Sinotrans (China) Price on November 27, 2024

601598 Stock   5.25  0.10  1.87%   
If you're considering investing in Sinotrans Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sinotrans stands at 5.25, as last reported on the 2nd of January, with the highest price reaching 5.44 and the lowest price hitting 5.21 during the day. Sinotrans Class owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0197, which indicates the firm had a -0.0197% return per unit of risk over the last 3 months. Sinotrans Ltd Class exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sinotrans' Variance of 4.09, risk adjusted performance of (0.01), and Coefficient Of Variation of (5,067) to confirm the risk estimate we provide.
  
Sinotrans Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0197

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns601598

Estimated Market Risk

 2.02
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sinotrans is not performing at its full potential. However, 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 Sinotrans by adding Sinotrans to a well-diversified portfolio.

Sinotrans Valuation on November 27, 2024

It is possible to determine the worth of Sinotrans on a given historical date. On November 27, 2024 Sinotrans was worth 5.13 at the beginning of the trading date compared to the closed value of 5.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinotrans stock. Still, in general, we apply an absolute valuation method to find Sinotrans' 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 Sinotrans where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinotrans' related companies.
 Open High Low Close Volume
  5.12    5.19    5.10    5.14    24,486,416  
11/27/2024
  5.13    5.20    5.06    5.20    27,356,424  
  5.23    5.25    5.16    5.18    22,638,236  
Backtest Sinotrans  |  Sinotrans History  |  Sinotrans Valuation   PreviousNext  
Open Value
5.13
5.2
Closing Value
11.19
Upside

Sinotrans Trading Date Momentum on November 27, 2024

On November 28 2024 Sinotrans Ltd Class was traded for  5.18  at the closing time. The highest price during the trading period was 5.25  and the lowest recorded bid was listed for  5.16 . The volume for the day was 22.6 M. This history from November 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.38% . The trading price change to the current price is 1.73% .

Sinotrans Class Fundamentals Correlations and Trends

By evaluating Sinotrans' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sinotrans' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sinotrans financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sinotrans Stock history

Sinotrans 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 Sinotrans is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinotrans Class 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 Sinotrans stock prices may prove useful in developing a viable investing in Sinotrans

Sinotrans Stock Technical Analysis

Sinotrans 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.
A focus of Sinotrans technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sinotrans trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sinotrans Period Price Range

Low
January 2, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Sinotrans Ltd Class 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.

Sinotrans January 2, 2025 Market Strength

Market strength indicators help investors to evaluate how Sinotrans stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinotrans shares will generate the highest return on investment. By undertsting and applying Sinotrans stock market strength indicators, traders can identify Sinotrans Ltd Class entry and exit signals to maximize returns

Sinotrans Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sinotrans' price direction in advance. Along with the technical and fundamental analysis of Sinotrans Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sinotrans 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.

Complementary Tools for Sinotrans Stock analysis

When running Sinotrans' price analysis, check to measure Sinotrans' 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 Sinotrans is operating at the current time. Most of Sinotrans' value examination focuses on studying past and present price action to predict the probability of Sinotrans' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinotrans' price. Additionally, you may evaluate how the addition of Sinotrans to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets