Shandong Huifa (China) Price on December 11, 2024
| 603536 Stock | 16.01 1.46 10.03% |
Below is the normalized historical share price chart for Shandong Huifa Foodstuff extending back to June 13, 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 Huifa stands at 16.01, as last reported on the 13th of December 2024, with the highest price reaching 16.01 and the lowest price hitting 15.00 during the day.
If you're considering investing in Shandong Stock, it is important to understand the factors that can impact its price. Shandong Huifa is somewhat reliable given 3 months investment horizon. Shandong Huifa Foodstuff owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.32, which indicates the firm had a 0.32% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.5% are justified by taking the suggested risk. Use Shandong Huifa Foodstuff Risk Adjusted Performance of 0.22, coefficient of variation of 343.24, and Semi Deviation of 2.79 to evaluate company specific risk that cannot be diversified away.
The current year's Total Stockholder Equity is expected to grow to about 539.2 M, whereas Common Stock is forecasted to decline to about 149.7 M. . Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 9.1716 | 50 Day MA 10.0472 | Beta 1.234 |
Shandong |
Sharpe Ratio = 0.3244
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 603536 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.62 actual daily | 41 59% of assets are more volatile |
Expected Return
| 1.5 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 25 75% of assets perform better |
Based on monthly moving average Shandong Huifa is performing at about 25% 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 Huifa by adding it to a well-diversified portfolio.
Price Book 8.9457 | Enterprise Value Ebitda 91.0643 | Price Sales 2.1589 | Shares Float 79.9 M | Wall Street Target Price 7.79 |
Shandong Huifa Valuation on December 11, 2024
It is possible to determine the worth of Shandong Huifa on a given historical date. On December 11, 2024 Shandong was worth 13.32 at the beginning of the trading date compared to the closed value of 14.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shandong Huifa stock. Still, in general, we apply an absolute valuation method to find Shandong Huifa'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 Huifa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shandong Huifa's related companies.
| Open | High | Low | Close | Volume | |
| 13.23 | 13.23 | 13.23 | 13.23 | 3,423,155 | |
12/11/2024 | 13.32 | 14.55 | 13.02 | 14.55 | 40,116,050 |
| 15.19 | 16.01 | 15.00 | 16.01 | 18,701,864 |
| Backtest Shandong Huifa | | | Shandong Huifa History | | | Shandong Huifa Valuation | Previous | Next |
Shandong Huifa Trading Date Momentum on December 11, 2024
| On December 12 2024 Shandong Huifa Foodstuff was traded for 16.01 at the closing time. The highest price during the trading period was 16.01 and the lowest recorded bid was listed for 15.00 . The volume for the day was 18.7 M. This history from December 12, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 10.03% . The trading price change to the current price is 4.40% . |
Shandong Huifa Foodstuff Fundamentals Correlations and Trends
By evaluating Shandong Huifa'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 Huifa'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 Huifa Stock history
Shandong Huifa 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 Huifa Foodstuff 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 Huifa stock prices may prove useful in developing a viable investing in Shandong Huifa
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 244.6 M | 210.6 M | |
| Net Loss | -107.9 M | -102.5 M |
Shandong Huifa Stock Technical Analysis
Shandong Huifa 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 Huifa Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Shandong Huifa Foodstuff 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 Huifa December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Shandong Huifa 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 Huifa shares will generate the highest return on investment. By undertsting and applying Shandong Huifa stock market strength indicators, traders can identify Shandong Huifa Foodstuff entry and exit signals to maximize returns
Shandong Huifa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shandong Huifa'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 | 0.22 | |||
| Jensen Alpha | 1.25 | |||
| Total Risk Alpha | 0.6733 | |||
| Sortino Ratio | 0.3457 | |||
| Treynor Ratio | 2.16 |
| Cycle Indicators | ||
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| 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 Huifa's price analysis, check to measure Shandong Huifa'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 Huifa is operating at the current time. Most of Shandong Huifa's value examination focuses on studying past and present price action to predict the probability of Shandong Huifa'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 Huifa's price. Additionally, you may evaluate how the addition of Shandong Huifa to your portfolios can decrease your overall portfolio volatility.
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