Shenzhen Transsion (China) Price on May 31, 2024

688036 Stock   91.60  0.49  0.53%   
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shenzhen Transsion stands at 91.60, as last reported on the 30th of March, with the highest price reaching 92.70 and the lowest price hitting 91.24 during the day. Shenzhen Transsion owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0182, which indicates the firm had a -0.0182 % return per unit of risk over the last 3 months. Shenzhen Transsion Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shenzhen Transsion's Variance of 5.76, risk adjusted performance of (0.01), and Coefficient Of Variation of (5,499) to confirm the risk estimate we provide.
  
Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0182

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Estimated Market Risk

 2.4
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.04
  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 Shenzhen Transsion 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 Shenzhen Transsion by adding Shenzhen Transsion to a well-diversified portfolio.

Shenzhen Transsion Valuation on May 31, 2024

It is possible to determine the worth of Shenzhen Transsion on a given historical date. On May 31, 2024 Shenzhen was worth 132.27 at the beginning of the trading date compared to the closed value of 131.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen Transsion stock. Still, in general, we apply an absolute valuation method to find Shenzhen Transsion'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 Shenzhen Transsion where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen Transsion's related companies.
 Open High Low Close Volume
  133.54    135.41    131.72    132.80    3,021,827  
05/31/2024
  132.27    133.97    130.11    131.00    3,410,133  
  90.43    90.90    87.98    89.70    8,598,114  
Backtest Shenzhen Transsion  |  Shenzhen Transsion History  |  Shenzhen Transsion Valuation   PreviousNext  
Open Value
132.27
125.07
Downside
131.0
Closing Value
139.47
Upside

Shenzhen Transsion Trading Date Momentum on May 31, 2024

On June 03 2024 Shenzhen Transsion Holdings was traded for  89.70  at the closing time. The highest price during the trading period was 90.90  and the lowest recorded bid was listed for  87.98 . The volume for the day was 8.6 M. This history from June 3, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 31.53% . The trading price change to the current price is 34.27% .

Shenzhen Transsion Fundamentals Correlations and Trends

By evaluating Shenzhen Transsion'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 Shenzhen Transsion's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shenzhen financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shenzhen Transsion Stock history

Shenzhen Transsion 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 Shenzhen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenzhen Transsion 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 Shenzhen Transsion stock prices may prove useful in developing a viable investing in Shenzhen Transsion

Shenzhen Transsion Stock Technical Analysis

Shenzhen Transsion 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.
A focus of Shenzhen Transsion technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shenzhen Transsion trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shenzhen Transsion Period Price Range

Low
March 30, 2025
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High

 0.00 

     

 0.00 

Shenzhen Transsion Holdings 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.

Shenzhen Transsion March 30, 2025 Market Strength

Market strength indicators help investors to evaluate how Shenzhen Transsion stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenzhen Transsion shares will generate the highest return on investment. By undertsting and applying Shenzhen Transsion stock market strength indicators, traders can identify Shenzhen Transsion Holdings entry and exit signals to maximize returns

Shenzhen Transsion Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shenzhen Transsion's price direction in advance. Along with the technical and fundamental analysis of Shenzhen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shenzhen 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.

Complementary Tools for Shenzhen Stock analysis

When running Shenzhen Transsion's price analysis, check to measure Shenzhen Transsion'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 Shenzhen Transsion is operating at the current time. Most of Shenzhen Transsion's value examination focuses on studying past and present price action to predict the probability of Shenzhen Transsion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenzhen Transsion's price. Additionally, you may evaluate how the addition of Shenzhen Transsion to your portfolios can decrease your overall portfolio volatility.
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