Shanghai Friendess (China) Price on August 31, 2023
| 688188 Stock | 180.00 1.00 0.55% |
Below is the normalized historical share price chart for Shanghai Friendess Electronics extending back to August 08, 2019. 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 Friendess stands at 180.00, as last reported on the 22nd of December, with the highest price reaching 182.37 and the lowest price hitting 178.59 during the day.
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. Shanghai Friendess appears to be very steady, given 3 months investment horizon. Shanghai Friendess owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0777, which indicates the firm had a 0.0777% return per unit of risk over the last 3 months. We have found thirty technical indicators for Shanghai Friendess Electronics, which you can use to evaluate the volatility of the company. Please review Shanghai Friendess' Coefficient Of Variation of 2490.75, risk adjusted performance of 0.0396, and Semi Deviation of 2.4 to confirm if our risk estimates are consistent with your expectations.
At present, Shanghai Friendess' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 176.3 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 105.2 M. . Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 188.2882 | 50 Day MA 192.1348 | Beta 0.789 |
Shanghai |
Sharpe Ratio = 0.0777
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688188 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.7 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Shanghai Friendess is performing at about 6% 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 Friendess by adding it to a well-diversified portfolio.
Price Book 7.0333 | Enterprise Value Ebitda 31.1644 | Price Sales 21.5459 | Shares Float 70.2 M | Wall Street Target Price 219.92 |
Shanghai Friendess Valuation on August 31, 2023
It is possible to determine the worth of Shanghai Friendess on a given historical date. On August 31, 2023 Shanghai was worth 260.01 at the beginning of the trading date compared to the closed value of 263.37. 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 | |
| 262.00 | 267.32 | 256.00 | 263.81 | 794,189 | |
08/31/2023 | 260.01 | 267.45 | 258.00 | 263.37 | 459,273 |
| 266.00 | 266.00 | 257.02 | 261.50 | 294,007 |
| Backtest Shanghai Friendess | | | Shanghai Friendess History | | | Shanghai Friendess Valuation | Previous | Next |
Shanghai Friendess Trading Date Momentum on August 31, 2023
| On September 01 2023 Shanghai Friendess Electronics was traded for 261.50 at the closing time. The highest price during the trading period was 266.00 and the lowest recorded bid was listed for 257.02 . The volume for the day was 294 K. This history from September 1, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.71% . The trading price change to the current price is 1.67% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 146.3 M | 105.2 M | |
| Net Income Applicable To Common Shares | 551.5 M | 313.1 M |
Shanghai Friendess Quarterly Net Working Capital |
|
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.
Price Boundaries
Shanghai Friendess Period Price Range
Low | December 22, 2024
| High |
0.00 | 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 December 22, 2024 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.
| Risk Adjusted Performance | 0.0396 | |||
| Jensen Alpha | 0.1418 | |||
| Total Risk Alpha | 0.0342 | |||
| Sortino Ratio | 0.0449 | |||
| Treynor Ratio | (0.53) |
| 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 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.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |