SI TECH (China) Price on November 13, 2023

300608 Stock   9.91  0.76  7.12%   
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 9.91, as last reported on the 6th of January, with the highest price reaching 10.83 and the lowest price hitting 9.89 during the day. SI TECH Information retains Efficiency (Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of price deviation over the last 3 months. SI TECH exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SI TECH's Risk Adjusted Performance of (0.10), standard deviation of 4.55, and Mean Deviation of 3.4 to confirm the risk estimate we provide.
  
300608 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1369

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Estimated Market Risk

 4.55
  actual daily
40
60% of assets are more volatile

Expected Return

 -0.62
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average SI TECH 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 SI TECH by adding SI TECH to a well-diversified portfolio.

SI TECH Valuation on November 13, 2023

It is possible to determine the worth of SI TECH on a given historical date. On November 13, 2023 300608 was worth 14.29 at the beginning of the trading date compared to the closed value of 14.84. 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
  15.23    16.16    14.02    14.12    85,211,602  
11/13/2023
  14.29    15.12    13.84    14.84    68,939,359  
  14.69    17.80    14.58    17.80    50,848,887  
Backtest SI TECH  |  SI TECH History  |  SI TECH Valuation   PreviousNext  
Open Value
14.29
14.84
Closing Value
27.94
Upside

SI TECH Trading Date Momentum on November 13, 2023

On November 14 2023 SI TECH Information Technology was traded for  17.80  at the closing time. The highest price during the trading period was 17.80  and the lowest recorded bid was listed for  14.58 . The volume for the day was 50.8 M. This history from November 14, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 19.95% . The trading price change to the current price is 2.70% .

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

SI TECH Period Price Range

Low
January 6, 2025
0.00  NaN%
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 January 6, 2025 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.

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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