Shanghai Friendess (China) Price on November 15, 2023
| 688188 Stock | 178.56 0.86 0.48% |
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 178.56, as last reported on the 25th of December, with the highest price reaching 179.50 and the lowest price hitting 176.00 during the day.
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. At this point, Shanghai Friendess is very steady. Shanghai Friendess owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0326, which indicates the firm had a 0.0326% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shanghai Friendess Electronics, which you can use to evaluate the volatility of the company. Please validate Shanghai Friendess' Risk Adjusted Performance of 0.0395, semi deviation of 2.44, and Coefficient Of Variation of 2523.95 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
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 188.1449 | 50 Day MA 191.469 | Beta 0.789 |
Shanghai |
Sharpe Ratio = 0.0326
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| Cash | Small Risk | Average Risk | 688188 | Huge Risk |
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Estimated Market Risk
| 3.7 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Shanghai Friendess is performing at about 2% 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 6.9434 | Enterprise Value Ebitda 30.7092 | Price Sales 21.3532 | Shares Float 70.2 M | Wall Street Target Price 219.92 |
Shanghai Friendess Valuation on November 15, 2023
It is possible to determine the worth of Shanghai Friendess on a given historical date. On November 15, 2023 Shanghai was worth 230.1 at the beginning of the trading date compared to the closed value of 226.55. 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 | |
| 238.37 | 240.44 | 229.02 | 229.52 | 557,212 | |
11/15/2023 | 230.10 | 230.51 | 222.08 | 226.55 | 545,644 |
| 225.77 | 226.94 | 223.11 | 224.25 | 275,545 |
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Shanghai Friendess Trading Date Momentum on November 15, 2023
| On November 16 2023 Shanghai Friendess Electronics was traded for 224.25 at the closing time. The highest price during the trading period was 226.94 and the lowest recorded bid was listed for 223.11 . The volume for the day was 275.5 K. This history from November 16, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.02% . The trading price change to the current price is 1.91% . |
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 |
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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 25, 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 25, 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 | 0.0395 | |||
| Jensen Alpha | 0.1429 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0386 | |||
| Treynor Ratio | (0.54) |
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| 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.
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