Shuhua Sports (China) Price on November 7, 2024
| 605299 Stock | 8.56 0.02 0.23% |
If you're considering investing in Shuhua Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shuhua Sports stands at 8.56, as last reported on the 21st of December, with the highest price reaching 8.82 and the lowest price hitting 8.53 during the day. Shuhua Sports appears to be somewhat reliable, given 3 months investment horizon. Shuhua Sports owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shuhua Sports Co, which you can use to evaluate the volatility of the company. Please review Shuhua Sports' Risk Adjusted Performance of 0.1216, semi deviation of 2.52, and Coefficient Of Variation of 691.92 to confirm if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 1.3 B. The current year's Common Stock Shares Outstanding is expected to grow to about 441.7 M. Shuhua Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shuhua |
Sharpe Ratio = 0.1736
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 605299 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Shuhua Sports is performing at about 13% 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 Shuhua Sports by adding it to a well-diversified portfolio.
Price Book 2.8422 | Enterprise Value 3.3 B | Enterprise Value Ebitda 20.088 | Price Sales 2.6124 | Enterprise Value Revenue 2.3395 |
Shuhua Sports Valuation on November 7, 2024
It is possible to determine the worth of Shuhua Sports on a given historical date. On November 7, 2024 Shuhua was worth 7.68 at the beginning of the trading date compared to the closed value of 7.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shuhua Sports stock. Still, in general, we apply an absolute valuation method to find Shuhua Sports' 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 Shuhua Sports where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shuhua Sports' related companies.
| Open | High | Low | Close | Volume | |
| 7.72 | 7.78 | 7.61 | 7.70 | 4,617,300 | |
11/07/2024 | 7.68 | 7.98 | 7.64 | 7.94 | 4,454,717 |
| 8.02 | 8.02 | 7.79 | 7.89 | 4,671,300 |
| Backtest Shuhua Sports | | | Shuhua Sports History | | | Shuhua Sports Valuation | Previous | Next |
Shuhua Sports Trading Date Momentum on November 7, 2024
| On November 08 2024 Shuhua Sports Co was traded for 7.89 at the closing time. The highest price during the trading period was 8.02 and the lowest recorded bid was listed for 7.79 . The volume for the day was 4.7 M. This history from November 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.63% . The trading price change to the current price is 2.77% . |
Shuhua Sports Fundamentals Correlations and Trends
By evaluating Shuhua Sports' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shuhua Sports' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shuhua financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shuhua Sports Stock history
Shuhua Sports 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 Shuhua is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shuhua Sports 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 Shuhua Sports stock prices may prove useful in developing a viable investing in Shuhua Sports
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 411.7 M | 441.7 M |
Shuhua Sports Quarterly Net Working Capital |
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Shuhua Sports Stock Technical Analysis
Shuhua Sports 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
Shuhua Sports Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Shuhua Sports Co 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.
Shuhua Sports December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Shuhua Sports stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shuhua Sports shares will generate the highest return on investment. By undertsting and applying Shuhua Sports stock market strength indicators, traders can identify Shuhua Sports Co entry and exit signals to maximize returns
Shuhua Sports Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shuhua Sports' price direction in advance. Along with the technical and fundamental analysis of Shuhua Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shuhua 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 | 0.1216 | |||
| Jensen Alpha | 0.3791 | |||
| Total Risk Alpha | 0.3066 | |||
| Sortino Ratio | 0.1207 | |||
| Treynor Ratio | 2.33 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shuhua Stock analysis
When running Shuhua Sports' price analysis, check to measure Shuhua Sports' 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 Shuhua Sports is operating at the current time. Most of Shuhua Sports' value examination focuses on studying past and present price action to predict the probability of Shuhua Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shuhua Sports' price. Additionally, you may evaluate how the addition of Shuhua Sports to your portfolios can decrease your overall portfolio volatility.
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