Shaanxi Broadcast (China) Price on September 6, 2023
| 600831 Stock | 3.04 0.05 1.67% |
Below is the normalized historical share price chart for Shaanxi Broadcast TV extending back to February 24, 1994. 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 Shaanxi Broadcast stands at 3.04, as last reported on the 17th of December 2024, with the highest price reaching 3.05 and the lowest price hitting 2.97 during the day.
If you're considering investing in Shaanxi Stock, it is important to understand the factors that can impact its price. Shaanxi Broadcast appears to be unstable, given 3 months investment horizon. Shaanxi Broadcast owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the firm had a 0.26% return per unit of risk over the last 3 months. By inspecting Shaanxi Broadcast's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please review Shaanxi Broadcast's Semi Deviation of 2.12, risk adjusted performance of 0.1782, and Coefficient Of Variation of 422.35 to confirm if our risk estimates are consistent with your expectations.
At present, Shaanxi Broadcast's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 761.9 M, whereas Total Stockholder Equity is forecasted to decline to about 1.9 B. . Shaanxi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of April 1992 | 200 Day MA 2.9595 | 50 Day MA 2.616 | Beta 0.487 |
Shaanxi |
Sharpe Ratio = 0.2579
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600831 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Shaanxi Broadcast is performing at about 20% 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 Shaanxi Broadcast by adding it to a well-diversified portfolio.
Price Book 0.8408 | Enterprise Value Ebitda 51.1951 | Price Sales 1.2828 | Shares Float 466.3 M | Wall Street Target Price 20.45 |
Shaanxi Broadcast Valuation on September 6, 2023
It is possible to determine the worth of Shaanxi Broadcast on a given historical date. On September 6, 2023 Shaanxi was worth 5.75 at the beginning of the trading date compared to the closed value of 5.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shaanxi Broadcast stock. Still, in general, we apply an absolute valuation method to find Shaanxi Broadcast'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 Shaanxi Broadcast where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shaanxi Broadcast's related companies.
| Open | High | Low | Close | Volume | |
| 5.84 | 5.88 | 5.76 | 5.77 | 7,810,706 | |
09/06/2023 | 5.75 | 5.80 | 5.67 | 5.76 | 8,407,625 |
| 5.73 | 5.78 | 5.63 | 5.64 | 7,981,411 |
| Backtest Shaanxi Broadcast | | | Shaanxi Broadcast History | | | Shaanxi Broadcast Valuation | Previous | Next |
Shaanxi Broadcast Trading Date Momentum on September 6, 2023
| On September 07 2023 Shaanxi Broadcast TV was traded for 5.64 at the closing time. The highest price during the trading period was 5.78 and the lowest recorded bid was listed for 5.63 . The volume for the day was 8 M. This history from September 7, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.08% . The trading price change to the current price is 3.30% . |
Shaanxi Broadcast Fundamentals Correlations and Trends
By evaluating Shaanxi Broadcast'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 Shaanxi Broadcast's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shaanxi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shaanxi Broadcast Stock history
Shaanxi Broadcast 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 Shaanxi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shaanxi Broadcast 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 Shaanxi Broadcast stock prices may prove useful in developing a viable investing in Shaanxi Broadcast
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 710.5 M | 748.1 M | |
| Net Income Applicable To Common Shares | 38.7 M | 76.3 M |
Shaanxi Broadcast Stock Technical Analysis
Shaanxi Broadcast 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
Shaanxi Broadcast Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Shaanxi Broadcast TV 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.
Shaanxi Broadcast December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Shaanxi Broadcast stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shaanxi Broadcast shares will generate the highest return on investment. By undertsting and applying Shaanxi Broadcast stock market strength indicators, traders can identify Shaanxi Broadcast TV entry and exit signals to maximize returns
Shaanxi Broadcast Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shaanxi Broadcast's price direction in advance. Along with the technical and fundamental analysis of Shaanxi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shaanxi 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 | 0.1782 | |||
| Jensen Alpha | 0.622 | |||
| Total Risk Alpha | 0.34 | |||
| Sortino Ratio | 0.2006 | |||
| Treynor Ratio | (7.29) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shaanxi Stock analysis
When running Shaanxi Broadcast's price analysis, check to measure Shaanxi Broadcast'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 Shaanxi Broadcast is operating at the current time. Most of Shaanxi Broadcast's value examination focuses on studying past and present price action to predict the probability of Shaanxi Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shaanxi Broadcast's price. Additionally, you may evaluate how the addition of Shaanxi Broadcast to your portfolios can decrease your overall portfolio volatility.
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