Shanghai Friendess (China) Price on April 26, 2024

688188 Stock   189.18  5.07  2.61%   
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 Friendess stands at 189.18, as last reported on the 3rd of January, with the highest price reaching 196.96 and the lowest price hitting 186.70 during the day. Shanghai Friendess 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. Shanghai Friendess Electronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shanghai Friendess' Coefficient Of Variation of (835.47), variance of 6.96, and Risk Adjusted Performance of (0.09) 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 = -0.1197

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Estimated Market Risk

 2.64
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.32
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shanghai Friendess 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 Friendess by adding Shanghai Friendess to a well-diversified portfolio.

Shanghai Friendess Valuation on April 26, 2024

It is possible to determine the worth of Shanghai Friendess on a given historical date. On April 26, 2024 Shanghai was worth 312.0 at the beginning of the trading date compared to the closed value of 317.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Friendess stock. Still, in general, we apply an absolute valuation method to find Shanghai Friendess' 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 Friendess where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Friendess' related companies.
 Open High Low Close Volume
  308.25    313.80    305.72    311.39    392,286  
04/26/2024
  312.00    321.03    309.82    317.15    618,824  
  317.16    326.30    313.30    322.80    538,076  
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Open Value
312.0
304.09
Downside
317.15
Closing Value
319.91
Upside

Shanghai Friendess Trading Date Momentum on April 26, 2024

On April 29 2024 Shanghai Friendess Electronics was traded for  322.80  at the closing time. The highest price during the trading period was 326.30  and the lowest recorded bid was listed for  313.30 . The volume for the day was 538.1 K. This history from April 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.78% . The trading price change to the current price is 3.39% .

Shanghai Friendess Fundamentals Correlations and Trends

By evaluating Shanghai Friendess' 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 Friendess' 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 Friendess Stock history

Shanghai Friendess 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 Friendess 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 Friendess stock prices may prove useful in developing a viable investing in Shanghai Friendess

Shanghai Friendess Stock Technical Analysis

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

Low
January 3, 2025
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High

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 0.00 

Shanghai Friendess Electronics 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 Friendess January 3, 2025 Market Strength

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

Shanghai Friendess Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shanghai Friendess' 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 Friendess' price analysis, check to measure Shanghai Friendess' 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 Friendess is operating at the current time. Most of Shanghai Friendess' value examination focuses on studying past and present price action to predict the probability of Shanghai Friendess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai Friendess' price. Additionally, you may evaluate how the addition of Shanghai Friendess to your portfolios can decrease your overall portfolio volatility.
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