Shaanxi Construction (China) Price on September 6, 2024
| 600984 Stock | 3.50 0.09 2.64% |
Below is the normalized historical share price chart for Shaanxi Construction Machinery extending back to July 07, 2004. 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 Construction stands at 3.50, as last reported on the 30th of December, with the highest price reaching 3.58 and the lowest price hitting 3.37 during the day.
If you're considering investing in Shaanxi Stock, it is important to understand the factors that can impact its price. Shaanxi Construction appears to be risky, given 3 months investment horizon. Shaanxi Construction owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0804, which indicates the firm had a 0.0804% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shaanxi Construction Machinery, which you can use to evaluate the volatility of the company. Please review Shaanxi Construction's Risk Adjusted Performance of 0.1524, semi deviation of 3.24, and Coefficient Of Variation of 552.9 to confirm if our risk estimates are consistent with your expectations.
At present, Shaanxi Construction'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 1.5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.1 B. . Shaanxi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of June 2004 | 200 Day MA 2.8992 | 50 Day MA 3.57 | Beta 0.581 |
Shaanxi |
Sharpe Ratio = 0.0804
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600984 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.33 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Shaanxi Construction is performing at about 6% 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 Construction by adding it to a well-diversified portfolio.
Price Book 0.9491 | Enterprise Value Ebitda 124.4149 | Price Sales 1.5194 | Shares Float 740.6 M | Wall Street Target Price 2.1 |
Shaanxi Construction Valuation on September 6, 2024
It is possible to determine the worth of Shaanxi Construction on a given historical date. On September 6, 2024 Shaanxi was worth 2.24 at the beginning of the trading date compared to the closed value of 2.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shaanxi Construction stock. Still, in general, we apply an absolute valuation method to find Shaanxi Construction'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 Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shaanxi Construction's related companies.
| Open | High | Low | Close | Volume | |
| 2.24 | 2.25 | 2.23 | 2.25 | 4,529,150 | |
09/06/2024 | 2.24 | 2.25 | 2.20 | 2.20 | 5,215,960 |
| 2.20 | 2.22 | 2.17 | 2.20 | 6,083,710 |
| Backtest Shaanxi Construction | | | Shaanxi Construction History | | | Shaanxi Construction Valuation | Previous | Next |
Shaanxi Construction Trading Date Momentum on September 6, 2024
| On September 09 2024 Shaanxi Construction Machinery was traded for 2.20 at the closing time. The highest price during the trading period was 2.22 and the lowest recorded bid was listed for 2.17 . The volume for the day was 6.1 M. This history from September 9, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.36% . |
Shaanxi Construction Fundamentals Correlations and Trends
By evaluating Shaanxi Construction'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 Construction'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 Construction Stock history
Shaanxi Construction 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 Construction 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 Construction stock prices may prove useful in developing a viable investing in Shaanxi Construction
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 B | 1.1 B | |
| Net Loss | -51.4 M | -48.8 M |
Shaanxi Construction Stock Technical Analysis
Shaanxi Construction 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 Construction Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Shaanxi Construction Machinery 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 Construction December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Shaanxi Construction 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 Construction shares will generate the highest return on investment. By undertsting and applying Shaanxi Construction stock market strength indicators, traders can identify Shaanxi Construction Machinery entry and exit signals to maximize returns
Shaanxi Construction Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shaanxi Construction'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 | 0.1524 | |||
| Jensen Alpha | 0.815 | |||
| Total Risk Alpha | 0.6679 | |||
| Sortino Ratio | 0.2015 | |||
| Treynor Ratio | (0.74) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shaanxi Stock analysis
When running Shaanxi Construction's price analysis, check to measure Shaanxi Construction'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 Construction is operating at the current time. Most of Shaanxi Construction's value examination focuses on studying past and present price action to predict the probability of Shaanxi Construction'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 Construction's price. Additionally, you may evaluate how the addition of Shaanxi Construction to your portfolios can decrease your overall portfolio volatility.
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