Sanxiang Advanced (China) Price on September 9, 2024
| 603663 Stock | 16.55 0.05 0.30% |
Below is the normalized historical share price chart for Sanxiang Advanced Materials extending back to August 01, 2016. 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 Sanxiang Advanced stands at 16.55, as last reported on the 29th of December, with the highest price reaching 16.72 and the lowest price hitting 16.36 during the day.
If you're considering investing in Sanxiang Stock, it is important to understand the factors that can impact its price. At this point, Sanxiang Advanced is somewhat reliable. Sanxiang Advanced owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.021, which indicates the firm had a 0.021% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sanxiang Advanced Materials, which you can use to evaluate the volatility of the company. Please validate Sanxiang Advanced's Risk Adjusted Performance of 0.0938, coefficient of variation of 928.33, and Semi Deviation of 3.31 to confirm if the risk estimate we provide is consistent with the expected return of 0.0783%.
At present, Sanxiang Advanced's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 2.2 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 370.6 M. . Sanxiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 15.5015 | 50 Day MA 17.4616 | Beta 0.641 |
Sanxiang |
Sharpe Ratio = 0.021
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| Cash | Small Risk | Average Risk | 603663 | Huge Risk |
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Estimated Market Risk
| 3.72 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Sanxiang Advanced is performing at about 1% 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 Sanxiang Advanced by adding it to a well-diversified portfolio.
Price Book 5.3612 | Enterprise Value Ebitda 82.8227 | Price Sales 6.4424 | Shares Float 172.2 M | Wall Street Target Price 12.14 |
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Sanxiang Advanced Valuation on September 9, 2024
It is possible to determine the worth of Sanxiang Advanced on a given historical date. On September 9, 2024 Sanxiang was worth 14.4 at the beginning of the trading date compared to the closed value of 14.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sanxiang Advanced stock. Still, in general, we apply an absolute valuation method to find Sanxiang Advanced'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 Sanxiang Advanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sanxiang Advanced's related companies.
| Open | High | Low | Close | Volume | |
| 15.00 | 15.25 | 14.40 | 14.45 | 22,614,523 | |
09/09/2024 | 14.40 | 14.70 | 14.06 | 14.28 | 13,387,591 |
| 14.48 | 14.48 | 13.92 | 14.20 | 13,444,009 |
| Backtest Sanxiang Advanced | | | Sanxiang Advanced History | | | Sanxiang Advanced Valuation | Previous | Next |
Sanxiang Advanced Trading Date Momentum on September 9, 2024
| On September 10 2024 Sanxiang Advanced Materials was traded for 14.20 at the closing time. The highest price during the trading period was 14.48 and the lowest recorded bid was listed for 13.92 . The volume for the day was 13.4 M. This history from September 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.56% . The trading price change to the current price is 5.46% . |
Sanxiang Advanced Fundamentals Correlations and Trends
By evaluating Sanxiang Advanced'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 Sanxiang Advanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sanxiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sanxiang Advanced Stock history
Sanxiang Advanced 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 Sanxiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sanxiang Advanced 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 Sanxiang Advanced stock prices may prove useful in developing a viable investing in Sanxiang Advanced
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 423.9 M | 370.6 M | |
| Net Income Applicable To Common Shares | 173.5 M | 89 M |
Sanxiang Advanced Quarterly Net Working Capital |
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Sanxiang Advanced Stock Technical Analysis
Sanxiang Advanced 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
Sanxiang Advanced Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Sanxiang Advanced Materials 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.
Sanxiang Advanced December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sanxiang Advanced stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sanxiang Advanced shares will generate the highest return on investment. By undertsting and applying Sanxiang Advanced stock market strength indicators, traders can identify Sanxiang Advanced Materials entry and exit signals to maximize returns
Sanxiang Advanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sanxiang Advanced's price direction in advance. Along with the technical and fundamental analysis of Sanxiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sanxiang 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 | 0.0938 | |||
| Jensen Alpha | 0.4066 | |||
| Total Risk Alpha | 0.2978 | |||
| Sortino Ratio | 0.1015 | |||
| Treynor Ratio | (5.98) |
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Complementary Tools for Sanxiang Stock analysis
When running Sanxiang Advanced's price analysis, check to measure Sanxiang Advanced'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 Sanxiang Advanced is operating at the current time. Most of Sanxiang Advanced's value examination focuses on studying past and present price action to predict the probability of Sanxiang Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanxiang Advanced's price. Additionally, you may evaluate how the addition of Sanxiang Advanced to your portfolios can decrease your overall portfolio volatility.
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