Shanghai Junshi (China) Price on October 24, 2024
| 688180 Stock | 29.97 0.13 0.43% |
Below is the normalized historical share price chart for Shanghai Junshi Biosciences extending back to July 15, 2020. 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 Shanghai Junshi stands at 29.97, as last reported on the 19th of December, with the highest price reaching 30.30 and the lowest price hitting 29.93 during the day.
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. Shanghai Junshi appears to be not too volatile, given 3 months investment horizon. Shanghai Junshi Bios owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shanghai Junshi Biosciences, which you can use to evaluate the volatility of the company. Please review Shanghai Junshi's Coefficient Of Variation of 1035.14, semi deviation of 2.42, and Risk Adjusted Performance of 0.0847 to confirm if our risk estimates are consistent with your expectations.
As of December 19, 2024, Total Stockholder Equity is expected to decline to about 6 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 951.7 M. Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 28.9528 | 50 Day MA 30.8632 | Beta 0.414 |
Shanghai |
Sharpe Ratio = 0.1198
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688180 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.97 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Shanghai Junshi is performing at about 9% 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 Shanghai Junshi by adding it to a well-diversified portfolio.
Price Book 4.5433 | Enterprise Value Ebitda (8.35) | Price Sales 14.3635 | Shares Float 127.3 M | Wall Street Target Price 39 |
Shanghai Junshi Valuation on October 24, 2024
It is possible to determine the worth of Shanghai Junshi on a given historical date. On October 24, 2024 Shanghai was worth 32.28 at the beginning of the trading date compared to the closed value of 31.87. 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 | |
| 31.88 | 32.84 | 31.65 | 32.25 | 9,144,126 | |
10/24/2024 | 32.28 | 32.65 | 31.85 | 31.87 | 5,547,925 |
| 32.28 | 32.93 | 31.81 | 32.27 | 7,328,359 |
| Backtest Shanghai Junshi | | | Shanghai Junshi History | | | Shanghai Junshi Valuation | Previous | Next |
Shanghai Junshi Trading Date Momentum on October 24, 2024
| On October 25 2024 Shanghai Junshi Biosciences was traded for 32.27 at the closing time. The highest price during the trading period was 32.93 and the lowest recorded bid was listed for 31.81 . The volume for the day was 7.3 M. This history from October 25, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.26% . The trading price change to the current price is 6.18% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 985.7 M | 951.7 M | |
| Net Loss | -2.2 B | -2.1 B |
Shanghai Junshi Quarterly Net Working Capital |
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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.
Price Boundaries
Shanghai Junshi Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
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 December 19, 2024 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.
| Risk Adjusted Performance | 0.0847 | |||
| Jensen Alpha | 0.3603 | |||
| Total Risk Alpha | 0.2668 | |||
| Sortino Ratio | 0.1299 | |||
| Treynor Ratio | (3.85) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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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