TECH 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 300608 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SI TECH Information 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 SI TECH stock prices may prove useful in developing a viable investing in SI TECH
SI TECH Stock Technical Analysis
SI TECH 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
SI TECH Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
SI TECH Information Technology 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.
SI TECH December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how SI TECH stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SI TECH shares will generate the highest return on investment. By undertsting and applying SI TECH stock market strength indicators, traders can identify SI TECH Information Technology entry and exit signals to maximize returns
SI TECH Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SI TECH's price direction in advance. Along with the technical and fundamental analysis of 300608 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 300608 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 | 0.0968 | |||
| Jensen Alpha | 0.6383 | |||
| Total Risk Alpha | 0.4958 | |||
| Sortino Ratio | 0.1061 | |||
| Treynor Ratio | (4.81) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for 300608 Stock analysis
When running SI TECH's price analysis, check to measure SI TECH'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 SI TECH is operating at the current time. Most of SI TECH's value examination focuses on studying past and present price action to predict the probability of SI TECH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SI TECH's price. Additionally, you may evaluate how the addition of SI TECH to your portfolios can decrease your overall portfolio volatility.
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