Shandong Sinoglory (China) Price on September 1, 2023

603182 Stock   10.92  0.18  1.62%   
If you're considering investing in Shandong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shandong Sinoglory stands at 10.92, as last reported on the 11th of January 2025, with the highest price reaching 11.19 and the lowest price hitting 10.90 during the day. Shandong Sinoglory Health owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0154, which indicates the firm had a -0.0154% return per unit of risk over the last 3 months. Shandong Sinoglory Health exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shandong Sinoglory's Coefficient Of Variation of (6,512), variance of 4.36, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
  
Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0154

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Estimated Market Risk

 2.09
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.03
  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 Shandong Sinoglory 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 Shandong Sinoglory by adding Shandong Sinoglory to a well-diversified portfolio.

Shandong Sinoglory Valuation on September 1, 2023

It is possible to determine the worth of Shandong Sinoglory on a given historical date. On September 1, 2023 Shandong was worth 14.47 at the beginning of the trading date compared to the closed value of 14.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shandong Sinoglory stock. Still, in general, we apply an absolute valuation method to find Shandong Sinoglory'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 Sinoglory where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shandong Sinoglory's related companies.
 Open High Low Close Volume
  14.51    14.59    14.35    14.54    1,446,566  
09/01/2023
  14.47    14.76    14.47    14.61    1,246,400  
  14.63    14.70    14.55    14.63    1,357,859  
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Open Value
14.47
14.61
Closing Value
20.73
Upside

Shandong Sinoglory Trading Date Momentum on September 1, 2023

On September 04 2023 Shandong Sinoglory Health was traded for  14.63  at the closing time. The highest price during the trading period was 14.70  and the lowest recorded bid was listed for  14.55 . The volume for the day was 1.4 M. This history from September 4, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.14% . The trading price change to the current price is 3.56% .

Shandong Sinoglory Health Fundamentals Correlations and Trends

By evaluating Shandong Sinoglory'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 Sinoglory'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 Sinoglory Stock history

Shandong Sinoglory 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 Sinoglory Health 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 Sinoglory stock prices may prove useful in developing a viable investing in Shandong Sinoglory

Shandong Sinoglory Stock Technical Analysis

Shandong Sinoglory 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 Shandong Sinoglory technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shandong Sinoglory 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

Shandong Sinoglory Period Price Range

Low
January 11, 2025
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High

 0.00 

     

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Shandong Sinoglory Health 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 Sinoglory January 11, 2025 Market Strength

Market strength indicators help investors to evaluate how Shandong Sinoglory 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 Sinoglory shares will generate the highest return on investment. By undertsting and applying Shandong Sinoglory stock market strength indicators, traders can identify Shandong Sinoglory Health entry and exit signals to maximize returns

Shandong Sinoglory Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shandong Sinoglory'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.

Complementary Tools for Shandong Stock analysis

When running Shandong Sinoglory's price analysis, check to measure Shandong Sinoglory'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 Sinoglory is operating at the current time. Most of Shandong Sinoglory's value examination focuses on studying past and present price action to predict the probability of Shandong Sinoglory'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 Sinoglory's price. Additionally, you may evaluate how the addition of Shandong Sinoglory to your portfolios can decrease your overall portfolio volatility.
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