Shandong Publishing (China) Price on September 15, 2023
| 601019 Stock | 11.35 0.23 1.99% |
Below is the normalized historical share price chart for Shandong Publishing Media extending back to November 22, 2017. 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 Shandong Publishing stands at 11.35, as last reported on the 20th of December, with the highest price reaching 11.62 and the lowest price hitting 11.29 during the day.
If you're considering investing in Shandong Stock, it is important to understand the factors that can impact its price. At this point, Shandong Publishing is somewhat reliable. Shandong Publishing Media owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0139, which indicates the firm had a 0.0139% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Shandong Publishing Media, which you can use to evaluate the volatility of the company. Please validate Shandong Publishing's Coefficient Of Variation of (2,161), variance of 6.79, and Risk Adjusted Performance of (0.03) to confirm if the risk estimate we provide is consistent with the expected return of 0.0375%.
The current year's Other Stockholder Equity is expected to grow to about 28.2 M, whereas Total Stockholder Equity is forecasted to decline to about 9.1 B. . Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 11.4846 | 50 Day MA 11.1084 | Beta 0.384 |
Shandong |
Sharpe Ratio = 0.0139
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 601019 |
Estimated Market Risk
| 2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Shandong Publishing is performing at about 1% 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 Publishing by adding it to a well-diversified portfolio.
Price Book 1.6528 | Enterprise Value Ebitda 7.5613 | Price Sales 1.9864 | Shares Float 402.4 M | Wall Street Target Price 13.9 |
Shandong Publishing Valuation on September 15, 2023
It is possible to determine the worth of Shandong Publishing on a given historical date. On September 15, 2023 Shandong was worth 8.76 at the beginning of the trading date compared to the closed value of 8.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shandong Publishing stock. Still, in general, we apply an absolute valuation method to find Shandong Publishing'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 Publishing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shandong Publishing's related companies.
| Open | High | Low | Close | Volume | |
| 8.65 | 8.85 | 8.63 | 8.81 | 6,650,845 | |
09/15/2023 | 8.76 | 9.23 | 8.76 | 8.80 | 12,676,254 |
| 8.80 | 9.02 | 8.65 | 8.97 | 10,411,666 |
| Backtest Shandong Publishing | | | Shandong Publishing History | | | Shandong Publishing Valuation | Previous | Next |
Shandong Publishing Trading Date Momentum on September 15, 2023
| On September 18 2023 Shandong Publishing Media was traded for 8.97 at the closing time. The highest price during the trading period was 9.02 and the lowest recorded bid was listed for 8.65 . The volume for the day was 10.4 M. This history from September 18, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.93% . The trading price change to the current price is 4.09% . |
Shandong Publishing Media Fundamentals Correlations and Trends
By evaluating Shandong Publishing'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 Publishing'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 Publishing Stock history
Shandong Publishing 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 Publishing Media 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 Publishing stock prices may prove useful in developing a viable investing in Shandong Publishing
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.9 B | 1.7 B | |
| Net Income Applicable To Common Shares | 1.9 B | 1.5 B |
Shandong Publishing Quarterly Net Working Capital |
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Shandong Publishing Stock Technical Analysis
Shandong Publishing 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 Publishing Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Shandong Publishing Media 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 Publishing December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Shandong Publishing 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 Publishing shares will generate the highest return on investment. By undertsting and applying Shandong Publishing stock market strength indicators, traders can identify Shandong Publishing Media entry and exit signals to maximize returns
Shandong Publishing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shandong Publishing'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 | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.9698 |
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Complementary Tools for Shandong Stock analysis
When running Shandong Publishing's price analysis, check to measure Shandong Publishing'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 Publishing is operating at the current time. Most of Shandong Publishing's value examination focuses on studying past and present price action to predict the probability of Shandong Publishing'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 Publishing's price. Additionally, you may evaluate how the addition of Shandong Publishing to your portfolios can decrease your overall portfolio volatility.
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