Shandong Gold (China) Price on November 6, 2024
| 600547 Stock | 25.97 0.01 0.04% |
If you're considering investing in Shandong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shandong Gold stands at 25.97, as last reported on the 28th of March, with the highest price reaching 26.18 and the lowest price hitting 25.57 during the day. Shandong Gold appears to be very steady, given 3 months investment horizon. Shandong Gold Mining owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shandong Gold Mining, which you can use to evaluate the volatility of the company. Please review Shandong Gold's Risk Adjusted Performance of 0.1062, coefficient of variation of 829.21, and Semi Deviation of 1.23 to confirm if our risk estimates are consistent with your expectations.
Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shandong |
Sharpe Ratio = 0.1206
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| Small Returns | 600547 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Shandong Gold is performing at about 9% 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 Gold by adding it to a well-diversified portfolio.
Shandong Gold Valuation on November 6, 2024
It is possible to determine the worth of Shandong Gold on a given historical date. On November 6, 2024 Shandong was worth 26.52 at the beginning of the trading date compared to the closed value of 26.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shandong Gold stock. Still, in general, we apply an absolute valuation method to find Shandong Gold'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 Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shandong Gold's related companies.
| Open | High | Low | Close | Volume | |
| 26.37 | 26.63 | 26.20 | 26.63 | 38,589,646 | |
11/06/2024 | 26.52 | 27.05 | 26.32 | 26.49 | 47,257,139 |
| 25.70 | 25.76 | 25.07 | 25.75 | 62,230,343 |
| Backtest Shandong Gold | | | Shandong Gold History | | | Shandong Gold Valuation | Previous | Next |
Shandong Gold Trading Date Momentum on November 6, 2024
| On November 07 2024 Shandong Gold Mining was traded for 25.75 at the closing time. The highest price during the trading period was 25.76 and the lowest recorded bid was listed for 25.07 . The volume for the day was 62.2 M. This history from November 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.79% . The trading price change to the current price is 5.62% . |
Shandong Gold Mining Fundamentals Correlations and Trends
By evaluating Shandong Gold'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 Gold'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 Gold Stock history
Shandong Gold 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 Gold Mining 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 Gold stock prices may prove useful in developing a viable investing in Shandong Gold
Shandong Gold Stock Technical Analysis
Shandong Gold 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 Gold Period Price Range
Low | March 28, 2025
| High |
0.00 | 0.00 |
Shandong Gold Mining cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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 Gold March 28, 2025 Market Strength
Market strength indicators help investors to evaluate how Shandong Gold 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 Gold shares will generate the highest return on investment. By undertsting and applying Shandong Gold stock market strength indicators, traders can identify Shandong Gold Mining entry and exit signals to maximize returns
Shandong Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shandong Gold'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 | 0.1062 | |||
| Jensen Alpha | 0.2257 | |||
| Total Risk Alpha | 0.2838 | |||
| Sortino Ratio | 0.1703 | |||
| Treynor Ratio | 3.0 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shandong Stock analysis
When running Shandong Gold's price analysis, check to measure Shandong Gold'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 Gold is operating at the current time. Most of Shandong Gold's value examination focuses on studying past and present price action to predict the probability of Shandong Gold'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 Gold's price. Additionally, you may evaluate how the addition of Shandong Gold to your portfolios can decrease your overall portfolio volatility.
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