Shanghai (China) Price on December 6, 2024

688155 Stock   35.71  0.89  2.43%   
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 stands at 35.71, as last reported on the 6th of January, with the highest price reaching 37.19 and the lowest price hitting 35.68 during the day. Shanghai SK Automation owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Shanghai SK Automation exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shanghai's Risk Adjusted Performance of (0.08), variance of 12.41, and Coefficient Of Variation of (904.95) 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.

Sharpe Ratio = -0.1105

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Estimated Market Risk

 3.52
  actual daily
31
69% of assets are more volatile

Expected Return

 -0.39
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shanghai 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 by adding Shanghai to a well-diversified portfolio.

Shanghai Valuation on December 6, 2024

It is possible to determine the worth of Shanghai on a given historical date. On December 6, 2024 Shanghai was worth 42.65 at the beginning of the trading date compared to the closed value of 42.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai stock. Still, in general, we apply an absolute valuation method to find Shanghai'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai's related companies.
 Open High Low Close Volume
  41.25    42.33    41.05    42.03    1,622,218  
12/06/2024
  42.65    42.65    41.37    42.35    1,811,384  
  42.28    43.77    42.02    43.05    2,301,203  
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Open Value
42.65
42.35
Closing Value
53.22
Upside

Shanghai Trading Date Momentum on December 6, 2024

On December 09 2024 Shanghai SK Automation was traded for  43.05  at the closing time. The highest price during the trading period was 43.77  and the lowest recorded bid was listed for  42.02 . The volume for the day was 2.3 M. This history from December 9, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.65% . The trading price change to the current price is 2.64% .

Shanghai SK Automation Fundamentals Correlations and Trends

By evaluating Shanghai'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'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 Stock history

Shanghai 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 SK Automation 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 stock prices may prove useful in developing a viable investing in Shanghai

Shanghai Stock Technical Analysis

Shanghai 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 Shanghai technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shanghai 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

Shanghai Period Price Range

Low
January 6, 2025
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High

 0.00 

     

 0.00 

Shanghai SK Automation 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 January 6, 2025 Market Strength

Market strength indicators help investors to evaluate how Shanghai 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 shares will generate the highest return on investment. By undertsting and applying Shanghai stock market strength indicators, traders can identify Shanghai SK Automation entry and exit signals to maximize returns

Shanghai Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shanghai'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.

Complementary Tools for Shanghai Stock analysis

When running Shanghai's price analysis, check to measure Shanghai'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 is operating at the current time. Most of Shanghai's value examination focuses on studying past and present price action to predict the probability of Shanghai'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's price. Additionally, you may evaluate how the addition of Shanghai to your portfolios can decrease your overall portfolio volatility.
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