Shanghai Junshi (China) Price on October 12, 2023

688180 Stock   26.70  0.12  0.45%   
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 Junshi stands at 26.70, as last reported on the 7th of January, with the highest price reaching 27.07 and the lowest price hitting 26.46 during the day. Shanghai Junshi Bios 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. Shanghai Junshi Biosciences exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shanghai Junshi's Risk Adjusted Performance of (0.13), coefficient of variation of (574.60), and Variance of 5.19 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 = -0.174

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Estimated Market Risk

 2.28
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.4
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shanghai Junshi 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 Junshi by adding Shanghai Junshi to a well-diversified portfolio.

Related Headline

Sanbo Hospital Headline on 12th of October 2023

Structural and functional specializations of human fast-spiking ... Science

Shanghai Junshi Valuation on October 12, 2023

It is possible to determine the worth of Shanghai Junshi on a given historical date. On October 12, 2023 Shanghai was worth 38.98 at the beginning of the trading date compared to the closed value of 40.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Junshi stock. Still, in general, we apply an absolute valuation method to find Shanghai Junshi'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 Junshi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Junshi's related companies.
 Open High Low Close Volume
  37.75    39.26    37.60    38.60    4,252,976  
10/12/2023
  38.98    40.80    38.90    40.70    8,023,413  
  40.61    41.96    40.01    41.54    7,487,582  
Backtest Shanghai Junshi  |  Shanghai Junshi History  |  Shanghai Junshi Valuation   PreviousNext  
Open Value
38.98
40.7
Closing Value
45.82
Upside

Shanghai Junshi Trading Date Momentum on October 12, 2023

On October 13 2023 Shanghai Junshi Biosciences was traded for  41.54  at the closing time. The highest price during the trading period was 41.96  and the lowest recorded bid was listed for  40.01 . The volume for the day was 7.5 M. This history from October 13, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 2.06% . The trading price change to the current price is 3.07% .

Shanghai Junshi Bios Fundamentals Correlations and Trends

By evaluating Shanghai Junshi'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 Junshi'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 Junshi Stock history

Shanghai Junshi 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 Junshi Bios 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 Junshi stock prices may prove useful in developing a viable investing in Shanghai Junshi

Shanghai Junshi Stock Technical Analysis

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

Low
January 7, 2025
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High

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Shanghai Junshi Biosciences 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 Junshi January 7, 2025 Market Strength

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

Shanghai Junshi Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shanghai Junshi'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 Junshi's price analysis, check to measure Shanghai Junshi'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 Junshi is operating at the current time. Most of Shanghai Junshi's value examination focuses on studying past and present price action to predict the probability of Shanghai Junshi'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 Junshi's price. Additionally, you may evaluate how the addition of Shanghai Junshi to your portfolios can decrease your overall portfolio volatility.
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