Shanghai Shibei (China) Price on October 25, 2024
| 600604 Stock | 4.42 0.05 1.14% |
Below is the normalized historical share price chart for Shanghai Shibei Hi Tech extending back to April 10, 1992. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Shanghai Shibei stands at 4.42, as last reported on the 7th of January, with the highest price reaching 4.44 and the lowest price hitting 4.31 during the day.
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. At this point, Shanghai Shibei is relatively risky. Shanghai Shibei Hi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0311, which indicates the firm had a 0.0311% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shanghai Shibei Hi Tech, which you can use to evaluate the volatility of the company. Please validate Shanghai Shibei's Semi Deviation of 4.1, risk adjusted performance of 0.0364, and Coefficient Of Variation of 2855.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
At present, Shanghai Shibei's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 2.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.5 B. . Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of March 1992 | 200 Day MA 4.1435 | 50 Day MA 5.121 | Beta 0.732 |
Shanghai |
Sharpe Ratio = 0.0311
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | 600604 | Huge Risk |
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Estimated Market Risk
| 3.94 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Shanghai Shibei is performing at about 2% 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 Shibei by adding it to a well-diversified portfolio.
Price Book 1.3004 | Book Value 3.36 | Enterprise Value 14.9 B | Enterprise Value Ebitda 194.2496 | Price Sales 6.8925 |
Shanghai Shibei Valuation on October 25, 2024
It is possible to determine the worth of Shanghai Shibei on a given historical date. On October 25, 2024 Shanghai was worth 4.4 at the beginning of the trading date compared to the closed value of 4.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Shibei stock. Still, in general, we apply an absolute valuation method to find Shanghai Shibei'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 Shibei where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Shibei's related companies.
| Open | High | Low | Close | Volume | |
| 4.19 | 4.29 | 4.19 | 4.27 | 12,304,830 | |
10/25/2024 | 4.40 | 4.70 | 4.38 | 4.70 | 37,148,725 |
| 5.05 | 5.17 | 4.95 | 5.17 | 60,603,315 |
| Backtest Shanghai Shibei | | | Shanghai Shibei History | | | Shanghai Shibei Valuation | Previous | Next |
Shanghai Shibei Trading Date Momentum on October 25, 2024
| On October 28 2024 Shanghai Shibei Hi Tech was traded for 5.17 at the closing time. The highest price during the trading period was 5.17 and the lowest recorded bid was listed for 4.95 . The volume for the day was 60.6 M. This history from October 28, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 10.00% . The trading price change to the current price is 10.21% . |
Shanghai Shibei Hi Fundamentals Correlations and Trends
By evaluating Shanghai Shibei'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 Shibei'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 Shibei Stock history
Shanghai Shibei 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 Shibei Hi 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 Shibei stock prices may prove useful in developing a viable investing in Shanghai Shibei
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.7 B | 1.5 B | |
| Net Income Applicable To Common Shares | 132.3 M | 102.1 M |
Shanghai Shibei Quarterly Net Working Capital |
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Shanghai Shibei Stock Technical Analysis
Shanghai Shibei 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 Shibei Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Shanghai Shibei Hi Tech 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.
Shanghai Shibei January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Shanghai Shibei 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 Shibei shares will generate the highest return on investment. By undertsting and applying Shanghai Shibei stock market strength indicators, traders can identify Shanghai Shibei Hi Tech entry and exit signals to maximize returns
Shanghai Shibei Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Shibei'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 | 0.0364 | |||
| Jensen Alpha | 0.1569 | |||
| Total Risk Alpha | 0.0442 | |||
| Sortino Ratio | 0.028 | |||
| Treynor Ratio | (0.15) |
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| 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 Shibei's price analysis, check to measure Shanghai Shibei'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 Shibei is operating at the current time. Most of Shanghai Shibei's value examination focuses on studying past and present price action to predict the probability of Shanghai Shibei'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 Shibei's price. Additionally, you may evaluate how the addition of Shanghai Shibei to your portfolios can decrease your overall portfolio volatility.
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