Shanghai OPM (China) Price on June 4, 2024
| 688293 Stock | 39.89 0.18 0.45% |
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 OPM stands at 39.89, as last reported on the 22nd of December, with the highest price reaching 40.57 and the lowest price hitting 39.45 during the day. Shanghai OPM appears to be not too volatile, given 3 months investment horizon. Shanghai OPM Biosciences owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. By inspecting Shanghai OPM's technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please review Shanghai OPM's Risk Adjusted Performance of 0.1243, coefficient of variation of 683.92, and Semi Deviation of 3.65 to confirm if our risk estimates are consistent with your expectations.
As of December 22, 2024, Total Stockholder Equity is expected to decline to about 1.5 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 110.5 M. Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shanghai |
Sharpe Ratio = 0.1782
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| Small Returns | 688293 | |||
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Estimated Market Risk
| 5.18 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.92 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Shanghai OPM is performing at about 14% 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 OPM by adding it to a well-diversified portfolio.
Price Book 2.1785 | Enterprise Value Ebitda 60.8863 | Price Sales 15.9359 | Shares Float 39.2 M | Dividend Share 0.45 |
Shanghai OPM Valuation on June 4, 2024
It is possible to determine the worth of Shanghai OPM on a given historical date. On June 4, 2024 Shanghai was worth 35.27 at the beginning of the trading date compared to the closed value of 36.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai OPM stock. Still, in general, we apply an absolute valuation method to find Shanghai OPM'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 OPM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai OPM's related companies.
| Open | High | Low | Close | Volume | |
| 36.61 | 36.97 | 35.12 | 35.58 | 1,211,128 | |
06/04/2024 | 35.27 | 38.45 | 35.00 | 36.94 | 1,061,705 |
| 36.95 | 38.30 | 36.06 | 36.74 | 760,930 |
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Shanghai OPM Trading Date Momentum on June 4, 2024
| On June 05 2024 Shanghai OPM Biosciences was traded for 36.74 at the closing time. The highest price during the trading period was 38.30 and the lowest recorded bid was listed for 36.06 . The volume for the day was 760.9 K. This history from June 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.54% . The trading price change to the current price is 4.44% . |
Shanghai OPM Biosciences Fundamentals Correlations and Trends
By evaluating Shanghai OPM'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 OPM'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 OPM Stock history
Shanghai OPM 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 OPM Biosciences 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 OPM stock prices may prove useful in developing a viable investing in Shanghai OPM
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 114.8 M | 110.5 M |
Shanghai OPM Quarterly Net Working Capital |
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Shanghai OPM Stock Technical Analysis
Shanghai OPM 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 OPM Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Shanghai OPM 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 OPM December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanghai OPM 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 OPM shares will generate the highest return on investment. By undertsting and applying Shanghai OPM stock market strength indicators, traders can identify Shanghai OPM Biosciences entry and exit signals to maximize returns
Shanghai OPM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai OPM'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 | 0.1243 | |||
| Jensen Alpha | 0.76 | |||
| Total Risk Alpha | 0.5946 | |||
| Sortino Ratio | 0.1659 | |||
| Treynor Ratio | (0.74) |
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| Volume Indicators |
Complementary Tools for Shanghai Stock analysis
When running Shanghai OPM's price analysis, check to measure Shanghai OPM'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 OPM is operating at the current time. Most of Shanghai OPM's value examination focuses on studying past and present price action to predict the probability of Shanghai OPM'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 OPM's price. Additionally, you may evaluate how the addition of Shanghai OPM to your portfolios can decrease your overall portfolio volatility.
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