Shanghai Putailai (China) Price on November 14, 2023
603659 Stock | 14.77 0.52 3.40% |
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shanghai Putailai stands at 14.77, as last reported on the 4th of January, with the highest price reaching 15.40 and the lowest price hitting 14.72 during the day. Shanghai Putailai New owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.023, which indicates the firm had a -0.023% return per unit of risk over the last 3 months. Shanghai Putailai New exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shanghai Putailai's Risk Adjusted Performance of (0.01), variance of 15.9, and Coefficient Of Variation of (4,341) to confirm the risk estimate we provide.
Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shanghai |
Sharpe Ratio = -0.023
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Negative Returns | 603659 |
Estimated Market Risk
3.99 actual daily | 35 65% of assets are more volatile |
Expected Return
-0.09 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 Shanghai Putailai 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 Shanghai Putailai by adding Shanghai Putailai to a well-diversified portfolio.
Shanghai Putailai Valuation on November 14, 2023
It is possible to determine the worth of Shanghai Putailai on a given historical date. On November 14, 2023 Shanghai was worth 24.64 at the beginning of the trading date compared to the closed value of 24.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Putailai stock. Still, in general, we apply an absolute valuation method to find Shanghai Putailai'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 Shanghai Putailai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Putailai's related companies.
Open | High | Low | Close | Volume | |
25.14 | 25.32 | 24.57 | 24.69 | 10,406,921 | |
11/14/2023 | 24.64 | 24.88 | 24.26 | 24.40 | 9,416,309 |
24.80 | 25.18 | 24.64 | 24.72 | 14,280,459 |
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Shanghai Putailai Trading Date Momentum on November 14, 2023
On November 15 2023 Shanghai Putailai New was traded for 24.72 at the closing time. The highest price during the trading period was 25.18 and the lowest recorded bid was listed for 24.64 . The volume for the day was 14.3 M. This history from November 15, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.31% . The trading price change to the current price is 3.28% . |
Shanghai Putailai New Fundamentals Correlations and Trends
By evaluating Shanghai Putailai'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 Shanghai Putailai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shanghai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shanghai Putailai Stock history
Shanghai Putailai 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 Shanghai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanghai Putailai New 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 Shanghai Putailai stock prices may prove useful in developing a viable investing in Shanghai Putailai
Shanghai Putailai Stock Technical Analysis
Shanghai Putailai 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
Shanghai Putailai Period Price Range
Low | January 4, 2025
| High |
0.00 | 0.00 |
Shanghai Putailai New 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.
Shanghai Putailai January 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Shanghai Putailai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanghai Putailai shares will generate the highest return on investment. By undertsting and applying Shanghai Putailai stock market strength indicators, traders can identify Shanghai Putailai New entry and exit signals to maximize returns
Shanghai Putailai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Putailai's price direction in advance. Along with the technical and fundamental analysis of Shanghai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shanghai 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 | (0.01) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | (1.06) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Shanghai Stock analysis
When running Shanghai Putailai's price analysis, check to measure Shanghai Putailai'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 Shanghai Putailai is operating at the current time. Most of Shanghai Putailai's value examination focuses on studying past and present price action to predict the probability of Shanghai Putailai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai Putailai's price. Additionally, you may evaluate how the addition of Shanghai Putailai to your portfolios can decrease your overall portfolio volatility.
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