Shandong Sinoglory (China) Price on September 24, 2024
| 603182 Stock | 11.59 0.34 2.85% |
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 11.59, as last reported on the 26th of December, with the highest price reaching 11.92 and the lowest price hitting 11.43 during the day. At this point, Shandong Sinoglory is somewhat reliable. Shandong Sinoglory Health owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0254, which indicates the firm had a 0.0254% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shandong Sinoglory Health, which you can use to evaluate the volatility of the company. Please validate Shandong Sinoglory's Risk Adjusted Performance of 0.0808, coefficient of variation of 1082.97, and Semi Deviation of 2.8 to confirm if the risk estimate we provide is consistent with the expected return of 0.0678%.
As of December 26, 2024, Total Stockholder Equity is expected to decline to about 784.2 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 158.4 M. Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shandong |
Sharpe Ratio = 0.0254
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | 603182 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Shandong Sinoglory is performing at about 2% 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 Sinoglory by adding it to a well-diversified portfolio.
Price Book 1.8842 | Enterprise Value Ebitda 12.7827 | Price Sales 1.2347 | Shares Float 93.1 M | Dividend Share 0.4 |
Shandong Sinoglory Valuation on September 24, 2024
It is possible to determine the worth of Shandong Sinoglory on a given historical date. On September 24, 2024 Shandong was worth 10.62 at the beginning of the trading date compared to the closed value of 10.7. 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 | |
| 10.51 | 10.58 | 10.39 | 10.57 | 642,553 | |
09/24/2024 | 10.62 | 10.76 | 10.54 | 10.70 | 956,000 |
| 10.75 | 10.92 | 10.68 | 10.69 | 1,333,400 |
| Backtest Shandong Sinoglory | | | Shandong Sinoglory History | | | Shandong Sinoglory Valuation | Previous | Next |
Shandong Sinoglory Trading Date Momentum on September 24, 2024
| On September 25 2024 Shandong Sinoglory Health was traded for 10.69 at the closing time. The highest price during the trading period was 10.92 and the lowest recorded bid was listed for 10.68 . The volume for the day was 1.3 M. This history from September 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.09% . The trading price change to the current price is 23.83% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 189.2 M | 158.4 M |
Shandong Sinoglory Quarterly Net Working Capital |
|
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.
Price Boundaries
Shandong Sinoglory Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
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 December 26, 2024 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.
| Risk Adjusted Performance | 0.0808 | |||
| Jensen Alpha | 0.2318 | |||
| Total Risk Alpha | 0.1177 | |||
| Sortino Ratio | 0.064 | |||
| Treynor Ratio | (13.28) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |