SICC (China) Price on September 10, 2024
688234 Stock | 49.79 1.41 2.75% |
If you're considering investing in SICC Stock, it is important to understand the factors that can impact its price. As of today, the current price of SICC stands at 49.79, as last reported on the 3rd of January, with the highest price reaching 51.55 and the lowest price hitting 49.31 during the day. SICC retains Efficiency (Sharpe Ratio) of -0.18, which indicates the firm had a -0.18% return per unit of volatility over the last 3 months. SICC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SICC's risk adjusted performance of (0.14), and Standard Deviation of 3.44 to confirm the risk estimate we provide.
SICC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SICC |
Sharpe Ratio = -0.1777
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 688234 |
Estimated Market Risk
3.44 actual daily | 30 70% of assets are more volatile |
Expected Return
-0.61 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SICC 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 SICC by adding SICC to a well-diversified portfolio.
Related Headline
Jiangsu Financial Headline on 10th of September 2024
Jiangsu Expressway Subsidiary Converts Bonds to Shares - Tip... by news.google.com
Jiangsu Expressway Subsidiary Converts Bonds to Shares TipRanks
SICC Valuation on September 10, 2024
It is possible to determine the worth of SICC on a given historical date. On September 10, 2024 SICC was worth 48.01 at the beginning of the trading date compared to the closed value of 48.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SICC stock. Still, in general, we apply an absolute valuation method to find SICC'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 SICC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SICC's related companies.
Open | High | Low | Close | Volume | |
47.96 | 48.83 | 47.58 | 47.95 | 1,290,041 | |
09/10/2024 | 48.01 | 48.85 | 47.28 | 48.42 | 1,211,978 |
48.34 | 49.43 | 48.11 | 49.20 | 1,835,159 |
Backtest SICC | | | SICC History | | | SICC Valuation | Previous | Next |
SICC Trading Date Momentum on September 10, 2024
On September 11 2024 SICC Co was traded for 49.20 at the closing time. The highest price during the trading period was 49.43 and the lowest recorded bid was listed for 48.11 . The volume for the day was 1.8 M. This history from September 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.61% . The trading price change to the current price is 4.42% . |
SICC Fundamentals Correlations and Trends
By evaluating SICC'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 SICC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SICC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SICC Stock history
SICC 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 SICC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SICC 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 SICC stock prices may prove useful in developing a viable investing in SICC
SICC Stock Technical Analysis
SICC 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
SICC Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
SICC Co 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.
SICC January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how SICC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SICC shares will generate the highest return on investment. By undertsting and applying SICC stock market strength indicators, traders can identify SICC Co entry and exit signals to maximize returns
SICC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SICC's price direction in advance. Along with the technical and fundamental analysis of SICC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SICC 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 | (0.14) | |||
Jensen Alpha | (0.62) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | (1.23) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for SICC Stock analysis
When running SICC's price analysis, check to measure SICC'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 SICC is operating at the current time. Most of SICC's value examination focuses on studying past and present price action to predict the probability of SICC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SICC's price. Additionally, you may evaluate how the addition of SICC to your portfolios can decrease your overall portfolio volatility.
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